Listing courtesy of Coldwell Banker Real Estate Group · Listing agent: Erica Amans · Cell: 260-740-8673

ActiveSite-Built Home

75 Lane 240A Lake Gage

$450,000

$413.60 / sq ft

Est. $2,751/mo

Angola, IN 46703Panama

Original price $490,000 · Price reduced on October 6, 2026

  • On Lake Gage
  • Basement
Bedrooms
3
Bathrooms
1
Living area
1,088 sq ft
Lot
0.14 ac
Year built
1900
Type
Site-Built Home
Listed
July 18, 2026
MLS #
202628993

About this home

Lake Gage Cottage with deeded lakefront, a private dock, a 720-square-foot pole barn, and the kind of setup that makes weekends at the lake feel easy from the moment you arrive. Pull into the large driveway with room for everyone, unload the coolers and lake gear, tuck the extras into the pole barn, and suddenly there is nothing left to do but enjoy where you are. Inside, the house has a rhythm that works especially well when people gather. The living room gives you one place to settle in, while the open kitchen and family room become the natural hub of the home—coffee in the morning, something on the stove, people coming and going, and conversations that never really leave the room. Just beyond it, the window-filled nook feels like a little surprise: a home office when you need one, a reading spot when you do not, and a quiet place to sit with the view. The dining room gives everyone a place to come back together when the day finally slows down. And outside is where the Lake Gage story keeps going. Start the morning on the covered porch, spend the afternoon on the water, then come back to the deck, firepit, and seating area when the boat is tied up for the night. The generous parking means hosting does not become a puzzle, and the pole barn gives all the golf carts, water toys, tools, and seasonal gear a place of their own instead of taking over the house. This is not simply a cottage near Lake Gage. It is a complete lake-life setup with the water close by, practical storage, generous parking, and spaces that make it easy to spend more time enjoying the lake. Come see how easy Lake Gage living can be.

Monthly payment estimate

$2,751/mo

Principal & interest
$2,463
Property taxes
$157
Homeowners insurance
$131
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

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Property details

Interior

Levels
One and One Half
Total rooms
9
Total area
1,088 sq ft
Finished area above grade
1,088 sq ft
Bedrooms above grade
3
Full baths, main level
1
Basement
Crawl Space
Flooring
Concrete
Heating
Forced Air
Cooling
Central Air
Laundry
Electric Dryer Hookup, Main Level
Interior features
Ceiling Fan(s), Countertops-Laminate, Countertops-Stone, Kitchen Island, Open Floorplan, Range/Oven Hook Up Elec, Stand Up Shower, Main Floor Laundry, Washer Hook-Up

Exterior & parking

Construction
Vinyl Siding
Roof
Metal
Parking
Gravel
Private pool
No
Other structures
Pole/Post Building
New construction
No

Waterfront & lake

Waterfront
No
Body of water
Lake Gage
Waterfront features
Pier/Dock, Pier/Dock Available, Walk to Lake Access, Deeded
Water access
Easement/Other
Lake type
Ski Lake
Water frontage
15 ft
Water feature
Lake

Lot

Subdivision
Panama
Lot features
Level, Lake on Lot, Water View
Lot size (acres)
0.14 ac
Lot dimensions
50x125
Location type
Lake
County
Steuben County
Township
Millgrove
Platted
Yes
Planned unit development
No
Directions
From 200 W, west toward Crooked Lake, north briefly, then west toward Lake Gage. Continue on W Orland Road to Lane 240A Lake Gage. Turn right and follow to the property.

Schools

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

HOA & community

Community amenities
Boat Dock

Taxes & terms

Annual taxes
$1,884
Tax year
2025
Listing terms
Cash, Conventional
Possession
Neg.
Parcel number
76-04-35-410-107.000-007

Included in the sale

Included in sale
Dishwasher,Microwave,Refrigerator,Washer,Dryer-Electric,Oven-Electric,Range-Electric,Water Heater Electric

Utilities

Water
Well
Well
Private
Sewer
Regional
Electric provider
NIPSCO
Gas provider
NIPSCO

Rooms

RoomLevelDimensionsFeatures
Living Room—16 × 12 ft—
Dining Room—11 × 13 ft—
Family Room—13 × 11 ft—
Kitchen—11 × 12 ft—
Den—7 × 8 ft—
Bedroom 1Upper12 × 11 ft—
Bedroom 2Upper11 × 10 ft—
Bedroom 3Upper8 × 8 ft—
Extra Room 1—7 × 8 ftFull Bath
LaundryMain——

Location

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