For sale

$665,000

1861 Old Salem Road, Lanesville, IN 47136

5beds

3,258sqft

$4,190/mo

Get pre-qualified

Single Family Residence

Built in 1988

3.9 Acres Lot

$641,200 Zestimate^®

$204/sqft

$-- HOA

What's special

Granite countertopsPremium anderson windowsLarge stocked fishing pond

Welcome Home! Floyd County School District!! This spacious home offers over 3,200 sq ft of finished living space on a 3.90+/- acres lot with a large stocked fishing pond, conveniently located just 20 minutes from downtown Louisville. This home has been completely remodeled in 2026 which includes newly designed kitchen w/ lg kitchen island, granite countertops , Lg pantry, all bathrooms have been completely redesigned & refinished, all new luxury plank flooring on first floor and new carpet in lower level, Anderson exterior doors w/ multi-point locking door system for extra security, and premium Anderson windows. Mud room/laundry off 3 car garage. Guardian 24kw whole house Generac generator. Owned LP tank is at 70%. Septic pumped by Jecker in 2025. 16x14 utility pool barn with electric. Two parcels being sold which includes home and pond containing approx.. 2.4 acres and an additional buffer lot containing 1.5 acres perfect for building a large pool barn.

3 days
509
53

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Rooms

Room types: Family Room

Primary bedroom

Description: Large Main Bedroom w/ trey ceiling,Flooring: Luxury Vinyl Plank
Level: First
Dimensions: 14.8 x 15.4

Bedroom

Description: Bedroom #2 w/ Ceiling Fan,Flooring: Luxury Vinyl Plank
Level: First
Dimensions: 12.3 x 14.8

Bedroom

Description: Bedroom #3 w/ Vaulted Ceiling w/ ceiling fan,Flooring: Luxury Vinyl Plank
Level: First
Dimensions: 12.7 x 13.0

Bedroom

Description: Bedroom #4 currently used as theater room,Flooring: Carpet
Level: Lower
Dimensions: 13.0 x 13.8

Bedroom

Description: Bedroom #5 currently used as in home gym,Flooring: Other
Level: Lower

Family room

Description: Family Room - Basement,Flooring: Carpet
Level: Lower
Dimensions: 25.6 x 29.10

Other

Description: Hall Way Remodeled 2026,Flooring: Tile
Level: First
Dimensions: 4.11 x 10.4

Other

Description: Master Bath w/ double vanity Remodeled 2026,Flooring: Tile
Level: First
Dimensions: 9.11 x 13.10

Other

Description: Full Bathroom Remodeled in 2026,Flooring: Tile
Level: Lower
Dimensions: 5.11 x 8.10

Kitchen

Description: Completly Remodeled kitchen 2026,Flooring: Luxury Vinyl Plank
Level: First
Dimensions: 11.7 x 24.9

Living room

Description: Large Living with vaulted ceiling,Flooring: Luxury Vinyl Plank
Level: First
Dimensions: 18.0 x 22.7

Other

Description: This space would be perfect for a bar area.,Flooring: Carpet
Level: Lower
Dimensions: 8.5 x 9.0

Other

Description: Play Area/Pool Table,Flooring: Other
Level: Lower
Dimensions: 13.0 x 16.2

Other

Description: Unfinished Storage,Flooring: Other
Level: Lower
Dimensions: 9.4 x 22.8

Heating

Forced Air, Heat Pump

Cooling

Central Air, Heat Pump

Appliances

Included: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
Laundry: Main Level, Laundry Room

Features

Ceramic Bath, Ceiling Fan(s), Eat-in Kitchen, Game Room, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Open Floorplan, Pantry, Utility Room, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Windows: Blinds, Thermal Windows
Basement: Full,Partially Finished,Walk-Out Access,Sump Pump
Has fireplace: No

Interior area

Total structure area: 3,258
Total interior livable area: 3,258 sqft
Finished area above ground: 1,736
Finished area below ground: 1,522

Property

Parking

Total spaces: 3
Parking features: Attached, Detached, Garage, Garage Door Opener
Attached garage spaces: 3

Features

Levels: One
Stories: 1
Patio & porch: Covered, Deck, Porch
Exterior features: Deck, Landscaping, Porch
Has view: Yes
View description: Lake, Panoramic, Scenic
Has water view: Yes
Water view: Lake
Waterfront features: Lake, Lake Front
Frontage type: Lakefront

Lot

Size: 3.9 Acres
Features: Lake Front, Corner Lot, Wooded

Details

Additional structures: Pole Barn
Parcel number: 0020651001
Zoning: Residential
Zoning description: Residential
Other equipment: Generator

Construction

Type & style

Home type: SingleFamily
Architectural style: One Story
Property subtype: Single Family Residence

Materials

Brick, Frame
Foundation: Poured
Roof: Shingle

Condition

New construction: No
Year built: 1988

Utilities & green energy

Sewer: Septic Tank
Water: Connected, Public

Community & HOA

Community

Security: Radon Mitigation System
Subdivision: Old Salem Estates

HOA

Has HOA: No

Location

Region: Lanesville

Financial & listing details

Price per square foot: $204/sqft
Tax assessed value: $297,200
Annual tax amount: $2,616
Date on market: 10/14/2026
Cumulative days on market: 4 days
Listing terms: Cash,Conventional,FHA,USDA Loan
Road surface type: Paved

Estimated market value

$641,200

$609,000 - $673,000

$2,913/mo

Price history

Date	Event	Price
10/14/2026	Listed for sale	$665,000+35.7%$204/sqft
Source: SIRA #2026012509 Report a problem
7/21/2025	Sold	$490,000-18.2%$150/sqft
Source: SIRA #202508168 Report a problem
6/23/2025	Price change	$599,000-9.1%$184/sqft
Source: SIRA #202508168 Report a problem
5/27/2025	Listed for sale	$659,000$202/sqft
Source: SIRA #202508168 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,916 -1.8%	$297,200 +22.9%
2024	$1,951 -7.2%	$241,900 -3.7%
2023	$2,101 +5.6%	$251,300 -0.9%
2022	$1,991 +2.7%	$253,500 +6.8%
2021	$1,939 -6.9%	$237,300
2020	$2,083 +8.3%	$237,300 -8.6%
2019	$1,923 -6.4%	$259,600 +8.7%
2018	$2,053	$238,900 +0.4%
2017	$2,053 +16.7%	$237,900 +0.8%
2016	$1,759 -2.2%	$235,900 +18%
2014	$1,798 -1.6%	$199,900 +0.5%
2013	$1,827 +3%	$198,900 -1.1%
2012	$1,775 +7.3%	$201,100 +2.3%
2011	$1,654 -2.9%	$196,500 +1.6%
2010	$1,704 +21.5%	$193,500 +1.2%
2009	$1,402	$191,200