About This Home

This 3-bedroom, 3-bathroom single family at 7183 Ellis Lake Road in Paragon, IN is listed for $3,300,000 ($824 per sqft). Built in 2022, the home offers 4,004 sqft of living space on a 100.00 acres lot.

Key Features

  • Built in 2022
  • 100.00 acre lot
  • 2 stories
  • Fireplace
  • Waterfront

Property Details

2 stories
2 full, 1 half
2-car garage
2022

Amenities

FireplaceWaterfrontViewHardwoodA/C
Listing Description

A once in a lifetime 107 acre private retreat featuring a stunning 15-16 acre lake, 25 acres of tillable farmland, a 5 acre hay field, 43 wooded acres with ATV trails and 18 acres of park-like greenspace complete with a 1,650' grass runway and airplane hangar.

Built in 2022, the 4,004 square foot main home offers 3 bedrooms, 2.5 baths, soaring 18' Great room ceilings, an expansive open-concept design, and a covered veranda overlooking the lake. Guests will enjoy a matching 2 bedroom guest house, rustic lakeside cabin, and extensive amenities including a airplane hangar with bunkhouse, shower house, machinery barn, livestock barn, skeet range, pavilion, fiber internet, city water and backup generators. A truly extraordinary recreational, aviation and legacy property.

Monthly Cost Estimate

$17,649/mo

20% down · 6.5% · 30 years

Principal$2,387
Interest$14,300
Insurance$963

Estimates only. Actual payments may vary.

Location

7183 Ellis Lake Road

Paragon, IN 46166

No Subdivision

Features & Amenities

Interior Features

High CeilingsTray Ceiling(s)Kitchen IslandEntrance FoyerHi-Speed Internet AvailblIn-Law FloorplanEat-in KitchenPantrySmart ThermostatStorageWired for SoundWalk-In Closet(s)Wet BarWood Work Stained

Exterior Features

Barn PoleCarriage/Guest House

Property Details

Flooring

Hardwood

Construction

Cement Siding Stone

Views

Lake

Outdoor Features

Patio

Parking

OpenGarage

Heating

Forced AirPropane (Heating)

Cooling

Central Air

Appliances

Electric CooktopDishwasherDryerGas Water HeaterExhaust FanElectric OvenRange HoodRefrigeratorWasherWine Cooler

Questions & Answers

This 3-bedroom, 3-bathroom single family at 7183 Ellis Lake Road is listed at $3,300,000 ($824/sqft). The estimated monthly payment is $17,650 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2022, 100.00 acre lot, 2 stories, Fireplace, Waterfront. Interior Features: High Ceilings, Tray Ceiling(s), Kitchen Island. Exterior Features: Barn Pole, Carriage/Guest House.

This property is listed by Patrick Watkins.

PW

Patrick Watkins

Agent at Mike Watkins Real Estate Group

Listed by Mike Watkins Real Estate Group · Broker phone: 317-882-6453 · View on Broker Site · Broker website

MLS# 22108634· Source: Broker Listing Cooperative®· 134 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7183 Ellis Lake Road, Paragon, IN 46166

Open this listing in: