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Property Description for 5155 E State Road 56 Salem, IN 47167
INVESTMENT OPPORTUNITY ON HIGH TRAFFIC STATE HIGHWAY 56. Investors take note of this business opportunity! Successful and profitable convenient store/gas station located on a rural stretch of heavily traveled highway. Its paved corner lot offers plenty of parking room and visibility. The Deli offers hot meals and cold sandwiches that are made to go or you can conveniently eat at the counter area. The Retail building totals 5,700 SF, 6 BRAND NEW COMPUTERIZED gas pumps with an additional gas pump that allows customers the option of off road diesel and kerosene, a large walk-in cooler, and a freezer. Shelving included. ADDITIONAL office space with a separate entrance that can be leased out for an additional source of income. ABSOLUTELY NO LEASING!
Address:5155 E State Road 56 Salem IN 47167
Status:Sold
Sold On: 12/19/2023
Price:$588,000
Bathrooms:0
Sq. Feet:5,724
Year Built:2003
Lot Size:0.87
County: Washington
Township: Franklin
MLS #:202209435
Property Type:Office
Lot Dimensions:37897.2
Directions:I-65 exit 29, 56 west approx. 12 miles. From Salem, JCT 56/135/60, Approx. 56 E. 9 miles
Total Sq. Ft. :5,724
Sq. Ft. Source:Assessor
Semi-Annual Property Tax:$2,436
Tax Year:2017
Mandatory HOA Fee:$
Total Sq. Ft.:5,724
Exterior Type:Frame
Tucker Customer Care
Additional Phone (317) 954-4768
Email customerservice@talktotucker.com
F.C. Tucker Company
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Listing provided courtesy of Hannah Brickey with eXp Realty, LLC
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Salem Market Report
165
Avg. DOM
$168.4
Avg. $ / Sq.Ft.
$ 222,000
Med. List Price
The house prices in Salem are indeed dropping at the moment. There has been a decrease in price of $0.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
The housing market and house prices in Salem are going Down. The average house price is $214,900.00 and the average price per square feet is $130.66 per square feet. At the moment, the amount of homes listed is exactly 91 houses, with 12 with active status, 8 with pending status and 71 sold in Salem .
The most popular place to buy a home in Salem is 8806 - Washington - Washington. 8806 - Washington - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Salem .
The average amount of property taxes you would have to pay for a home in Salem is $1,569.60. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.
Properties in Salem are staying listed for an average of 74 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.
The last home listed in Salem was 878 minutes ago.
At the moment we have 0 open houses that you can visit.
The cost of the most expensive home in Salem is $329,900.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.
The cost of the cheapest home in Salem is $74,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.
The date of the oldest built home in Salem in year 1900 and the newest built house is in year 2006.
The average size of properties in Salem is 1797.42 sq.ft. , the biggest one being 4128 sq.ft. and the smaller being 1056 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.