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    7404 W 1400 N Silver Lake, IN 46982

    For Sale
    $2,400,000

    Residential Land - Silver Lake, IN

    Lot size:
    215.00 Acres
    Days on Market:
    107
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 7404 W 1400 N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    85-01-23-300-014.000-012
    Exterior features
    Barn, House
    Lot size
    215.00 Acres

    Building Details

    Architectural style
    Other
    Additional Structures
    Barn(s)

    Metzger Property Services, LLC (260) 982-0238

    Listing agent Chad Metzger (260) 982-0238 License #RB14045939

    Listing date Aug 21, 2025

    MLS# 202533055 Listing URL

    Copyright © 2025 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    215 Acres Hunter's Paradise

    This property features 215 acres of scenic, income-generating, wildlife-rich land. It includes a 2-bedroom, 1-bath country home with recent updates including a new roof, siding, and windows. A brand-new Morton barn with small living quarters offers potential for guests, a hunting lodge setup, or added rental income. Multiple additional barns and outbuildings provide flexible space for livestock, equipment, or hobby farming. Nearly the entire acreage is enrolled in the Conservation Reserve Program (CRP), generating over $30k per year in income while supporting well-managed, high-quality habitat. An additional 8 acres are currently tenant farmed. The land offers hunting opportunities for whitetail deer, turkey, quail, pheasant, ducks, geese, dove, and rabbits, with ponds and food plots, rolling fields, mature cover, and diverse terrain. This property is located in Silver Lake, IN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Silver Lake
    County
    Kosciusko
    State
    Indiana
    Longitude
    -85.934272
    Latitude
    41.029182

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    FAQs

    What type of property is this?
    Farm - 215 acre income-generating land with home and outbuildings.
    Where is this farm located?
    The property is located at 7404 W 1400 N Silver Lake, IN.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - 215 Acres of Prime Hunting Land: Abundant wildlife including deer, turkey, quail, pheasant, ducks, geese, dove, and rabbits, with ponds, food plots, and diverse terrain.; - Significant Income Generation: Over $30,000 annually from CRP enrollment, plus potential rental income from the home and outbuildings.; - New Morton Barn with Living Quarters: Ideal for guests, hunting lodge, or rental, adding versatility and value.
    (260) 982-0238
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    Silver Lake, IN 46982
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7404 W 1400 N Silver Lake, IN 46982
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