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4116 E Stanton Rd, Leesburg, IN, 46538

1beds
1baths
300sqft
$499,900
$1,666price/sqft
$3,247/moest. monthly cost
$129,880/yrincome needed

About This Home

Welcome to your solution for storage from your lake home and overflow company during the lake holidays! This offers an efficiency apartment and "Man Cave" style living in this wonderful insulated pole building overlooking a private pond that is stocked w bass, bluegill, catfish and more! Enjoy walking along Forest Glen Ave and enjoying the lake life and rent a pier space over at Tippy Ballroom Gardens from Patona Bay to enjoy being on Tippy- Just a golf cart ride away! This 4.11 acre lot features a wonderful building spot for a home you have been thinking about. Finish out more of the pole building and have more space for overflow company when they visit at the lake- or if you just need storage for special vehicles, toys, boats, motorcycles, etc- This could be the perfect fit for you! Lots of possibilities! This is a premier lot with a building already on it- in Tippy Heights - a new and upcoming development in betweek Tippecanoe Lake and Stanton Lake. Some of the lots will feature Lake Views from A Bird's Eye View- See List agent for details on the development.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

7/10
Wawasee Middle SchoolGrades 6-84.9 mi
4/10
Wawasee High SchoolGrades PK,9-126.3 mi

Construction

Condition

  • Year built: 2014

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Metal Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven Hook Up Elec,Microwave,Refrigerator,Washer,Dryer-Electric,Washer/Dryer Stacked,Electric Oven,Electric Range,Electric Water Heater,Tankless Water Heater,Water Softener Owned
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup

Basement

  • Basement: None,Concrete

Bedroom1

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Ceiling-9+,Countertops-Solid Surf,Open Floorplan,Stand Up Shower,Custom Cabinetry
  • Flooring: Concrete
  • Fireplace features: One,Free Standing,Vented,Wood Burning Stove
  • Finished area below ground: 0
  • Finished area above ground: 300

Heating & Cooling

  • Heating features: Electric,Wood,Wall Furnace,Multiple Heating Systems
  • Cooling features: None

Interior Area

  • Total structure area: 2,560
  • Total interior livable area: 300 sqft

Living Room

  • Level: Main
  • Area: 156

Property

Details

  • Parcel number: 430807300511.000023

Features

  • Patio & porch: Covered,Patio
  • Exterior features: Workshop
  • Fencing: None
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,Waterfront-Level Bank,Pond
  • Frontage length: Water Frontage(300)

Lot

  • Lot size: 4.11 Acres
  • Features: Irregular Lot,Level,3-5.9999,Lake,Rural,Rural Subdivision
  • Lot size dimensions: 434x404

Parking

  • Total spaces: 6
  • Parking features: Attached,Heated Garage,Gravel
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,527$30,324
Home Insurance *$274$3,288
Property Taxes $262$3,144
Electricity $184$2,212
Total$3,247$38,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$111,325/yr
40% on housing$97,410/yr
45% on housing$86,586/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 5.5%
5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,666This listing

vs Other Active Listings

Avg $/sqft

ZIP 46538$196
Kosciusko County$183

vs Homes Sold Last Month

Median $/sqft

ZIP 46538$190
Kosciusko County$150

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-12Price change$517,000
2026-01-22Price change$585,000
2025-09-04Price change$699,900
2025-07-03Listed for sale$735,000

For Sale by Agent

AgentDeb Paton Showley
BrokerageColdwell Banker Real Estate Group

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