GREAT LOCATION in WASHINGTON COUNTY in SALEM, INDIANA ON SR 56. Located under 1 hour to Louisville, Ky ! LARGE TRACT of 150 +/- Acre FARM with approx 75+\- acres of rolling pasture/tillable ground . All pasture is fenced for cattle . You could convert the land back to row crop production and bank the cash rent for a Return On Investment ! 50+\-Acres of woods(some marketable timber) and a small pond. This property has unlimited potential for developing building sites with amazing rolling views in all directions or for building your dream home away from the hustle and bustle! Public water and electric at the street with 600' of road frontage and a separate 300' of RF .Newer fencing installed on the west side of farm and partly on the South side. City Dwellers come and drive by this property today and let your dreams come true !
Sold for $150,000
$150,000
4868 W State Road 56, Salem, IN 47167
2beds
0baths
150Acres
VacantLand
Built in 1948
150 Acres Lot
$326,800 Zestimate®
$123/sqft
$777 Estimated rent
Home value
$326,800
$242,000 - $435,000
$777/mo
Zestimate® history
Owner options
List your home for rent
$777/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$777/mo
Rent Zestimate®
Refinance and save
$958/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$958/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Washington county
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
Heating
- Other
Cooling
- Central
Interior area
- Total interior livable area: 1,216 sqft
Property
Lot
- Size: 150 Acres
- Topography: Pasture
Details
- Parcel number: 882327000005001021
- Zoning: Agricultural
Utilities & green energy
- Water: Public
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $148,800
- Annual tax amount: $1,115
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2025 | Sold | $150,000-78.7%$123/sqft |
Source: Public Record Report a problem | ||
| 2/7/2023 | Listing removed | -- |
Source: MLS of Southeastern Indiana Report a problem | ||
| 1/5/2023 | Price change | $705,000-1.1%$580/sqft |
Source: MLS of Southeastern Indiana #198014 Report a problem | ||
| 10/12/2022 | Price change | $712,500-5.3%$586/sqft |
Source: MLS of Southeastern Indiana #198014 Report a problem | ||
| 9/13/2022 | Listed for sale | $752,500+737%$619/sqft |
Source: MLS of Southeastern Indiana #198014 Report a problem | ||
| 4/21/2014 | Listing removed | $89,900$74/sqft |
Source: The Day Company REALTORS� #201400666 Report a problem | ||
| 1/25/2014 | Listed for sale | $89,900$74/sqft |
Source: The Day Company REALTORS� #201400666 Report a problem | ||
| 5/26/2013 | Listing removed | $89,900$74/sqft |
Source: The Day Company REALTORS #201302136 Report a problem | ||
| 3/27/2013 | Listed for sale | $89,900$74/sqft |
Source: The Day Company REALTORS #201302136 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,115 +9.8% | $148,800 +7.7% |
| 2024 | $1,015 +4.4% | $138,200 +6.8% |
| 2023 | $972 +6.5% | $129,400 +4% |
| 2022 | $913 +9.6% | $124,400 +12.4% |
| 2021 | $833 +178.8% | $110,700 +1.6% |
| 2020 | $299 -76.3% | $109,000 +67.4% |
| 2019 | $1,259 +19.1% | $65,100 +3.5% |
| 2018 | $1,057 +17.1% | $62,900 +0.3% |
| 2017 | $903 +2% | $62,700 +0.6% |
| 2016 | $886 -20.1% | $62,300 -0.5% |
| 2014 | $1,109 -0.7% | $62,600 +2.1% |
| 2013 | $1,117 -4.1% | $61,300 -4.5% |
| 2012 | $1,165 +2.6% | $64,200 -3.3% |
| 2011 | $1,135 -7.1% | $66,400 +8.3% |
| 2010 | $1,221 +28.1% | $61,300 +25.1% |
| 2009 | $953 +4.4% | $49,000 -0.6% |
| 2007 | $913 | $49,300 |
Find assessor info on the county website
Neighborhood: 47167
Nearby homes
- $193,5003 bd1 ba1.1k sqft4774 W State Road 56, Salem, IN 47167Off Market
- $110,8002 bd1 ba728 sqft4658 W State Road 56, Salem, IN 47167Off Market
- $236,9003 bd1 ba2k sqft4642 W State Road 56, Salem, IN 47167Sold
- $188,3003 bd1 ba2k sqft4642 W State Road 56, Salem, IN 47167Off Market
- $36,0003 bd2 ba1.1k sqft4610 W State Road 56, Salem, IN 47167Sold
- $290,3003 bd2 ba1k sqft4587 W State Road 56, Salem, IN 47167Off Market
- $9,600-- bd-- ba-- sqftN Side W State Rd, Salem, IN 47167Off Market
- $7,600-- bd-- ba-- sqftN Side W State Rd, Salem, IN 47167Off Market
Nearby schools
GreatSchools rating
- 7/10Bradie M Shrum Lower ElementaryGrades: PK-5Distance: 4.6 mi
- 7/10Salem Middle SchoolGrades: 6-8Distance: 4.6 mi
- 4/10Salem High SchoolGrades: 9-12Distance: 4.4 mi
Schools provided by the listing agent
- District: Salem Community
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Indiana
- Washington County
- Salem
- 47167
- 4868 W State Road 56
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Salem Topics
