244 Ems T5 Lane
Leesburg, IN, 46538 $ 3,999,000
Bedrooms7 Baths5.2 Sq 9,055 Monthly Estimate*
$ 25,250
for $3,999,000 with 7 bedrooms and 5 full baths, 2 half baths. This 9,055 square foot home was built in 2021 on a lot size of 0.94.
An extraordinary Little Tippy Lake estate, custom built in 2021 and designed to make the most of life at the lake. Set on .94 acres along a private road with over 100 feet of lake frontage, this remarkable home offers more than 9,000 finished square feet across three levels, exceptional outdoor living and incredible spaces for entertaining. The main level makes an immediate impression with soaring ceilings, exposed wood beams, expansive windows and beautiful lake views. The open great room flows into a stunning kitchen with quartz countertops, oversized island, custom cabinetry, Caf appliances, professional gas range and dual sinks. The private primary suite enjoys lake views, a spa-inspired bath, oversized walk-in shower and generous walk-in closet. Two additional bedrooms share a Jack-and-Jill bath. Upstairs are two additional bedrooms with a Jack-and-Jill bath, laundry, loft/game space and an impressive bonus room featuring four twin sized sleeping nooks and a full bathperfect for hosting a houseful at the lake. The walkout lower level takes entertaining to another level with a second full kitchen, prep kitchen, wet bar, recreation and gathering spaces, plus an additional room currently used as a bedroom. Highlights include a built-in Miele coffee system, multiple beverage refrigerators, ice maker and a pass-through window connecting the bar directly to the outdoor kitchen. Outside is just as impressive. The expansive covered lakeside patio features motorized screens, infrared heaters, outdoor kitchen, dining and gathering areas, gas fireplace, hot tub, private sauna, ice plunge, and outdoor shower. Take the double staircaseor the built-in spiral slideto the spacious, level lakefront lawn. A lakeside garage provides convenient storage for water toys and equipment. Additional amenities include four single-bay garage doors, three laundry areas, whole-home Sonos, smart-home wiring, generator, Tesla EV charging, tankless water heater, reverse osmosis system and two private wells. Beautifully designed, exceptionally appointed and created for unforgettable days on Little Tippy Lake.
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FeaturesGeneralSewer Regional
Heating Gas Forced Air
Kitchen Level Main
Cooling Central Air
Laundry Y/N Main
Fireplaces Yes
Water Access Type Lakefront
Garage Attached
Amenities Hot Tub/Spa Alarm System-Security Balcony Bar Breakfast Bar Built-In Speaker System Built-in Desk Ceiling-9+ Ceiling Fan(s) Ceilings-Beamed Ceilings-Vaulted Closet(s) Walk-in Countertops-Solid Surf C
Status Active Active
Full Baths 5
Half Baths 2
Bathrooms 7
Year Built 2021
New Construction No
Subdivision Mead Park
Style Two Story
Township Tippecanoe
Class RESIDENTIAL
Type Site-Built Home
Age 5
REO No
Status Detail 0
Dining Room Level Main
Area Kosciusko County
Location Lake
High School Wawasee
City Leesburg
School District Wawasee
HOA Fees $ 1000
Total Sq Ft 9932
Elementary School North Webster
Middle School Wawasee
Legal Description 5-63-1 LOT 1 MEAD PARK SEC A REVISED REVISION OF TRCT 1 2 & 3 SEC A & PT INT TO PRIVATE ROAD 005-063-011 Ol 1 Mead Park Sec A Revised Revision Of Trct 1 2 & 3 Sec A & pt int to private road
Virtual Tour https://unbranded.visithome.ai/db2CkQrFAdrv5zSA3U46AW?mu=ft
Agent First Name Angela
Agent Last Name Racolta
DOM 4
Tax Year 2026
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ExteriorRoad Surface Asphalt
Road Access Private
Exterior Shingle Vinyl
Water Frontage 120
Driveway Concrete
Pool No
Waterfront Lake
Garage Length 64
Garage Width 28
Lot Size Area 41000
Lot Dimensions 100X410
Lot Description Waterfront 0-2.9999 Lake Water View
Water Features Pier/Dock
Garage Capacity 4
Lake Ski Lake
Waterfront Y/N Yes
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InteriorBasement Daylight Full Basement Walk-Out Basement
Fireplace(s) 1
Flooring Carpet Laminate Tile
HVAC Ceiling Fan
Beds 7
Total Rooms 18
Dining Room Length 27
Dining Room Width 11
Breakfast Room Length 26
Breakfast Room Width 9
Fireplace Living/Great Rm Gas Starter
Family Room Width 16
Living Room Width 16
Other Room 1 Description Family Room
Other Room 2 Description Above Garage Bedroom
Family Room Length 30
Living Room Length 32
Full Baths Main 2
Full Baths Upper 2
Above Grade Bedrooms 6
Below Grade Baths 2
Below Grade Bedrooms 1
Full Baths Below Grade 1
Half Baths Below Grade 1
Half Baths Main 1
Half Baths Upper 0
1st Bedroom Level Main
1st Bedroom Width 16
2nd Bedroom Length 15
2nd Bedroom Level Main
2nd Bedroom Width 10
3rd Bedroom Length 16
3rd Bedroom Level Main
3rd Bedroom Width 10
4th Bedroom Length 14
4th Bedroom Level Upper
4th Bedroom Width 14
5th Bedroom Length 13
5th Bedroom Level Upper
5th Bedroom Width 14
Extra Room Description Lower Kitchen
Extra Room Length 13
Extra Room Level Lower
Extra Room Width 33
Rec Room Length 25
Rec Room Level Lower
Rec Room Width 16
Basement Material Poured Concrete
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* Excluded FeaturesList ByAngela RacoltaListing Agent
Encore Sotheby's International RealtyBroker
angie.racolta@thergroupteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $25,250
- Monthly Property Taxes
- $2,080
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Leesburg, IN
Average List Price $565,082
Percent of Sale Price 86%
About Leesburg, IN 425 Population
-8% Since 2002
$ 61,700 Median Income
45.76 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
1236586 Elementary School
1235686 Middle School
Wawasee High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/15/2026 | $3,999,000 | | Listed Price |