Listing courtesy of Coldwell Banker Real Estate Group · Listing agent: Sandy Hatcher · Office: 574-268-3400

ActiveSite-Built Home

8861 S Jannie Lane

$99,900

$118.93 / sq ft

Est. $700/mo

Silver Lake, IN 46982-9112

Original price $115,000 · Price reduced on September 13, 2026

  • On Diamond Lake
  • 1-car garage
Bedrooms
2
Bathrooms
1
Living area
840 sq ft
Lot
0.17 ac
Year built
1962
Type
Site-Built Home
Listed
August 24, 2026
MLS #
202634624

About this home

Back on the market throught no fault of the sellers! Discover the possibilities with this 2-bedroom, 1-bath lakefront home on beautiful Diamond Lake in Kosciusko County. If you’ve been searching for an affordable lakefront property with incredible potential, this is your opportunity. This home needs work and is being sold as-is, making it an excellent choice for buyers with vision, investors, or anyone looking to build equity in a waterfront property. With a little imagination and some work, this home has the potential to become a charming full-time residence, weekend getaway, or investment property. Lakefront homes at this price point are becoming increasingly rare, making this an outstanding opportunity to create value while enjoying all the benefits of lake living. Wake up to beautiful lake views, enjoy your morning coffee by the water, and spend your days boating, fishing, kayaking, paddleboarding, or simply relaxing along the shoreline. Nestled on picturesque 79-acre Diamond Lake, you’ll enjoy the peace of lakeside living while remaining just a short drive from Warsaw, Rochester, and North Manchester for shopping, dining, and everyday conveniences. Known for its clear waters, excellent fishing, and quiet atmosphere, Diamond Lake offers an exceptional lifestyle for those who appreciate nature and recreation. Whether you’re looking for an investment opportunity or dreaming of creating your own lakefront retreat, this property offers the chance to make that vision a reality.

Monthly payment estimate

$700/mo

Principal & interest
$547
Property taxes
$124
Homeowners insurance
$29
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One
Total rooms
5
Total area
840 sq ft
Finished area above grade
840 sq ft
Main level
840 sq ft
Bedrooms above grade
2
Full baths, main level
1
Basement
Crawl Space
Flooring
Carpet, Vinyl
Heating
Natural Gas, Forced Air
Cooling
Window Unit(s)
HVAC
Ceiling Fan
Interior features
Deck on Waterfront, Eat-in Kitchen

Exterior & parking

Style
Cabin
Construction
Vinyl Siding
Roof
Asphalt
Garage spaces
1
Attached garage
No
Garage type
Detached
Garage sq ft
280 sq ft
Private pool
No
New construction
No

Waterfront & lake

Waterfront
Yes
Body of water
Diamond Lake
Water access
Lakefront
Lake type
Non Ski Lake
Water frontage
35 ft
Water feature
Lake

Lot

Lot features
Level, Waterfront
Lot size (acres)
0.17 ac
Lot dimensions
54X140
Location type
Lake
County
Kosciusko County
Township
Seward
Lots
19
Platted
Yes
Planned unit development
No
Directions
SR 15, turn west on 700 south. right on 500 W, Left on Warren Ave, left on Jannie Lane

Schools

Elementary school
Akron
Middle school
Tippe Valley
High school
Tippe Valley
School district
Tippecanoe Valley

Taxes & terms

Annual taxes
$1,484
Tax year
2026
Assessed value
$132,000
Listing terms
Cash
Possession
doc
Parcel number
43-14-26-200-188.000-021

Included in the sale

Included in sale
Microwave,Refrigerator,Window Treatments,Range-Gas,Water Heater Gas,Water Softener-Owned

Utilities

Water
Private
Well
Private
Sewer
Septic Tank
Electric provider
REMC
Gas provider
NIPSCO

Location

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$99,900

2 beds · 1 bath