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$154,900 $10,000on 2/4/2024

509 N High Street Salem, IN  47167

  • 4 Beds
  • 3 Baths
  • 2,261 sq. Ft

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Property Description for 509 N High Street Salem, IN 47167

Income producing property. Triplex, Two 1 bedroom apartments, One 2 bedroom apartment. All on separate electrical meters. Coin operated washer/dryers stay! Lots of parking available! Note: Metal roof installed 2018, all NEW baseboard heat/winodw AC units.

Address:509 N High Street Salem IN 47167
Status:Active
on site: 336 days
Price:$154,900
Bedrooms:4 Beds
Bathrooms:3 Full Baths
Sq. Feet:2,261
Year Built:1940
Lot Size:0.30
County: Washington
Township: Washington
MLS #:21922764
Property Type:Single Family Residence

Lot Dimensions:13068
Water Source:Community Water
Directions:From Scottsburg, follow 56W, once you enter Salem (turn right onto High Street before CVS), home is on the right, 509 N High Street
Main Level Sq. Ft. :1,292
Upper Level Sq. Ft. :646
Total Sq. Ft. :2,261
Basement:Yes

Loan Price
$1,097
Price And Interest $808/month
Property Tax $224/month
MTG INS $0/month
HOME INS $65/month
Price
$154,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$224/month
Home Owner Insurance
$780 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
02/04/24 $164,900 $154,900 -6.06%
12/17/23 $174,900 $164,900 -5.72%
10/04/23 $179,900 $174,900 -2.78%
07/10/23 $189,000 $179,900 -4.81%
06/18/23 $195,000 $189,000 -3.08%

RoomSizeLevel
Primary Bedroom 10x10 Main
Kitchen 10x10 Main

Semi-Annual Property Tax:$1,341
Tax Year:2022
Financial Disclosures:Not Applicable
Other Disclosures:As Is, Broker Owned
Mandatory HOA Fee:$

Area: 8806 - Washington - Washington
City:Salem
Subdivision: No Subdivision
Zip Code:47167

Total Sq. Ft.:2,261
Interior Features:Windows Vinyl
Eating Area(s):Other Eating Area
Appliances:None
Exterior Type:Wood
Cool:Wall Unit(s)
Heat:Electric
Water Heater:None
Total Rooms:9
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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Schools in 509 N High Street Salem, IN  47167


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Listing provided courtesy of Jennifer Jordan with Lighthouse Realty Group, Inc from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/21/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Salem Market Report

165
Avg. DOM
$168.4
Avg. $ / Sq.Ft.
$ 222,000
Med. List Price

The house prices in 509 N High Street Salem IN 47167 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 509 N High Street Salem IN 47167 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 509 N High Street Salem IN 47167 .

The most popular place to buy a home in 509 N High Street Salem IN 47167 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 509 N High Street Salem IN 47167 .

The average amount of property taxes you would have to pay for a home in 509 N High Street Salem IN 47167 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 509 N High Street Salem IN 47167 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 509 N High Street Salem IN 47167 was 681 minutes ago.

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

The cost of the most expensive home in 509 N High Street Salem IN 47167 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 509 N High Street Salem IN 47167 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 509 N High Street Salem IN 47167 in year 1900 and the newest built house is in year 2006.

The average size of properties in 509 N High Street Salem IN 47167 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.