$2,400,000

2140 S 500 E, Lagrange, IN 46761

  • 2 beds |
  • 1 bath |
  • 2,240 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon40acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,071/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

40 Acres • 1200 Feet of Lakefront • Over 3000 Feet of Road Frontage 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 you’re looking for a private retreat, working farm, or investment property, this one checks every box. Call today to schedule a private tour.

Listing Status:
Active
Date Added:
October 29, 2025 at 05:00AM
Listing Office:
Keller Williams Realty Group : 260-222-6970
Listing Agent:
Marlynn Mast : 260-508-9837
MLS ID:
202543954
  • Basement: Full BasementUnfinishedWalk-Out Basement
  • A/C: Central Air
  • Heating: Forced Air
  • General: Vinyl
  • Style: One Story
  • Roofing: Metal
  • School District: Lakeland School Corp
  • Zoning: OUT N PT NE 1/4 3A NPTFRL NE 1/4 LESS NW COR 37A44-10-02-200-004.000-010
  • Waterfront: 1200
  • Water: Well
  • Sewer: Septic

This listing courtesy of Marlynn Mast, Keller Williams Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lakeland Primary School

1 Lemaster Cir, Lagrange, IN, 46761

Grades KG-2

4.71 miles away

L

Lakeland Intermediate School

805 E 075 N, Lagrange, IN, 46761

Grades 7-12

5.11 miles away

L

Lakeland Intermediate School

805 E 075 N, Lagrange, IN, 46761

Grades 7-12

5.11 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

2140 S 500 E, Lagrange, IN 46761
Single-Family Home For Sale

$2,400,000

  • 2 bed |
  • 1 bath |
  • 2,240 sqft |
  • 40 acre lot
2140 S 500 E Lagrange, IN 46761

#202543956 - Keller Williams Realty Group