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126 Ems T15

Leesburg, IN 46538

5 beds
3 baths
– sqft
7,405 sqft lot
– on site

Welcome to your channel front retreat on Lake Tippecanoe! Tippecanoe has a clay, gravel muck and sand bottom & is a 768 acre lake with its deepest point being 122 feet. Channel front living offers serreal privacy, as does the quiet culdesac. This exceptional home offers the perfect balance of spacious comfort, luxury, and outdoor adventure. With 60 feet of sandy-bottom channel frontage, there’s more than enough room for all your watercraft and lake toys. Pier can stay in water year round. Tippecanoe Lake’s vibrant water sports scene invites you to enjoy boating, skiing, tubing, and fishing for a variety of species. Step inside and experience the tranquility of lakeside living.The main floor offers two spacious bedrooms and a full bathroom, providing comfortable accommodations for guests or family. Upstairs, the primary suite is a true sanctuary, featuring vaulted ceilings, floor-to-ceiling windows, and a private deck overlooking the lake. The luxurious en-suite includes dual vanities, a jetted tub, and a stand alone shower. Two additional bedrooms and a third full bathroom ensure plenty of space for everyone, while the convenient upstairs laundry room eliminates the hassle of carrying loads up and down stairs. The dining room features vaulted ceilings and serene channel views, while the chef’s kitchen is equipped with high-end appliances, abundant cabinetry, a reverse osmosis system, and a breakfast bar—ideal for entertaining. The open-concept design creates a seamless flow, and the living room’s cozy fireplace provides warmth during cooler months. Outdoor living is just as spectacular! Step out to the stamped concrete patio complete with a Tiki bar, perfect for crafting cocktails and creating unforgettable memories. Unwind in the hot tub or take in breathtaking sunsets from the deck. Ample off-street parking makes hosting guests very convenient. For storage and versatility, the heated garage offers plenty of space for boats, fishing gear, and even a workbench. A loft above the garage adds flexibility as a guest bunkhouse, man cave, or extra storage. Outside, new vinyl fencing enhances privacy while complementing the meticulously landscaped yard. This home has seen numerous recent updates, include new A/C & Furnace, new countertops, multiple windows, and kitchen and bathroom renovations. With an abundance of indoor and outdoor amenities, this waterfront paradise is a rare find. Don’t miss your chance to experience the best of lakeside living!

Listing courtesy of IRMLS

Last checked: Checking… • Last updated Feb 16, 2025 •

MLS# 202504545 —

The Building

Year Built:

1963
New Construction:

No
Style:

Two Story
Exterior:

Vinyl
Amenities:

Balcony, Breakfast Bar, Ceiling Fan(s), Deck Covered, Deck Open, Deck on Waterfront, Disposal, Dryer Hook Up Electric, Firepit, Jet Tub, Open Floor Plan, Garage-Heated
Basement:

No
Basement/Foundation:

Crawl
Total SqFt:

2134
Total Finished SqFt:

2134
Above Grade Finished SqFt:

2134

Interior

Kitchen Level:

Main
Dining Room Level:

Main
Living/Great Room Level:

Main
Fireplace:

Living/Great Rm, Gas Log
Fireplace:

Yes
# of Fireplaces:

1
Laundry Level:

Upper

Room Dimensions

Kitchen Length:

11
Kitchen Width:

11
Dining Rm Length:

19
Dining Room Width:

10
Living/Great Room Width:

11
Living/Great Room Length:

18
1st Bedroom Length:

13
1st Bedroom Width:

12
2nd Bedroom Length:

12
2nd Bedroom Width:

10
3rd Bedroom Width:

12
3rd Bedroom Length:

12
4th Bedroom Length:

11
4th Bedroom Width:

9
5th Bedroom Length:

17
5th Bedroom Width:

17

Location

Directions to Property:

Head southeast on 500 N/Armstrong Road toward N 450 E, turn left onto N 450 E, turn right onto EMS T15 Lane and home is located near end of culdesac on left.
Latitude:

41.314139
Longitude:

-85.753072

The Property

Parcel# ID:

43-08-18-200-229.000-023
Property Subtype:

Site-Built Home
Lot Number:

26
Lot Dimensions:

60X125
Lot Description:

Level, Lake, Waterfront-Level Bank
Approx Lot Size SqFt:

7500
Approx Lot Size Acres:

0.17
Waterfront:

Yes
Water Features:

Pier/Dock
Water Type:

Lake
Water Access:

Channel Front/Canal
Water Frontage:

60
Channel/Canal Frontage:

60
Water Name:

Tippecanoe Lake
Lake Type:

Ski Lake

Listing Agent

Contact info:

Taxes

Annual Taxes:

2730

Beds

Total # Bedrooms:

5
1st Bedroom Level:

Main
2nd Bedroom Level:

Main
3rd Bedroom Level:

Upper
4th Bdrm Level:

Upper
5th Bdrm Level:

Upper

Baths

Total Baths:

3
Total Full Baths:

3
# of Full Baths Main:

1
# of Full Baths Upper:

2

The Listing

Unbranded Virtual Tour:

https://www.propertypanorama.com/instaview/irmls/202504545

Heating & Cooling

Heating Fuel:

Gas, Forced Air
Cooling:

Central Air

Utilities

Water Utility:

Well
Well Type:

Private
Sewer:

Septic

Schools

Elementary:

Milford
Middle School:

Wawasee
High School:

Wawasee
School District:

Wawasee

The Community

Subdivision:

Neibert Park
Pool:

No
Association Dues Frequency:

Not Applicable

Parking

Garage:

Yes
Garage Type:

Detached
Garage Length:

32
Garage SqFt:

576
Garage Width:

18
Garage/# of Cars:

2
Off Street Parking:

Yes

Monthly cost estimate

Asking price

$675,000

Expense	Monthly cost
Mortgage	$3,614
Taxes	$625
Insurance	$185
Utilities	N/A
Total	$4,424/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
2/13/25 Feb 13, 2025	Listed / Active	IRMLS	$675,000

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This house located in IN 46538 is currently for sale for $675,000. 126 Ems T15 is a – square foot house with 5 beds and 3 baths that has been on Estately for 8 days. This house is in the attendance area of Wawasee High School.

Listing Courtesy of: IRMLS and .

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