7404 W 1400 N ***, Silver Lake, IN 46982
7404 W 1400 N ***, Silver Lake, IN 46982
7404 W 1400 N ***, Silver Lake, IN 46982
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Mariah Cressy

Mariah Cressy

+1(574) 339-4941
Listed by Whitetail Properties Real Estate
$2,000,000
Est. payment /mo
2 Beds
1 Bath
1,090 SqFt
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Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,090 sqft

MLS Listing ID IRM202634549

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1900

Annual Tax Amount $5,925

Tax Year 2026

Lot Size 215.000 Acres

Acres 215.0

Lot Dimensions 3560 x 2650

Property Sub-Type Site-Built Home

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.

Location

State IN

County Wabash County

Rooms

Basement Partial

Interior

Heating Propane, Forced Air

Fireplace N

Exterior

Parking Features Gravel

Garage Spaces 1.0

Fence Barbed Wire, Wire

Waterfront Description Walk to Lake Access

View Y/N true

Building

Lot Description Part Wooded, Rolling Lot, Waterfront, Flood Plain, 15+, Lake on Lot, Waterfront-Level Bank, Waterfront-Medium Bank

Story One and One Half

Sewer Septic

Water Well

Level or Stories One and One Half

New Construction No

Schools

Elementary Schools Manchester

Middle Schools Manchester Jr/Sr

High Schools Manchester Jr/Sr

School District Manchester Community

Others

Pets Allowed No

Tax ID 85-01-23-300-014.000-012

Acceptable Financing IRM202634549

Listing Terms IRM202634549

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202634549

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Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

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Mariah Cressy

Mariah Cressy

+1(574) 339-4941

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