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  • view of property in mid-construction
    view of property in mid-construction

    $237,500 Pending

    Est. Payments $1,239/mo

    601 S Highland Drive

    Salem, Indiana  47167

  • 3 Beds
  • 2 Baths
  • 1,150 sq. Ft
  • 3 Beds
  • 2 Baths
  • 1,150 sq. Ft
  • Additional Details Plus Icon

    Meet your Agent

    Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
    Tucker Customer Care
    F.C. Tucker Company
    (317) 954-4768

    Description

    QUALITY & EFFICIENT NEW CONSTRUCTION in fabulous location in historic Salem, IN...3BR, 2BA home with ease of living in mind with a custom home approach. This open floor plan features vaulted ceilings, kitchen island, beautiful cabinetry, LVP flooring, fireplace & much more. Plan was designed for maximum efficiency of space. Owner's suite offers linen cabinet, cultured marble shower with large closet. Large single car garage, covered front porch & deck are added amenities. Need more storage? An unfinished space with outside entry has been added below grade for mechanicals, lawn items or additional storage. High efficiency gas furnace, tankless water heater & spray foam insulation will provide comfort in the home & the pocket book. Easy commute to greater Louisville area via State Road 60....


    Map View

    Street View Not Available At this Location


    Mortgage Calculator

    Price & Interest: $1,239/month
    Property Tax: $2/month
    MTG INS: $0/month
    HOME INS: $99/month
    Down Payment
    $0
    Down Payment %
    0 %
    Home Owner Insurance
    $1,188 / year
    Property Taxes
    $2/month
    HOA Dues
    $0 / Month
    Interest Rate
    4.75 %
    Mortgage Ins.
    $0 / year
    Years
    30 Years
    Loan Price
    $1,340
    Price And Interest $1,239/month
    Property Tax $2/month
    MTG INS $0/month
    HOME INS $99/month
    Price And Interest:  $1,239/month
    Property Tax:  $2/month
    MTG INS:  $0/month
    HOME INS:  $99/month

    Listing provided courtesy of Mark Day with The Day Company 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

    212
    Avg. DOM
    $197.3
    Avg. $ / Sq.Ft.
    $ 221,950
    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 6843 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.