7404 W 1400 N, Silver Lake, IN 46982
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: andrew malott, tyler fritzCell: 574-225-2699
Office: whitetail properties real estate
MLS#:202634549
Source:Indiana Regional MLS
Price summary
- Price:$2,000,000
- Price per sq. ft.:$1,709.4
About this home
Rarely does a property offering this combination of size, income potential, recreational value, and improvements become available. This 215± acre property features income-producing acreage, quality wildlife habitat, multiple structures, and a comfortable country home, making it an excellent opportunity for a land investor, outdoorsman, or buyer seeking a private rural retreat. The property includes a 2-bedroom, 1-bath country home with recent updates including a new roof, siding, and windows. The Morton barn features small living quarters, providing additional space for guests, a hunting lodge, or a convenient basecamp. Multiple barns and outbuildings offer substantial storage and workspace for equipment, livestock, hobbies, and agricultural uses. Nearly the entire property is enrolled in the Conservation Reserve Program (CRP), generating more than $30,000 annually while providing excellent wildlife habitat. An additional 6.55± acres are tenant farmed in a corn and soybean rotation, adding another productive income component. Recreational opportunities are abundant. Approximately 7.5± acres are dedicated to food plots and strategic hunting locations, allowing for hunting opportunities across various wind directions and seasonal patterns. Multiple ponds and water sources are found throughout the property, including a stocked main pond. A secluded wetlands area provides excellent waterfowl habitat while also offering quality deer bedding cover. A natural drainage ditch adds additional cover and wildlife travel habitat. Boat access to the lake provides another recreational feature. The diverse habitat supports whitetail deer, turkey, quail, pheasant, ducks, geese, dove, and rabbits. CRP, food plots, mature cover, wetlands, ponds, agricultural ground, and varied terrain create an environment capable of attracting and holding wildlife throughout the year. A mowed trail system provides convenient access for hunting, recreation, maintenance, and property management while helping minimize disturbance to key areas. A mature walnut grove adds further diversity and appeal. With established food plots, wetlands, ponds, mature cover, trails, agricultural income, significant CRP income, and substantial improvements, this property offers a rare combination of income and recreation. Whether your goal is a private hunting destination, dependable land income, country lifestyle, or versatile investment, this 215± acre offering deserves serious consideration....
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Home facts
- Year built:1900
- Subdivision & Development:None
- Listing ID #:202634549
- Added:1 day(s) ago
- Updated:August 24, 2026 at 08:58 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:8
- Dining Description:Main Level
- Kitchen Description:On Main Level
- Basement Description:Partial Basement
- Living area:1,090 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Propane
Structure and exterior
- Roof:Metal, Shingle
- Year built:1900
- Building area:1,090 sq. ft.
- Lot area:215 Acres
- Lot Features:Flood Plain, Partially Wooded, Rolling
- Architectural Style:One and Half Story
- Construction Materials:Aluminum, Metal, Shingle, Vinyl, Wood
- Levels:1 1/2 Stories
Schools
- High school:Manchester Jr/Sr
- Middle school:Manchester Jr/Sr
- Elementary school:Manchester
Utilities
- Water:Well
- Sewer:Septic
Finances and disclosures
- Price:$2,000,000
- Price per sq. ft.:$1,709.4
- Tax amount:$5,925
Parking
- Parking description:Detached, Gravel Driveway, Off Street Parking
- Garage spaces:1
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