See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

71 Ems T7b Ln, Leesburg, IN, 46538

5beds
5baths
5,911sqft
$699,900
$118price/sqft
$4,769/moest. monthly cost
$190,760/yrincome needed

About This Home

Sprawling luxury ranch in the desirable Lakeside community on Little Tippy! This beautifully designed home offers 4 bedrooms plus a bonus room (5 total sleeping areas) and over 3,600 sq ft on the main level, with a fully finished lower level built for entertaining. High-end finishes are showcased throughout, with expansive living spaces and thoughtful design. The finished lower level features a custom bar, large family room, exercise room, bedroom, and full bath—perfect for guests or extended living. Enjoy outdoor living with an oversized screened porch and expansive deck overlooking the half-acre lot, ideally positioned backing to community playground, tennis courts, and shared entertaining spaces. Lakeside amenities include boat slip access, private swimming beach, and recreational areas. Located on Little Tippy (James Lake), the upper basin of Lake Tippecanoe, offering access to one of Indiana’s premier all-sports lakes known for boating, skiing, and fishing. A rare opportunity to enjoy luxury, space, and lake lifestyle all in one!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

7/10
Wawasee Middle SchoolGrades 6-84.9 mi
4/10
Wawasee High SchoolGrades PK,9-127.7 mi

Construction

Condition

  • Year built: 1996

Materials

  • Roof: Asphalt,Shingle,Dimensional Shingles
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Range/Oven Hook Up Gas,Dishwasher,Microwave,Refrigerator,Washer,Dryer-Electric,Ice Maker,Exhaust Fan,Gas Oven,Gas Range,Water Filtration System,Gas Water Heater,Water Softener Owned
  • Laundry features: Electric Dryer Hookup,Sink,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished,Concrete,Sump Pump

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 120

Family Room

  • Level: Main
  • Area: 400

Features

  • 1st Bdrm En Suite,Bar,Bookcases,Ceiling-9+,Tray Ceiling(s),Ceiling Fan(s),Vaulted Ceiling(s),Walk-In Closet(s),Countertops-Solid Surf,Stone Counters,Crown Molding,Entrance Foyer,Soaking Tub,Kitchen Island,Open Floorplan,Split Br Floor Plan,Double Vanity,Wet Bar,Kitchenette,Stand Up Shower,Tub and Separate Shower,Tub/Shower Combination,Main Level Bedroom Suite,Formal Dining Room,Great Room,Custom Cabinetry
  • Door features: Pocket Doors,Six Panel Doors,Insulated Doors
  • Window features: Skylight(s),Insulated Windows,Window Treatments,Blinds
  • Flooring: Hardwood,Carpet,Tile,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Living Room,Wood Burning,One,Gas Starter,Vented
  • Fireplace: Yes
  • Attic: Storage
  • Finished area below ground: 1,513
  • Finished area above ground: 4,398

Heating & Cooling

  • Heating features: Electric,Natural Gas,Forced Air,Wall Furnace,Multiple Heating Systems
  • Cooling features: Central Air,Other,Multi Units

Interior Area

  • Total structure area: 6,810
  • Total interior livable area: 5,911 sqft

Kitchen

  • Level: Main
  • Area: 247

Living Room

  • Level: Main
  • Area: 352

Office

  • Level: Main
  • Area: 168

Property

Details

  • Parcel number: 430816300145.000023
  • Other equipment: Generator,Intercom,Sump Pump

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Patio,Porch Covered,Enclosed,Screened
  • Exterior features: Fire Pit,Irrigation System
  • Fencing: None
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • Waterfront features: Lake,Pier/Dock Available,Private Beach,Walk to Lake Access,Assoc,Ski Lake
  • Waterbody name: James Lake (Little Tippy)

Lot

  • Lot size: 0.52 Acres
  • Features: Level,0-2.9999,Lake,Near Walking Trail,Landscaped
  • Lot size dimensions: 100X225

Parking

  • Total spaces: 2.5
  • Parking features: Attached,Garage Door Opener,Heated Garage,Concrete
  • 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

  • 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 $3,539$42,468
Home Insurance *$384$4,608
Property Taxes $305$3,660
Electricity $541$6,502
Total$4,769$57,228
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$163,508/yr
40% on housing$143,070/yr
45% on housing$127,173/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

$118This listing

vs Other Active Listings

Avg $/sqft

ZIP 46538$204
Kosciusko County$184

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
2026-04-28Listed for sale$789,900

For Sale by Agent

AgentDeb Paton Showley
BrokerageColdwell Banker Real Estate Group

Similar Homes