$247,500
SOLD APR 1, 2025

(Tract 3) 5484 State Road 135 Salem, IN 47167

45 Acres
$5,500 Price per Acre
1,960,200 Sq Ft Lot

Recently Sold

52% Below List Price

14 Days on Market

Highlights

  • 45 Acre Lot
  • Pond
  • 5-minute walk to Rielys Park

About This Lot

As of April 2025

(Tract 3) Welcome to this amazing large recreational property sprawling over wooded and open ground. This tract is accessed through a gated, well-maintained easement that will be recorded for ingress, egress, and utilities. As you wind down the entry and cross onto the property, you will first see a powerful piped spring head coming out of the hillside, flowing into a concrete cast catch basin that overflows back into the ground. Just past it, you will pass over a creek flowing down the valley before approaching a large opening. This area is roughly +/-18 acre in which approx. +/-12 acres are tillable ground. The possible uses for this area could consist of continued farming, native grass planting, food plots, pasture, building site and many more. (After April 1st, 2025, farming rights will be reserved till harvest is completed on the tillable acreage.) Moving on, you will approach the back part of the property, where the handcrafted and rustic cabin sits. The cabin is around 15 years old and has new metal siding and foundation. The inside is a set back in time to when the world was simple, with a wood-burning stove, bar/cooking space, 2 bunk beds, and a full open upstairs. Outside, the cabin overlooks the pond, where you can watch deer pass and wildlife thrive. The timber part of the property has had a light select timber cut privately by the owner in different stages over the years. Logging trails allow UTV or ATV access to almost all areas. This part of the farm has been u

Last Agent to Sell the Property

Kris Christianson

License #RB21001754 Listed on: 02/12/2025

Last Buyer's Agent

Kris Christianson

License #RB21001754 Listed on: 02/12/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,500

Additional Features

  • Pond
  • 45 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 883420000012002012

Property Details

Property Type

Land

Est. Annual Taxes

$1,500

Lot Details

0

Listing Details

  • Improvements: 170000
  • Annual Tax: 1500
  • Land Assessment: 19200
  • Legal Description: PT SW 20-3-4
  • Parcel Number: 883420000012002012
  • Property Type: Vacant Land
  • Total: 189200
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Sq Ft: 1960200.00

Utilities

  • Water: Pond

Lot Info

  • Acres: 45.0000

Range of Values:

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Average Value
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List Price
Sold Price
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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
04/01/2025 04/01/25 Sold $247,500 0.0% --
03/27/2025 03/27/25 Price Changed $247,500 -52.3% --
02/26/2025 02/26/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $519,000 -- --
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202505849

Southern Indiana REALTORS® Association