About This Home

This 7-bedroom, 7-bathroom single family at 244 Ems T5 Lane in Leesburg, IN is listed for $3,999,000 ($442 per sqft). Built in 2021, the home offers 9,055 sqft of living space on a 0.94 acres lot.

Key Features

  • Built in 2021
  • 0.94 acre lot
  • 2 stories
  • Fireplace
  • Waterfront

Property Details

2 stories
5 full, 2 half
4-car garage
2021

Amenities

EV ChargerFireplaceWaterfrontA/C
Listing Description

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 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, Cafe 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 bath-perfect 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 staircase-or the built-in spiral slide-to 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. Approximately one hour from both the University of Notre Dame and Fort Wayne, adding convenient access to two of Northern Indiana's key destinations while enjoying the privacy and lifestyle of Lake Tippecanoe.

Monthly Cost Estimate

$22,387/mo

20% down · 6.5% · 30 years

Principal$2,892
Interest$17,329
Insurance$1,166
HOA$1,000

Estimates only. Actual payments may vary.

Location

244 Ems T5 Lane

Leesburg, IN 46538

Mead Park

Property Details

Flooring

CarpetTileLaminate

Cooling

Central Air

Questions & Answers

This 7-bedroom, 7-bathroom single family at 244 Ems T5 Lane is listed at $3,999,000 ($442/sqft). The estimated monthly payment is $22,387 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1000/month.

Key features include: Built in 2021, 0.94 acre lot, 2 stories, Fireplace, Waterfront.

This property is listed by Angela Racolta.

AR

Angela Racolta

Agent at Encore Sotheby's International Realty

Listed by Encore Sotheby's International Realty · Broker phone: 2608541212 · Broker website

MLS# 202633353· Source: Kosciusko Board of Realtors MLS· 77 days on PropertySimple

Copyright © 2026 Kosciusko Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

244 Ems T5 Lane, Leesburg, IN 46538

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