2140 S 500 E Lagrange, IN 46761

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Site-Built Home • 42Y Old

$2,400,000

2140 S 500 E

2 Bedrooms All Main Level
1 Bathroom
1120 sqft
40.00 Acres
Property Description

40 Acres • 1200 Feet of Lakefront • Over 3000 Feet of Road Frontage 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.

Directions

US 20 Lagrange IN to 500 E turn South continue south for 2.25 miles. Arrive at property on the right side.

Amenities

Eat-In Kitchen

Map to 2140 S 500 E, Lagrange, IN 46761

Property
MLS # 202543954
Date Listed 2025-10-29
Status Active
Property Type Residential
Property SubType Site-Built Home
Finished Square Feet 1120 sqft
Total Square Feet 2240 sqft
New Construction No
Style One Story
Type Site-Built Home
Basement Yes
Bedrooms 2
Bathrooms 1
Annual Taxes $1,776.00
Year Taxes Payable 2024
Year Built 1983
Virtual Tour propertypanorama.com »
Days on Market 1
Additional
Cooling Central Air
Heating Forced Air
Main Level Laundry Yes
Room Dimensions
Master Bedroom 12 × 18 Main Level
2nd Bedroom 10 × 12 Main Level
Bathroom Locations
Full Baths 1 Main
External Features
Construction Site-Built Home
Exterior Vinyl
Lot Size 1,742,400 sq ft
Acreage 40.00 Acres
Lot Dimensions 2065x1015
Sewer Septic
Water Well
Fence None
Location
Area LaGrange County
Location Rural
County LaGrange
Subdivision None
Township Johnson
City Lagrange
State IN
Zip 46761
Schools
School District Lakeland School Corp
Elementary Lakeland Primary
Middle School Lakeland Intermediate
High School Lakeland Jr/Sr
Financial
Financing Terms Cash, Conventional
Assoc. Dues $0.00 Not Applicable

MLS# 202543954
Listing Provided Courtesy of Marlynn Mast
Keller Williams Realty Group
marlynnmast@gmail.com

Listing updated October 29, 2025 at 8:30 pm
Last checked 20 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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Agent to Contact

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