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  • $500,000

    52 Ems B40 Ln, Leesburg, IN 46538

    3beds
    2,276sqft
    Single Family Residence
    Built in 1990
    0.32 Acres Lot
    $501,800 Zestimate®
    $--/sqft
    $2,145 Estimated rent

    Home value

    $501,800

    $472,000 - $532,000

    $2,145/mo

    Zestimate® history
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    What's special

    Lakefront log sided homeDining areaCovered back porchCozy covered porchOverlooking sawmill lakeGraveled swimming areaHome water softener
    Welcome to 52 EMS B40 Lane. This Lakefront log sided home is located high and dry along the picturesque shores of Sawmill Lake. Sawmill Lake is part of the Barbee Chain of Lakes that consists of 7 interconnected lakes with over 738 acres of aquatic paradise awaiting your exploration, including Big Barbee Lake, which is an all sports lake. This home is perfect for full-time living, weekend warriors or AirBNB/VRBO. The main level of the house greats you with cozy covered porch. This level consists of a spacious well appointed kitchen, dining area, full bath and living area. The covered back porch is the crown jewel of the property. Overlooking Sawmill Lake, this is bound to be your go to spot to relax when you are not out on the water. The upper level has an expansive main bedroom with laundry and full bath that featuring a huge tub, separate shower and dual sink vanity. The lower walk-out level is a warm and inviting space with a stone gas fireplace. The two wood piers are included in the sale and are set on 54' of concrete seawall. Let's not forget the graveled swimming area! This home features a studio apt. out front which has been nicely updated and includes a kitchen and full bath of its own. Fiber Optic Internet and home is not in a flood plain! Home water softener is rented Apartment Water Softener is Owned.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeremy W Doerr 574-518-0492,

    Re/Max Partners

    Bought with:

    Jeremy W Doerr, RB17002199

    Re/Max Partners

    Source: IRMLS,MLS#: 202611790MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bedrooms: 1
    Bedroom 1
    • Level: Upper
    Bedroom 2
    • Level: Upper
    Dining room
    • Level: Main
    • Area: 247
    • Dimensions: 19 x 13
    Family room
    • Level: Lower
    • Area: 510
    • Dimensions: 30 x 17
    Kitchen
    • Level: Main
    • Area: 180
    • Dimensions: 15 x 12
    Living room
    • Level: Main
    • Area: 160
    • Dimensions: 16 x 10
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Disposal, Range/Oven Hook Up Gas, Dishwasher, Microwave, Refrigerator, Washer, Dryer-Gas, Gas Range, Electric Water Heater, Water Softener Owned
    • Laundry: Gas Dryer Hookup, Washer Hookup
    Features
    • Flooring: Vinyl
    • Windows: Blinds
    • Basement: Walk-Out Access,Partially Finished,Sump Pump
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas Log, Insert
    Interior area
    • Total structure area: 2,420
    • Total interior livable area: 2,276 sqft
    • Finished area above ground: 1,600
    • Finished area below ground: 676

    Property

    Parking
    • Parking features: Gravel
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck Covered, Patio, Porch Covered
    • Exterior features: Fire Pit
    • Fencing: None
    • Has view: Yes
    • On waterfront: Yes
    • Waterfront features: Waterfront, Lake, Pier/Dock, Lake Front, Access to Ski Lake
    • Body of water: Sawmill Lake
    • Frontage length: Channel/Canal Frontage(0),Water Frontage(54)
    Lot
    • Size: 0.32 Acres
    • Dimensions: 60'x246'
    • Features: Sloped, Lake
    Details
    • Additional structures: Shed(s), Studio
    • Parcel number: 430820100103.000023
    • Zoning: R1
    • Zoning description: Residential
    • Other equipment: Sump Pump

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Log
    • Property subtype: Single Family Residence
    Materials
    • Log
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Electric: REMC
    • Gas: NIPSCO
    • Sewer: Regional
    • Water: Well

    Community & HOA

    Community
    • Features: None
    • Subdivision: Swartz & Holes
    Location
    • Region: Leesburg

