407 N Main Street Salem, IN ^$ 189,900

407 N Main Street

^$ 189,900

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407 N Main Street

Salem, IN, 47167

^$ 189,900

Bedrooms4 Baths1.0 Sq 2,189

Monthly Estimate*

^$ 1,137

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Single Family Home for sale in Salem, IN

for $189,900 with 4 bedrooms and 1 full bath. This 2,189 square foot home was built in 1940 on a lot size of 0.2.

What a great LOCATION!! FANTASTIC BUSINESS OPPORTUNITY!! Great commercial building or residential home with CHARACTER on the HISTORIC North Main Street. This is the former James L. Tucker house with lots of history, original HARDWOOD FLOORS, NATURAL WOODWORK THROUGHOUT, The house on the property is currently being utilized as a successful Airbnb. Also, in the rear there is a carriage house, now converted into 2 efficiency rental apartments for additional income. Updated wiring a few years ago, Boiler in cellar is 17 yrs. old, tankless water heater, replacement windows throughout downstairs (except sunroom). 8 parking spaces in the rear and street parking out front. This property is crossed listed, MLS # 2024011907.

Single Family Active

Price

^$ 189,900

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 2,771

Style

OneAndOneHalfStory

Lot Size

0.2

Year Built

1940

Town/City

Salem

County/Region

Washington

MLS | Web ID

2024011897

Features

General

Interior Features Attic CeilingFans SeparateFormalDiningRoom EntranceFoyer EatInKitchen InLawFloorplan MainLevelPrimary MudRoom UtilityRoom NaturalWoodwork

Heating ForcedAir HotWater

Cooling WindowUnits WallWindowUnits

Utilities SewerAvailable

Possession Negotiable

Roof Metal

Appliances Dishwasher Oven Range Refrigerator

Exterior Features PavedDriveway Patio

Zoning Commercial

Patio/Porch Features Covered Patio

Architectural Style OneAndOneHalfStory

Construction Materials VinylSiding Frame

Year Built 1940

Township Washington

Levels OneAndOneHalf

Building Design Residential

Community Features Sidewalks

County Washington

New Construction No

Property Type Residential

HOA No

Garage Y/N No

Other Structures Sheds

Total Rooms 11

Full Baths 1

Status Active

Directions Go North through the stoplight on 135/56 property is 3rd house on the right.

City Salem

Zoning Description Commercial

MLS Area Downtown

Lot Size Units Acres

Lot Size Square Feet 8712.0

Listing Terms Cash Conventional

Tax Annual Amount 2771.0

Property Condition Resale

Lease Considered Y/N No

Standard Status Active

Occupancy Type Vacant

Property Sub Type Additional Residential

Interior

Basement CrawlSpace

Basement (Y/N) Yes

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

Above Grade Finished Area 2189.0

Half Baths 0

Laundry Features MainLevel LaundryRoom

Total Bedrooms 4

Below Grade Finished Area 0.0

Total Baths 1

Exterior

Lot Features CornerLot

Water Source Connected Public

Lot Size Area 0.2

Foundation Details Stone Cellar

Building Area Total 2189.0

Lot Size Acres 0.2

Road Surface Type Paved

Other Parking Off Street

Lot Size Source Assessor

Internal Only

Street Number 1 407

* Excluded Features

List By

Mary McCoskey Finkle

Listing Agent

Mainstreet Realtors

Broker

info@mainstreetrealtor.com

Affordability Calculator

$1,368

Per Month

Monthly Principal & Interest: $1,137
Monthly Property Taxes: $231
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Salem, IN

Average List Price ^$232,516

Percent of Sale Price 22%

About Salem, IN

6,081 Population

-1% Since 2002

^$37,209 Median Income

39.2 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1120661 Elementary School

1120959 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/5/2024	$189,900		Listed Price

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407 N Main Street, Salem, IN, 47167 is a Single Family Home for sale at $189,900 with 2,189 sqft and a lot size of 0.2. 407 N Main Street has 4 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 47167 which is in Salem, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The information being provided by Southern Indiana Realtors Association is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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407 N Main Street

Single Family Home for sale in Salem, IN

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