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For sale
  • Price cut: $54.9K (5/21)
    $295,000

    2448 N Leval Ratt Road, Salem, IN 47167

    5beds
    --baths
    2,612sqft
    : 
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    Single Family Residence
    Built in 1940
    4 Acres Lot
    $-- Zestimate®
    $113/sqft
    $-- HOA

    What's special

    Nice-sized pole barn shedWrap-around drivewayWell-constructed horse barnWood-burning stoveWell-maintained groundsHardwood floors
    Welcome to this well-cared-for, idyllic, +/-4-acre hobby farm in Washington Co. This property sets itself apart by its country charm and well-maintained grounds. The home is set up and used as a 5-6 bedroom. Its large, spacious living room area with hardwood floors is the perfect place to unwind at the end of the day. The home is heated by a wood-burning stove in winter and naturally cools in summer, as large, beautiful maple trees shade it. New concrete patio and a porch over the front deck are just some of the recent improvements. The home does not have electric, but it is within a couple hundred feet and could be hooked up rather easily. It does, however, have city water, with hand hydrants located near the home, and a well. There is a septic tank and field, but it has not been in use for quite some time. Outside, you will find a nice-sized pole barn shed, a well-constructed horse barn, a fenced pasture with a stocked pond, and a cabinet shop, all with a wrap-around driveway. The shop has an office, plenty of workspace, and a garage area on one side. This property is in a quiet area and within walking distance to State Forest Land for hunting and hiking. A must-see to appreciate all it has to offer. (Seller is open to the possibility of splitting property and keeping 1.5 to 2 acres.)
    66 days
    |
    793
    |
    50
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kris Christianson,

    Whitetail Properties Real Esta,

    Zachary H Holt,

    Whitetail Properties Real Esta

    Source: SIRA,MLS#: 202607216MLS LogoOriginating MLS: Southern Indiana REALTORS Association

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      Heating
      • Other
      Cooling
      • None
      Features
      • Has basement: Yes
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 2,612
      • Total interior livable area: 2,612 sqft
      • Finished area above ground: 2,612
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Detached, Garage
      Lot
      • Size: 4 Acres
      Details
      • Parcel number: 0022050004

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Cellar
      Condition
      • Resale
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Sewer: None, Septic Tank
      • Water: Connected, Public, Well
      • Utilities for property: Sewer Not Available

      Community & HOA

      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $113/sqft
      • Tax assessed value: $113,000
      • Annual tax amount: $910
      • Date on market: 4/7/2026
      • Cumulative days on market: 67 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,944/mo

        Price history

        DateEventPrice
        5/21/2026Price change$295,000-15.7%$113/sqft
        Source: Whitetail Properties #105354 Report a problem
        4/7/2026Listed for sale$349,900+180.1%$134/sqft
        Source: SIRA #202607216 Report a problem
        6/15/2013Listing removed$124,900$48/sqft
        Source: Mainstreet REALTORS #201208296 Report a problem
        4/26/2013Price change$124,900-7.4%$48/sqft
        Source: Mainstreet Realtors #201208296 Report a problem
        12/18/2012Listed for sale$134,900$52/sqft
        Source: Mainstreet Realtors #201208296 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$777 +2.2%$113,000 +4.7%
        2023$760 +23.8%$107,900 +5.8%
        2022$614 +29.7%$102,000 +13.2%
        2021$473 -7.1%$90,100 +34.1%
        2020$510 -5.4%$67,200 -9.6%
        2019$539 +9.5%$74,300 +2.5%
        2018$492 +11.9%$72,500 -0.7%
        2017$440 +9.6%$73,000 +7%
        2016$402 +3%$68,200 -2.6%
        2014$390 -4.4%$70,000 +5.4%
        2013$408 -62.9%$66,400 +8.7%
        2012$1,099 -21.8%$61,100 -22.4%
        2011$1,405 -16.6%$78,700 -8%
        2010$1,684 +39.1%$85,500 +22.5%
        2009$1,210 -9.2%$69,800 -4.8%
        2007$1,333 +12%$73,300 +1.1%
        2006$1,190 $72,500

        Find assessor info on the county website

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          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 47167

          Getting around

          0 / 100
          Car-Dependent
          13 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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