$55,000
SOLD AUG 12, 2025

2238 W 1200 S Silver Lake, IN 46982

1 Acre
$55,000 Price per Acre
43,560 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

14% Below List Price

112 Days on Market

Highlights

  • Senior Community
  • Pole Barn
  • Agricultural

About This Lot

As of August 2025

Back on Market at No Fault of the Seller! Potential Building Site with Pole Barn! Build your dream home on this 1 acre parcel of land, complete with a 30x40 pole barn equipped with electricity. This site also features an existing well and septic system, making it an ideal choice for a potential residential home. The pole barn provides ample storage or workspace, while the established utilities simplify the building process. Don’t miss your chance to turn this exceptional site into your dream home!

Last Agent to Sell the Property

Tiffany Reimer

Metzger Property Services, LLC Brokerage Email: chad@metzgerauction.com Listed on: 04/01/2025

Last Buyer's Agent

Kim Beaman

Re/Max Lakes

Re/Max Lakes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $232

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 100x380
  • Property fronts a county road
  • Property fronts an easement
  • Rural Setting
  • Finished Lot(s)
  • Property is zoned A1

Schools

  • Claypool Elementary School
  • Edgewood Middle School
  • Warsaw High School

Farming

  • Agricultural

Utilities

  • Well
  • Septic System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 43-18-08-200-042.000-013

Community Details

Overview

  • Senior Community

Recreation

  • Pole Barn

Property Details

Property Type

Land

Est. Annual Taxes

$232

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 35-68-4 TR IN W 60.00A E 1/2 SE 8-30-6 1.00A
  • Parcel Number ID: 43-18-08-200-042.000-013
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Tar and Stone
  • Sp Lp Percent: 91.82
  • Parcel Description: 0-2.9999
  • Type of Sale: Traditional
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Agriculture, Residential, Recreational
  • County Zoning: A1
  • Year Taxes Payable: 2025
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Well
  • Electricity Type: Available
  • Sewer Type: Septic

Schools

  • School District: Warsaw Community
  • Elementary School: Claypool
  • Middle School: Edgewood
  • High School: Warsaw
  • Elementary School: Claypool

Lot Info

  • Lot Dimensions: 100x380
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1
  • Easements: Yes
  • Land Features: Pole Barn

Tax Info

  • Annual Taxes: 232.02
  • Exemptions: Homestead, Over 65, Supplemental

MLS Schools

  • High School: Warsaw
  • Middle School: Edgewood
  • School District: Warsaw Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2025
Closed on
Aug 12, 2025
Sold by
Harp Development Llc
Bought by
Zellers James D
Seller's Agent
Tiffany Reimer
Metzger Property Services, LLC
Buyer's Agent
Kim Beaman
Re/Max Lakes
List Price
$64,000
Sold Price
$55,000
Premium/Discount to List
-$9,000
-14.06%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34421.71%
Original Mortgage
$27,500
Outstanding Balance
$27,500
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$71,167

Purchase Details

Listed on
Aug 19, 2024
Closed on
Aug 29, 2024
Sold by
Allen Effie
Bought by
Harp Development Llc
Seller's Agent
Keli Cordill
Tri Oaks Realty
Buyer's Agent
Keli Cordill
Tri Oaks Realty
List Price
$24,000
Sold Price
$24,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.39%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $24,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $27,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Sold $55,000 -8.2% $45 / Sq Ft
07/22/2025 07/22/25 Pending -- -- --
06/23/2025 06/23/25 Price Changed $59,900 -6.4% $49 / Sq Ft
04/01/2025 04/01/25 For Sale $64,000 +166.7% $52 / Sq Ft
08/29/2024 08/29/24 Sold $24,000 0.0% $20 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $24,000 -- $20 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $232 $114,900 $18,000 $96,900
2023 $203 $111,100 $18,000 $93,100
2022 $175 $99,700 $18,000 $81,700
2021 $172 $89,500 $18,000 $71,500
2020 $173 $84,100 $18,000 $66,100
2019 $170 $80,900 $18,000 $62,900
2018 $312 $77,800 $18,000 $59,800
2017 $287 $75,700 $18,000 $57,700
2016 $308 $75,400 $18,000 $57,400
2014 $275 $72,500 $18,000 $54,500
2013 $275 $76,800 $18,000 $58,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202510677

Indiana Regional MLS

APN: 43-18-08-200-042.000-013