701 S Main St Salem, IN 47167
Salem AreaEstimated payment $648/month
About This Lot
Position your business for success with this exceptional 1-acre commercial parcel located directly on Main Street in the heart of Salem. This high-visibility property sits adjacent to a busy intersection, offering steady traffic exposure and easy accessibility for customers.
The lot features a shared driveway with a well-established nail salon, providing built-in traffic flow and convenient ingress/egress. Surrounded by a beautiful, park-like setting with mature trees and well-maintained grass, this property offers a rare blend of visibility and aesthetic appeal, ideal for businesses seeking both function and atmosphere.
Whether you’re planning retail, office space, a boutique shop, or a service-based business, this location provides the exposure and setting to make a lasting impression. Bring your vision to life in one of Salem’s most desirable commercial locations.
Listing Agent
Dawson Real Estate, LLC Brokerage Phone: 812-570-0708 License #RB18002254 Listed on: 04/16/2026
Property Details
Property Type
- Land
Lot Details
- 1.02 Acre Lot
- Property is zoned Commercial, Commercial
Property Views
- City
- Scenic Vista
- Park or Greenbelt
Listing and Financial Details
- Assessor Parcel Number 0220199320
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,871 | $395,700 | $189,600 | $206,100 |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2026 08/14/26 | Price Changed | $99,900 | -16.8% | -- |
| 04/16/2026 04/16/26 | For Sale | $120,000 | -- | -- |
Source: Southern Indiana REALTORS® Association
MLS Number: 202607504
APN: 88-24-20-224-006.000-022
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Ask me questions while you tour the home.