Seller's Agent in 2025
Savannah Shepherd
The Gingerich Group
(260) 667-7581
78 Total Sales
501 E Main St Silver Lake, IN 46982
3
Beds
2.5
Baths
1,928
Sq Ft
5,663
Sq Ft Lot
Highlights
- Primary Bedroom Suite
- Corner Lot
- Walk-In Closet
- Edgewood Middle School Rated A
- Porch
- Forced Air Heating and Cooling System
About This Home
As of September 2025Welcome to this beautifully updated 3-bedroom, 2.5-bathroom home in the heart of Silver Lake, offering almost 2,000 finished square feet of style and everyday functionality. Recent updates include newer windows, fresh paint, updated flooring, a brand new metal roof, and a new gravel driveway, while the updated kitchen comes complete with all appliances that stay. The home features gas forced-air heat and central AC for year-round comfort, and the fenced-in backyard provides the perfect space for relaxing. Move-in ready and thoughtfully updated, this home is ready for its next chapter.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,245
Year Built
- Built in 1880
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 66x88
- Vinyl Fence
- Corner Lot
- Level Lot
- Property is zoned R1
Home Design
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 1.5-Story Property
- Partially Finished Basement
- Crawl Space
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
Parking
- Gravel Driveway
- Off-Street Parking
Schools
- Claypool Elementary School
- Edgewood Middle School
- Warsaw High School
Additional Features
- Porch
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 43-18-05-300-780.000-014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2025
Closed on
Sep 9, 2025
Sold by
Hl Investments Llc
Bought by
Perkins Shannon
Seller's Agent
Savannah Shepherd
The Gingerich Group
Buyer's Agent
Savannah Shepherd
The Gingerich Group
List Price
$199,900
Sold Price
$199,900
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.17%
Original Mortgage
$102,900
Outstanding Balance
$102,900
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$94,798
Purchase Details
Closed on
May 6, 2025
Sold by
Freedom Mortgage Corporation
Bought by
Hl Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,900
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 28, 2025
Sold by
Kosciusko County Sheriff
Bought by
Freedom Mortgage Corporation
Purchase Details
Listed on
Oct 29, 2020
Closed on
Jan 5, 2021
Sold by
Skees Melissa M and Baker Melissa M
Bought by
Thomas Kyle C
Seller's Agent
Kyle Ness
Ness Bros. Realtors & Auctioneers
Buyer's Agent
Brian Powell
Re/Max Lakes
List Price
$125,000
Sold Price
$125,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$122,735
Interest Rate
2.7%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 29, 2010
Sold by
Carr Michael L
Bought by
Skees Melissa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,481
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 24, 2000
Sold by
Varney William G
Bought by
Farmer Charlie O and Farmer Janette R
Purchase Details
Closed on
Apr 3, 2000
Sold by
Cain Loretta J
Bought by
Varney William G
Purchase Details
Closed on
Dec 30, 1999
Sold by
Carr Milton R and Jtwos Edith
Bought by
Carr Milton R and Carr Michael L
Purchase Details
Closed on
May 31, 1996
Sold by
Carr Milton R and Carr Edith I
Bought by
Lloyd Casey J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Special Warranty Deed | -- | None Listed On Document | |
| Sheriffs Deed | $109,340 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Contract Of Sale | -- | -- | |
| Warranty Deed | $8,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $2,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $102,900 | New Conventional | |
| Previous Owner | $116,900 | New Conventional | |
| Previous Owner | $122,735 | FHA | |
| Previous Owner | $99,481 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/09/2025 09/09/25 | Sold | $199,900 | 0.0% | $104 / Sq Ft | |
| 08/13/2025 08/13/25 | For Sale | $199,900 | +59.9% | $104 / Sq Ft | |
| 01/05/2021 01/05/21 | Sold | $125,000 | 0.0% | $83 / Sq Ft | View Prior Sale |
| 11/10/2020 11/10/20 | Pending | -- | -- | -- | |
| 10/29/2020 10/29/20 | For Sale | $125,000 | -- | $83 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,225 | $125,600 | $8,800 | $116,800 |
| 2023 | $1,172 | $119,100 | $8,800 | $110,300 |
| 2022 | $921 | $100,700 | $7,800 | $92,900 |
| 2021 | $631 | $83,900 | $7,800 | $76,100 |
| 2020 | $672 | $86,300 | $6,100 | $80,200 |
| 2019 | $651 | $86,300 | $6,100 | $80,200 |
| 2018 | $637 | $84,600 | $6,100 | $78,500 |
| 2017 | $583 | $82,800 | $6,100 | $76,700 |
| 2016 | $515 | $78,200 | $4,700 | $73,500 |
| 2014 | $583 | $85,000 | $4,700 | $80,300 |
| 2013 | $583 | $85,000 | $4,700 | $80,300 |
Source: Public Records
Agents Affiliated with this Home
-
Savannah Shepherd
-
Kyle Ness
Seller's Agent in 2021
Kyle Ness
Ness Bros. Realtors & Auctioneers
(260) 417-2056
185 Total Sales
-
B
Buyer's Agent in 2021
Brian Powell
RE/MAX
Map
Source: Indiana Regional MLS
MLS Number: 202532141
APN: 43-18-05-300-780.000-014
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