$365,000
$50K PRICE DROP

(Tract 2) 5484 State Road 135 Salem, IN 47167

Estimated payment $2,222/month

Total Views 13,501
17 Acres
$21,471 Price per Acre
740,520 Sq Ft Lot

Highlights

  • 17 Acre Lot
  • Agricultural
  • 5-minute walk to Rielys Park

About This Lot

(Tract 2) Made for a large or growing family, this property possesses the traits that bring the outdoors close to home. Set off the state road, accessed by a record-short easement; this spectacular farm is set to please. The home is quality crafted with classic white metal siding, black trim, and a roof. Nestled on the edge of the woods with a pond and hillside view from the front porch swing makes time stand still. The main floor shows the beauty of the hardwood floors with a massive open living space. The home has 7 bedrooms and lays out well, boasting 4450 sq ft. It is built on a slab but does have a step-down cool food storage area off the large pantry. Multiple sources of heat keep it comfortable with no problem. A large outdoor ice house can keep items cold all year. The property has 3-yard hydrants connected to county water, but the home operates off a cistern; the county water could be easily connected to the home if one so wishes. The house has no electricity, but it is on the property out front and could also be utilized—multiple outbuildings and barns for equipment and farming operations. The large barn was moved to the property and has old-world construction, strong as an ox. Its bottom or downstairs has stalls and houses pigs, cows, and horses, while above is a more than generous area to store hay all winter. Shop and storage space is plentiful through out all buildings. A nice garden area on the side of the lawn and a grapevine trellis for fresh vegetables and fruit makes growing for self-sufficiency while living off the land. In fenced-in paddocks for farms, animals make up a portion of the land while the forest balances out the rest. A honey hole hunting spot lies behind the house. Don't be fooled. This property has produced some very nice bucks in the area as well.

Listing Agent

Zach Holt

Whitetail Properties Real Estate Brokerage Phone: 812-887-2954 Listed on: 02/12/2025

Whitetail Properties Real Estate

Co-Listing Agent

Kris Christianson

Whitetail Properties Real Estate Brokerage Phone: 812-887-2954

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,200

Lot Details

  • 17 Acre Lot
  • Property fronts a state road
  • Property fronts an easement
  • Finished Lot(s)
  • Subdivision Possible

Schools

  • Bradie M Shrum Elementary School
  • Salem Middle School
  • Salem High School

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 88-34-20-000-012.002-012

Property Details

Property Type

Land

Est. Annual Taxes

$2,200

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: Pt Sw 20 3 4
  • Parcel Number ID: 88-34-20-000-012.002-012
  • Platted: Yes
  • Road Access: State
  • Road Surface: Paved
  • Parcel Description: Irregular, Partially Wooded, 15+, Cable Available, Water View
  • Can Be Subdivided: Yes
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Agriculture, Residential, Recreational
  • Year Taxes Payable: 2024
  • Special Features: None

Exterior Features

  • Road Frontage: Easement

Utilities

  • Water Utilities: Public
  • Electricity Type: Available

Schools

  • School District: Salem Community Schools
  • Elementary School: Bradie M Shrum
  • Middle School: Salem
  • High School: Salem
  • Elementary School: Bradie M Shrum

Lot Info

  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 740520
  • Estimated Lot Size Acres: 17
  • Easements: Yes

Tax Info

  • Annual Taxes: 2200

MLS Schools

  • High School: Salem
  • Middle School: Salem
  • School District: Salem Community Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Price Changed $365,000 -2.7% --
03/28/2025 03/28/25 Price Changed $375,000 -9.6% --
02/12/2025 02/12/25 For Sale $415,000 -- --
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202504450

Indiana Regional MLS