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(SOLD) $40,000

705 N Heritage Chapel Tract 3 Road Salem, IN  47167

  • 1.00 Acres

Property Description for 705 N Heritage Chapel Tract 3 Road Salem, IN 47167

GREAT LOT/LOCATON, to build your CUSTOM HOME!!! IN THE COUNTRY, located close to SALEM. 1 ACRE ONLY +/- TOTAL. This is for the 1 ACRE on "RIGHT SIDE" looking at the property from Heritage Chapel Road, and art of a 2-Acre total PARCEL, being split. Seller to have Surveyor complete new 1-Acre sketch and LEGAL DESCRIPTION. LESS THAN 2 miles from WALMART. No utilities currently on property. Utility information: There is electric at the road, DUKE ENERGY. Public Water: East Washington Rural Water. Internet: Buyer(s) to verify. ALL Buyer(s) to verify, taxes, exemptions, school system, acreage, utilities/internet availability, zoning/building, deed restrictions and requirements. Please note that the aerial photography are approximate and may not depict the exact property lines.

Address:705 N Heritage Chapel Tract 3 Road Salem IN 47167
Status:Sold
Sold On: 5/10/2024
Price:$40,000
Bathrooms:0
Lot Size:1.00
County: Washington
Township: Washington
MLS #:202308278

Lot Dimensions:43560
Road Surface:Paved
Lot Features:CornerLot
Utility Options:SewerNotAvailable, WaterAvailable
Zoning:Agri/ Residential
Building Utilities:SewerNotAvailable, WaterAvailable
Water Source:NotConnected, Public
Directions:From Salem: Turn right at CVS, onto Hwy 56 East towards Scottsburg, go approximately2.2 miles turn right onto N. Heritage Chapel Road, go 1/2 mile, property is on the left.

Loan Price
$231
Price And Interest $209/month
Property Tax $5/month
MTG INS $0/month
HOME INS $17/month
Price
$40,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$5/month
Home Owner Insurance
$204 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$030
Mandatory HOA Fee:$

City:Salem
Zip Code:47167

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Tammie McIntyre with Brixton Realty

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

186
Avg. DOM
$113.3
Avg. $ / Sq.Ft.
$ 189,900
Med. List Price

The house prices in Salem are indeed dropping at the moment. There has been a decrease in price of $409,142.50. 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 $194,900.00 and the average price per square feet is $110.81 per square feet. At the moment, the amount of homes listed is exactly 132 houses, with 12 with active status, 4 with pending status and 116 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 $1,670.39. 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 97 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 1387 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 $44,900.00 . 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 2004.

The average size of properties in Salem is 1969.83 sq.ft. , the biggest one being 4026 sq.ft. and the smaller being 646 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.