Estimated payment $1,116/month
Total Views
27,482
3
Beds
1
Bath
4,026
Sq Ft
$45
Price per Sq Ft
Highlights
- Open Floorplan
- Bonus Room
- Den
- Main Floor Primary Bedroom
- Corner Lot
- First Floor Utility Room
About This Home
Multiple Opportunities with this unique property! LIVE WHERE YOU WORK!! BUSINESS LOCATION on one side with a 46 x 22 store front with some new exterior metal and new heater in store and plenty of parking and living quarters on the other side. Previous businesses included a variety store and floral shop. Over 4,000 sq. ft. total to work with. Also included is a 3-4 BR, 1 BA LIVING QUARTERS with OPEN FLOOR PLAN, Kitchen with appliances, dining area, first floor laundry room, media/office area, and living room with electric FIREPLACE and a newly built carport. All new flex pipes for water/faucets in store and kitchen. New CENTRAL AIR, water heater, new washer hook up. REASONABLE UTILITIES! Could also be used as 2 rentals for extra inclome. Upstairs there are TWO very large rooms one is 34 x 21 and the other is 24 x 12 with many possiblities. 21 x 26 Detached garage with concrete and 2 sliding doors. GREAT NEIGHBORHOOD located just off of HWY 56 and 5 miles from Salem. Property is being sold "As Is". Ready for immediate possession.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,462
Year Built
- Built in 1935
Lot Details
- 0.34 Acre Lot
- Corner Lot
- Property is zoned Commercial
Parking
- 1 Car Detached Garage
- Front Facing Garage
- Rear-Facing Garage
- Off-Street Parking
Home Design
- Frame Construction
- Metal Siding
- Vinyl Siding
Interior Spaces
- 4,026 Sq Ft Home
- 1.5-Story Property
- Open Floorplan
- Living Quarters
- Electric Fireplace
- Family Room
- Den
- Bonus Room
- First Floor Utility Room
- Utility Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Oven or Range
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- 1 Full Bathroom
Unfinished Basement
- Sump Pump
- Basement Cellar
- Crawl Space
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- On Site Septic
Listing and Financial Details
- Assessor Parcel Number 882412332008000021
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,462 | $74,500 | $13,200 | $61,300 |
| 2023 | $1,535 | $75,900 | $13,200 | $62,700 |
| 2022 | $1,520 | $76,600 | $13,200 | $63,400 |
| 2021 | $1,473 | $70,000 | $13,200 | $56,800 |
| 2020 | $1,436 | $70,000 | $13,200 | $56,800 |
| 2019 | $1,415 | $70,400 | $13,200 | $57,200 |
| 2018 | $1,415 | $69,700 | $13,200 | $56,500 |
| 2017 | $1,244 | $69,500 | $13,200 | $56,300 |
| 2016 | $1,118 | $68,900 | $13,200 | $55,700 |
| 2014 | $608 | $70,300 | $13,200 | $57,100 |
| 2013 | $589 | $67,300 | $12,000 | $55,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Price Changed | $179,900 | -1.4% | $45 / Sq Ft |
| 03/10/2025 03/10/25 | For Sale | $182,500 | +329.4% | $45 / Sq Ft |
| 02/03/2016 02/03/16 | Sold | $42,500 | -26.7% | $11 / Sq Ft |
| 11/24/2015 11/24/15 | Pending | -- | -- | -- |
| 07/25/2015 07/25/15 | For Sale | $58,000 | -- | $14 / Sq Ft |
Source: Southern Indiana REALTORS® Association
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | Commercial | |
| Previous Owner | $125,000 | Commercial | |
| Previous Owner | $25,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Salem, IN
Source: Southern Indiana REALTORS® Association
MLS Number: 202506393
APN: 88-24-12-332-008.000-021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
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