2140 S 500 E Lagrange, IN $ 2,400,000
2140 S 500 E
$ 2,400,000
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2140 S 500 E

Lagrange, IN, 46761
$ 2,400,000
Bedrooms2 Baths1.0 Sq 1,120

Monthly Estimate*

$ 14,777

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Single Family Home for sale in Lagrange, IN

for $2,400,000 with 2 bedrooms and 1 full bath. This 1,120 square foot home was built in 1983 on a lot size of 40.

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.

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Single Family Active

Price

$ 2,400,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,776

Style

Site-Built Home

Lot Size

40

Year Built

1983

Town/City

Lagrange

County/Region

Lagrange

MLS | Web ID

202543954

Features
General
Sewer Septic
Heating Forced Air
Cooling Central Air
Laundry Y/N Main
Fireplaces No
Water Access Type Lakefront
Amenities Eat-In Kitchen
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1983
New Construction No
Subdivision None
Style One Story
Township Johnson
Class RESIDENTIAL
Type Site-Built Home
Age 42
REO No
Status Detail 0
Area LaGrange County
Location Rural
High School Lakeland Jr/Sr
City Lagrange
School District Lakeland School Corp
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/202543954
Agent First Name Marlynn
Agent Last Name Mast
DOM 82
Tax Year 2024
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Interior
Basement Full Basement Walk-Out Basement Unfinished
Beds 2
Total Rooms 5
Full Baths Main 1
Full Baths Upper 0
Above Grade Bedrooms 2
Below Grade Baths 0
Below Grade Bedrooms 0
Full Baths Below Grade 0
Half Baths Below Grade 0
Half Baths Main 0
Half Baths Upper 0
1st Bedroom Level Main
1st Bedroom Width 18
2nd Bedroom Length 10
2nd Bedroom Level Main
2nd Bedroom Width 12
Basement Material Poured Concrete
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Exterior
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
Lake Non Ski Lake
Waterfront Y/N Yes
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* Excluded Features
List By
Marlynn Mast

Listing Agent

Keller Williams Realty Group

Broker

marlynnmast@gmail.com

Email

Affordability Calculator

$14,925
Per Month
99%
1%
0%
Monthly Principal & Interest
$14,777
Monthly Property Taxes
$148
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2690691 Elementary School
2691542 Middle School
Lakeland Jr/Sr High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2025$2,400,000 Listed Price

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2140 S 500 E, Lagrange, IN, 46761 is a Single Family Home for sale at $2,400,000 with 1,120 sqft and a lot size of 40. 2140 S 500 E has 2 bedrooms, 1.0 baths, and was built in 1983. The property's zip code is 46761 which is in Lagrange, IN