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16 Ems B57 Ln, Warsaw, IN, 46582

2beds
1baths
604sqft
$172,000
$285price/sqft
$1,253/moest. monthly cost
$50,120/yrincome needed

About This Home

Immediate possession available with this year around 2 bedroom lake area bungalow only 200 feet from the neighborhood lakefront park area with concrete patio and fire ring offering pier space on Big Barbee Lake! Open floor plan with lake themed knotty pine interior and glass slider from the dining area leading to the wood deck with bench seating. Amenities include: new roof shingles, vinyl siding, insulated windows, central AC, modern breaker box, newer 4 inch well, regional sewer district connection, patio area, storage shed and off street parking. Lakefront association area ($300 per year) offers a concrete seawall, sandy swimming, pier slip and panoramic views of the lake. The Barbee chain-of-lakes is 7 interconnected lakes of which Big Barbee (304 acres) is an all-sport lake. The Barbee Lakes are well known for muskie fishing along with bluegill, largemouth bass, perch, catfish and crappie. A great location within close proximity to local lake area diners. Whether you're looking for a seasonal retreat or year around lake area living, this is an affordable way to get on the water.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

7/10
7/10
Wawasee Middle SchoolGrades 6-86.1 mi
4/10
Wawasee High SchoolGrades 9-129.2 mi

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin/Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven Hook Up Elec,Refrigerator,Electric Range,Electric Water Heater

Basement

  • Basement: Crawl Space,Block,Sump Pump

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 40

Features

  • Ceiling Fan(s),Vaulted Ceiling(s),Open Floorplan,Stand Up Shower
  • Window features: Insulated Windows
  • Flooring: Hardwood,Tile
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 604

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 604
  • Total interior livable area: 604 sqft

Kitchen

  • Level: Main
  • Area: 90

Living Room

  • Level: Main
  • Area: 160

Property

Details

  • Parcel number: 430828100328.000023
  • Zoning: R1
  • Other equipment: Sump Pump

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Patio
  • Fencing: None
  • Waterfront features: Boat Docking Rights,Private Beach,Walk to Lake Access,Assoc,Lake Front,Access to Ski Lake,Lake
  • Waterbody name: Big Barbee Lake

Lot

  • Lot size: 2,613 sqft
  • Features: Level,Lake
  • Lot size dimensions: 50x50

Parking

  • Parking features: Gravel
  • 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

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Lightning
Tornado

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 $869$10,428
Home Insurance *$72$864
Property Taxes $128$1,536
Electricity $184$2,212
Total$1,253$15,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$42,960/yr
40% on housing$37,590/yr
45% on housing$33,413/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

$285This listing

vs Other Active Listings

Avg $/sqft

ZIP 46582$142
Kosciusko County$184

vs Homes Sold Last Month

Median $/sqft

ZIP 46582$153
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
2026-08-17Price change$168,000
2026-07-27Price change$172,000
2026-07-10Price change$178,000
2026-06-26Listed for sale$184,000
2026-05-19Sold$125,001
2023-08-22Listing removed$225,000
2023-04-27Listed for sale$225,000
2022-03-03Listing removed--
2021-11-01Listed for sale$283,000
2019-07-22Listing removed$132,500
2019-03-09Listed for sale$132,500
2018-04-10Listing removed$117,300
2017-10-09Listed for sale$117,300

For Sale by Agent

AgentDave Blackwell
BrokerageBlackwell Real Estate

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