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Lot/land
  • $1,499,900

    5484 N State Road 135, Salem, IN 47167

    0beds
    0baths
    213Acres
    Unimproved Land
    Built in ----
    213 Acres Lot
    $372,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Partial wrap around porch
    Beautiful recreational and tillable property located in scenic Washington County on State Road 135 north of Salem. This property boasts approx. 50 acres of good, fertile, tillable crop ground with a Crider Silt Loam Soil Type. The annual crop yields have been very good. This much acreage of tillable can provide a very good annual return on investment. The timber ground surrounding the crop field has a good mix of upland and bottomland hardwoods including poplar, white oak, sugar maple, red oak, chinkapin white oak, hickory and black walnut. The diverse size classes of the timber and the species mix make this a great timber investment property. The cabin has 3 bedrooms, living room with a brick fireplace, full basement with poured concrete walls, a partial wrap around porch, and overlooks the crop field and pasture as well as the grape arbor making this the perfect off grid home site. The basement has a water collection tank from the roof runoff as well as a wood burning furnace for more modern conveniences. Imagine sitting on the porch in the evening watching the bucks chasing the does or listening to the turkeys gobble in the spring. This property provides great opportunities for hunting with its open pastures and crop fields as well as the diverse timber types. The large crop field surrounded by acres of timberland just begs for an opportunity to tag a trophy whitetail. The pastures provide plenty of opportunity for a homestead farm raising chickens, goats or other critters. The upper pasture close to the shop is enclosed via a high fence for added opportunities raising livestock. With a little TLC the Apple Orchard and Grape Arbor could produce a bountiful harvest for homesteaders as well as a fabulous food source for hungry whitetails. There is a usable barn just below the cabin which would be great for storing equipment or housing critters. The barn has stairs with a loft for easy access. Towards the back of the property is a Sugar Shack just waiting for that first flow of Sugar Maple Sap to be cooked down. The location of the shack with the lay of the terrain makes this a perfect site for gravity flow sap collection directly to the shack. The entrance of the property has a nice shop building which can also serve as a bunk house or can be used for storage. City water and electric are available at the road. The shared drive coming into the property is an easement for the neighbor. A recent survey has been completed on the property. This property is shown by appointment only. Property lines on photos are approximations.
    17 days
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    256
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    10
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    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Haubry 812-525-8998,

    Geswein Farm & Land Realty

    Source: My State MLS,MLS#: 11866797

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 0
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 0
      • Finished area above ground: 0

      Property

      Lot
      • Size: 213 Acres
      Details
      • Additional structures: Barn(s)
      • Parcel number: 883420000012002012
      • Lease amount: $0

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Salem

      Financial & listing details

      • Tax assessed value: $333,400
      • Annual tax amount: $4,791
      • Date on market: 7/9/2026
      • Date available: 07/02/2026

        Estimated market value

        $372,900

        $332,000 - $403,000

        $2,445/mo

        Price history

        DateEventPrice
        7/9/2026Listed for sale$1,499,900+329.8%
        Source: My State MLS #11866797 Report a problem
        2/18/2026Listing removed$349,000
        Source: Whitetail Properties #94955 Report a problem
        2/12/2025Listed for sale$349,000
        Source: Whitetail Properties #94955 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,791 +114.4%$333,400 +3.4%
        2024$2,234 -27.8%$322,500 +70.5%
        2023$3,094 +72.7%$189,200 -25.6%
        2022$1,792 +58%$254,200 +81.6%
        2021$1,134 +16.6%$140,000 +25.9%
        2020$973 +1.8%$111,200 +3.3%
        2019$956 -19%$107,600 +2.2%
        2018$1,180 +14.2%$105,300 -20.7%
        2017$1,033 -4.4%$132,800 +4.6%
        2016$1,081 +84.7%$127,000 +25.5%
        2014$585 +4.2%$101,200 +3%
        2013$562 $98,300
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 47167

        Getting around

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