Very special and unique 31-acre property offers opportunities for full-time living, recreation, investment, hunting or a private getaway. The secluded setting provides privacy and is surrounded by abundant wildlife and natural beauty. Property features a 2+ acre stocked lake with a scenic, park-like setting. The land includes established walking and ATV trails, cliffs, rock formations, and creeks with seasonal waterfalls. Woods consist primarily of hardwoods with future timber potential; seller recently completed a light select cut. The home offers 3 bedrooms, 1 full bath, and a full unfinished walk-out basement. Constructed with all-brick exterior and a metal roof, the home has been updated and is move-in ready. Currently used as an Airbnb and office/workspace, but easily adaptable for full-time living. Includes multiple outbuildings and shelter house. A large barn with a massive fireplace provides a great space for gatherings or events. Property was formerly home to Eagle Wings Zipline; existing zipline towers remain but are not currently in use. This property is truly special, so much to take in!!!
Active
$550,000
10227 Lorainne Rd, Leopold, IN 47551
3beds
1,354sqft
Single Family Residence
Built in 1972
31.18 Acres Lot
$507,100 Zestimate®
$--/sqft
$-- HOA
What's special
All-brick exteriorSecluded setting provides privacyMetal roof
- 173 days
- 289
- 22
Zillow last checked:
Listing updated:
Listed by:
Phyllis LaGrange Cell:812-719-4221,
Key Associates Signature Realty
Source: IRMLS,MLS#: 202611690
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Kitchen
- Level: Main
- Area: 121
- Dimensions: 11 x 11
Living room
- Level: Main
- Area: 204
- Dimensions: 17 x 12
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Microwave, Refrigerator, Washer, Dryer-Electric, Electric Range, Electric Water Heater, Water Softener Owned
Features
- Breakfast Bar, Ceiling Fan(s), Laminate Counters, Eat-in Kitchen, Entrance Foyer, Stand Up Shower
- Flooring: Carpet, Laminate, Tile
- Windows: Window Treatments
- Basement: Full,Walk-Out Access,Unfinished,Exterior Entry,Block
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,708
- Total interior livable area: 1,354 sqft
- Finished area above ground: 1,354
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Gravel
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch Covered
- Fencing: Chain Link,Pet Fence
- Waterfront features: Lake
Lot
- Size: 31.18 Acres
- Features: Many Trees, Irregular Lot, Rolling Slope, Sloped, 15+, Wooded, Rural
Details
- Additional structures: Barn(s), Outbuilding
- Additional parcels included: 6209-15-300-001.002-003
- Parcel number: 620915300001.001003
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Metal
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Electric: Southern Indiana Power
- Gas: None
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Features: None
- Subdivision: None
Location
- Region: Leopold
Financial & listing details
- Tax assessed value: $148,900
- Annual tax amount: $3,070
- Date on market: 4/6/2026
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Gravel
Estimated market value
$507,100
$482,000 - $532,000
$1,196/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Listed for sale | $550,000 |
Source:  IRMLS #202611690 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,729 +10.7% | $148,900 +5.7% |
| 2024 | $2,465 +0.3% | $140,900 +13% |
| 2023 | $2,458 +11.8% | $124,700 -0.9% |
| 2022 | $2,199 +12% | $125,800 +14.5% |
| 2021 | $1,963 +7% | $109,900 +6.4% |
| 2020 | $1,835 -0.2% | $103,300 +3.3% |
| 2019 | $1,838 +1% | $100,000 +3.2% |
| 2018 | $1,820 +11.5% | $96,900 -3.2% |
| 2017 | $1,632 | $100,100 +1.4% |
| 2016 | $1,632 +0.9% | $98,700 +5.3% |
| 2014 | $1,617 -4.9% | $93,700 +2% |
| 2013 | $1,700 +2.9% | $91,900 -3.8% |
| 2012 | $1,653 | $95,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 47551
Nearby schools
Schools provided by the listing agent
- Elementary: Perry Central
- Middle: Perry Central
- High: Perry Central
- District: Perry Central Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $419,0004 bd2 ba1.8k sqft8161 Alamo Rd, Tell City, IN 47586For Sale
MLS ID #11775208, Patricia Seibert, Indiana Realty Group. My State MLS - $613,0003 bd2 ba1.6k sqft7760 Coxs Rd NW, Leavenworth, IN 47137For Sale
MLS ID #11910963, Linda Smith, NTUNE Realty LLC. My State MLS - $340,0003 bd2 ba1.4k sqft7636 E County Road 1100 Rd N, Lamar, IN 47550For Sale
MLS ID #202621466, Pam Rickenbaugh, F.C. TUCKER EMGE. IRMLS - $675,0002 bd1 ba1.3k sqft0 Old Chapel Cemetary Rd, Cannelton, IN 47520For Sale
MLS ID #11562115, Dominic Bauer, Dixon Realty. My State MLS - $429,9003 bd3 ba1.6k sqft8048 State Route 144 E, Hawesville, KY 42348For Sale
MLS ID #95423, Justin W Nugent, RE/MAX Real Estate Executives. Greater Owensboro Realtor Association - $289,9003 bd2 ba1.9k sqft280 Oolite Rd, Battletown, KY 40104For Sale
MLS ID #1715851, Brian Chism, NextHome Chism Realty. Metro Search Inc. LLC DBA Apex MLS - $286,9004 bd2 ba1.4k sqft120 Watertower Ln, Hardinsburg, KY 40143For SaleMLS ID #1722592, Brad J Hockenberry, Keller Williams Elite. Metro Search Inc. LLC DBA Apex MLS
