Wabash County
215± Acres With Country Home, Outbuildings, CRP Income And Premier Hunting
7404 West 1400 North Silver Lake, IN 46982
Media
Description
Rarely does a property of this size, income potential, recreational value, and improvements become available in one package. This 215± acre property offers an exceptional combination of income-producing acreage, quality wildlife habitat, multiple structures, and a comfortable country home, creating an outstanding opportunity for the land investor, serious outdoorsman, or buyer looking for a private rural retreat. The property features a 2-bedroom, 1-bath country home that has seen several recent updates, including a new roof, siding, and windows. The home provides a comfortable place to live, use as a rental, or serve as a convenient basecamp during hunting season. Additional living space is available in the Morton barn, which includes small living quarters and could provide an excellent setup for visiting family and friends, a hunting lodge, or an additional private space to stay while enjoying the property. Multiple additional barns and outbuildings provide substantial storage and workspace for equipment, livestock, hobbies, or other agricultural uses. From an income standpoint, this property is particularly attractive.
Nearly the entire property is enrolled in the Conservation Reserve Program (CRP), generating more than $30,000 annually while providing excellent wildlife habitat across much of the acreage. An additional 6.55± acres are currently tenant farmed in a corn and soybean rotation, adding another productive component to the property. The existing home and outbuildings also offer potential for additional rental or income-producing opportunities. For the recreational buyer, the habitat diversity is a major highlight. Approximately 7.5± acres are dedicated to food plots and strategic hunting locations, providing valuable forage and creating opportunities to hunt in a variety of wind directions and seasonal patterns. Ponds and other water sources are scattered throughout the property, with the main pond stocked with fish and offering an additional recreational opportunity. A secluded wetland area offers an excellent setup for waterfowl hunting while also providing quality deer bedding habitat and a secure setting for wildlife. A natural drainage ditch runs through the property, providing additional cover, travel habitat, and natural diversity for wildlife. There is also an area for launching a boat into the lake, adding another recreational feature to this already diverse property. The habitat supports a tremendous variety of wildlife, including whitetail deer, wild turkey, quail, pheasant, ducks, geese, dove, and rabbits. The combination of CRP, food plots, mature cover, wetlands, ponds, agricultural ground, and varying terrain provides the ingredients needed to hold and attract wildlife throughout the year. The property also features a mowed trail system that winds throughout the acreage, providing convenient access for hunting, property management, recreation, and maintenance while helping minimize disturbance to key wildlife areas. A mature walnut grove on the northern portion of the property adds another attractive feature and further diversifies the habitat. The combination of mature trees, rolling fields, established cover, open ground, wetlands, and water creates a property with tremendous recreational appeal and long-term potential. Whether your goal is to establish a private hunting destination, generate dependable land income, enjoy a peaceful country lifestyle, or acquire a versatile investment property, this 215± acre offering deserves serious consideration. Properties combining this level of CRP income, hunting habitat, improvements, agricultural income, and recreational opportunities are increasingly difficult to find. With a country home, a Morton barn with living quarters, multiple outbuildings, established food plots, ponds, wetlands, trails, mature timber, and significant annual CRP income, this property is a unique opportunity to own a substantial, highly functional piece of Indiana land.
Summary
Address
Approximate Distances
Property
Land Details
Timber
Tillable
Enrolled in Government Program
Grass
Open
Pond
Lake
Utilities
Improvements/Features
Small Game, Big Game, Upland Game, Predators, Waterfowl, Fish, Wetlands, Livestock Facilities, Food Plot, Tree Stands/Blinds, Trail Network, Seller's Mineral Rights Convey
Details
- 215± total acres
- 2-bedroom, 1-bath country home
- New roof, siding, and windows on the home
- More than $30,000 in annual CRP income
- Nearly entire property enrolled in CRP
- Additional 6.55± acres of tenant-farmed cropland
- Corn and soybean crop rotation
- Morton barn with small living quarters
- Multiple additional barns and outbuildings
- Potential rental income from the home and improvements
- Approximately 7.5± acres of established food plots
- Multiple strategic hunting and blind locations
- Excellent whitetail deer habitat
- Strong turkey hunting opportunities
- Diverse wildlife including pheasant, quail, ducks, geese, dove, and rabbits
- Stocked pond offering fishing and additional recreation
- Secluded wetlands area ideal for waterfowl hunting
- Wetlands also provide quality deer bedding habitat
- Natural drainage ditch provides additional wildlife travel and cover
- Boat launch access into the lake
- Mowed trail system throughout the property
- Mature walnut grove on the northern portion
- Rolling terrain with diverse cover and habitat
- Excellent combination of recreational and income-producing land
- Peaceful rural setting with multiple potential uses
Area Links
Other
Housing
2BD / 1BA / 0HB
1090± sqft
Built in 1900
2BD / 1BA / 0HB
576± sqft
Built in 2006
Coordinates
Annual Taxes
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer's Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker or Seller. The Broker (Whitetail Properties) does not assume liability for typographical errors, misprints, nor for misinformation that may have been given to us. All property is subject to change, withdrawal, or prior sale. Whitetail Properties Real Estate, LLC DBA Whitetail Properties, DBA Whitetail Properties Real Estate. In the States of Nebraska & North Dakota DBA Whitetail Trophy Properties Real Estate LLC. Licensed in CO, MN, ND, SD, TN & WI - Jeffrey Evans, Broker. Licensed in FL, KS & MO - Jefferson Kirk Gilbert, Broker. Licensed in TX - Joey Bellington, Broker. Licensed in IN - Dan Bates, Broker. Licensed in AL, MS, LA, - Todd Edwards, Broker. Licensed in TN – Thomas Crutcher, Broker. Licensed in TN & MS- Josh Monk, Broker. Licensed in AR - Anthony Chrisco, Broker. Licensed in NC, SC, VA - Chip Camp, Broker. Licensed in IA, - Richard F. Baugh, Broker. Licensed in IL, MI – Ronnie Strong, Broker. Licensed in IL, MD, WV - Debbie S. Laux, Broker. Licensed in ID, MT, OR, UT, WA, WY & NV, AZ - Aaron Milliken, Broker. Licensed in NY - John Myers, Real Estate Broker. Licensed in OK - Dean Anderson, Broker. Licensed in KY, ME, NH, NM & VT - Derek Fisher, Broker. Licensed in OH - Jeremy Schaefer, Principal Broker. Licensed in NE - Jason Schendt, Broker. Licensed in PA- Jack Brown, Broker. Licensed in GA – Grantson Martin, Broker.