Active

10227 Lorainne Road

Ranch • 54Y Old
$499,000 Listed 5 months ago
3 Bedrooms All Main Level
1 Bathroom
1354 sqft
31.18 Acres
Basement Outbuilding
Share
Property Description

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!!!

Directions

From office in Tell City, North on HWY 37. Left on Old Highway 37 to Lorainne Road. Left on Lorainne Road, Look for signs, home is on the right side of road, barn is on the left.

Amenities

Breakfast Bar, Ceiling Fan(s), Countertops-Laminate, Eat-In Kitchen, Foyer Entry, Porch Covered, Stand Up Shower

Sale Includes

Microwave, Refrigerator, Washer, Window Treatments, Dryer-Electric, Range-Electric, Water Heater Electric, Water Softener-Owned

Property
MLS # 202611690
Date Listed 2026-04-06
Status Active
Property Type Residential
Property SubType Site-Built Home
Finished Square Feet 1,354 sqft
Total Square Feet 2,708 sqft
New Construction No
Style One Story
Type Site-Built Home
Basement Yes
Bedrooms 3
Bathrooms 1
Annual Taxes $3,070.20
Year Taxes Payable 2025
Year Built 1972
Virtual Tour drive.google.com »
Days on Market 180
Homestead Year No
Additional
Design Ranch
Cooling Central Air
Heating Electric, Heat Pump
Outbuilding Outbuilding, Barn
Room Dimensions
Living Room 17 × 12 Main Level
Dining Room 12 × 11 Main Level
Kitchen 11 × 11 Main Level
Master Bedroom 14 × 12 Main Level
2nd Bedroom 12 × 10 Main Level
3rd Bedroom 12 × 10 Main Level
Bathroom Locations
Full Baths 1 Main
External Features
Construction Site-Built Home
Exterior Brick
Lot Size 1,358,288 sq ft
Acreage 31.18 Acres
Lot Dimensions 31.182
Parking Yes
Out Buildings Outbuilding
Sewer Septic
Water Well
Fence Chain Link,Pet Fence
Location
Area Perry County
Location Rural
County Perry
Subdivision None
Township Leopold
City Leopold
State IN
Zip 47551
Schools
School District Perry Central Community Schools
Elementary Perry Central
Middle School Perry Central
High School Perry Central
Financial
Financing Terms Cash, Conventional, FHA, USDA, VA
Assoc. Dues $0.00 Not Applicable
Assoc. Restrictions No
Contact

By submitting this form you agree to be contacted by Ashley Milakis Spencer about your request. Please see our Privacy Policy.

MLS# 202611690
Listing Provided Courtesy of Phyllis LaGrange
Key Associates Signature Realty
Cell: 812-719-4221

Listing updated October 1, 2026 at 10:45 am
Last checked 16 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.