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2140 S 500 E
Lagrange, IN 46761

New Listing
$1,330,000
Est. Mortgage: $8,415/mo Get Pre-Qualified
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New Listing
beds
2
bath
1
type
Single Family Home
sq.ft.
1,120
mls #
202630213
Single Family Home
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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.

Property Details

school district
Lakeland
architecture
One Story
taxes
$1,776.00
built
1983
MLS#
202630213

Interior Features

  • Central air
  • Forced air heat
  • Eat-in kitchen
  • Unfinished basement
  • Full basement
  • Basement has outside entrance
  • Walkout basement

Exterior Features

  • Elementary school: Lakeland Primary
  • Middle school: Lakeland Intermediate
  • High school: Lakeland Jr/Sr
  • School district: Lakeland School Corp
  • Vinyl siding
  • Lot acreage is: 40
  • Lot dimension is: 2065x1015
  • Lot has rolling hills
  • Waterfront lot
  • Body of water: Royer Lake
  • Lot on or near lake
  • Lot sqft: 1742400
  • Subdivision: None
  • Wooded lot
  • Frontage: Waterfront
  • Lot has water view
  • Metal roof
  • Private water
  • Well water
  • Septic system
  • Total square feet: 1120
  • Total above grade finished sq ft: 1120
  • Living square feet: 1120
  • For sale
  • Tax year: 2024

Room Dimensions

  • Laundry room
  • Bedroom 1 is 12 x 18
  • Bedroom 1 Level: Main
  • Bedroom 2 is 10 x 12
  • Bedroom 2 Level: Main
  • Laundry Room Level: Main
  • Number of rooms: 5
  • Baths on main floor: 1
  • Laundry room on main floor

Courtesy of:
Keller Williams Realty Group
Marlynn Mast
[email protected]

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By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

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Call (855) 464-2662

855-GO-HANNA
We are standing by to assist you.
or

Want to make an offer? Select the button below!

Make an Offer
Select a preferred date & time
Have you been pre-approved for a mortgage?

On submitting this form, you'll receive a one-time text message with verification code to confirm the mobile phone number.

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

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Mortgage Payment

The approximate monthly principal & interest payment for this property would be $8,414.58.

This payment is based on a 30-year loan at a fixed rate of 6.750 % - APR 7.010 % with a down payment of $66,500. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.

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2140 S 500 E, Lagrange, IN 46761 is a 2 bedroom, 1 bath single family home offered for sale at $1,330,000.
All information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of IRMLS (last updated 7/27/2026). Real estate listings held by brokerage firms other than Howard Hanna Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. 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.