10227 Lorainne Road, Leopold, IN 47551

Leopold
Local realty services provided by:ERA First Advantage Realty, Inc.
10227 Lorainne Road,Leopold, IN 47551
$550,000
Virtual Tour
  • 3 Beds
  • 1 Baths
  • 1,354 sq. ft.
  • Single family
  • Active
Listed by: phyllis lagrangeCell: 812-719-4221
Office: key associates signature realty
MLS#:202611690
Source:Indiana Regional MLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$203.1

About this home

Very special and unique 31-acre property offers opportunities for full-time living, recreation, investment, hunting or a private getaway. The secluded setting provides privacy and is surrounded by abundant wildlife and natural beauty. Property features a 2+ acre stocked lake with a scenic, park-like setting. The land includes established walking and ATV trails, cliffs, rock formations, and creeks with seasonal waterfalls. Woods consist primarily of hardwoods with future timber potential; seller recently completed a light select cut. The home offers 3 bedrooms, 1 full bath, and a full unfinished walk-out basement. Constructed with all-brick exterior and a metal roof, the home has been updated and is move-in ready. Currently used as an Airbnb and office/workspace, but easily adaptable for full-time living. Includes multiple outbuildings and shelter house. A large barn with a massive fireplace provides a great space for gatherings or events. Property was formerly home to Eagle Wings...

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Home facts

  • Year built:1972
  • Listing ID #:202611690
  • Added:1 day(s) ago
  • Updated:April 07, 2026 at 03:45 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:6
  • Flooring:Carpet, Laminate, Tile
  • Dining Description:Main Level
  • Kitchen Description:Breakfast Bar, Eat-In Kitchen, Microwave, On Main Level, Range-Electric, Refrigerator
  • Basement Description:Full Basement, Outside Entrance, Unfinished, Walk-Out Basement
  • Living area:1,354 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Heat Pump

Structure and exterior

  • Roof:Metal
  • Year built:1972
  • Building area:1,354 sq. ft.
  • Lot area:31.18 Acres
  • Lot Features:Heavily Wooded, Irregular, Rolling, Slope, Wooded
  • Architectural Style:One Story, Ranch
  • Construction Materials:Brick
  • Exterior Features:Porch Covered
  • Levels:1 Story

Schools

  • High school:Perry Central
  • Middle school:Perry Central
  • Elementary school:Perry Central

Utilities

  • Water:Well
  • Sewer:Septic

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$203.1
  • Tax amount:$3,070

Features and amenities

  • Laundry features:In Basement
  • Amenities:Ceiling Fan(s), Countertops-Laminate

Parking

  • Parking description:Gravel Driveway, Off Street Parking
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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