$250,000
SOLD MAR 18, 2026

4616 E Farabee Rd Salem, IN 47167

29.83 Acres
$8,381 Price per Acre
1,299,395 Sq Ft Lot

Recently Sold

23% Below List Price

81 Days on Market

Highlights

  • River View
  • 29.83 Acre Lot
  • Secluded Lot
  • East Washington Elementary School Rated 9+
  • River Nearby
  • Creek On Lot

About This Lot

As of March 2026

29.83 wooded acres sitting high above the Blue River. Property has a concrete pad setup for campers and has electric, water and septic. A 24x24 pole barn w/lean-to for utility, tool and toy storage. There is between $40,000 to $50,000 worth of harvestable timber on the property. The property is currently registered in the Indiana Classified Forest & Wildlands Program. Possible homesites where a new home/cabin would fit right in. Everyone loves a treehouse, a child's dream, nature loving photographer, or a hunter's blind; there's wildlife abound. Whether you are seeking solitude and privacy, hunting and fishing, or just a place to unwind; this property has it all. Top rated schools, a tight-knit community, close to Metro, yet private, you can have it! Call for your private tour today! Appointment is required to access the property. Buyer's agent must be present for all showings.

Last Agent to Sell the Property

Fred Bishop

Jack Bridgewater Real Estate License #RB14048563 Listed on: 12/05/2025

Last Buyer's Agent

Fred Bishop

Jack Bridgewater Real Estate License #RB14048563 Listed on: 12/05/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $414

Lot Details

  • 29.83 Acre Lot
  • River Front
  • Secluded Lot
  • Wooded Lot
  • Subdivision Possible
  • Property is zoned Agri/ Residential

Property Views

  • River
  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Slab Foundation

Outdoor Features

  • River Nearby
  • Creek On Lot
  • Pole Barn

Mobile Home

  • Mobile Home Allowed

Utilities

  • The river is a source of water for the property
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 0091541701

Property Details

Property Type

Land

Est. Annual Taxes

$414

Lot Details

29.83 Acres

Listing Details

  • Annual Tax: 414
  • Electricity On Property: Yes
  • Foundation: Slab
  • Legal Description: 18-01-500-001.015-09 PT NE NW 1-1-4 29.83AC (28.83ACCF)
  • Lot Dimensions: 29.83 Acres
  • Mobileor Modular: Allowed
  • Out Buildings: Pole Barn
  • Parcel Number: 0091541701
  • Property Type: Vacant Land
  • Timber Acreage: 27
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Sq Ft: 1299394.80
  • Sewer Type: Septic Onsite

Exterior Features

  • Road Frontage: yes

Utilities

  • Water: Creek, River
  • Water Type: Public Onsite

Lot Info

  • Acres: 29.8300
  • Lot Description: Adj River/Stream/Crk, Creek, Divisible Lot, Park-Like View, River Frontage, River View, Scenic View, Secluded Lot, Waterfront Property, Wooded Lot
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2016
Closed on
Jul 27, 2016
Sold by
Troutman Bill
Bought by
Jane K Elzy Trust and Jane K Elzy Trust
Seller's Agent
Amanda Cole
Keller Williams Realty Consultants
Buyer's Agent
Julie Roll
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Deed $85,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2026 03/18/26 Sold $250,000 -16.4% --
02/24/2026 02/24/26 Pending -- -- --
02/11/2026 02/11/26 Price Changed $299,000 -8.0% --
12/05/2025 12/05/25 For Sale $325,000 +282.4% --
07/27/2016 07/27/16 Sold $85,000 -14.9% -- View Prior Sale
07/14/2016 07/14/16 Pending -- -- --
06/18/2016 06/18/16 For Sale $99,900 -- --
Source: Southern Indiana REALTORS® Association

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
2025 $116 $6,300 $800 $5,500
2024 $116 $6,500 $800 $5,700
2023 $131 $7,100 $800 $6,300
2022 $139 $7,200 $700 $6,500
2021 $116 $5,800 $600 $5,200
2020 $235 $11,700 $600 $11,100
2019 $229 $11,700 $600 $11,100
2018 $222 $11,700 $700 $11,000
2017 $214 $11,800 $700 $11,100
2016 $415 $23,100 $11,800 $11,300
2014 $486 $28,400 $17,500 $10,900
2013 $428 $25,700 $15,000 $10,700
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2026

    Fred Bishop

    Jack Bridgewater Real Estate

    (812) 620-7779

    12 Total Sales

    Fred Bishop
    Section Image
  • Amanda Cole

    Seller's Agent in 2016

    Amanda Cole

    Keller Williams Realty Consultants

    (812) 844-0565

    113 Total Sales

    Amanda Cole
    Section Image
  • Debbie Curtis

    Seller Co-Listing Agent in 2016

    Debbie Curtis

    Mainstreet REALTORS

    (812) 620-2443

    125 Total Sales

    Debbie Curtis
    Section Image
  • Julie Roll

    Buyer's Agent in 2016

    Julie Roll

    Schuler Bauer Real Estate Services ERA Powered (N

    (812) 595-2880

    40 Total Sales

    Julie Roll
    Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2025012980

Southern Indiana REALTORS® Association

APN: 88-14-01-000-001.015-013

Indiana Washington County Salem 47167

4616 E Farabee Rd, Salem, IN

Sold

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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.

Southern Indiana REALTORS® Association 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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