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$1,600,000 ↓$150,000on 10/16/2024

3977 E Nicholson Hollow Road Salem, IN  47167

  • 3 Beds
  • 3 Baths
  • 2,250 sq. Ft

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Property Description for 3977 E Nicholson Hollow Road Salem, IN 47167

Tucked away and surrounded by privacy you'll find 222 acres of prime farmland and hunting ground. Custom built 2021 home with 2250 sq ft of finished living space, including an open floor plan, 3 bedrooms and 2 and one half bathrooms. The full, unfinished, walkout basement has the ability to add 2 more bedrooms. The kitchen boasts solid cherry cabinets and new hardwood floors in the living dining and main bedrrom. New metal roof and gutters June 2024 There is approximately 3,000 ft of road frontage and Delaney Creek runs through the property. Currently soy beans are planted on approximately 55 acres. A small portion of the woods was thinned out and logged 12 years ago, leaving many White Oaks prime to log now. There are logging paths cutting through the woods allowing for great hunting trails. Large deer everywhere, state park land is adjacent to property. Home is on a well with a whole house water filter. Fireplace was recently switched to gas insert but can easily convert back to wood.

Address:3977 E Nicholson Hollow Road Salem IN 47167
Status:Active
on site: 113 days
Price:$1,600,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,250
Year Built:2001
Lot Size:222.00
County: Washington
Township: Monroe
MLS #:2024010211
Property Type:Farm

Lot Dimensions:9670320
Lot Features:Secluded
Water Source:Well
Directions:From Salem take Delaney Park Rd to E Nicholson Hollow Rd
Upper Level Sq. Ft. :2,250
Total Sq. Ft. :2,250
Sq. Ft. Source:Assessor
Basement:Yes

Loan Price
$9,371
Price And Interest $8,346/month
Property Tax $358/month
MTG INS $0/month
HOME INS $667/month
Price
$1,600,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$358/month
Home Owner Insurance
$8,004 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/16/24 $1,750,000 $1,600,000 -8.57%

RoomSizeLevel
Other 27 x 50 Lower
Bedroom 17.10 x 18 Second
Bedroom 17.10 x 18.9 Second
PrimaryBedroom 16.6 x 18.9 First
DiningRoom 12.5 x 13.11 First
Kitchen 12.5 x 18.8 First
LivingRoom 11.7 x 33.6 First

Semi-Annual Property Tax:$2,146
Mandatory HOA Fee:$

City:Salem
Zip Code:47167

Total Sq. Ft.:2,250
Interior Features:KitchenIsland, BathInPrimaryBedroom, MainLevelPrimary, VaultedCeilings, WalkInClosets
Appliances:Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
Porch / Patio:Covered, Porch
Exterior Features:Porch
Fireplace(s):Insert, Gas
Cool:CentralAir
Heat:HeatPump
Total Rooms:7
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Marla Brennan with XO Realty, Inc

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

231
Avg. DOM
$124.91
Avg. $ / Sq.Ft.
$ 221,950
Med. List Price

The house prices in Salem are indeed dropping at the moment. There has been a decrease in price of $210,857.50. 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 $199,900.00 and the average price per square feet is $121.97 per square feet. At the moment, the amount of homes listed is exactly 51 houses, with 13 with active status, 3 with pending status and 35 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 $2,229.86. 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 96 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 1676 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Salem is $599,900.00. 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 $42,900.00 . 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 1928 and the newest built house is in year 2008.

The average size of properties in Salem is 2330.77 sq.ft. , the biggest one being 4026 sq.ft. and the smaller being 980 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.