New

Virtual Tour

$2,000,000

For Sale

21 hours ago

7404 W 1400 N, Silver Lake, IN

House

MLS® 202634549

2 Bed

1 Bath

1170 sqft

1 Parking

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1170 sqft

Garage Yes

Taxes $5,926

Days Active 2

Lot Size 215 Acres

Approx. Age 1900

Avg. Price Per Sqft $1,709

MLS® Number 202634549

Property Address: 7404 W 1400 N, Silver Lake, IN, 46982

Average square foot calculated using Size range provided by listing agent.

Description

Rarely does a property offering this combination of size, income potential, recreational value, and improvements become available. This 215± acre property features income-producing acreage, quality wildlife habitat, multiple structures, and a comfortable country home, making it an excellent opportunity for a land investor, outdoorsman, or buyer seeking a private rural retreat. The property includes a 2-bedroom, 1-bath country home with recent updates including a new roof, siding, and windows. The Morton barn features small living quarters, providing additional space for guests, a hunting lodge, or a convenient basecamp. Multiple barns and outbuildings offer substantial storage and workspace for equipment, livestock, hobbies, and agricultural uses. Nearly the entire property is enrolled in the Conservation Reserve Program (CRP), generating more than $30, 000 annually while providing excellent wildlife habitat. An additional 6.55± acres are tenant farmed in a corn and soybean rotation, adding another productive income component. Recreational opportunities are abundant. Approximately 7.5± acres are dedicated to food plots and strategic hunting locations, allowing for hunting opportunities across various wind directions and seasonal patterns. Multiple ponds and water sources are found throughout the property, including a stocked main pond. A secluded wetlands area provides excellent waterfowl habitat while also offering quality deer bedding cover. A natural drainage ditch adds additional cover and wildlife travel habitat. Boat access to the lake provides another recreational feature. The diverse habitat supports whitetail deer, turkey, quail, pheasant, ducks, geese, dove, and rabbits. CRP, food plots, mature cover, wetlands, ponds, agricultural ground, and varied terrain create an environment capable of attracting and holding wildlife throughout the year. A mowed trail system provides convenient access for hunting, recreation, maintenance, and property management while helping minimize disturbance to key areas. A mature walnut grove adds further diversity and appeal. With established food plots, wetlands, ponds, mature cover, trails, agricultural income, significant CRP income, and substantial improvements, this property offers a rare combination of income and recreation. Whether your goal is a private hunting destination, dependable land income, country lifestyle, or versatile investment, this 215± acre offering deserves serious consideration.

MLS® Number202634549

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1900

BasementPartial

DrivewayGravel

Garage Spaces

HeatPropane, Forced Air

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 24, 2026List Date

$2,000,000List Price

Commute

Commute

Starting Address

Destination Address

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