701 S Main Street Salem, IN ^$ 179,900

701 S Main Street

^$ 179,900

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701 S Main Street

Salem, IN, 47167

^$ 179,900

Studio Baths0.0

Monthly Estimate*

^$ 1,122

701 S Main Street, Salem, IN 47167 - Image 1

701 S Main Street, Salem, IN 47167 - Image 2

701 S Main Street, Salem, IN 47167 - Image 3

701 S Main Street, Salem, IN 47167 - Image 4

701 S Main Street, Salem, IN 47167 - Image 5

701 S Main Street, Salem, IN 47167 - Image 6

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Studio

Lots and Land for sale in Salem, IN

for $179,900. The lot size is 2.35.

What a great opportunity! Prime commercial location in the heart of Salem, right on the main strip! Perfect location for your new business! Endless Opportunities for this property! Property will be surveyed to divide. Owners are selling 1 acre +/-. Taxes will be determined once property has been divided. Call to schedule your showing today.

Lots and Land Active

Price

^$ 179,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 11,000

Style

Commercial Land

Lot Size

2.35

Town/City

Salem

County/Region

Washington

MLS | Web ID

202518392

Features

General

Road Frontage City

Status Active Active

Parking Off Street

Subdivision None

Township Washington

Class LOTS AND LAND

Present Use Commercial

Type Commercial Land

REO No

Status Detail 0

Area Washington County

Location City Commercial

High School Salem

City Salem

School District Salem Community Schools

Elementary School Bradie M Shrum

Middle School Salem

Legal Description 13-20-224-006.000-22 PT NW 20-2-4 2.35AC

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202518392

Agent First Name Mary

Agent Last Name McCoskey Finkle

DOM 203

Tax Year 2025

Exterior

Road Surface Paved

Road Access City

Lot Size Area 102366

Lot Dimensions irregular

Waterfront Y/N No

Interior

Fuel Type None

* Excluded Features

List By

Mary McCoskey Finkle

Listing Agent

Mainstreet Realtors

Broker

info@mainstreetrealtor.com

Affordability Calculator

$2,039

Per Month

Monthly Principal & Interest: $1,122
Monthly Property Taxes: $917
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Lots and land listings in Salem, IN

Average List Price ^$235,941

Percent of Sale Price 31%

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.

1544923 Elementary School

1281207 Middle School

Salem High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/12/2025	$179,900	-10.01%	Price Down
5/19/2025	$199,900		Listed Price

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701 S Main Street, Salem, IN, 47167 is a Lots and Land for sale at $179,900 with a lot size of 2.35. 701 S Main Street is a studio with 0.0 baths. 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 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/13/2025.

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701 S Main Street

Lots and Land for sale in Salem, IN

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