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$445,000 ā†“$5,000on 4/18/2024

823 S Drivein Theater Road Salem, IN  47167

  • 4 Beds
  • 2 Baths
  • 2,960 sq. Ft

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Property Description for 823 S Drivein Theater Road Salem, IN 47167

Horse & livestock enthusiasts take note! This is the setup that everyone is looking for! This prop features not only a lg welcoming farmhouse, adequate housing for all your animals. This 4 BR/2 BA home has new kitchen with lots of storage & cooking space, new appli, kitchen island, trash compactor and granite counters. There is a formal dining rm off the kitchen, front foyer and spacious LR with glass patio doors. Upstairs amenities include a large space that could be used as a rec rm/sewing rm/office, the 4 BRs and a large bath with a jet tub, sep shower and skylight. Outside the house has a new metal roof, landscaped back patio with garden shed close by, a paved cir drive, det 3 car garage, RV hookup w/add septic. The property includes a stall barn with space to park a truck and trailer, tack/office/feed rm area, multiple sliding doors and more storage off the back side. There is an indoor riding arena full of sand and ready to go with a lean-to off the south side where more stalls could be added if desired. Next to the arena sits a large machinery shed with a lean-to on it as well, with pens and a load out chute for cattle or other livestock. There are currently a total of 6 turnout lots with space to finish more, and JUG brand automatic water boxes in the turnout lots. Best of all the barns have a large parking lot area with 2nd cir drive for lots of room to get your rigs in and out! Call today to schedule a showing for the place thatā€™s been sitting on your wish list!

Address:823 S Drivein Theater Road Salem IN 47167
Status:Active
on site: 331 days
Price:$445,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,960
Year Built:1900
Lot Size:3.80
County: Washington
Township: Washington
MLS #:202405362
Property Type:Farm

Lot Dimensions:165528
Road Surface:Paved
Lot Features:AdditionalLandAvailable, Garden
Zoning:Agri/ Residential
Water Source:Connected, Public
Directions:From Salem: IN 56 W to right on S. Drive-in Theater Rd. Property on the left.
Upper Level Sq. Ft. :2,960
Total Sq. Ft. :2,960
Sq. Ft. Source:Assessor
Basement:Yes

Loan Price
$2,895
Price And Interest $2,321/month
Property Tax $389/month
MTG INS $0/month
HOME INS $185/month
Price
$445,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$389/month
Home Owner Insurance
$2,220 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
04/18/24 $450,000 $445,000 -1.11%

RoomSizeLevel
Other Second
LivingRoom First
FamilyRoom First
Kitchen First
DiningRoom First
Bedroom Second
Bedroom Second
Bedroom Second
PrimaryBedroom Second
FullBath Second
FullBath First

Semi-Annual Property Tax:$2,332
Mandatory HOA Fee:$

City:Salem
Zip Code:47167

Total Sq. Ft.:2,960
Interior Features:BreakfastBar, SeparateFormalDiningRoom, EntranceFoyer, EatinKitchen, GardenTubRomanTub, JettedTub, KitchenIsland, SplitBedrooms, Skylights, SeparateShower, NaturalWoodwork
Appliances:Dishwasher, Microwave, Oven, Range, Refrigerator, SelfCleaningOven, TrashCompactor
Porch / Patio:Covered, Patio, Porch
Exterior Features:Landscaping, PavedDriveway, Porch, Patio
Exterior Type:Frame, VinylSiding
Heat:ForcedAir
Total Rooms:11
Tucker Customer Care, REALTORĀ®/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 Katelyn Gardner with Cambron 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

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 3058 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.