$90,000
SOLD MAR 3, 2026

4630 E Farabee Rd Salem, IN 47167

5.53 Acres
$16,275 Price per Acre
240,887 Sq Ft Lot

Recently Sold

14% Below List Price

103 Days on Market

Highlights

  • Scenic Views
  • Creek On Lot
  • Wooded Lot
  • East Washington Elementary School Rated 9+

About This Lot

As of March 2026

Discover 5.53 beautiful acres offering peace and privacy. Whether you're ready to build your dream home or simply want a serene getaway to relax and recharge, this property has endless potential. Enjoy scenic views overlooking the creek, with walking paths leading down to waters edge. 3 lots totaling 5.53 acres. Electricity ran to property.

Last Agent to Sell the Property

Taylor Day

Waiz Real Estate License #RB23001790 Listed on: 10/27/2025

Last Buyer's Agent

Sherri Purkhiser

The Day Company REALTORS License #RB14045641

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $395

Lot Details

  • 5.53 Acre Lot
  • Wooded Lot

Additional Features

  • Scenic Vista Views
  • Creek On Lot
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 0099741701

Property Details

Property Type

Land

Est. Annual Taxes

$395

Lot Details

5.53 Acres

Listing Details

  • Annual Tax: 395
  • Electricity On Property: Yes
  • Legal Description: PT NE 1-1-4 3.083 AC PT LOT 3 EAST FARABEE FARM
  • Out Buildings: Other
  • Parcel Number: 0099741701
  • Property Type: Vacant Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Sq Ft: 240886.80
  • Sewer Type: Unknown

Utilities

  • Water Type: Unknown

Lot Info

  • Acres: 5.5300
  • Lot Description: Creek, Scenic View, Wooded Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2025
Closed on
Mar 3, 2026
Sold by
Anderson Wayne and Anderson Pamela O
Bought by
Beach Klayton and Beach Ashley A
Seller's Agent
Taylor Day
Waiz Real Estate
Buyer's Agent
Sherri Purkhiser
The Day Company REALTORS
List Price
$105,000
Sold Price
$90,000
Premium/Discount to List
-$15,000
-14.29%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
168.75%
Original Mortgage
$72,000
Outstanding Balance
$72,000
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$23,500

Purchase Details

Closed on
Aug 30, 2012
Sold by
Rusby Eric P
Bought by
Anderson Wayne R and Anderson Pamela O

Purchase Details

Closed on
Jun 14, 2010
Sold by
Hedrick James M
Bought by
Rusby Eric
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
Warranty Deed -- First American Title
Deed $39,500 --
Sheriffs Deed $148,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $72,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2026 03/03/26 Sold $90,000 +0.1% --
02/07/2026 02/07/26 Pending -- -- --
01/06/2026 01/06/26 Price Changed $89,900 -9.2% --
12/01/2025 12/01/25 Price Changed $99,000 -5.7% --
10/27/2025 10/27/25 For Sale $105,000 -- --
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 $219 $12,300 $12,300 $0
2024 $219 $12,300 $12,300 $0
2023 $227 $12,300 $12,300 $0
2022 $238 $12,300 $12,300 $0
2021 $247 $12,300 $12,300 $0
2020 $247 $12,300 $12,300 $0
2019 $241 $12,300 $12,300 $0
2018 $234 $12,300 $12,300 $0
2017 $223 $12,300 $12,300 $0
2016 $221 $12,300 $12,300 $0
2014 $113 $6,600 $6,600 $0
2013 $205 $12,300 $12,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2025012120

Southern Indiana REALTORS® Association

APN: 88-14-01-000-001.023-013

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