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

    2448 N Leval Ratt Rd, Salem, IN 47167

    --beds
    --baths
    --sqft
    : 
    $1,873/mo
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    Unimproved Land
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $101/sqft
    $-- HOA

    What's special

    Wrap-around drivewayWell-constructed horse barnQuiet area
    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 the property and keeping 1.5 to 2 acres.
    114 days
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    76
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    Zillow last checked:

    Listed by:

    Kris Christianson,

    Whitetail Properties

    Source: Whitetail Properties,MLS#: 105354

      Facts & features

      Interior

      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,927
      • Total interior livable area: 2,927 sqft

      Property

      Details
      • Parcel number: 882504000006002004

      Community & HOA

      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $101/sqft
      • Tax assessed value: $118,500
      • Annual tax amount: $827
      • Date on market: 4/7/2026
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,028/mo

        Price history

        DateEventPrice
        7/3/2026Pending sale$295,000$101/sqft
        Source: Whitetail Properties #105354 Report a problem
        5/21/2026Price change$295,000-15.7%$101/sqft
        Source: Whitetail Properties #105354 Report a problem
        4/7/2026Listed for sale$349,900+180.1%$120/sqft
        Source: SIRA #202607216 Report a problem
        6/15/2013Listing removed$124,900$43/sqft
        Source: Mainstreet REALTORS #201208296 Report a problem
        4/26/2013Price change$124,900-7.4%$43/sqft
        Source: Mainstreet Realtors #201208296 Report a problem
        12/18/2012Listed for sale$134,900$46/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

        Monthly payment

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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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