Save This Old Brick c.1875 Indiana Fixer Upper $50K

$50,000

Every great Indiana fixer upper has a second act. Featuring nearly 1,900 square feet of finished living space, this three-bedroom diamond in the rough sits on a highly convenient in-town lot complete with a detached garage. Step inside, look past the surface, and see the incredible potential waiting to be uncovered.

Realtor Comments

Looking for a home with space, character, and plenty of potential? This home does need repairs and updating and is being sold as-is, but with the right improvements, it has the potential to be a great home or investment. Cash offers only. Utilities are off, so please bring a flashlight for showings.

3bd
1ba
1,881sqft
8,712sqft lot
Circa 1875

More Indiana Properties

108 S Columbia St, Silver Lake, IN 46982

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

-Contact Realtor: Savannah Shepherd

Brokered by The Gingerich Group

-Google Maps

–Niche

Pros

Small-town feel & close-knit community
- Silver Lake is a small community (population under 1,000), which often translates to a more local, neighborly vibe.
Safety / lower crime compared to broader averages
- Several “crime rate” aggregators rank Silver Lake as safer than national averages.
Local schools / district identity
- The town is served by Silver Lake School District (Silver Lake Public Schools).
Town amenities + history
- There’s a Silver Lake Historic District listed on the National Register of Historic Places, which can reflect community character.
Some local businesses
- The Town maintains a list of local businesses (a sign of at least some retail/services staying in town).

Cons

Fewer big-city amenities
- Being small usually means less variety in shopping, nightlife, and specialized services—you may need to drive to larger towns/cities for certain things.
Job market may be limited depending on your field
- Smaller towns often mean fewer employers; you may commute or rely on a narrow set of industries. (One source notes manufacturing as part of local employment context.)
Limited housing/“choice”
- With a small population, you may find fewer neighborhoods/price tiers and fewer “move-in ready” options compared with larger nearby markets.
Outdoor seasons can be weather-dependent
- Like much of Indiana, you can expect winter conditions that may reduce how much you enjoy the outdoors for part of the year. (This is a general Indiana pattern rather than Silver Lake-specific.)