# 10227 Lorainne Road, Leopold, IN 47551 > **TL;DR:** 3bd/1ba single family, $499,000 ($369/sqft), built 1972, 1,354 sqft. > A/C. Est. $2,669/mo. Listed 210 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $499,000 | | Price/sqft | $369 | | Bedrooms | 3 | | Bathrooms | 1 full | | Square Feet | 1,354 | | Year Built | 1972 | | Lot Size | 1,358,288 sqft (31.18 acres) | | Stories | 1 | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 210 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,523 | | Estimated Insurance | $146 | | **Total** | **$2,669** | ## Nearby Schools - **Elementary:** Perry Central - **Middle:** Perry Central - **High:** Perry Central ## Key Amenities - A/C ## Property Highlights - Built in 1972 - 31.18 acre lot ## Description ### Agent Description 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!!! ## Location - **Address:** 10227 Lorainne Road, Leopold, IN 47551 - **County:** Perry County - **Coordinates:** 38.07954893, -86.62022668 - **Google Maps:** https://www.google.com/maps?q=38.07954893,-86.62022668 ## Virtual Tour & Media - **Video Tour:** https://drive.google.com/file/d/1Ve7ADGmDFRqthKVMr6YuSqLU22sSAXqv/view?usp=sharing ## Listing Agent - **Name:** Phyllis LaGrange - **Brokerage:** Key Associates Signature Realty - **Broker Phone:** (812) 686-3268 ## Photos ![10227 Lorainne Road - Photo 1](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f3155965347r.jpg) ![10227 Lorainne Road - Photo 2](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f3846080239r.jpg) ![10227 Lorainne Road - Photo 3](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f2899996124r.jpg) ![10227 Lorainne Road - Photo 4](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f3763283723r.jpg) ![10227 Lorainne Road - Photo 5](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f2177117317r.jpg) ![10227 Lorainne Road - Photo 6](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f1017455111r.jpg) ![10227 Lorainne Road - Photo 7](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f1873575507r.jpg) ![10227 Lorainne Road - Photo 8](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f3991175165r.jpg) ![10227 Lorainne Road - Photo 9](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f2416977313r.jpg) ![10227 Lorainne Road - Photo 10](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f12674294r.jpg) ![10227 Lorainne Road - Photo 11](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f619228551r.jpg) ![10227 Lorainne Road - Photo 12](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f1103308155r.jpg) ![10227 Lorainne Road - Photo 13](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f1250083391r.jpg) ![10227 Lorainne Road - Photo 14](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f3005589763r.jpg) ![10227 Lorainne Road - Photo 15](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f1269669380r.jpg) ![10227 Lorainne Road - Photo 16](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f1598499151r.jpg) ![10227 Lorainne Road - Photo 17](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f1477777015r.jpg) ![10227 Lorainne Road - Photo 18](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f1858505075r.jpg) ![10227 Lorainne Road - Photo 19](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f2054682147r.jpg) ![10227 Lorainne Road - Photo 20](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f1077469497r.jpg) ![10227 Lorainne Road - Photo 21](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f2337737625r.jpg) ![10227 Lorainne Road - Photo 22](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f441430898r.jpg) ![10227 Lorainne Road - Photo 23](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f1000027346r.jpg) ![10227 Lorainne Road - Photo 24](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f1049400202r.jpg) ![10227 Lorainne Road - Photo 25](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f318593184r.jpg) ![10227 Lorainne Road - Photo 26](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f1537711391r.jpg) ![10227 Lorainne Road - Photo 27](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f3085323953r.jpg) ![10227 Lorainne Road - Photo 28](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f3764375542r.jpg) ![10227 Lorainne Road - Photo 29](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f2705854504r.jpg) ![10227 Lorainne Road - Photo 30](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f2276358274r.jpg) ![10227 Lorainne Road - Photo 31](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f2474165196r.jpg) ![10227 Lorainne Road - Photo 32](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f2337699819r.jpg) ![10227 Lorainne Road - Photo 33](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f876410367r.jpg) ![10227 Lorainne Road - Photo 34](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f376610841r.jpg) ![10227 Lorainne Road - Photo 35](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f4015899433r.jpg) ![10227 Lorainne Road - Photo 36](http://lh.rdcpix.com/463bd6e88ba5fae8de2575b8c735534el-f4062976145r.jpg) --- **MLS#:** 202611690 | **Updated:** 2026-10-25 **Source:** listhub *Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/10227-lorainne-road-leopold-in-47551-aecec073375145f299943e64aa66d3c7) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/10227-lorainne-road-leopold-in-47551-aecec073375145f299943e64aa66d3c7#listing", "url": "https://www.propertysimple.ai/listing/10227-lorainne-road-leopold-in-47551-aecec073375145f299943e64aa66d3c7", "name": "10227 Lorainne Road, Leopold, IN 47551", "description": "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. 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