    Financial & listing details

    • Tax assessed value: $599,100
    • Annual tax amount: $2,839
    • Date on market: 4/7/2026
    • Listing terms: Cash,Conventional,Other
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    8/7/2026Sold$500,000-8.9%
    Source: IRMLS #202611790 Report a problem
    6/26/2026Pending sale$549,000
    Source: IRMLS #202611790 Report a problem
    4/7/2026Listed for sale$549,000
    Source: IRMLS #202611790 Report a problem
    12/16/2025Listing removed$549,000
    Source: IRMLS #202508203 Report a problem
    7/27/2025Price change$549,000-2.8%
    Source: IRMLS #202508203 Report a problem
    7/11/2025Price change$565,000-2.6%
    Source: IRMLS #202508203 Report a problem
    3/14/2025Listed for sale$579,900-1.7%
    Source: IRMLS #202508203 Report a problem
    12/11/2024Listing removed$589,900
    Source: IRMLS #202437516 Report a problem
    10/12/2024Price change$589,900-1.7%
    Source: IRMLS #202437516 Report a problem
    9/27/2024Listed for sale$599,900+110.5%
    Source: IRMLS #202437516 Report a problem
    9/29/2017Sold$285,000-1.4%$125/sqft
    Source: Agent Provided Report a problem
    6/23/2017Listed for sale$289,000-0.3%$127/sqft
    Source: RE/MAX Results- Warsaw #201728601 Report a problem
    3/17/2017Listing removed$289,900$127/sqft
    Source: L T Real Estate #201611139 Report a problem
    7/5/2016Price change$289,900-3.3%$127/sqft
    Source: L T Foundations Real Estate #201611139 Report a problem
    6/10/2016Price change$299,900-3.3%$132/sqft
    Source: L T Foundations Real Estate #201611139 Report a problem
    3/17/2016Price change$310,000+3.7%$136/sqft
    Source: L T Foundations Real Estate #201610652 Report a problem
    3/5/2016Listed for sale$299,000-3.5%$131/sqft
    Source: The Judy Brown Team-REMAX LAKES #9000724 Report a problem
    9/27/2015Listing removed$310,000$136/sqft
    Source: Century 21 Bradley Realty Inc. #201443193 Report a problem
    10/1/2014Listed for sale$310,000+3.7%$136/sqft
    Source: Century 21 Bradley Realty,Inc. #201443193 Report a problem
    4/22/2014Listing removed$299,000$131/sqft
    Source: RE/MAX Lakes #677158 Report a problem
    9/17/2013Price change$299,000-5%$131/sqft
    Source: RE/MAX Lakes #9004096 Report a problem
    8/27/2013Listed for sale$314,900-3.1%$138/sqft
    Source: ReMax Lakes #9004096 Report a problem
    9/15/2012Listing removed$325,000$143/sqft
    Source: RE/MAX Lakes #9000724 Report a problem
    5/11/2012Price change$325,000-6.9%$143/sqft
    Source: RE/MAX Lakes #9000724 Report a problem
    3/13/2012Listed for sale$349,000-11.6%$153/sqft
    Source: ReMax Lakes #9000724 Report a problem
    9/17/2010Listing removed$395,000$174/sqft
    Source: Rockwell Realty Team LLC #26968 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,737 +4.2%$599,100 +21.4%
    2024$2,627 +9.7%$493,400 +9.2%
    2023$2,396 +16.3%$451,700 +15.2%
    2022$2,061 +14.1%$392,000 +17.5%
    2021$1,806 +6.2%$333,600 +7.3%
    2020$1,701 +15.9%$310,800 +3.9%
    2019$1,467 +0.8%$299,200 +5.1%
    2018$1,456 +18.7%$284,800 +3.9%
    2017$1,226 -4.4%$274,200 +2%
    2016$1,283 -3.3%$268,700 +1.3%
    2014$1,327 -3.8%$265,200 +2.8%
    2013$1,380 +11.5%$258,100 -4.8%
    2012$1,237 +16.4%$271,000 +5.7%
    2011$1,064 -11.7%$256,300
    2010$1,205 +21%$256,300
    2009$996 +44.1%$256,300 +31.6%
    2007$691 $194,800
    2006-- $194,800
    Find assessor info on the county website

    Neighborhood: 46538

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: North Webster
    • Middle: Wawasee
    • High: Wawasee
    • District: Wawasee

    Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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