Waterfront - Primary on Main
Address
7404 W 1400 N, Silver Lake, IN
Price
$ 2,000,000
Property Attributes
- MLS#202634549
- TypeSingle Family
- Listing Status Active
- CountyWABASH
- CitySilver Lake
- AreaPleasant
- Zip46982
- StyleSite-Built Home
- Year Built1900
- Taxes$ 5925
- Price$ 2,000,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1090
- Lot Size215 Acres
Data Source:
Indiana Regional MLS (IRMLS)
Property 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Manchester Elementary School | Manchester Jr/Sr Middle School | Manchester Jr/Sr High School |
| Price History | |
|---|---|
| 8/24/2026 | Listed $2,000,000 |
General Features
| Sewer | Septic |
|---|---|
| Heating | Propane,Forced Air |
| Kitchen Level | Main |
| Cooling | Central Air |
| Laundry Y/N | Main |
| Fireplaces | No |
| Water Access Type | Lakefront |
| Garage | Detached |
| Status | Active |
| Full Baths | 1 |
| Bathrooms | 1 |
| Year Built | 1900 |
| New Construction | No |
| Subdivision | None |
| Style | One and Half Story |
| Township | Pleasant |
| Class | RESIDENTIAL |
| Type | Site-Built Home |
| Age | 126 |
| FIPS Code | 18169 |
| Associated Document Count | 4 |
| REO | No |
| Status | Active |
| Auction Y/N | No |
| Dining Room Level | Main |
| Annual Taxes | 5925.86 |
| Area | Wabash County |
| Location | Rural |
| High School | Manchester Jr/Sr |
| City | Silver Lake |
| School District | Manchester Community |
| Assoc. Dues Frequency | Not Applicable |
| Total Sq Ft | 1170 |
| Elementary School | Manchester |
| Middle School | Manchester Jr/Sr |
| Legal Description | NW1/2 SW1/4 23-50-5 215AC DITCH 637 |
| Virtual Tour | https://www.propertypanorama.com/instaview/irmls/202634549 |
| Agent First Name | Andrew |
| Agent Last Name | Malott |
| DOM | 16 |
| Tax Year | 2026P2027 |
Interior Features
| Basement | Partial Basement |
|---|---|
| Kitchen Length | 10 |
| Laundry Room Width | 6 |
| Laundry Room Length | 6 |
| Kitchen Width | 10 |
| Beds | 2 |
| Total Rooms | 8 |
| Dining Room Length | 10 |
| Dining Room Width | 10 |
| Living Room Width | 10 |
| Living Room Length | 10 |
| Full Baths Main | 1 |
| Total Finished SqFt | 1090 |
| Basement Y/N | Yes |
| Above Grade Bedrooms | 2 |
| 1st Bedroom Level | Upper |
| 1st Bedroom Width | 12 |
| 2nd Bedroom Length | 10 |
| 2nd Bedroom Level | Main |
| 2nd Bedroom Width | 10 |
| Above Grade Finished SqFt | 1090 |
| Below Grade Unfin. SqFt | 80 |
| Living/Great Rm Level | Main |
| Basement Material | Block |
Exterior Features
| Road Surface | Paved |
|---|---|
| Road Access | County |
| Exterior | Aluminum,Metal,Shingle,Vinyl,Wood |
| Water Frontage | 1 |
| Driveway | Gravel |
| Pool | No |
| Waterfront | Lake |
| Garage Length | 30 |
| Garage Width | 14 |
| Lot Size Area | 9365400 |
| Lot Dimensions | 3560 x 2650 |
| Lot Description | Partially Wooded,Rolling,Waterfront,Flood Plain,15+,Lake,Waterfront-Level Bank,Waterfront-Medium Bank |
| Fence | Barb Wire,Woven Wire |
| Garage SqFt | 420 |
| Water Features | Walk to Lake Access |
| Well Type | Private |
| Water Name | Flat Lake |
| Approx. Lot Size Acres | 215 |
| Garage Capacity | 1 |
| Off Street Parking Y/N | Yes |
| ROOF MATERIAL | Metal,Shingle |
| Lake | Other |
| Waterfront Y/N | Yes |
| Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on September 11, 2026 9:03 PM UTC
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