3 Beds • 3 Baths · 3,543 Sq. Ft.
99 & 102 Ems B40a Lane
Leesburg, IN 46538-9432
Brian Peterson Real Estate
94 EMS T29 Lane
Leesburg, IN
$881,000
Leesburg, IN 46538
MLS# IRM202633038
Listed 33 days ago
This very unique island channel-front property sits just off of Lake Oswego with direct access to Lake Tippecanoe, one of Indiana's premier all-sports lakes. The channel access is private, with low boat traffic and a no-wake zone, offering a calmer alternative to the open lake while still connecting straight out to Tippecanoe. The lot offers an exceptional 665+ feet of water frontage with wonderful views, including an additional buildable lot on the point included, giving the next owner the option to add on, build another home (guest house), or enjoy the large green space. A large, private docking area provides direct boat access to the channel and out to the lake. The home offers 2,136 square feet with 3 bedrooms and 2 full bathrooms. The kitchen has been fully updated with custom cabinetry and stainless-steel appliances. A large living area anchors the main living space, with a sunroom adding year-round space with water views. Both a covered front porch and covered back porch extend the livable footprint outdoors. The property has been newly connected to municipal sewer, replacing prior septic service. The home also has a new roof, a gas furnace, and a new AC system. The driveway has been recently resealed. The major maintenance points have all been taken care of. Seller will consider additionally selling the furnishings, making it move-in ready allowing the new owner time to immediately enjoy the lake life!
Estimate principal and interest for this listing.
$176,200
Estimated monthly payment
$4,455/mo
Estimate only — not MLS listing data. Does not include taxes, insurance, or other costs. Rates change daily.
Listed by Burke Realty. Contact 765-808-0832.
3 Beds • 3 Baths · 3,543 Sq. Ft.
99 & 102 Ems B40a Lane
Leesburg, IN 46538-9432
Brian Peterson Real Estate


Listings displayed by Mark Dietel Realty
Based on information submitted to the MLS GRID as of September 24, 2026 at 10:01 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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MIBOR Broker Listing Cooperative® Disclaimer
© 2026 MIBOR REALTOR® Association
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service.
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.
Based on information submitted to the Broker Listing Cooperative listing service as of September 24, 2026 at 10:01 PM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the MLS GRID as of September 24, 2026 at 10:01 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Listings displayed by Mark Dietel Realty
Based on information submitted to the MLS GRID as of September 24, 2026 at 10:01 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IRMLS is the source of this listing information as distributed by MLS GRID.
The compilations of listings and each individual listing are © 2026 MLS GRID. All rights reserved. The listing content is owned by the MLS GRID and is protected by federal copyright law.
IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by IRMLS as amended from time to time.
Some IDX listings have been excluded from this website.
Please report suspected listing-data inaccuracies to Mark Dietel Realty. Contact us or call (317) 426-9911.
Copyright complaints: DMCA notice.
MIBOR Broker Listing Cooperative® Disclaimer
© 2026 MIBOR REALTOR® Association
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service.
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.
Based on information submitted to the Broker Listing Cooperative listing service as of September 24, 2026 at 10:01 PM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the MLS GRID as of September 24, 2026 at 10:01 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.