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$229,950

NW SIDE STATE RD 56 W TRACT 1 Salem, IN  47167

  • 6.30 Acres

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Property Description for NW SIDE STATE RD 56 W TRACT 1 Salem, IN 47167

Golf course living on 6.3 acres of rural residential property located in the gently rolling hills of scenic southern Indiana. Leave the hustle and bustle of the daily grind behind but keep the conveniences of living close to downtown with easy access to a rural highway. View the sunsets over the fairway and greens on this exceptional property that is prepped and ready for your project, with electric and rural city water close by. Also available to purchase is Tract #2 consisting of 6.0 Acres. Proposed use is development property however you can purchase 1 or both Tracts for your own personal use. 40 ft right of way to allow owner of Tract #2 access to property. Boundary survey has been completed, waiting for additional survey to divide 12.3 Acres into the 2 tracts. A portion of neighbor's driveway is on Tract #1. There is an old well on this property.

Address:NW SIDE STATE RD 56 W TRACT 1 Salem IN 47167
Status:Active
on site: 145 days
Price:$229,950
Bathrooms:0
Lot Size:6.30
County: Washington
Township: Washington
MLS #:21991604
Property Type:Residential Lots

Lot Dimensions:274428
Road Frontage:County Road
Road Access:County Rd, See Remarks
Road Surface:Asphalt
Lot Features:Not In Subdivision, On Golf Course, Mature Trees, Zoned, See Remarks
Zoning:RURAL RESIDENTIAL
Directions:Use Western Hills Country Club (Mt Tabor Road), Salem, IN 47167 for directions. Look for FOR SALE signs

Loan Price
$1,322
Price And Interest $1,200/month
Property Tax $26/month
MTG INS $0/month
HOME INS $96/month
Price
$229,950
Down Payment %
0 %
Down Payment
$0
Property Taxes
$26/month
Home Owner Insurance
$1,152 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$155
Tax Year:2024
Other Disclosures:As Is
Mandatory HOA Fee:$

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

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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Listing provided courtesy of Rhonda Frische with Schuler Bauer Real Estate Powe from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/18/2024 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

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 675 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.