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$252,500 ↓$7,400on 9/30/2024

605 W Market Street Salem, IN  47167

  • 3 Beds
  • 2 Baths
  • 1,560 sq. Ft

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Property Description for 605 W Market Street Salem, IN 47167

This beautifully remodeled 3 bedroom 2 bath home in a convenient Salem location will check all of your boxes! Features of this home include all new wiring with new 200 Amp service, new plumbing, new HVAC, new drywall, oversized windows, new roof and exterior doors. Vaulted tongue and groove ceiling in the dining room, luxurious kitchen with soft close cabinets, black stainless Samsung appliances, luxury vinyl plank flooring in the common areas, new carpet in the bedrooms, master bath includes walk in shower, spare bathroom is spacious with dual vanity, fenced in back yard and detached garage make this home complete.

Address:605 W Market Street Salem IN 47167
Status:Active
on site: 93 days
Price:$252,500
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,560
Year Built:1940
Lot Size:0.24
County: Washington
Township: Washington
MLS #:202409331
Property Type:Residential

Lot Dimensions:10454.4
Road Surface:Paved
Zoning:Residential
Water Source:Connected, Public
Directions:From Salem square, travel west on Market Street, go through the four way stop, second home on the right.
Upper Level Sq. Ft. :1,560
Total Sq. Ft. :1,560
Sq. Ft. Source:ListingAgent
Basement:Yes

Loan Price
$1,497
Price And Interest $1,317/month
Property Tax $75/month
MTG INS $0/month
HOME INS $105/month
Price
$252,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$75/month
Home Owner Insurance
$1,260 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/30/24 $259,900 $252,500 -2.85%
08/14/24 $264,900 $259,900 -1.89%

Semi-Annual Property Tax:$450
Mandatory HOA Fee:$

City:Salem
Zip Code:47167

Total Sq. Ft.:1,560
Interior Features:CeilingFans, MainLevelPrimary, OpenFloorplan, UtilityRoom
Appliances:Dishwasher, Microwave, Oven, Range
Porch / Patio:Porch
Exterior Features:Porch
Exterior Type:VinylSiding
Cool:HeatPump
Heat:HeatPump
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 Sandra White 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

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 5127 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.