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(SOLD) $400,000

1891 N New Salem Finley Knob Road Salem, IN  47167-6262

  • 5 Beds
  • 3 Baths
  • 3,600 sq. Ft

Property Description for 1891 N New Salem Finley Knob Road Salem, IN 47167-6262

Welcome to country living in this charming brick Cape Cod home, built in 1897 but fully updated. It is located at 1895 N New Salem Finley Knob Rd in Salem, IN. This home has 2,400 sq. ft. of living space on the first and second floors and 1,200 sq. ft. in a finished basement with outside door exit. There is plenty of room for your family to spread out and enjoy. It has a large living room on the main floor and a separate family room in the basement. 5 bedrooms and 3 full baths allow for easy bedtimes and morning hustle and bustles. The home sits on 2.5 beautiful acres with plenty of mature trees for shade and lots of room for outdoor activities and gatherings. There is nice 32' x 25' detached garage with upstairs storage close by. The buildings have updated electric with 200 AMP service. An 88' x 48' heritage red barn with 4 automatic doors sits on a wide gravel driveway. There is an option to buy the property without the barn. Whether you are relaxing on the front porch, enjoying the expansive backyard, or exploring the surrounding countryside, this property offers a peaceful retreat.

Address:1891 N New Salem Finley Knob Road Salem IN 47167-6262
Status:Sold
Sold On: 11/18/2024
Price:$410,000
Bedrooms:5 Beds
Bathrooms:3 Full Baths
Sq. Feet:3,600
Year Built:1896
Lot Size:3.00
County: Washington County
Township: Franklin
School System : East Washington
MLS #:202434698
Property Type:Site-Built Home

Lot Dimensions:390 X 260
Lot Description:Partially Wooded
Directions:From I65 take exit 19 to Henryville. Go west on Highway160. Travel 7 miles to New Salem Road, turn right. Go 4.5 miles to 1895 N New Salem Finley Knob Rd on the right.
Total Sq. Ft. :3,600
Garage:Detached
Basement:Yes

Loan Price
$2,735
Price And Interest $2,087/month
Property Tax $481/month
MTG INS $0/month
HOME INS $167/month
Price
$400,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$481/month
Home Owner Insurance
$2,004 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 13 x 12 Main
2nd Bedroom 11 x 10 Upper
3rd Bedroom 14 x 15 Upper
4th Bedroom 14 x 15 Upper
5th Bedroom 12 x 12 Basement
Kitchen 25 x 12 Main
Family Room 17 x 25 Basement
Living Room 27 x 17 Main

Semi-Annual Property Tax:$2,889
Tax Year:2023
Mandatory HOA Fee:$

City:Salem
Subdivision: None
Zip Code:47167-6262

School System:East Washington
High School:East Washington
Middle School:East Washington
Elementary School:East Washington

Total Sq. Ft.:3,600
Appliances:Dishwasher, Refrigerator, Washer, Window Treatments, Cooktop-Electric, Dryer-Electric, Kitchen Exhaust Hood, Oven-Electric, Range-Electric, Water Heater Gas, Window Treatment-Blinds, Basketball Goal
Exterior Features:Brick
Fuel:Propane
Cool:Central Air, Multiple Cooling Units
Heat:Propane
Total Rooms:10
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Donna Mink with Mink Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Salem Market Report

217
Avg. DOM
$207.62
Avg. $ / Sq.Ft.
$ 244,000
Med. List Price

The house prices in Salem are indeed dropping at the moment. There has been a decrease in price of $210,857.50. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Salem are going Down. The average house price is $199,900.00 and the average price per square feet is $121.97 per square feet. At the moment, the amount of homes listed is exactly 51 houses, with 13 with active status, 3 with pending status and 35 sold in Salem .

The most popular place to buy a home in Salem is 8806 - Washington - Washington. 8806 - Washington - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Salem .

The average amount of property taxes you would have to pay for a home in Salem is $2,229.86. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Salem are staying listed for an average of 96 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Salem was 1729 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Salem is $599,900.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Salem is $42,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Salem in year 1928 and the newest built house is in year 2008.

The average size of properties in Salem is 2330.77 sq.ft. , the biggest one being 4026 sq.ft. and the smaller being 980 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.