Listing courtesy of ERA Crossroads · Listing agent: Toni Derry

Virtual tour
ActiveSite-Built Home

24 Ems B40 Lane

$245,000

$392.63 / sq ft

Est. $1,532/mo

Leesburg, IN 46538Swartz & Holes

  • On Sawmill Lake
Bedrooms
2
Bathrooms
1
Living area
624 sq ft
Lot
0.16 ac
Year built
1940
Type
Site-Built Home
Listed
August 7, 2026
MLS #
202632282

About this home

Your perfect little lake getaway awaits! Tucked away on beautiful Sawmill Lake in the desirable Barbee Chain of Lakes, this charming seasonal bungalow is the perfect place to relax, unwind, and enjoy all that lake life has to offer. Sit back on the deck and take in peaceful views of the lake and the bay area leading to Grassy Creek. Hop in the boat and enjoy a scenic cruise through Grassy Creek, which connects you directly to beautiful Tippecanoe Lake and opens the door to even more boating adventures! Inside, you’ll find two bedrooms, a full bath, a comfortable living room, kitchen, and inviting enclosed porch—perfect for morning coffee, evening cocktails, or simply soaking up the view. Baseboard heat in one bedroom keeps things cozy on those cool evenings. Refrigerator, microwave and gas grill remain. Whether you’re looking for a weekend escape, a place to make summer memories, or your own little slice of lake life, this one is ready for you! And to make things a little easier, the pontoon is negotiable too!

Monthly payment estimate

$1,532/mo

Principal & interest
$1,341
Property taxes
$119
Homeowners insurance
$72
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One
Total rooms
5
Total area
624 sq ft
Finished area above grade
624 sq ft
Main level
624 sq ft
Bedrooms above grade
2
Full baths, main level
1
Basement
Crawl Space
Heating
Baseboard
Cooling
Window Unit(s)

Exterior & parking

Construction
Vinyl Siding
Private pool
No
New construction
No

Waterfront & lake

Waterfront
Yes
Body of water
Sawmill Lake
Waterfront features
Pier/Dock
Water access
Lakefront
Lake type
Non Ski Lake
Water frontage
40 ft
Water feature
Lake

Lot

Subdivision
Swartz & Holes
Lot features
Waterfront
Lot size (acres)
0.16 ac
Lot dimensions
40X173
Inside city limits
No
County
Kosciusko County
Township
Tippecanoe
Road frontage
County Road
Lots
3
Platted
Yes
Planned unit development
No
Directions
450 to EMS B40, third property on the left, no driveway, pull up into the grassy area.

Schools

Elementary school
North Webster
Middle school
Wawasee
High school
Wawasee
School district
Wawasee

HOA & community

HOA fee
$0
Association restrictions
No

Taxes & terms

Annual taxes
$1,428
Tax year
2026
Assessed value
$160,300
Listing terms
Cash
Possession
DOC
Parcel number
43-08-20-100-091.000-023

Included in the sale

Included in sale
Microwave,Refrigerator

Utilities

Water
Well
Well
Private
Sewer
Regional

Location

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