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$830,000

Listing Price

3beds

2baths

2,279sqft

15,040sqft lot

225 Ems B40a Ln, Leesburg, IN 46538

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Off Market

Single Family

Home type

315.52

Price / sqft

1968

Year built

Home Details

Start Showing Date:10/20/2026-COMING SOON on Irish Lake! An exceptional lakefront offering with approximately 82 feet of frontage and a wonderfully level setting from the road to the water-no stairs required to enjoy lake life here. The current owner does not pay flood insurance, adding another benefit to this easy-to-enjoy lake property.This sprawling, one-level ranch is in the final stages of an exciting interior transformation, blending mid-century modern style with whimsical, playful touches that give the home a personality all its own. A brand-new kitchen features quartz countertops, new appliances and fresh finishes, complemented by luxury vinyl plank flooring, unique lighting fixtures and thoughtfully selected colors and details throughout. The interior fireplace is being refinished with marble hearth, custom reclaimed ash mantle and Mid Century Slat wood to finish off the focal point of the living room. The laundry room has recently been updated and continues with the theme of Mid Century/Whimsical and Fun Accents, and all the appliances will remain with the property. Everything is planned to be completed and ready for the next owner to simply move in and enjoy. Multiple rooms capture beautiful lake views, while the comfortable, easy-flowing floor plan is equally suited for year-round living or weekends at the lake. Step outside and the entertaining continues with great outdoor gathering spaces overlooking the water and a level lot that makes getting to the shoreline

Interior Details

Square Feet
  • 2279

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 15040

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$2,191

$231,400

$173,900

--%

$405,300

2019

$2,191

$222,200

$167,900

--%

$390,100

2018

$1,901

$212,100

$160,400

--%

$372,500

2017

$1,885

$212,100

$151,100

--%

$363,200

2016

$2,955

$212,100

$140,600

--%

$352,700

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Average Home Price in 46538

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$830,000

3 Beds

2 Baths

2,279 Sqft

15,040 Lot (sqft)

Sold 09/29/2026

$465,000

4 Beds

3 Baths

2,048 Sqft

17,344 Lot (sqft)

Sold 09/29/2026

$666,325

3 Beds

2 Baths

2,452 Sqft

6,350 Lot (sqft)

Sold 10/06/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
830,000
$
Down payment
166,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
4,980
$
HOA (Monthly)
0
$
PMI
0
$
$5,373
Your Payment
Total Monthly Payment:$5,373
Percent of Income:92%
Affordable:No

Details for 225 EMS B40A LN

Property Debt

Foreclosure Contact Details