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.
Active
$239,900
250 Forty Lane Lake Pleasant, Orland, IN 46776
4beds
1,185sqft
:
Get pre-qualified$1,457/mo
Single Family Residence
Built in 1961
0.25 Acres Lot
$235,200 Zestimate®
$--/sqft
$-- HOA
What's special
Pole barnFantastic all-sports lakeAll-sports lakeBeloved family-friendly sandbar nearby
- 38 days |
- 1,702 |
- 83 |
Zillow last checked:
Listing updated:
Listed by:
Jeremy Bracey Cell:260-466-5037,
RE/MAX Results
Source: IRMLS,MLS#: 202624210
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Family room
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Kitchen
- Level: Main
- Area: 105
- Dimensions: 15 x 7
Living room
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Heating
- Natural Gas
Cooling
- Central Air
Features
- Basement: Partial,Concrete
- Has fireplace: No
Interior area
- Total structure area: 1,622
- Total interior livable area: 1,185 sqft
- Finished area above ground: 985
- Finished area below ground: 200
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- On waterfront: Yes
- Waterfront features: Lake, Walk to Lake Access, Canal Front, Ski Lake
- Body of water: Lake Pleasant
- Frontage length: Channel/Canal Frontage(17),Water Frontage(17)
Lot
- Size: 0.25 Acres
- Features: Lake
Details
- Additional parcels included: 760413230602000007, 760413230837000007
- Parcel number: 760413230836.000007
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
Community & HOA
Community
- Subdivision: None
Location
- Region: Orland
Financial & listing details
- Tax assessed value: $121,000
- Annual tax amount: $1,150
- Date on market: 6/19/2026
- Road surface type: Paved
Estimated market value
$235,200
$223,000 - $247,000
$1,596/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $239,900+1026.8% |
Source:  IRMLS #202624210 Report a problem | ||
| 1/24/2013 | Sold | $21,290$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,033 +4.6% | $121,000 +7.5% |
| 2024 | $987 -3.5% | $112,600 +3.8% |
| 2023 | $1,022 +48.4% | $108,500 +0.6% |
| 2022 | $689 +5.5% | $107,800 +54.7% |
| 2021 | $653 +3% | $69,700 +9.6% |
| 2020 | $634 +15.8% | $63,600 +3.2% |
| 2019 | $548 +17.8% | $61,600 +17.1% |
| 2018 | $465 +3.3% | $52,600 -3.5% |
| 2017 | $450 -0.3% | $54,500 +1.9% |
| 2016 | $451 -1.5% | $53,500 -0.4% |
| 2014 | $458 +3.8% | $53,700 -0.7% |
| 2013 | $441 -1.2% | $54,100 +3.8% |
| 2012 | $446 +4.9% | $52,100 +1% |
| 2011 | $426 | $51,600 |
| 2010 | -- | $51,600 -0.2% |
| 2009 | -- | $51,700 -19.3% |
| 2007 | $122 -56.8% | $64,100 |
| 2006 | $283 | $64,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 46776
Nearby schools
GreatSchools rating
- 6/10Prairie Heights Middle SchoolGrades: 5-8Distance: 9.5 mi
- 9/10Prairie Heights Sr High SchoolGrades: 9-12Distance: 9.4 mi
- 6/10Prairie Heights Elementary SchoolGrades: K-4Distance: 9.6 mi
Schools provided by the listing agent
- Elementary: Prairie Heights
- Middle: Prairie Heights
- High: Prairie Heights
- District: Prairie Heights Community
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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