$346,343
SOLD JUN 27, 2025

5363 W Warren Ave Silver Lake, IN 46982

3 Beds
2 Baths
1,272 Sq Ft
4,950 Sq Ft Lot

Recently Sold

$272 Per Sq Ft

1% Below List Price

43 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Primary Bedroom Suite
  • Fireplace in Bedroom
  • Pier or Dock
  • Lake Property
  • Vaulted Ceiling

About This Home

As of June 2025

Right on the sparkling shores of Diamond Lake, this beautifully remodeled lakefront home is waiting for you! Spanning 79 acres you can spend your days kayaking, fishing for bluegill, catfish, largemouth bass, yellow perch, or crappie, and watching the local wildlife from your own backyard. Inside AND OUT, the home has been completely updated with stylish finishes and thoughtful design, including fresh paint, updated light fixtures, and new flooring. The kitchen features all-new stainless steel appliances, fresh cabinetry, a tiled backsplash, a farmhouse sink, and scenic views of the lake. The living room boasts vaulted ceilings, large windows with gorgeous views, and built-in bookshelves that frame a cozy fireplace—creating a warm and inviting space for relaxing or entertaining. Step out onto the brand-new deck to enjoy your morning coffee or unwind in the evening with breathtaking sunsets over the water. Your private owner’s suite is a true retreat, complete with its own fireplace and a fully renovated en-suite bath. A split bedroom layout offers two additional bedrooms and a very spacious, updated full bath with dual vanities, a new tub-shower, and a convenient linen closet. Between the kitchen and garage, you’ll find laundry hookups along with cabinetry and shelving for added storage. The oversized two-car garage has space for both your vehicles and your lake gear! This home has been upgraded throughout, including a new HVAC system, roof, siding, landscaping, water heater, flooring, paint, and more. You'll be pleased with the LOW taxes for lakefront property! Whether you're casting a line at dawn or watching the stars reflect off the lake at night, this Diamond Lake gem is a rare opportunity to live the lakefront lifestyle you’ve always dreamed of.

Last Agent to Sell the Property

James Bausch

RE/MAX Results- Warsaw Brokerage Phone: 574-742-4531 Listed on: 05/08/2025

RE/MAX Results- Warsaw

Last Buyer's Agent

James Bausch

RE/MAX Results- Warsaw Brokerage Phone: 574-742-4531 Listed on: 05/08/2025

RE/MAX Results- Warsaw

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $766

Year Built

  • Built in 1957

Lot Details

  • 4,950 Sq Ft Lot
  • Lot Dimensions are 50x99
  • 50 Feet of Waterfront
  • Lake Front
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,272 Sq Ft Home
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Schools

  • Akron Elementary School
  • Tippe Valley Middle School
  • Tippe Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 43-14-26-200-113.000-021

Community Details

Overview

  • Warren Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$766

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1957
  • Age: 68
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 25-72-61 LOT 12 WARRENS SD
  • Parcel Number ID: 43-14-26-200-113.000-021
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Built-In Bookcase, Ceiling Fan(s), Ceilings-Vaulted, Deck Open, Disposal, Dryer Hook Up Electric, Landscaped, Range/Oven Hook Up Elec, Split Br Floor Plan, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Cross Street: 500 W
  • Improvmnts In Last5 Yrs: Yes
  • Location: Lake
  • Sp Lp Percent: 103.39
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1272
  • Total Finished Sq Ft: 1272
  • Above Grade Finished Sq Ft: 1272
  • Price Per Sq Ft: 272.28
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, 1st Bdrm, Two
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 18x18, On Level: Main
  • Kitchen: Dimensions: 13x8, On Level: Main
  • Dining Room: Dimensions: 8x8, On Level: Main
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 10x10, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Lake Type: Non Ski Lake
  • Water Features: Pier/Dock
  • Water Frontage: 50
  • Water Name: Diamond Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x26
  • Garage Sq Ft: 780
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: NIPSCO
  • Water Type: Lake
  • Well Size: 4 Inches
  • Well Type: Private

Schools

  • School District: Tippecanoe Valley
  • Elementary School: Akron
  • Middle School: Tippe Valley
  • High School: Tippe Valley
  • Elementary School: Akron

Lot Info

  • Lot Description: Waterfront, Lake
  • Lot Dimensions: 50X99
  • Estimated Lot Sq Ft: 4950
  • Estimated Lot Size Acres: 0.11
  • Lot Number: 12

Tax Info

  • Annual Taxes: 766
  • Exemptions: Homestead

Multi Family

  • Water Access: Lakefront

MLS Schools

  • High School: Tippe Valley
  • Middle School: Tippe Valley
  • School District: Tippecanoe Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Jun 27, 2025
Sold by
Sweet 7 Llc
Bought by
Roop Timothy W
Seller's Agent
James Bausch
RE/MAX Results- Warsaw
Buyer's Agent
James Bausch
RE/MAX Results- Warsaw
List Price
$349,000
Sold Price
$346,343
Premium/Discount to List
-$2,657
-0.76%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.08%
Original Mortgage
$125,000
Outstanding Balance
$125,000
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$201,765

Purchase Details

Closed on
Oct 30, 2024
Sold by
Sweet Beginnings Maple Llc
Bought by
Sweet 7 Llc
Source: Public Records

Range of Values:

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Average Value
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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 -- Fidelity National Title
Warranty Deed $140,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 New Conventional
Previous Owner $71,641 New Conventional
Previous Owner $33,600 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $346,343 +3.4% $272 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
05/28/2025 05/28/25 Price Changed $335,000 -4.0% $263 / Sq Ft
05/08/2025 05/08/25 For Sale $349,000 -- $274 / 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 $1,831 $149,300 $27,500 $121,800
2023 $1,769 $142,300 $25,500 $116,800
2022 $1,620 $125,600 $22,500 $103,100
2021 $1,502 $108,600 $22,500 $86,100
2020 $1,369 $95,500 $17,000 $78,500
2019 $1,260 $91,000 $16,300 $74,700
2018 $1,384 $100,600 $16,300 $84,300
2017 $1,256 $96,300 $16,300 $80,000
2016 $410 $92,500 $15,000 $77,500
2014 $323 $88,600 $15,000 $73,600
2013 $323 $91,200 $15,000 $76,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202516664

Indiana Regional MLS

APN: 43-14-26-200-113.000-021