# 2140 S 500 E, Lagrange, IN 46761

> **TL;DR:** 2bd/1ba single family, $1,330,000 ($1188/sqft), built 1983, 1,120 sqft.
> Waterfront, A/C. Est. $7,113/mo. Listed 51 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,330,000 |
| Price/sqft | $1188 |
| Bedrooms | 2 |
| Bathrooms | 1 full |
| Square Feet | 1,120 |
| Year Built | 1983 |
| Lot Size | 1,742,400 sqft (40.00 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | Active |
| Days on Market | 51 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $6,725 |
| Estimated Insurance | $388 |
| **Total** | **$7,113** |

## Nearby Schools

- **Elementary:** Lakeland Primary
- **Middle:** Lakeland Intermediate
- **High:** Lakeland Jr/Sr

## Key Amenities

- Waterfront
- A/C

## Property Highlights

- Built in 1983
- 40.00 acre lot
- Waterfront

## Description

### Agent 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.

## Location

- **Address:** 2140 S 500 E, Lagrange, IN 46761
- **County:** LaGrange County
- **Coordinates:** 41.611084, -85.329602
- **Google Maps:** https://www.google.com/maps?q=41.611084,-85.329602

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/irmls/202630213

## Listing Agent

- **Name:** Marlynn Mast
- **Brokerage:** Keller Williams Realty Group
- **Phone:** 2605089837
- **Broker Phone:** (260) 460-7707

## Photos

![2140 S 500 E - Photo 1](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f244361468r.jpg)

![2140 S 500 E - Photo 2](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f307442689r.jpg)

![2140 S 500 E - Photo 3](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f3960643573r.jpg)

![2140 S 500 E - Photo 4](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f73794501r.jpg)

![2140 S 500 E - Photo 5](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f2669016693r.jpg)

![2140 S 500 E - Photo 6](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f2916279340r.jpg)

![2140 S 500 E - Photo 7](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f149301430r.jpg)

![2140 S 500 E - Photo 8](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f2585764174r.jpg)

![2140 S 500 E - Photo 9](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f874775370r.jpg)

![2140 S 500 E - Photo 10](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f3088512182r.jpg)

![2140 S 500 E - Photo 11](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f3159977155r.jpg)

![2140 S 500 E - Photo 12](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f2412875135r.jpg)

![2140 S 500 E - Photo 13](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f2198553442r.jpg)

![2140 S 500 E - Photo 14](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f1631841446r.jpg)

![2140 S 500 E - Photo 15](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f1631841446r.jpg)

![2140 S 500 E - Photo 16](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f1034999630r.jpg)

![2140 S 500 E - Photo 17](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f728352366r.jpg)

![2140 S 500 E - Photo 18](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f818402324r.jpg)

![2140 S 500 E - Photo 19](http://lh.rdcpix.com/f05cba6974999a632280299188ab8a6bl-f1317223266r.jpg)

---

**MLS#:** 202630213 | **Updated:** 2026-08-26
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/2140-s-500-e-lagrange-in-46761-02630213)

---

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