2140 S 500 E, Lagrange, IN 46761

Local realty services provided by:ERA Crossroads
2140 S 500 E,Lagrange, IN 46761
$2,400,000
Virtual Tour
  • 2 Beds
  • 1 Baths
  • 1,120 sq. ft.
  • Farm
  • Active
Listed by: marlynn mastmarlynnmast@gmail.com
Office: keller williams realty group
MLS#:202543956
Source:Indiana Regional MLS

Price summary

  • Price:$2,400,000
  • Price per sq. ft.:$1,071.43

About this home

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

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Home facts

  • Year built:1983
  • Listing ID #:202543956
  • Added:105 day(s) ago
  • Updated:February 10, 2026 at 04:34 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,120 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Metal
  • Year built:1983
  • Building area:1,120 sq. ft.
  • Lot area:40 Acres

Schools

  • High school:Lakeland Jr/Sr
  • Middle school:Lakeland Intermediate
  • Elementary school:Lakeland Primary

Utilities

  • Water:Well
  • Sewer:Septic

Finances and disclosures

  • Price:$2,400,000
  • Price per sq. ft.:$1,071.43
  • Tax amount:$1,776
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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