Estimated payment $1,130/month
About This Lot
What a great opportunity! Prime commercial location in the heart of Salem, right on the main strip! Perfect location for your new business! Endless Opportunities for this property! Property will be surveyed to divide. Owners are selling 1 acre +/-. Taxes will be determined once property has been divided. Call to schedule your showing today.
Property Details
Property Type
- Land
Est. Annual Taxes
- $11,061
Lot Details
- 1 Acre Lot
- Wooded Lot
- Property is zoned Commercial
Listing and Financial Details
- Assessor Parcel Number 0220199320
Map
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 | $11,061 | $368,700 | $189,600 | $179,100 |
| 2023 | $768 | $25,600 | $25,600 | $0 |
| 2022 | $3,508 | $161,600 | $31,900 | $129,700 |
| 2021 | $3,191 | $147,000 | $31,900 | $115,100 |
| 2020 | $3,069 | $140,900 | $31,900 | $109,000 |
| 2019 | $2,981 | $136,500 | $31,900 | $104,600 |
| 2018 | $2,801 | $127,600 | $31,900 | $95,700 |
| 2017 | $2,953 | $135,200 | $31,900 | $103,300 |
| 2016 | $2,789 | $127,100 | $31,900 | $95,200 |
| 2014 | $2,745 | $124,900 | $28,900 | $96,000 |
| 2013 | $2,656 | $121,600 | $31,900 | $89,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Price Changed | $179,900 | -10.0% | -- |
| 04/23/2025 04/23/25 | For Sale | $199,900 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $329,000 | New Conventional |
Source: Southern Indiana REALTORS® Association
MLS Number: 202507465
APN: 88-24-20-224-006.000-022
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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