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$149,900

544 E Colony Drive Salem, IN  47167

  • 3 Beds
  • 1 Baths
  • 1,092 sq. Ft

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Property Description for 544 E Colony Drive Salem, IN 47167

WELCOME HOME to your THREE bedroom, ONE bathroom, well-maintained ranch with a spacious backyard perfect for relaxing for those fun family nights. Step inside to be greeted by your spacious and welcoming living room with decently-sized windows to provide natural lighting. Continue on to find your dining room area that flows right into your kitchen with great views overlooking your secluded backyard. Your kitchen leads right into your mudroom/laundry room that is conveniently connected to your one car attached garage. On the opposite side of your living room, you will find your three bedrooms and one bathroom. Some of the most recent updates include: Flooring, Refrigerator, Stove, and Painting. Home comes complete with kitchen appliances and a one year HSA Home Warranty with Buyer 7 star upgrade. Home has the possibility of qualifying for 100% USDA financing as well as a reduction in property taxes if a new buyer qualifies for a Homestead Exemption. Utility providers are: Duke Energy and Salem Utilities for water. Come check out this adorable and affordable ranch today!

Address:544 E Colony Drive Salem IN 47167
Status:Active
on site: 91 days
Price:$149,900
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,092
Year Built:1979
Lot Size:0.24
County: Washington County
Township: Washington
School System : Salem Community Schools
MLS #:202428604
Property Type:Site-Built Home

Lot Dimensions:Irregular
Lot Description:Irregular
Directions:From IN-60 E, turn L onto Parkview Dr., L onto Colony Dr. Home is on the right.
Total Sq. Ft. :1,092
Garage:Attached
Basement:No

Loan Price
$1,002
Price And Interest $782/month
Property Tax $158/month
MTG INS $0/month
HOME INS $62/month
Price
$149,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$158/month
Home Owner Insurance
$744 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 11 x 11 Main
2nd Bedroom 11 x 10 Main
3rd Bedroom 10 x 10 Main
Kitchen 8 x 9 Main
Dining Room 9 x 9 Main
Living Room 16 x 15 Main

Semi-Annual Property Tax:$947
Tax Year:Current
Mandatory HOA Fee:$

City:Salem
Subdivision: None
Zip Code:47167

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

Total Sq. Ft.:1,092
Exterior Features:Vinyl
Fuel:Electric, Forced Air
Fireplace(s):None
Cool:Central Air
Heat:Electric, Forced Air
Total Rooms:8
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Natasha Johns with Williams Carpenter Realtors

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

186
Avg. DOM
$113.3
Avg. $ / Sq.Ft.
$ 189,900
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 4880 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.