Ideally situated in the quiet corridor between North Webster and Warsaw, this 5-acre parcel offers a rare combination of infrastructure and flexibility. Skip the high costs and long wait times for utility installation; this property comes fully equipped with an existing well, septic system, and electricity. Choose Your Path: Build Now: The current mobile home can be removed prior to closing weather permitting, providing you with a clean, utility-ready site to break ground on your dream home immediately. Generate Income: Alternatively, keep the current occupant as a tenant while you finalize your blueprints. Let the property pay for itself while you plan your future estate! Located minutes from the Barbee Chain of Lakes, Tippecanoe Lake, and the amenities of Warsaw, this is the perfect canvas for your custom home, hobby farm, or pole barn retreat.
Active
$110,000
3942 E Armstrong Rd, Leesburg, IN 46538
--beds
--baths
5Acres
Residential Land
Built in ----
5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Existing well
- 16 days |
- 1,301 |
- 63 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 25, 2026 at 02:54pm
Listed by:
Jim Layne Cell:574-529-1598,
Encore Sotheby's International Realty,
Jenny Layne,
Encore Sotheby's International Realty
Source: IRMLS,MLS#: 202609918
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 5 Acres
- Features: Level
Details
- Parcel number: 430713100044.000016
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Leesburg
Financial & listing details
- Tax assessed value: $50,000
- Annual tax amount: $578
- Date on market: 3/25/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,294/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Listed for sale | $110,000 |
Source:  IRMLS #202609918 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $592 +1.5% | $50,000 |
| 2023 | $584 -1.5% | $50,000 |
| 2022 | $593 +11% | $50,000 |
| 2021 | $534 +3.3% | $50,000 +13.6% |
| 2020 | $517 -51.8% | $44,000 |
| 2019 | $1,072 +111% | $44,000 |
| 2018 | $508 -51.3% | $44,000 |
| 2017 | $1,044 +112.3% | $44,000 +7.3% |
| 2016 | $492 +51.1% | $41,000 +40.9% |
| 2014 | $325 -2.9% | $29,100 -1.4% |
| 2013 | $335 -2.2% | $29,500 |
| 2012 | $343 -21.5% | $29,500 -28.7% |
| 2011 | $437 -3.8% | $41,400 |
| 2010 | $454 +0.1% | $41,400 |
| 2009 | $454 +7.7% | $41,400 +1% |
| 2007 | $421 | $41,000 +3.8% |
| 2006 | -- | $39,500 +71.7% |
| 2005 | -- | $23,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 46538
Nearby schools
GreatSchools rating
- 6/10Leesburg Elementary SchoolGrades: PK-6Distance: 3.9 mi
- 8/10Lakeview Middle SchoolGrades: 7-8Distance: 7 mi
- 9/10Warsaw Community High SchoolGrades: 9-12Distance: 8.1 mi
Schools provided by the listing agent
- Elementary: Leesburg
- Middle: Lakeview
- High: Warsaw
- District: Warsaw Community
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 46538
- Indiana
- Kosciusko County
- Leesburg
- 46538
- 3942 E Armstrong Rd
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Nearby zip codes
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