$99,900
$20K PRICE DROP

701 S Main St Salem, IN 47167

Salem Area

Estimated payment $648/month

Total Views 8,966
1.02 Acres
$97,941 Price per Acre
44,431 Sq Ft Lot

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

KELSEY DAWSON

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

Property Details

Property Type

Land

Lot Details

1.02 Acres

Listing Details

  • Parcel Number: 0220199320
  • Property Type: Land
  • LotSizeAcres: 1.02
  • View: City, Park/Greenbelt, Scenic
  • Co List Office Mls Id: 1694
  • Directions: S Main Street, empty lot next to Star Nail
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Sewer Available

Lot Info

  • Zoning: Commercial
  • Lot Size Sq Ft: 44431.2
  • Land Lease Expiration Date: 2026-10-17
  • Zoning Description: Commercial

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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

Source: Southern Indiana REALTORS® Association

MLS Number: 202607504

Southern Indiana REALTORS® Association

APN: 88-24-20-224-006.000-022

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