Listing courtesy of RE/MAX Results · Listing agent: Jeremy Bracey · Cell: 260-466-5037

Virtual tour
ActiveSite-Built Home

40 Lane 250 Lake Pleasant

$234,900

$238.48 / sq ft

Est. $1,451/mo

Orland, IN 46776-5465

Original price $239,900 · Price reduced on August 17, 2026

  • On Lake Pleasant
  • 2-car garage
  • Basement
Bedrooms
4
Bathrooms
2
Living area
1,185 sq ft
Lot
0.25 ac
Year built
1961
Type
Site-Built Home
Listed
June 19, 2026
MLS #
202624210

About this home

4 Bed | 2 Bath | Dock | Pole Barn | All-Sports Lake This unique lakeside property offers incredible flexibility at an unbeatable price. The main level features 3 bedrooms and a full bath, while the basement includes a 1-bed, 1-bath suite with its own private entrance and no interior connection to the main floor. Unconventional? Yes — but that's the charm. Rent the main level while keeping the basement as your own private lake retreat. Two docks on the channel put you on a fantastic all-sports lake with a beloved family-friendly sandbar nearby. A pole barn gives you all the storage you need for boats, jet skis, and water toys — plus you're sitting on over a third of an acre, a rare find for lake property. Full-time home, weekend escape, or rental opportunity — this one checks the boxes.

Monthly payment estimate

$1,451/mo

Principal & interest
$1,286
Property taxes
$96
Homeowners insurance
$69
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

Get pre-approved

Know your real budget before you tour, and make a stronger offer. We'll connect you with a local lender.

Property details

Interior

Levels
One
Total rooms
9
Total area
1,622 sq ft
Finished area above grade
985 sq ft
Finished area below grade
200 sq ft
Unfinished area below grade
437 sq ft
Below grade total
637 sq ft
Bedrooms above grade
3
Bedrooms below grade
1
Full baths, main level
1
Full baths, below grade
1
Basement
Partial
Heating
Natural Gas
Cooling
Central Air
Laundry
In Basement

Exterior & parking

Construction
Vinyl Siding
Foundation
Poured Concrete
Garage spaces
2
Attached garage
No
Garage type
Detached
Garage sq ft
640 sq ft
Private pool
No
New construction
No

Waterfront & lake

Waterfront
Yes
Body of water
Lake Pleasant
Waterfront features
Walk to Lake Access
Water access
Channel Front/Canal
Lake type
Ski Lake
Water frontage
17 ft
Channel / canal frontage
17 ft
Water feature
Lake

Lot

Lot features
Lake on Lot
Lot size (acres)
0.25 ac
Lot dimensions
Irregular and multiple
Location type
Lake
County
Steuben County
Township
Millgrove
Road surface
Paved
Platted
Yes
Planned unit development
No
Directions
From SR 120 North on 650 W, Turn East on CR 760 and then turn north on Lane 250. Property on your right.

Schools

Elementary school
Prairie Heights
Middle school
Prairie Heights
High school
Prairie Heights
School district
Prairie Heights Community

Taxes & terms

Annual taxes
$1,150
Tax year
2025
Possession
close
Parcel number
76-04-13-230-836.000-007

Utilities

Water
Well
Well
Private
Sewer
Public Sewer

Income & commercial

Gas meters
7

Location

Loading map...

Similar homes

$234,900

4 beds · 2 baths