Zip Code
3974 E Lakeview Trl, Leesburg, IN 46538
4 beds · 2 baths · 1,992 sq ft · Lot: 21,318 sq ft · Single Family Home · Built: 1989
Est. Value:
$276K
Est. Rent:
$2.5K/month

3974 E Lakeview Trl Leesburg, IN 46538

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4 beds · 2 baths · 1,992 sq ft · Lot Size: 21,318 sq ft · Single Family Home
Est. Property Value: $275,563

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3974 E Lakeview Trl is in the 46538 neighborhood of Leesburg, IN. It is located in Kosciusko County and ZIP code 46538. This Single Family Home was built in 1989 and is approximately 36 years old. The single family home spans 1992 sq ft with 4 bedrooms and 2 bathrooms and sits on a 21318 sq ft lot. According to public records, it has a tax-assessed value of $286,100, which is $138 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 3974 E Lakeview Trl Leesburg, IN 46538 with Property Intel by Whitepages.

Investment Potential for 3974 E Lakeview Trl

The property has a current estimated value of $275,563, which is 36% below the zip median. Projected long-term rental income is $30,000 annually ($2,500 per month) with a 64% occupancy rate.

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Long-Term

Gross Rental
$30,000 per year($2,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
64%in 46538 zip code
 
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Owners & Occupancy for 3974 E Lakeview Trl

This property is owned by Thomas E Flees. Owner contact information includes 7 phone numbers and 5 email addresses.

Property Owners

Cell Phone(260) ***-****View Cell Phone
Residence************
Landline(574) 453-5336
Distance from Property**********
Email Address********@embarqmail.comView Email
Residence************
Landline(765) 221-7594
Distance from Property**********
Email Address*************@aol.comView Email

Property Ownership Information

Property Tax Amount$1,438 in 2023

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 78
Resident 2************** age 52

Property Details for 3974 E Lakeview Trl

Property Details

Property Sq Ft

Living Area

1,992 sq ft

25% below market

Lot Size

21,318 sq ft

29% above market

Price Per Sq Ft

Living Area

$138 / sq ft

30% below market

Lot Size Area

$13 / sq ft

47% below market

Property condition, age, exterior, etc. for 3974 E Lak…
Longitude: -85.766685 Latitude: 41.323615 Parcel Number (APN): 43-08-07-300-445.000-023…
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Market Benchmarks

Compare data for 3974 E Lakeview Trl in Kosciusko County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$275,563
$307,814
-$32,251 (-10%)
$430,225
-$11,842 (-3%)
YoY Price Change
1.99%
1255%
Year Built
1989
1988
1 year
Living Space
1,992 sq ft
2,408 sq ft
-416 (-17%)
$ Per Living Sq Ft
$138
$133
$5 (4%)
Lot Size
21,318 sq ft
15,450 sq ft
5868 (38%)
$ Per Lot Sq Ft
$13
$25
-$13 (-49%)

Net Operating Income
$23,840
-$1,307 (-5%)
Annual Revenue
$30,000
$32,400
-$2,400 (-7%)
$8,306
-$839 (-10%)
Net Operating Income
$23,840
-$1,307 (-5%)
Cap Rate
7.04%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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