531 E Colony Drive Salem, IN ^$ 145,000

531 E Colony Drive

^$ 145,000

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531 E Colony Drive

Salem, IN, 47167

^$ 145,000

Bedrooms3 Baths1.0 Sq 1,092

Monthly Estimate*

^$ 964

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Single Family Home for sale in Salem, IN

for $145,000 with 3 bedrooms and 1 full bath. This 1,092 square foot home was built in 1979 on a lot size of 0.239991.

Come take a look at this adorable home in a quiet neighborhood in Salem! 100% USDA financing available! Whether you're a first time home buyer or looking for an investment, this 3 bedroom 1 bath home is a great choice. Fenced back yard has mature trees that provide plenty of shade. Shed in backyard for added storage for yard equipment.

Single Family Pending

Price

^$ 145,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,070

Style

OneStory

Lot Size

0.239991

Year Built

1979

Town/City

Salem

County/Region

Washington

MLS | Web ID

202407794

Features

General

Interior Features MainLevelPrimary UtilityRoom

Sewer PublicSewer

Heating Baseboard

Cooling CentralAir WindowUnits WallWindowUnits

Possession CloseOfEscrow

Appliances Oven Range Refrigerator Washer

Garage Spaces 1.0

Architectural Style OneStory

Construction Materials VinylSiding Frame

Year Built 1979

Stories 1

Township Washington

Levels One

Property SubType Residential

County Washington

New Construction No

Property Type Residential

Attached Garage Yes

Subdivision Name Rolling Way

Garage Y/N Yes

Other Structures Sheds

Total Rooms 8

Status Pending

Directions 65N to exit 19. Left on In 160W right on N Heritage Rd left on IN 56W right on Parkview Dr left on Colony Dr.

City Salem

Lot Size Square Feet 10454.4

Carport Y/N Yes

Street Name Colony

Listing Terms Cash Conventional FHA USDALoan VALoan

Tax Annual Amount 1070.0

Days on Market 3

Standard Status Pending

Property Sub Type Additional Residential

Interior

Basement CrawlSpace

Basement (Y/N) No

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

Above Grade Finished Area 1092.0

Full Baths 1

Half Baths 0

Street Suffix Drive

Laundry Features MainLevel LaundryRoom

Total Bedrooms 3

Below Grade Finished Area 0.0

Total Baths 1

Exterior

Parking Features Attached Carport Garage

Water Source Connected Public

Lot Size Area 0.24

Foundation Details Crawlspace

Building Area Total 1092.0

Lot Size Acres 0.24

Lot Size Units Acres

Lot Size Source PublicRecords

Internal Only

Street Number 1 531

* Excluded Features

List By

Rachel Dreyer

Listing Agent

Keller Williams Realty Consultants

Broker

rachel@realestatewithrachel.com

Affordability Calculator

$1,053

Per Month

Monthly Principal & Interest: $964
Monthly Property Taxes: $89
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Salem, IN

Average List Price ^$257,727

Percent of Sale Price 78%

About Salem, IN

6,081 Population

-1% Since 2002

^$37,209 Median Income

39.2 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1120661 Elementary School

1120959 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/13/2024	$145,000		Listed Price

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531 E Colony Drive, Salem, IN, 47167 is a Single Family Home for sale at $145,000 with 1,092 sqft and a lot size of 0.239991. 531 E Colony Drive has 3 bedrooms, 1.0 baths, and was built in 1979. The property's zip code is 47167 which is in Salem, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The information being provided by Southern Indiana Realtors Association is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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531 E Colony Drive

Single Family Home for sale in Salem, IN

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