Updated Aug 3, 2026
Tim Callahan & Meg Callahan Sell Echo Farm Estate In La Porte For $5.1 Million
10268 N Manna Ln
$5,100,000
$637/SF
Building Size
8,000 SF
Asset Type
Single Family
Closing
Jul 31, 2026
About this deal
AI
A single-family property located at 10268 N Manna Ln in La Porte, IN, has been sold for $5,100,000. The asset encompasses 27 acres and features two four-bedroom homes with a total square footage of 8,000. The property was initially listed at $6.5 million, reflecting a $1 million decrease from the original asking price. The Callahans originally acquired the estate, known as Echo Farm, for $3.1 million in 2020 and completed extensive renovations thereafter.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,100,000
- Address: 10268 N Manna Ln
- Market: La Porte, IN
- Acres: 27
- Square Feet: 8,000
- Price per Square Foot: $638
- Seller: Tim Callahan & Meg Callahan - Callahan Capital Partners
Tim Callahan and Meg Callahan, under Callahan Capital Partners, executed the sale of the estate. The property was purchased by the Callahans prior to its renovation in 2020, demonstrating a significant investment in the asset's improvement before its recent transaction.
On the Map
$5,100,000
$637/SF
Single Family
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La Porte Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93