Listing courtesy of Encore Sotheby's International Realty · Listing agent: Angela Racolta · Cell: 317-750-1600
244 Ems T5 Lane
Leesburg, IN 46538Mead Park
- On James Lake (Little Tippy)
- 4-car garage
- Fireplace
- Basement
- Bedrooms
- 7
- Bathrooms
- 6
- Living area
- 9,055 sq ft
- Lot
- 0.94 ac
- Year built
- 2021
- Type
- Site-Built Home
- Listed
- August 15, 2026
- MLS #
- 202633353
About this home
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, Café 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 payment estimate
$25,218/mo
- Principal & interest
- $21,889
- Property taxes
- $2,080
- Homeowners insurance
- $1,166
- HOA dues
- $83
- 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.
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Property details
Interior
- Levels
- Two
- Total rooms
- 18
- Total area
- 9,932 sq ft
- Finished area above grade
- 6,127 sq ft
- Finished area below grade
- 2,928 sq ft
- Unfinished area below grade
- 877 sq ft
- Below grade total
- 3,805 sq ft
- Bedrooms above grade
- 6
- Bedrooms below grade
- 1
- Full baths, main level
- 2
- Full baths, upper level
- 2
- Full baths, below grade
- 1
- Half baths, main level
- 1
- Half baths, below grade
- 1
- Basement
- Sump Pump, Daylight, Full, Walk-Out Basement
- Flooring
- Carpet, Laminate, Tile
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- HVAC
- Ceiling Fan
- Fireplaces
- 1
- Fireplace features
- Fire Pit, Living/Great Rm, Gas Starter
- Appliances
- Disposal
- Laundry
- Main Level
- Interior features
- Hot Tub/Spa, Alarm System-Security, Balcony, Bar, Breakfast Bar, Built-In Speaker System, Built-in Features, High Ceilings, Ceiling Fan(s), Ceilings-Beamed, Vaulted Ceiling(s), Walk-In Closet(s), Countertops-Solid Surf, Court-Basketball, Deck on Waterfront, Detector-Smoke, Eat-in Kitchen, Entrance Foyer, Generator-Whole House, Kitchen Island, Open Floorplan, Pantry, Pocket Doors, Split Br Floor Plan, Utility Sink, Wet Bar, RV Parking, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Garage-Heated, Great Room, Main Floor Laundry, Custom Cabinetry
Exterior & parking
- Construction
- Shingle Siding, Vinyl Siding
- Roof
- Shingle
- Foundation
- Poured Concrete
- Garage spaces
- 4
- Attached garage
- Yes
- Garage type
- Attached
- Garage sq ft
- 1,792 sq ft
- Parking
- Garage Door Opener, Concrete
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- Yes
- Body of water
- James Lake (Little Tippy)
- Waterfront features
- Pier/Dock
- Water access
- Lakefront
- Lake type
- Ski Lake
- Water frontage
- 120 ft
- Sea wall
- Rip Rap
- Water feature
- Lake
Lot
- Subdivision
- Mead Park
- Lot features
- Landscaped, Waterfront, 0-2.9999, Lake on Lot, Water View
- Lot size (acres)
- 0.94 ac
- Lot dimensions
- 100X410
- Location type
- Lake
- County
- Kosciusko County
- Township
- Tippecanoe
- Road frontage
- Private Road
- Road surface
- Asphalt
- Lots
- 1
- Platted
- Yes
- Planned unit development
- No
- Directions
- GPS 244 EMS T5 Lane
Schools
- Elementary school
- North Webster
- Middle school
- Wawasee
- High school
- Wawasee
- School district
- Wawasee
HOA & community
- HOA fee
- $1,000
- HOA fee frequency
- Annually
- Association restrictions
- Yes
Taxes & terms
- Annual taxes
- $24,960
- Tax year
- 2026
- Listing terms
- Cash, Conventional
- Possession
- At Closing
- Parcel number
- 43-08-16-300-093.000-023
Included in the sale
- Included in sale
- Dishwasher,Microwave,Refrigerator,Washer,Window Treatments,Built-In Gas Grill,Dryer-Electric,Freezer,Ice Maker,Oven-Built-In,Oven-Gas,Range-Gas,Sump Pump,Water Filtration System,Water Heater Tankless,Water Softener-Owned,Sauna,Basketball Goal
Utilities
- Water
- Well
- Well
- Private
- Sewer
- Regional
Income & commercial
- Gas meters
- 14
Location
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