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5767 N 450 E, Leesburg, IN, 46538

4beds
3baths
4,492sqft
$850,000
$189price/sqft
$5,567/moest. monthly cost
$222,680/yrincome needed

About This Home

Experience luxury, privacy, and lake-country living in this exceptional ranch, ideally situated on 6.63 rolling, wooded acres with access to beautiful Lake Tippecanoe. Built in 2015 and offering approximately 4,796 finished square feet, this impressive property combines spacious living, quality craftsmanship, and a peaceful setting. At the heart of the home is an expansive kitchen offering the space, storage, and functionality expected in a luxury property. Extensive custom cabinetry showcases timeless craftsmanship while providing abundant room for cookware and serving pieces. Generous solid-surface countertops create ample preparation and serving space, while the oversized center island gives guests a natural place to gather. Double ovens and a large walk-in pantry complete this well-appointed kitchen. Its open connection to the living areas allows the cook to remain part of the conversation and makes the space equally suited for casual meals and large-scale entertaining. The spacious great room features vaulted, beamed ceilings and one of two gas-log fireplaces, creating an inviting focal point. A formal dining room provides an elegant setting for meals and special occasions. The main-level primary suite, additional bedrooms, laundry room, and expansive foyer offer comfort and convenience, while thoughtful architectural details continue throughout the home. The finished walkout lower level adds exceptional flexibility with a large family room, second gas-log fireplace, bar area, fourth bedroom, generous storage room, and an expansive open area. This level can accommodate recreation, a home theater, fitness equipment, hobbies, game tables, or additional entertaining space. Outside, covered and open deck areas overlook mature landscaping and quiet wooded surroundings. The rolling acreage offers privacy, natural beauty, and room to enjoy the outdoors. A heated two-car attached garage adds year-round convenience. The separate 1,176-square-foot pole building provides additional space for boats, vehicles etc, and includes its own living quarters. This distinctive property brings together expansive living space, custom craftsmanship, peaceful acreage, versatile outbuilding, and desirable Lake Tippecanoe access. Located within the Wawasee Community School District, it offers a rare opportunity to enjoy refined country living while remaining connected to one of northern Indiana's most sought-after lakes.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

7/10
7/10
Wawasee Middle SchoolGrades 6-85.2 mi
4/10
Wawasee High SchoolGrades 9-127.0 mi

Construction

Condition

  • Year built: 2015

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Stone,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Disposal,Range/Oven Hook Up Elec,Dishwasher,Microwave,Refrigerator,Washer,Dryer-Electric,Oven-Built-In,Electric Oven,Electric Range,Gas Water Heater,Water Softener Owned
  • Laundry features: Electric Dryer Hookup,Sink,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Finished,Concrete

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 210

Family Room

  • Level: Lower
  • Area: 390

Features

  • 1st Bdrm En Suite,Bar,Bookcases,Ceiling-9+,Ceiling Fan(s),Vaulted Ceiling(s),Walk-In Closet(s),Countertops-Solid Surf,Stone Counters,Crown Molding,Entrance Foyer,Kitchen Island,Natural Woodwork,Open Floorplan,Pantry,Double Vanity,Stand Up Shower,Tub and Separate Shower,Tub/Shower Combination,Main Level Bedroom Suite,Great Room,Custom Cabinetry
  • Flooring: Hardwood,Carpet,Tile,Vinyl
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Living Room,Gas Log,Two,Vented
  • Fireplace: Yes
  • Attic: Storage
  • Finished area below ground: 2,094
  • Finished area above ground: 2,398

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,Wall Furnace
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,792
  • Total interior livable area: 4,492 sqft

Kitchen

  • Level: Main
  • Area: 224

Living Room

  • Level: Main
  • Area: 304

Property

Details

  • Parcel number: 430818400381.000023

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Deck,Covered,Porch Covered
  • Exterior features: Workshop
  • Fencing: None
  • Waterfront features: Walk to Lake Access,Deeded,Ski Lake,Lake
  • Waterbody name: Tippecanoe Lake
  • Frontage length: Channel/Canal Frontage(0),Water Frontage(8)

Lot

  • Lot size: 6.63 Acres
  • Features: Rolling Slope,6-9.999,Wooded,Lake,Rural,Landscaped
  • Lot size dimensions: 677X450

Parking

  • Total spaces: 2.5
  • Parking features: Attached,Garage Door Opener,Heated Garage,Concrete,Gravel
  • Has garage: Yes
  • Attached garage spaces: 2.5
  • Covered spaces: 2.5
  • 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 $4,298$51,576
Home Insurance *$466$5,592
Property Taxes $392$4,704
Electricity $411$4,941
Total$5,567$66,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$190,868/yr
40% on housing$167,010/yr
45% on housing$148,453/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

$189This listing

vs Other Active Listings

Avg $/sqft

ZIP 46538$200
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)

Price History

DateEventPrice
2026-07-31Listed for sale$850,000
2026-07-27Sold$803,500
2026-06-29Pending sale$799,000
2026-06-22Listed for sale$799,000
2018-02-21Listing removed$615,000
2017-07-07Price change$615,000
2017-02-20Listed for sale$668,900

For Sale by Agent

AgentDeb Paton Showley
BrokerageColdwell Banker Real Estate Group

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