Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker 1st Choice

Property view
Listing view 2
Listing view 3

244 Ems T5 Lane, 
Leesburg, IN 46538

$3,999,000


7

Beds


7

Baths


9,055

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Angela Racolta, Cell: 317-750-1600

Danyelle Hubbs

Encore Sotheby'S International Realty

Last updated:

September 15, 2026, 03:38 PM

MLS#

202633353

Source:

Indiana Regional MLS

About This Home

244 Ems T5 Lane

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.

Home Facts

Single Family

7 Baths

7 Bedrooms

Built in 2021

Subdivision & Development:

Mead Park

Price Summary

3,999,000

$441 per Sq. Ft.

MLS #:

202633353

Last Updated:

September 15, 2026, 03:38 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

5

Interior

Living Area:

9,055 Sq. Ft.


Structure

Structure

Architectural Style:

Two Story

Building Area:

9,932 Sq. Ft.

Year Built:

2021


Lot

Lot Size (Sq. Ft):

41,000


Finances & Disclosures

Finances

Price:

$3,999,000

Price per Sq. Ft:

$441 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.