W Lake John Hay Road Salem, IN $ 324,900
W Lake John Hay Road
$ 324,900
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W Lake John Hay Road

Salem, IN, 47167
$ 324,900
Baths0.0

Monthly Estimate*

$ 1,946

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Studio

Lots and Land for sale in Salem, IN

for $324,900. The lot size is 28.37.

Welcome to this versatile land opportunity in the breathtaking hills of Northern Washington County, IN. Situated on a ridge top at the end of a dead-end County Road near Lake John Hay, this gated property has stunning views of the lake in the valley below when the leaves fall. The centerfold feature of the listing is most definitely the 92 x 160 pole barn built just four years ago in 2020. Boasting City Water and Electric utilities, the barn has been used for housing cattle and showing horses. It features a dirt floor for livestock, and the right side of the barn can be finished out into a maximum of twenty horse stalls. It could also make a great income producing storage site for boats, campers, farm equipment, and the like. The electric fenced pasture areas behind the barn were previously used as a cattle feed site for 80 head of cattle at any given time, and contains a watering pond. The Northwest corner of the road frontage would make a great country home build site. The wooded acreage behind the barn contains a respectable stock of adolescent oak trees that would make a great buy and hold standing timber investment. The last select harvest occurred 20 years ago. Recreational pursuits include whitetail deer, turkey, and morel mushroom hunting. Take a look at the impressive buck sign found all over the property in the photos. Lake John Hay just down the road has a public boat ramp for fishing and boating pursuits. Ask about the stunning future cabin site in a cedar grove back in the woods! Consisting of two parcels, the County land records show a total of 28.37 acres between the two parcels. However, the actual acreage is closer to 44 acres. In talking to the Surveying department, a new survey would need to be done to record the actual and true acreage. Ten minute drive down 135 into downtown Salem, IN and under an hour drive to Louisville, KY.

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Lots and Land Active

Price

$ 324,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,041

Style

Agricultural Land

Lot Size

28.37

Town/City

Salem

County/Region

Washington

MLS | Web ID

202445772

Features
General
Road Frontage County
Status Active Active
Subdivision None
Township Monroe
Class LOTS AND LAND
Present Use Agriculture Recreational
Type Agricultural Land
Miscellaneous Fruit Trees
REO No
Area Washington County
Location Rural
High School Salem
City Salem
School District Salem Community Schools
Elementary School Bradie M Shrum
Middle School Salem
Legal Description 08-18-300-006.000-08 PT SW 18-3-4 5.371 & 08-19-200-001.001-08 W PT NW 19-3-4 23ac
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202445772
Agent First Name Evan
Agent Last Name Lattner
DOM 48
Tax Year 2024
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Exterior
Road Surface Paved
Road Access County
Lot Size Area 1235797
Lot Dimensions 1 111.66 ft x 1 111.66 ft
Fence Electric
Land Features Pole Barn
Waterfront Y/N No
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Interior
Fuel Type Electric Available
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* Excluded Features
List By
Evan Lattner

Listing Agent

Midwest Land & Lifestyle Llc

Broker

evanlattner@mwlandlifestyle.com

Email

Affordability Calculator

$2,033
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,946
Monthly Property Taxes
$87
Monthly 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
1544923 Elementary School
1281207 Middle School
Salem High School High School
Pricing History
DatePricePrice ChangeDescription
11/28/2024$324,900 Listed Price

Map


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W Lake John Hay Road, Salem, IN, 47167 is a Lots and Land for sale at $324,900 with a lot size of 28.37. W Lake John Hay Road is a studio with 0.0 baths. The property's zip code is 47167 which is in Salem, IN