$599,900

387 Ems T26 Ln Leesburg, IN 46538

$7,124
Closing credit¹
6 beds
2 full
0.1 acres
$334 / sqft
House

Property details

About 387 Ems T26 Ln

Rare Lakefront Opportunity on Sought-After Lake Tippecanoe! Don’t miss this unique chance to own not just one, but two charming lake cottages nestled on a beautifully level lakefront property at the highly desirable Lake Tippecanoe — a 786-acre all-sport lake perfect for boating, fishing, and water sports. Known for its vibrant community and unforgettable Independence Day fireworks show, Lake Tippecanoe offers the ultimate blend of recreation and relaxation. Whether you're looking to create cherished family memories or entertain guests all summer long, this property is ready to make it happen. Each cottage features its own living area, dining space, and full kitchen, along with multiple bedrooms and entertainment areas to accommodate friends and family. Step outside to enjoy the spacious lakeside patio — ideal for cookouts, sunset views, and lakeside lounging. This is more than just a lake property — it’s a lifestyle. Come tour this rare double-cottage lakefront retreat today, and make Lake Tippecanoe your new favorite getaway!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusAccepting Backup Offers
(Cont-AccptngBackupOffers)
Lot size0.13 Acres
Year built1938
ParkingGravel
MLS #202523803
WaterfrontLake Front

Virtual tour

Summary

  • Full Bathrooms: 2
  • Flooring Type: Carpet, Vinyl, Other
  • Fireplace: None
  • Total Bedroom Count: 6
  • Parking: Gravel
  • Waterfront: Lake Front
  • Exterior: Vinyl
  • Architectural Style: Cabin/Cottage
  • Heating: Natural Gas, Forced Air
  • Cooling: None
  • List Price: $599,900
  • Price/SqFt: $334
  • Annual Tax Amount: $4,037
  • Tax Year: 2023
  • Lot: Level
  • Directions: From Armstrong Rd, Take T26 to home
  • Year Built: 1938
  • Lot Size: 0.13 Acres
  • MLS Number: 202523803
  • Office Name: Brian Peterson Real Estate
  • Listing Agent: Brian Peterson

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/29/2025, 12:55:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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387 Ems T26 Ln, Leesburg, IN 46538 - bird's eye view of a nearby body of water

$599,900

387 Ems T26 Ln

$7,124

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$324,500$4,037
2021$260,400$3,087
2020$257,400$2,985
2019$254,200$2,898
2017$245,000$2,719

History based on county public records data.

Nearby schools

6

Leesburg Elementary School

Public District KG-6

3.3 mi

6250 N Old State Road 15

6

North Webster Elementary School

Public District KG-5

4.0 mi

5745 N 750 E

5

Harrison Elementary School

Public District KG-6

5.5 mi

1300 Husky Trl

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $69,282. The majority of Leesburg, IN residents have income between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
48%
35k-100k
23%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

33%
Single, No Kids
7%
Single, with Kids
41%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
43%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Bass Pro ShopsBass Pro Shops
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

Frequently asked questions

About 387 Ems T26 Ln

The listing price of 387 Ems T26 Ln property is $599,900.

The property 387 Ems T26 Ln is a house located in Leesburg, Indiana, 46538.

Accepting Backup Offers: 387 Ems T26 Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 387 Ems T26 Ln are: Leesburg Elementary School (GreatSchools Rating 6/10), North Webster Elementary School (GreatSchools Rating 6/10), Harrison Elementary School (GreatSchools Rating 5/10), Wawasee Middle School (GreatSchools Rating 6/10), Milford School (GreatSchools Rating 4/10), Lakeview Middle School (GreatSchools Rating 6/10), Wawasee High School (GreatSchools Rating 4/10), Warsaw Community High School (GreatSchools Rating 6/10), West Noble High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $4,037 (source: MLS/based on county public records data).

The property at 387 Ems T26 Ln has 6 bedrooms and 2 bathrooms.

The year of construction for 387 Ems T26 Ln is 1938.

This home is located at 387 Ems T26 Ln in Leesburg, IN and zip code 46538. This home, which was built in 1938, sits on a 0.13 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 20, 2025 and is currently priced at $599,900.

In May 2025, from all listings sold in Leesburg, IN there were more than 1 sold above asking price, over 3 sold below and more than 1 were sold right at the asked price. In May 2025 in Leesburg, IN there were 40.9% more homes for sale than in April.

From Rocket Homes Real Estate and based on county public records data.

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