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$74,900

601 N College Avenue Salem, IN  47167

  • 2 Beds
  • 1 Baths
  • 868 sq. Ft

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Property Description for 601 N College Avenue Salem, IN 47167

Affordable 2 BR, 1 BA stone and vinyl home has an enclosed front porch and an enclosed back porch which walks out to a large fenced in back yard with a privacy fence and gate that leads to a 2019 12 x 18 shed with garage door that opens up to a back alley. Inside this home you will also find a large master bedroom and a walk in shower in the bathroom with some new plumbing. Roof is 2 years old. Would make a great rental property for investors. This home is close to downtown, parks, schools, and all your shopping needs.

Address:601 N College Avenue Salem IN 47167
Status:Active
on site: 133 days
Price:$74,900
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:868
Year Built:1901
Lot Size:0.12
County: Washington
Township: Washington
MLS #:2023012301
Property Type:Residential

Lot Dimensions:5227.2
Road Surface:Paved
Zoning:Residential
Water Source:Connected, Public
Directions:From 56 E turn north on College St, home on right.
Upper Level Sq. Ft. :868
Total Sq. Ft. :868
Sq. Ft. Source:Assessor

Loan Price
$516
Price And Interest $391/month
Property Tax $94/month
MTG INS $0/month
HOME INS $31/month
Price
$74,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$94/month
Home Owner Insurance
$372 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$562
Mandatory HOA Fee:$

City:Salem
Zip Code:47167

Total Sq. Ft.:868
Interior Features:CeilingFans, EatinKitchen, MainLevelPrimary, MudRoom, UtilityRoom
Appliances:Refrigerator
Porch / Patio:Enclosed, Porch
Exterior Features:Fence
Exterior Type:Frame, Stone, VinylSiding
Fireplace(s):None
Cool:None
Heat:Baseboard, SpaceHeater
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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Schools in 601 N College Avenue Salem, IN  47167


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Listing provided courtesy of Debbie Curtis with Mainstreet REALTORS

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 2753 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.