$199,900
UNDER CONTRACT

501 E Main St Silver Lake, IN 46982

Estimated payment $1,193/month

Total Views 293
3 Beds
2.5 Baths
1,928 Sq Ft
$104 Price per Sq Ft

Highlights

  • Hot Property
  • Primary Bedroom Suite
  • Porch
  • Edgewood Middle School Rated A
  • Corner Lot
  • Walk-In Closet

About This Home

Welcome 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.

Listing Agent

Savannah Shepherd

The Gingerich Group Listed on: 08/13/2025

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,245

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1880
  • Age: 145
  • Style: One and Half Story
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 18-31-15 STP E LOT 16 HOMANS ADD 5-30-6 .13A
  • Parcel Number ID: 43-18-05-300-780.000-014
  • Platted: Yes
  • Amenities: Closet(s) Walk-in, Deck Open, Porch Open, Main Level Bedroom Suite
  • Inside City Limits: Yes
  • Year Taxes Payable: 2024 Pay 2025
  • Special Features: UnderContract
  • Stories: 1

Interior Features

  • Total Sq Ft: 2202
  • Total Finished Sq Ft: 1928
  • Above Grade Finished Sq Ft: 1928
  • Below Grade Sq Ft: 274
  • Price Per Sq Ft: 103.68
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 15x15, On Level: Main
  • Kitchen: Dimensions: 12x16, On Level: Main
  • Dining Room: Dimensions: 15x15, On Level: Main
  • Bedroom 1: Dimensions: 12x9, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 274

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Vinyl

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 66x88
  • Estimated Lot Sq Ft: 5663
  • Estimated Lot Size Acres: 0.13

Tax Info

  • Annual Taxes: 1245.4

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,593 $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

Property History

Date Event Price Change Sq Ft Price
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
11/10/2020 11/10/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $125,000 -- $83 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
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 $116,900 New Conventional
Previous Owner $122,735 FHA
Previous Owner $99,481 New Conventional
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 202532141

Indiana Regional MLS

APN: 43-18-05-300-780.000-014