About This Home
This 3-bedroom, 1-bathroom single family at 10227 Lorainne Road in Leopold, IN is listed for $499,000 ($369 per sqft). Built in 1972, the home offers 1,354 sqft of living space on a 31.18 acres lot.
Key Features
- Built in 1972
- 31.18 acre lot
Property Details
Amenities
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 Zipline; existing zipline towers remain but are not currently in use. This property is truly special, so much to take in!!!
Monthly Cost Estimate
$2,669/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
10227 Lorainne Road
Leopold, IN 47551
Property Details
Flooring
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 10227 Lorainne Road is listed at $499,000 ($369/sqft). The estimated monthly payment is $2,669 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1972, 31.18 acre lot.
This property is listed by Phyllis LaGrange and can be reached at 8127194221.


