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(SOLD) $51,000

503 N High Street Salem, IN  47167

  • 1 Beds
  • 1 Baths
  • 1,706 sq. Ft

Property Description for 503 N High Street Salem, IN 47167

Great starter home offering Immediate Possession! 1 Bed/1 Bath home with a covered front porch, large backyard and a 1-Car Detached Garage w/Concrete and Electric! Central Air! Sold AS IS!

Address:503 N High Street Salem IN 47167
Status:Sold
Sold On: 9/20/2024
Price:$62,000
Bedrooms:1 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,706
Year Built:1930
Lot Size:0.30
County: Washington
Township: Washington
MLS #:21980885
Property Type:Single Family Residence

Lot Dimensions:13068
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :853
Total Sq. Ft. :1,706
Basement:Yes

Loan Price
$390
Price And Interest $266/month
Property Tax $103/month
MTG INS $0/month
HOME INS $21/month
Price
$51,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$103/month
Home Owner Insurance
$252 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 15x15 Main
Kitchen 15x11 Main
Primary Bedroom 13x15 Main

Semi-Annual Property Tax:$615
Tax Year:2023
Other Disclosures:As Is
Mandatory HOA Fee:$

Area: 8806 - Washington - Washington
City:Salem
Subdivision: No Subdivision
Zip Code:47167

High School:Salem High School
Middle School:Salem Middle School
Elementary School:Bradie Shrum Elementary

Total Sq. Ft.:1,706
Interior Features:Attic Access
Eating Area(s):Dining Combo/Kitchen
Appliances:None
Exterior Type:Vinyl Siding
Cool:Central Electric
Heat:Forced Air
Water Heater:None
Total Rooms:3
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 Jennifer Jordan with Lighthouse Realty Group, Inc from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/21/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Salem Market Report

209
Avg. DOM
$113.55
Avg. $ / Sq.Ft.
$ 199,900
Med. List Price

The house prices in Salem are indeed dropping at the moment. There has been a decrease in price of $409,142.50. 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 $194,900.00 and the average price per square feet is $110.81 per square feet. At the moment, the amount of homes listed is exactly 132 houses, with 12 with active status, 4 with pending status and 116 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 $1,670.39. 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 97 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 1259 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 $44,900.00 . 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 2004.

The average size of properties in Salem is 1969.83 sq.ft. , the biggest one being 4026 sq.ft. and the smaller being 646 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.