$2,400,000

7404 W 1400 N Silver Lake, IN 46982

Estimated payment $13,575/month

Total Views 532
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Barn
  • 215 Acre Lot
  • Agricultural
  • Waterfront
  • Lake, Pond or Stream

About This Home

Hunter's Paradise! 215+/- Acres with Country Home, Outbuildings & Premier Hunting! Rare opportunity to own 215± scenic acres of income-generating, wildlife-rich land complete with a 2-bedroom, 1-bath country home and a host of valuable improvements. The home features recent updates including a new roof, siding, and windows. The property boasts a brand-new Morton barn with small living quarters, perfect for guests, a hunting lodge setup, or added rental potential. Multiple additional barns and outbuildings offer flexible space for livestock, equipment, or hobby farming. Nearly the entire acreage is enrolled in the Conservation Reserve Program (CRP), providing steady annual income while supporting well-managed, high-quality habitat. An additional 8 acres are currently tenant farmed. This land offers outstanding hunting for whitetail deer, turkey, quail, pheasant, ducks, geese, dove, and rabbits. With ponds and food plots throughout, plus rolling fields, mature cover, and diverse terrain, it’s a dream setup for any outdoor enthusiast. This property generates over $30k/year in CRP income with additional income potential from the home & outbuildings! Whether you're seeking a peaceful rural lifestyle, a recreational retreat, or a productive investment property, this unique offering checks every box.

Listing Agent

Chad Metzger

Metzger Property Services, LLC Brokerage Email: chad@metzgerauction.com Listed on: 08/19/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,975

Lot Details

  • 215 Acre Lot
  • Lot Dimensions are 3500x2500
  • Waterfront
  • Property fronts a county road
  • Property fronts an easement
  • Rural Setting
  • Property is zoned A2

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Manchester Elementary And Middle School
  • Manchester Jr/Sr High School

Farming

  • Barn
  • Agricultural

Utilities

  • Well
  • Septic System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 85-01-23-300-014.000-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,975

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: N1/2 SW1/4 23-30-5 215AC DITCH 637
  • Parcel Number ID: 85-01-23-300-014.000-012
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Tar and Stone
  • Parcel Description: Partially Wooded, 15+
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Agriculture, Residential, Recreational
  • County Zoning: A2
  • Year Taxes Payable: 2025
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

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

Schools

  • School District: Manchester Community
  • Elementary School: Manchester
  • Middle School: Manchester
  • High School: Manchester Jr/Sr
  • Elementary School: Manchester

Lot Info

  • Lot Dimensions: 3500x2500
  • Estimated Lot Sq Ft: 9365400
  • Estimated Lot Size Acres: 215
  • Easements: Yes
  • Land Features: Barn, House

Tax Info

  • Annual Taxes: 5974.86
  • Exemptions: Homestead, Supplemental

MLS Schools

  • High School: Manchester Jr/Sr
  • Middle School: Manchester
  • School District: Manchester 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 $5,926 $432,700 $310,900 $121,800
2023 $5,512 $425,700 $303,500 $122,200
2022 $4,873 $359,500 $243,400 $116,100
2021 $4,133 $310,600 $208,700 $101,900
2020 $4,482 $303,200 $207,300 $95,900
2019 $4,622 $341,800 $249,500 $92,300
2018 $4,419 $353,100 $257,100 $96,000
2017 $4,462 $387,900 $293,200 $94,700
2016 $4,477 $399,800 $309,600 $90,200
2014 $4,028 $412,100 $329,100 $83,000
2013 $3,854 $364,800 $284,600 $80,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $2,400,000 -- --
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202533055

Indiana Regional MLS

APN: 85-01-23-300-014.000-012