1101 S Main Street, Salem, IN 47167
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1101 S Main Street,Salem, IN 47167
$199,900
- 4 Beds
- 2 Baths
- 2,388 sq. ft.
- Single family
- Active
Listed by:nathan soliday
Office:streamline real estate, llc.
MLS#:2024011620
Source:IN_SIRA
Price summary
- Price:$199,900
- Price per sq. ft.:$83.71
About this home
Attention Storage Unit Investors! GREAT Income Property is zoned B1. Seller has engineering plans for 88 storage units to be built on the property and is approved by the state of Indiana. Large Home is a fixer upper but can be 4+ bedrooms along with a newer garage added to the home and would make a great rental property or small business location. Home is sold as is and needs a lot of repairs. When completed, the property has the potential to gross $7500+ per month in income. Property is located 1 mile south of the Salem Square between the square and the bypass. Great location, with a lot of potential. Seller is a licensed real estate agent. Please verify square footage of home if important.
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Home facts
- Year built:1920
- Listing Id #:2024011620
- Added:301 day(s) ago
- Updated:August 12, 2025 at 03:24 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,388 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1920
- Building area:2,388 sq. ft.
- Lot area:1.93 Acres
Utilities
- Water:Connected, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$199,900
- Price per sq. ft.:$83.71
- Tax amount:$3,387
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