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Sold for $295,000
  • $295,000

    2448 N Leval Ratt Road, Salem, IN 47167

    5beds
    --baths
    2,612sqft
    Single Family Residence
    Built in 1940
    4 Acres Lot
    $295,100 Zestimate®
    $113/sqft
    $1,989 Estimated rent

    Home value

    $295,100

    Estimated sales range

    Not available

    $1,989/mo

    Zestimate® history
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    $1,847/mo

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    What's special

    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.)

    Zillow last checked:

    Listing updated:

    Listed by:

    Kris Christianson,

    Whitetail Properties Real Esta,

    Zachary H Holt,

    Whitetail Properties Real Esta

    Bought with:

    Kris Christianson, RB21001754

    Whitetail Properties Real Esta

    Zachary H Holt, RB18001466

    Whitetail Properties Real Esta

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

    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: $118,500
    • Annual tax amount: $910
    • Date on market: 4/7/2026
    • Cumulative days on market: 141 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/26/2026Sold$295,000$113/sqft
    Source: SIRA #202607216 Report a problem
    7/3/2026Pending sale$295,000$113/sqft
    Source: Whitetail Properties #105354 Report a problem
    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
    2025$827 +6.5%$118,500 +4.9%
    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

    Neighborhood: 47167

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $295,100
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    +$5,902
    With Zillow Showcase(estimated)
    $301,002
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $295,100
    2% more
    +$5,902
    With Zillow Showcase(estimated)
    $301,002