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(SOLD) $206,000

7231 E Old 56 Salem, IN  47167

  • 3 Beds
  • 2 Baths
  • 1,756 sq. Ft

Property Description for 7231 E Old 56 Salem, IN 47167

Welcome to the country! This 3 bedroom, 2 bathroom home boasts 1,756 square feet of finished space, and a large detached garage with plenty of room for two vehicles and some work space. This partially earth sheltered home was constructed in 1986, and has been updated with many modern features. Exceptional landscaping and fish ponds add to the serenity of this home. It has exceptional views and a peaceful setting among nature, which can be enjoyed from the back patio or the bonus cabin! If you have an interest in the outdoors, this fantastic home and acreage adjoins thousands of acres of State Owned land that is waiting to be explored, hiked, or hunted! Come and check it out! The interior of the home is heated by electric baseboard and wood stove near the center of the home. Home is connected to rural water, and utilizes a septic system. Washer, dryer, and stove in foyer are not included in the sale.

Address:7231 E Old 56 Salem IN 47167
Status:Sold
Sold On: 1/30/2024
Price:$206,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,756
Year Built:1986
Lot Size:5.02
County: Washington
Township: Gibson
MLS #:2023011168
Property Type:Residential

Lot Dimensions:218671.2
Road Surface:Paved
Lot Features:AdjacentToOpenSpace, Garden, Wooded
Water Source:Connected, Public
Directions:use gps
Upper Level Sq. Ft. :1,756
Total Sq. Ft. :1,756
Sq. Ft. Source:Assessor

Loan Price
$1,250
Price And Interest $1,075/month
Property Tax $89/month
MTG INS $0/month
HOME INS $86/month
Price
$206,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$89/month
Home Owner Insurance
$1,032 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$531
Mandatory HOA Fee:$

City:Salem
Zip Code:47167

Total Sq. Ft.:1,756
Interior Features:CeilingFans, EntranceFoyer, EatinKitchen, MudRoom, Pantry, UtilityRoom
Appliances:Oven, Range, Refrigerator
Exterior Type:Stone
Fireplace(s):WoodBurningStove
Cool:WindowUnits, WallWindowUnits
Heat:Baseboard
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 7231 E Old 56 Salem, IN  47167


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Listing provided courtesy of Jared Baird with LandProz of Indiana

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

181
Avg. DOM
$181.26
Avg. $ / Sq.Ft.
$ 189,900
Med. List Price

The house prices in Salem are not dropping at the moment. There has been a increase in price of $177,300.00. 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 Up. The average house price is $189,900.00 and the average price per square feet is $173.76 per square feet. At the moment, the amount of homes listed is exactly 98 houses, with 15 with active status, 5 with pending status and 78 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 $1,730.25. 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 81 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 2980 minutes ago.

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

The cost of the most expensive home in Salem is $1,280,000.00. 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 $69,900.00 . 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 1635.2 sq.ft. , the biggest one being 2924 sq.ft. and the smaller being 745 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.