About This Home

This 2-bedroom, 1-bathroom single family at 2140 S 500 E in Lagrange, IN is listed for $1,330,000 ($1,188 per sqft). Built in 1983, the home offers 1,120 sqft of living space on a 40.00 acres lot.

Key Features

  • Built in 1983
  • 40.00 acre lot
  • Waterfront

Property Details

1 story
1 full
1983

Amenities

WaterfrontA/C
Listing Description

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.

Monthly Cost Estimate

$7,113/mo

20% down · 6.5% · 30 years

Principal$962
Interest$5,763
Insurance$388

Estimates only. Actual payments may vary.

Location

2140 S 500 E

Lagrange, IN 46761

Property Details

Cooling

Central Air

Questions & Answers

This 2-bedroom, 1-bathroom single family at 2140 S 500 E is listed at $1,330,000 ($1,188/sqft). The estimated monthly payment is $7,113 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1983, 40.00 acre lot, Waterfront.

This property is listed by Marlynn Mast and can be reached at 2605089837.

MM

Marlynn Mast

Agent at Keller Williams Realty Group

(260) 508-9837

Listed by Keller Williams Realty Group · Broker phone: (260) 460-7707

MLS# 202630213· Source: Upstate Alliance of REALTORS® Multiple Listing Service, Inc.· 51 days on PropertySimple

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2140 S 500 E, Lagrange, IN 46761

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