New $2,000,000 · 215± Acres

Wabash County

215± Acres With Country Home, Outbuildings, CRP Income And Premier Hunting

7404 West 1400 North Silver Lake, IN 46982

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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

7404 West 1400 North

Silver Lake, IN 46982

Wabash County

Get Directions

Approximate Distances

5.1 mi Akron
11 mi North Manchester
16 mi Rochester
17 mi Warsaw
45 mi Fort Wayne

Property

Property Type
Farms, Recreational Land, Residential Land, Timberland, Hunting Land, Lakefront
Road Frontage
County Road
Road Surface
Pavement
Fencing
Low Fence
Outbuildings
Metal, Shop, Barn, Garage

Land Details

Timber

Tillable

Enrolled in Government Program

Grass

Open

Pond

Lake

Utilities

electric
Onsite
propane
Onsite
septic
Onsite
internet
Onsite
water
Onsite

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


Other

Housing

#1 Home
2BD / 1BA / 0HB
1090± sqft
Built in 1900
#2 Outbuilding
2BD / 1BA / 0HB
576± sqft
Built in 2006

Coordinates

41.0323, -85.9395

Annual Taxes

$5,925

Andrew Malott

Tyler Fritz

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