Bank-owned opportunity in Salem, Indiana! Located in a beautiful, quiet neighborhood just minutes from town, this 3-bedroom, 2-bath home sits on a large lot and offers strong potential for investors or renovation-minded buyers. The home is in need of substantial repairs and updates, providing a great chance to add value. Features include a spacious living room, a separate dining area, and generously sized bedrooms. The second full bath was started but never fully finished. Additional highlights include a 1-car attached garage and a screened-in porch overlooking the yard. Property is being sold as-is. Ideal for investors or cash buyers looking for their next project.
Sold for $115,000
$115,000
107 Lakeview Drive, Salem, IN 47167
3beds
1,568sqft
Single Family Residence
Built in 1976
0.47 Acres Lot
$186,300 Zestimate®
$73/sqft
$1,680 Estimated rent
Home value
$186,300
$147,000 - $224,000
$1,680/mo
Zestimate® history
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$548/mo
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List your homeWhat's special
Generously sized bedroomsLarge lotSeparate dining area
Zillow last checked:
Listing updated:
Listed by:
Amber Spence,
First Saturday Real Estate
Bought with:
Sherri B. Purkhiser, RB14045641
The Day Company REALTORS
Source: SIRA,MLS#: 202605405
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Dining room
- Level: First
Family room
- Level: First
Family room
- Level: Lower
Other
- Level: Second
Other
- Description: unfinished
- Level: Lower
Kitchen
- Level: First
Heating
- Radiant
Cooling
- None, Window Unit(s), WallWindow Unit(s)
Appliances
- Laundry: In Basement, Laundry Room
Features
- Basement: Partial
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,568
- Total interior livable area: 1,568 sqft
- Finished area above ground: 1,568
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Basement, Garage Faces Front, Garage
- Attached garage spaces: 1
- Details: Off Street
Features
- Levels: Multi/Split
- Patio & porch: Porch, Screened
- Exterior features: Enclosed Porch
Lot
- Size: 0.47 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 0130108324
- Zoning: Residential
- Zoning description: Residential
- Special conditions: In Foreclosure,Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Tri-Level
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Stone
- Foundation: Poured
Condition
- Resale
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Septic Tank
- Water: Connected, Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $73/sqft
- Tax assessed value: $155,400
- Annual tax amount: $1,199
- Date on market: 1/15/2026
- Cumulative days on market: 21 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2026 | Sold | $115,000+5.5%$73/sqft |
Source:  SIRA #202605405 Report a problem | ||
| 10/20/2022 | Sold | $109,000-0.9%$70/sqft |
Source: SIRA #202208229 Report a problem | ||
| 9/16/2022 | Price change | $110,000-8.3%$70/sqft |
Source: SIRA #202208229 Report a problem | ||
| 8/11/2022 | Listed for sale | $120,000$77/sqft |
Source: SIRA #202208229 Report a problem | ||
| 8/3/2022 | Listing removed | -- |
Source: SIRA #202208229 Report a problem | ||
| 6/23/2022 | Price change | $120,000-7.7%$77/sqft |
Source: SIRA #202208229 Report a problem | ||
| 6/14/2022 | Price change | $130,000-7.1%$83/sqft |
Source: SIRA #202208229 Report a problem | ||
| 6/3/2022 | Price change | $140,000-6.7%$89/sqft |
Source: SIRA #202208229 Report a problem | ||
| 5/21/2022 | Price change | $150,000-6.3%$96/sqft |
Source: SIRA #202208229 Report a problem | ||
| 4/19/2022 | Listed for sale | $160,000+78%$102/sqft |
Source: SIRA #202208229 Report a problem | ||
| 10/7/2015 | Sold | $89,900$57/sqft |
Source:  MIBOR as distributed by MLS GRID #1175888J Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,199 +9.9% | $155,400 +6.7% |
| 2024 | $1,091 -1.2% | $145,700 +7.3% |
| 2023 | $1,104 -4.9% | $135,800 +4.3% |
| 2022 | $1,161 +22.7% | $130,200 +5.8% |
| 2021 | $947 +17.3% | $123,100 +9.1% |
| 2020 | $807 +15% | $112,800 +6.5% |
| 2019 | $702 +20.3% | $105,900 +9.7% |
| 2018 | $583 +15.4% | $96,500 -0.4% |
| 2017 | $505 +58.4% | $96,900 -1.4% |
| 2016 | $319 +18.1% | $98,300 -0.5% |
| 2014 | $270 +2.5% | $98,800 +2.9% |
| 2013 | $263 +1.9% | $96,000 +2.2% |
| 2012 | $258 -17.4% | $93,900 -4.5% |
| 2011 | $313 -41.7% | $98,300 -11.4% |
| 2010 | $536 +18% | $111,000 +3.4% |
| 2009 | $454 -0.1% | $107,300 +0.8% |
| 2007 | $455 -29.1% | $106,500 +3.3% |
| 2006 | $642 | $103,100 |
Find assessor info on the county website
Neighborhood: 47167
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Nearby schools
GreatSchools rating
- 7/10Bradie M Shrum Lower ElementaryGrades: PK-5Distance: 2.4 mi
- 7/10Salem Middle SchoolGrades: 6-8Distance: 2.4 mi
- 4/10Salem High SchoolGrades: 9-12Distance: 2.2 mi
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- Indiana
- Washington County
- Salem
- 47167
- 107 Lakeview Drive
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