$199,900

701 S Main St Salem, IN 47167

2.4 acres
Land

Property details

About 701 S Main St

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.

Highlights

Home typeBusiness
StatusActive
Lot size2.35 Acres
MLS #202518392

Virtual tour

Summary

  • List Price: $199,900
  • Annual Tax Amount: $768
  • Tax Year: 2023
  • Directions: Highway 60 into Salem, turn right, property is on the left
  • Lot Size: 2.35 Acres
  • MLS Number: 202518392
  • Office Name: Mainstreet Realtors
  • Office Email: info@mainstreetrealtor.com
  • Listing Agent: Mary McCoskey Finkle

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively 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 deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/20/2025, 6:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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701 S Main St, Salem, IN 47167

$199,900

701 S Main St

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Price information

Property sales

DateEventPrice
Feb 11, 2022
Home Sold
$105,000

Tax history

YearAssessmentProperty Tax
2023$25,600$768
2022$161,600$3,508
2021$147,000$3,069
2019$136,500$2,801
2017$135,200$2,953

History based on county public records data.

Nearby schools

6

Bradie Shrum Elementary School

Public District PK-5

1.3 mi

11101 N Shelby St

9

West Washington Elementary School

Public District PK-6

7.3 mi

8030 W Batts Rd

8

East Washington Elementary School

Public District PK-4

8.0 mi

1020 N Eastern School Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,224. Residents of Salem, IN typically earn between $35k-100k each year. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

31%
<35k
52%
35k-100k
17%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

25%
Single, No Kids
11%
Single, with Kids
43%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
16%
18-34 yrs old
43%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dollar GeneralDollar General
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • CountryCountry
All data provided by Home Junction and Claritas

Frequently asked questions

About 701 S Main St

The listing price of 701 S Main St property is $199,900.

The property 701 S Main St is land located in Salem, Indiana, 47167.

Active Listing: 701 S Main St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 701 S Main St are: Bradie Shrum Elementary School (GreatSchools Rating 6/10), West Washington Elementary School (GreatSchools Rating 9/10), East Washington Elementary School (GreatSchools Rating 8/10), Salem Middle School (GreatSchools Rating 5/10), East Washington Middle School (GreatSchools Rating 5/10), Austin Middle School (GreatSchools Rating 4/10), Salem High School (GreatSchools Rating 4/10), West Washington Jr-Sr High School (GreatSchools Rating 6/10), Eastern High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $768 (source: MLS/based on county public records data).

The last sale was on February 11, 2022 for $105,000 (source: MLS/tax record).

This home is located at 701 S Main St in Salem, IN and zip code 47167. This home sits on a 2.35 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $199,900.

Salem, IN housing market in May 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 4 sold below. The inventory of homes for sale in Salem, IN between April and May 2025 increased by 21.4%.

From Rocket Homes Real Estate and based on county public records data.

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