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$499,000

40 Ems T15B Ln Leesburg, IN 46538

4 beds
3 full, 1 partial
0.4 acres
$143 / sqft
House

Property details

About 40 Ems T15B Ln

Amazing opportunity to own this 1.5 story home boasting tons of updates, a fantastic 3 seasons room, full finished daylight walk-out basement w/ workshop, 2 decks & direct access to lagoon & Tippy Channel! That’s right, this 4 bedroom, 3.5 bath home is being sold w/ 2 parcels—the channel parcel backs up to home w/ just a short walk in your back yard to your pier space for access to all-sports Lake Tippecanoe! Located in ultra quiet & peaceful area on cul de sac, this 1993 built home has been well maintained from outside in w/ obvious pride of ownership. Nestled on expansive 0.37 acre lot w/ water views, it’s sure to charm from the moment you arrive w/ attractive exterior, large driveway, attached 3 car garage (30x34 good for inside boat storage) & inviting 300 sqft covered front porch where you can kick back & relax w/ friends & family. Frosted glass front door w/ twin matching sidelights opens to bright & welcoming atmosphere complemented by crisp white walls, wood trim & updated wood flooring. Generous front living room off foyer gets plenty of natural light. Head on back to open concept kitchen/dining where you can entertain guests or hold family gatherings. Beautiful updated kitchen is separated from dining by wrap around breakfast bar & contains abundant cabinetry, hard surface counters, tile backsplash & laundry/garage access which includes full bath w/ walk-in shower. Double glass doors open to wonderful sun porch featuring panoramic views of the channel & 2 doors linking both elevated wood decks ideal for sun bathing or enjoying the warm weather (stairs down to lower level). Big first floor primary bedroom includes huge updated en suite bath w/ tiled walk-in shower, soaking tub, make-up station & dual sink vanity. Up the stairs w/ skylight you’ll find 2 more comfortably sized bedrooms w/ angular ceilings & another full bath w/ tub/shower combo. Large lower level can be used as 2nd living, home theater/rec/office, etc w/ workshop in back. Half bath & 4th bedroom down here as well. Sliding glass doors open to walk out cement covered patio perfect for chilling in the shade. Double decks & a massive yard means there’s no end to all the outdoor fun & activities you can have, sky’s the limit! Lake Tippecanoe is the deepest natural lake in the state & is prime for fishing, boating & skiing. Reach out today! (Note: High speed fiber optic internet available; roof 7 yrs; HVAC 2 yrs; water heater/softener 1 yr old; all appliances stay.)

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Baseboard
StatusActive
CoolingCentral Air
Lot size0.37 Acres
Year built1993
MLS #202528717
Attached garage3 spaces
WaterfrontLake Front

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Waterfront: Lake Front
  • Exterior: Vinyl
  • Heating: Natural Gas, Baseboard
  • Cooling: Central Air
  • List Price: $499,000
  • Price/SqFt: $142
  • Annual Tax Amount: $1,637
  • Tax Year: 2023
  • Lot: Waterfront
  • Directions: Use Gps to 40 EMS T15B Lane
  • Year Built: 1993
  • Lot Size: 0.37 Acres
  • MLS Number: 202528717
  • Office Name: Keller Williams Thrive North
  • Office Email: danyelle.hubbs@thergroupteam.com
  • Listing Agent: Danyelle Hubbs

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: 7/25/2025, 3:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2023$319,100$1,637
2021$243,500$1,349
2020$189,900$875
2019$181,900$764
2017$166,900$728

History based on county public records data.

Nearby schools

6

North Webster Elementary School

Public District KG-5

2.7 mi

5745 N 750 E

6

Leesburg Elementary School

Public District KG-6

4.7 mi

6250 N Old State Road 15

5

Harrison Elementary School

Public District KG-6

5.3 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 $65,374. Typical income of Leesburg, IN residents is between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

14%
<35k
63%
35k-100k
23%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

28%
Single, No Kids
6%
Single, with Kids
45%
Married, No Kids
21%
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
45%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

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

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Frequently asked questions

About 40 Ems T15B Ln

The listing price of 40 Ems T15B Ln property is $499,000.

The property 40 Ems T15B Ln is a house located in Leesburg, Indiana, 46538.

Active Listing: 40 Ems T15B Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 40 Ems T15B Ln are: North Webster Elementary School (GreatSchools Rating 6/10), Leesburg Elementary School (GreatSchools Rating 6/10), Harrison Elementary School (GreatSchools Rating 5/10), Wawasee Middle School (GreatSchools Rating 6/10), Lakeview Middle School (GreatSchools Rating 6/10), Edgewood Middle School (GreatSchools Rating 5/10), 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 $1,637 (source: MLS/based on county public records data).

The property at 40 Ems T15B Ln has 4 bedrooms and 3 full and 1 half bathrooms.

The year of construction for 40 Ems T15B Ln is 1993.

This home is located at 40 Ems T15B Ln in Leesburg, IN and zip code 46538. This home, which was built in 1993, sits on a 0.37 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 23, 2025 and is currently priced at $499,000.

Over 0 listings were sold over their listed price in June 2025 in Leesburg, IN. In the same period over 1 listings were sold below the listed price and 2 listings were sold for the listed price. Between May and June 2025, Leesburg, IN real estate market has seen increase in the number of listings by 10.3%.

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

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