Estimated payment $1,304/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.
Listing Agent
Mainstreet Realtors Brokerage Email: info@mainstreetrealtor.com Listed on: 05/19/2025
Property Details
Property Type
- Land
Lot Details
- 2.35 Acre Lot
- Property fronts an easement
- Finished Lot(s)
Parking
- Off-Street Parking
Location
- City Lot
Schools
- Bradie M Shrum Elementary School
- Salem Middle School
- Salem High School
Listing and Financial Details
- Assessor Parcel Number 88-24-20-224-006.000-022
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 |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | For Sale | $199,900 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $329,000 | New Conventional |
Source: Indiana Regional MLS
MLS Number: 202518392
APN: 88-24-20-224-006.000-022
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