Listing courtesy of Coldwell Banker Real Estate Group · Listing agent: Deb Paton Showley · Cell: 574-527-6022

ActiveSite-Built Home

5645 N 450 East Road

$799,000

$333.19 / sq ft

Est. $4,951/mo

Leesburg, IN 46538

Original price $899,000 · Price reduced on September 17, 2026

  • On Tippecanoe Lake
  • 6.6 acres
  • 2.5-car garage
  • Fireplace
  • Basement
Bedrooms
4
Bathrooms
3
Living area
4,492 sq ft
Lot
6.63 ac
Year built
2015
Type
Site-Built Home
Listed
July 28, 2026
MLS #
202630390

About this home

Experience luxury, privacy, and lake-country living in this exceptional ranch, ideally situated on 6.63 rolling, wooded acres with access to beautiful Lake Tippecanoe. Built in 2015 and offering approximately 4,796 finished square feet, this impressive property combines spacious living, quality craftsmanship, and a peaceful setting. At the heart of the home is an expansive kitchen offering the space, storage, and functionality expected in a luxury property. Extensive custom cabinetry showcases timeless craftsmanship while providing abundant room for cookware and serving pieces. Generous solid-surface countertops create ample preparation and serving space, while the oversized center island gives guests a natural place to gather. Double ovens and a large walk-in pantry complete this well-appointed kitchen. Its open connection to the living areas allows the cook to remain part of the conversation and makes the space equally suited for casual meals and large-scale entertaining. The spacious great room features vaulted, beamed ceilings and one of two gas-log fireplaces, creating an inviting focal point. A formal dining room provides an elegant setting for meals and special occasions. The main-level primary suite, additional bedrooms, laundry room, and expansive foyer offer comfort and convenience, while thoughtful architectural details continue throughout the home. The finished walkout lower level adds exceptional flexibility with a large family room, second gas-log fireplace, bar area, fourth bedroom, generous storage room, and an expansive open area. This level can accommodate recreation, a home theater, fitness equipment, hobbies, game tables, or additional entertaining space. Outside, covered and open deck areas overlook mature landscaping and quiet wooded surroundings. The rolling acreage offers privacy, natural beauty, and room to enjoy the outdoors. A heated two-car attached garage adds year-round convenience. The separate 1,176-square-foot pole building provides additional space for boats, vehicles etc, and includes its own living quarters. This distinctive property brings together expansive living space, custom craftsmanship, peaceful acreage, versatile outbuilding, and desirable Lake Tippecanoe access. Located within the Wawasee Community School District, it offers a rare opportunity to enjoy refined country living while remaining connected to one of northern Indiana's most sought-after lakes.

Monthly payment estimate

$4,951/mo

Principal & interest
$4,373
Property taxes
$345
Homeowners insurance
$233
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 and One Half
Total rooms
16
Total area
4,792 sq ft
Finished area above grade
2,398 sq ft
Finished area below grade
2,094 sq ft
Unfinished area below grade
300 sq ft
Below grade total
2,394 sq ft
Bedrooms above grade
3
Bedrooms below grade
1
Full baths, main level
2
Full baths, below grade
1
Basement
Full, Walk-Out Basement, Finished
Flooring
Hardwood, Carpet, Tile, Vinyl
Heating
Natural Gas, Forced Air, Wall Heater
Cooling
Central Air
Fireplaces
2
Fireplace features
Family Room, Living/Great Rm, Gas Log, Two, Vented
Appliances
Disposal
Laundry
Electric Dryer Hookup, Main Level
Interior features
1st Bdrm En Suite, Storage, Bar, Built-in Features, High Ceilings, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Countertops-Solid Surf, Countertops-Stone, Crown Molding, Entrance Foyer, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Range/Oven Hook Up Elec, Double Vanity, Utility Sink, Stand Up Shower, Tub and Separate Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Garage-Heated, Great Room, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry

Exterior & parking

Style
Ranch
Construction
Stone, Vinyl Siding
Roof
Asphalt, Shingle
Foundation
Poured Concrete
Garage spaces
2.5
Attached garage
Yes
Garage type
Attached
Garage sq ft
552 sq ft
Parking
Garage Door Opener, Concrete, Gravel
Private pool
No
Other structures
Outbuilding
New construction
No

Waterfront & lake

Waterfront
No
Body of water
Tippecanoe Lake
Waterfront features
Walk to Lake Access, Deeded
Water access
Easement/Other
Lake type
Ski Lake
Water frontage
8 ft
Water feature
Lake

Lot

Lot features
Landscaped, Rolling Lot, 6-9.999, Wooded
Lot size (acres)
6.63 ac
Lot dimensions
677X450
Location type
Lake,Rural
County
Kosciusko County
Township
Tippecanoe
Road frontage
County Road
Road surface
Asphalt
Platted
Yes
Planned unit development
No
Directions
Turn off E 500 N onto 450 E, home is on the left.

Schools

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

Taxes & terms

Annual taxes
$4,138
Tax year
2026
Listing terms
Cash, Conventional
Possession
at closing
Parcel number
43-08-18-400-381.000-023

Included in the sale

Included in sale
Dishwasher,Microwave,Refrigerator,Washer,Dryer-Electric,Oven-Built-In,Oven-Electric,Range-Electric,Water Heater Gas,Water Softener-Owned

Utilities

Water
Well
Well
Private
Sewer
Septic Tank
Electric provider
NIPSCO
Gas provider
NIPSCO

Income & commercial

Gas meters
13

Location

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