Address
2140 S 500 E, Lagrange, IN
Price
$ 1,330,000
Property Attributes
- MLS#202630213
- TypeSingle Family
- Listing Status Active
- CountyLAGRANGE
- CityLagrange
- AreaJohnson
- Zip46761
- StyleSite-Built Home
- Year Built1983
- Taxes$ 1776
- Price$ 1,330,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1120
- Lot Size40 Acres
Data Source:
Indiana Regional MLS (IRMLS)
Property Description
A truly exceptional property in LaGrange County two parcels totaling 40 acres with an impressive 1,200 feet of lakefront on beautiful Royer Lake and over 3,000 feet of combined road frontage (more than 2,000 feet on one side and 1,000 feet on the other). This property offers a rare blend of rolling farmland, mature trees and serene waterfront, making it an ideal setting for recreation, investment, or development. Currently zoned Agricultural and under cultivation, it provides both income potential and flexibility for future use. Included on the property is a 1,120 sq. ft. home featuring 2 bedrooms, 1 bath, on a walkout basement already plumbed for second bathroom. The home is positioned to take in the quiet, rural surroundings and offers an excellent opportunity for guest quarters, or a temporary residence while you plan your dream build. Royer Lake is a peaceful, non-ski lake known for its great fishing and connection to Fish Lake, offering the best of quiet lake living with expansive land to roam. With its combination of prime lake frontage, extensive road access, and natural beauty, this is truly a once-in-a-lifetime opportunity in northern Indiana. Whether youre looking for a private retreat, working farm, or investment property, this one checks every box. Call today to schedule a private tour.
| Elementary School | Middle School | High School |
|---|---|---|
| Lakeland Primary Elementary School | Lakeland Intermediate Middle School | Lakeland Jr/Sr High School |
| Price History | |
|---|---|
| 7/27/2026 | Listed $1,330,000 |
General Features
| Sewer | Septic |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Laundry Y/N | Main |
| Fireplaces | No |
| Water Access Type | Lakefront |
| Amenities | Eat-In Kitchen |
| Status | Active |
| Full Baths | 1 |
| Bathrooms | 1 |
| Year Built | 1983 |
| New Construction | No |
| Subdivision | None |
| Style | One Story |
| Township | Johnson |
| Class | RESIDENTIAL |
| Type | Site-Built Home |
| Age | 43 |
| FIPS Code | 18087 |
| REO | No |
| Status | Active |
| Auction Y/N | No |
| Annual Taxes | 1776 |
| Area | LaGrange County |
| Location | Rural |
| High School | Lakeland Jr/Sr |
| City | Lagrange |
| School District | Lakeland School Corp |
| Assoc. Dues Frequency | Not Applicable |
| Total Sq Ft | 2240 |
| Elementary School | Lakeland Primary |
| Middle School | Lakeland Intermediate |
| Legal Description | OUT N PT NE 1/4 3A NPTFRL NE 1/4 LESS NW COR 37A |
| Virtual Tour | https://www.propertypanorama.com/instaview/irmls/202630213 |
| Agent First Name | Marlynn |
| Agent Last Name | Mast |
| DOM | 45 |
| Tax Year | 2024 |
| PROPOSED FINANCING | Cash,Conventional |
Interior Features
| Basement | Full Basement,Walk-Out Basement,Unfinished |
|---|---|
| Beds | 2 |
| Total Rooms | 5 |
| Full Baths Main | 1 |
| Total Finished SqFt | 1120 |
| Basement Y/N | Yes |
| Above Grade Bedrooms | 2 |
| 1st Bedroom Level | Main |
| 1st Bedroom Width | 18 |
| 2nd Bedroom Length | 10 |
| 2nd Bedroom Level | Main |
| 2nd Bedroom Width | 12 |
| Above Grade Finished SqFt | 1120 |
| Below Grade Unfin. SqFt | 1120 |
| Basement Material | Poured Concrete |
Exterior Features
| Exterior | Vinyl |
|---|---|
| Water Frontage | 1200 |
| Pool | No |
| Waterfront | Lake |
| Lot Size Area | 1742400 |
| Lot Dimensions | 2065x1015 |
| Lot Description | Partially Wooded,Rolling,Waterfront,15+,Lake,Water View |
| Well Type | Private |
| Water Name | Royer Lake |
| Approx. Lot Size Acres | 40 |
| ROOF MATERIAL | Metal |
| Lake | Non Ski Lake |
| Waterfront Y/N | Yes |
| Garage Y/N | No |
Amenities
- Foreclosure
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on September 11, 2026 10:52 AM UTC
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