Listing courtesy of Coldwell Banker Real Estate Group · Listing agent: Barbara Hendrick · Cell: 260-833-4698

Virtual tour
ActiveSite-Built Home

640 Lane 440 Lake James

$2,000,000

$1,004.02 / sq ft

Est. $12,244/mo

Angola, IN 46703Old Ford

  • On Lake James
  • 3-car garage
  • Fireplace
Bedrooms
5
Bathrooms
2.5
Living area
1,992 sq ft
Lot
0.23 ac
Year built
1900
Type
Site-Built Home
Listed
September 15, 2026
MLS #
202638130

About this home

UNIQUE LAKE JAMES OPPORTUNITY—an exceptional multi-parcel package on one of Indiana’s most sought-after all-sports lakes. Enjoy level lakefront, a sandy beach, a private pier, and an unbeatable location along one of Lake James’ most desirable stretches. You’re also within walking distance to the popular Four Corners area with restaurants, a bait store, and a donut shop. This offering includes two parcels on LN 440 with two remodeled homes and a detached garage, plus two additional parcels on Bay View Rd featuring a 64×30 storage building—a rare setup for lake living, guest space, storage, and parking. Parcel One – Lakefront Home: provides 1,992 sq ft with 5 bedrooms and 2.5 baths. The main level includes the living/dining area, kitchen, two bedrooms, enclosed sun porch, laundry, 1.5 baths, composite deck, and stamped concrete patio—ideal for everyday living and easy entertaining. The upper level offers three bedrooms and a full bath. Guest House: offers 576 sq ft with a kitchen, living/dining area, 2 bedrooms, and a full bath—perfect for extended family, overflow guests, or rental potential. All furniture, furnishings, and appliances from both homes are included. Parcel Two – Garage: A fully insulated, air-conditioned 32×24 three-car garage with walk-up upper-level storage—excellent for vehicles, lake toys, and hobbies. Bay View Rd Parcels: Located at 3825 N Bay View Rd, the 64×30 heated and finished garage on .27 acres provides outstanding storage capacity and additional parking. Great potential for Airbnb and boat storage income. A truly one-of-a-kind Lake James package—multiple parcels, remodeled homes, abundant storage, level lakefront, and a prime location near beloved lake amenities.

Monthly payment estimate

$12,244/mo

Principal & interest
$10,947
Property taxes
$714
Homeowners insurance
$583
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.
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Property details

Interior

Levels
Two
Total rooms
10
Total area
1,992 sq ft
Finished area above grade
1,992 sq ft
Main level
1,104 sq ft
Upper level
888 sq ft
Bedrooms above grade
5
Full baths, main level
1
Full baths, upper level
1
Half baths, main level
1
Basement
Crawl Space
Flooring
Carpet, Vinyl
Heating
Hot Water
Cooling
Central Air, Window Unit(s)
Fireplaces
1
Appliances
Disposal
Laundry
Main Level
Interior features
Breakfast Bar, Ceiling Fan(s), Walk-In Closet(s), Detector-Smoke, Guest Quarters, Open Floorplan, Workshop, Main Floor Laundry
Windows
Skylight(s)

Exterior & parking

Style
Traditional
Construction
Vinyl Siding
Roof
Shingle
Garage spaces
3
Attached garage
No
Garage type
Detached
Garage sq ft
768 sq ft
Private pool
No
Other structures
Pole/Post Building
New construction
No

Waterfront & lake

Waterfront
Yes
Body of water
Lake James
Waterfront features
Pier/Dock, Private Beach
Water access
Lakefront
Lake type
Ski Lake
Water frontage
66 ft
Water feature
Lake

Lot

Subdivision
Old Ford
Lot features
Landscaped, Level, Waterfront, Lake on Lot, Water View
Lot size (acres)
0.23 ac
Lot dimensions
66x160x54x173
Location type
Lake
Inside city limits
No
County
Steuben County
Township
Jamestown
Platted
Yes
Planned unit development
No
Directions
200W to Bay View Rd to Lane 440.

Schools

Elementary school
Ryan Park
Middle school
Angola
High school
Angola
School district
MSD of Steuben County

Taxes & terms

Annual taxes
$8,571
Tax year
2025
Tax exemptions
No Exemptions
Possession
DOC
Parcel number
76-06-04-220-208.000-011

Included in the sale

Included in sale
Dishwasher,Microwave,Refrigerator,Washer,Window Treatments,Dryer-Electric,Kitchen Exhaust Hood,Range-Electric,Water Heater Gas

Utilities

Water
Well
Well
Private
Sewer
Regional

Income & commercial

Gas meters
15

Location

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Area guide

Living in Angola

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