Enjoy the peaceful and relaxing sounds of the flowing water at this beautiful setting by the Tippy dam. Over 3/4 of an acre with approx. 425' of waterfrontage (150' providing full access to Tippy). Unique opportunity offering a variety of uses. 3 separate cottages along the waterside with direct access and views. Spacious and level side lot with shade trees is ideal for camping and bonfires along with the perfect location for dropping in the canoes and kayaks for that river journey. Great fishing and swimming out your front door. Plenty of docking space for all your water toys. .. with just a short and scenic cruise to the main lake. Make this a fun summertime compound or rental income producer. Plenty of parking space with room for a motor home or camper.
Great potential and seasonal rental history here on these quaint, rustic cabins/cottages on Tippecanoe River. Located by the dam, they offer pier spaces to boat on Lake Tippecanoe - or grab a kayak and float down Tippecanoe River - exploring nature's offerings as you go. The cottages are seasonal rentals and have a strong history of renting each season. There is a 3 bedroom, 1 bath cottage that is called "Rest A While", Two 2 bedrooms, 1 bath cottages called "Aqua Inn" and "Boat Inn", and finally a 1 bedroom, 1 bath cabin called "Cruise In". Over 400 ft. of Tippecanoe Channel/River Frontage. The sound of the constant flow of water from the dam is peaceful and serene. Continue to use these cottages as rentals or find a different use for them, lots of possibilities! Shared well and septic. Lake Tippecanoe/Oswego Channelfront properties. All being sold together. Call for more details.
Year
Property tax
Land + Additions
Assessment*
2024
$2,794 (+2.7%)
$110,000 + $129,100
$239,100
2023
$2,721 (+7.2%)
$105,500 + $124,100
$229,600
2022
$2,538
$105,500 + $111,900
$217,400
Tax history for 2888 E Armstrong Rd
Year
Property tax
Land + Additions
Assessment*
2024
$2,794 (+2.7%)
$110,000 + $129,100
$239,100
2023
$2,721 (+7.2%)
$105,500 + $124,100
$229,600
2022
$2,538
$105,500 + $111,900
$217,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
1
Baths
1
Stories
1
Lot width
368 ft.
Lot depth
71 ft.
Lot size
0.81 Acres
Year renovated
1959
Sq. Ft.
545
Year built
1940
Style
Multi-Family (2-4 Unit)
County
Kosciusko County
APN
430714100588000016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 28, 2025.
Property details
Parking
Parking/Garage Information
Parking Features: Gravel, RV Access/Parking
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 3
# of Main Level Bathrooms: 3
Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Electric, Propane, Baseboard
Interior Features
Interior Features: Eat-in Kitchen, Open Floorplan
Window Features: Window Treatments
Appliances: Microwave, Refrigerator, Electric Oven, Electric Range, Electric Water Heater, Water Heater
Flooring: Hardwood, Carpet, Vinyl
Room Information
# of Rooms Total: 13
Basement Details: Crawl Space
Exterior
Exterior Features
Exterior Features: Fire Pit
Patio And Porch Features: Deck, Patio
Fencing: Chain Link
Roof: Asphalt, Rubber, Shingle
Building Information
Above Grade Finished Area: 2,224
# of Stories Total: 1
Construction Materials: Aluminum Siding, Block
Foundation Details: Slab
Property Features
On Waterfront
Waterfront Features: Lake, Canal Front
Has View
Security Features: Smoke Detector(s)
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Site-Built Home
Lot Information
Lot Features: Irregular Lot, Waterfront, Level, Views
Frontage Type: Waterfront
Water Body Name: Oswego Lake
Lot Size Dimensions: Irreg.
Lot Size Acres: 0.81
Utilities
Utility Information
Water Source: Private, Well
Sewer: Septic Tank
Location
Schools Information
School District: Warsaw Community
Elementary School: Leesburg
Middle Or Junior School: Lakeview
High School: Warsaw
Location Information
Directions: St. Rd. 13 to 500N (Armstrong Rd.), W. to property.
Subdivision Name: None
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 545
Stories: 1.0
Lot Size: 0.81 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1940
Year Renovated: 1959
County: Kosciusko County
APN: 430714100588000016
Home facts updated by county records on Aug 28, 2025
Other
Listing Information
List AOR: Kosciusko BOR
Around this home
Schools
Leesburg Elementary School
Public PreK-6 • Assigned • 2.7mi
6/10
Lakeview Middle School
Public 7-8 • Assigned • 6.6mi
7/10
Warsaw Community High School
Public 9-12 • Assigned • 7.8mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 100° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Leesburg, IN • 46538
Average low and high temperatures (°F)
28
15
36
21
55
35
63
44
69
50
81
62
84
67
80
61
78
56
67
46
50
36
36
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.6 hours in
June and 3.2 hours in December, which is comparable to the
U.S. average for solar exposure.
10.6 hrs
3.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$359,000 – $434,000
Sell confidently with a local market expert in Leesburg. 3 minutes to get started.