Sold
Last Sold Price
3 beds1,565 sqft

1573 W Water Tower Rd, Salem, IN 47167

Single FamilyProperty Type
12.42 acresLot Size
2005Year Built
$102/sq ftPrice per sq ft
2 carsParking Spaces

Description

12.43 Acres with a really nice 1565 sq ft. open floor plan. Blt 2005, covered front porch, vaulted ceiling, skylights, eat-in kitchen with an oversized 2 car attached garage. Additional detached shed. Third bedroom to have closet installed, buyer to chose location with a 4' x 2' closet size. HMS WARRANTY for the 1st year. Ideal for animals or those toys that need room to ride. Easement and road maintenance agreement. Additional acreage can be purchased with this property see MLS#20140804712.43 Acres with a really nice 1565 sq ft. open floor plan. Blt 2005, covered front porch, vaulted ceiling, skylights, eat-in kitchen with an oversized 2 car attached garage. Additional detached shed. Third bedroom to have closet installed, buyer to chose location with a 4' x 2' closet size. HMS WARRANTY for the 1st year. Ideal for animals or those toys that need room to ride. Easement and road maintenance agreement. Additional acreage can be purchased with this property see MLS#201408047
  • Listed by: Russell Kruer • RE/MAX Ability Plus
Listing closed: 01/08/2016 12:00 AM • Source: Southern Indiana REALTORS® Association, MLS#: 201507066
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Recent comparable sales

Median sold price

$175,000

Avg days on market

98

Sale-to-list ratio

88.8%

Salem, IN

9 comparable properties found

$135,000 | 1771 North Rush Creek Road, Salem, IN 47167
1/28
1

$135,000

Sold 03/12/26

3
Bedrooms
1,764
Square Feet
2.5
Acres
$176,000 | 619 Michael Street, Salem, IN 47167
1/47
2

$176,000

Sold 02/27/25

3
Bedrooms
1,624
Square Feet
0.43
Acres
$185,000 | 436 West Water Tower Road, Salem, IN 47167
1/26
3

$185,000

Sold 05/18/26

3
Bedrooms
1,827
Square Feet
3.62
Acres
$147,500 | 409 North Water Street, Salem, IN 47167
1/41
4

$147,500

Sold 09/25/26

3
Bedrooms
1,520
Square Feet
0.2
Acres
$175,000 | 200 Washington Boulevard, Salem, IN 47167
1/22
5

$175,000

Sold 04/20/26

3
Bedrooms
1,760
Square Feet
0.21
Acres
$179,900 | 502 Colony Drive, Salem, IN 47167
1/20
6

$179,900

Sold 10/10/25

3
Bedrooms
1,404
Square Feet
0.24
Acres
$190,000 | 406 West Mulberry Street, Salem, IN 47167
1/20
7

$190,000

Sold 12/22/25

3
Bedrooms
1,796
Square Feet
0.36
Acres
$163,000 | 121 Bruce Street, Salem, IN 47167
1/20
8

$163,000

Sold 11/26/25

3
Bedrooms
1,599
Square Feet
0.25
Acres
$140,000 | 912 North Shelby Street, Salem, IN 47167
1/28
9

$140,000

Sold 02/18/25

3
Bedrooms
1,584
Square Feet
0.2
Acres

Location

Listing Courtesy of RE/MAX Ability Plus

Sold By Keller Williams Realty

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Property Information for 1573 West Water Tower Road

Property Details

  • Taxes: $725 / year
  • MLS Type: Residential / Residential
  • Architectural Style: OneStory
  • Stories: 1
  • Zoning: Agri/ Residential

Building Information

  • Stories: 1
  • Year Built: 2005
  • Lot Size: 12.42 AC / 541,015 SF

Summary

Location and General Information
  • Directions: Hwy 60/135 Go N on 135 around the square stay on 135 go through light at SR 56, go 3.4 mi to Left on Radio Tower Rd approx 1 mile to driveway you will be looking at water tower go straight up drive and to the right will take you to the home.
  • Longitude: -86.115226
  • State Or Province: IN
  • Township: Washington
  • Postal Code: 47167
  • City: Salem
  • County Or Parish: Washington
  • Latitude: 38.648441
  • Zoning Description: Agri/ Residential
Taxes and HOA Information
  • Tax Annual Amount: $725.00
  • Tax Legal Description: PT WH SE 31-3-4 2.01 AC & 10.422 ac
  • Tax Year: 2014
  • Association Fee: $.00
  • Additional Parcels Description: 88-34-31-000-017.000-021
  • Parcel Number: 883431000017004021
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached, GarageFacesFront, Garage, GarageDoorOpener
  • Attached Garage: Yes

Property

Lot Information
  • Below Grade Finished Area: 0.0
  • Above Grade Finished Area: 1565.0
  • Living Area: 1565.0
  • Lot Features: AdditionalLandAvailable
  • Lot Size Acres: 12.42
  • Lot Size Area: 12.42
  • Lot Size Square Feet: 541146.0
  • Lot Size Units: Acres
  • Building Area Total: 1565.0
Property and Assessments
  • Road Surface Type: Paved
  • Year Built: 2005
  • New Construction: No
  • Other Structures: Sheds
Utilities
  • Water Source: Connected, Public
  • Sewer: SepticTank

Interior and Exterior Features

Exterior Features
  • Construction Materials: VinylSiding, Frame
  • Exterior Features: Landscaping, Porch, Patio
  • Patio And Porch Features: Covered, Patio, Porch
  • Foundation Details: Block, Crawlspace
Interior Features
  • Basement: No
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Basement: CrawlSpace
  • Cooling: Yes
  • Cooling: CentralAir
  • Fireplace: No
  • Fireplaces Total: 0
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Heating: Yes
  • Bedrooms Total: 3
  • Heating: ForcedAir
  • Window Features: Blinds, Skylights, ThermalWindows
  • Laundry Features: MainLevel, Other
  • Levels: One
  • Rooms Total: 8
  • Interior Features: CeilingFans, EatinKitchen, MainLevelMaster, MudRoom, OpenFloorplan, SplitBedrooms, Storage, Skylights, UtilityRoom, VaultedCeilings

Mobile Home

Mobile Home Information
  • Human Modified: No

Agent

Confidential
  • Internet Entire Listing Display: Yes

Rental

Rental Information
  • Lease Considered: No
  • Lease Expiration: 04-07-2016
  • Occupant Type: Owner

Property History for 1573 West Water Tower Road

DateEvent & SourcePriceAppreciation
Jan 8, 2016

Sold

Southern Indiana REALTORS® Association #201507066

$159,900—
Nov 9, 2015

Pending

Southern Indiana REALTORS® Association #201507066

—
Oct 7, 2015

Listed (Active)

Southern Indiana REALTORS® Association #201507066

$149,900—
DateEvent & SourcePrice
01/08/2016

Sold

Southern Indiana REALTORS® Association #201507066

$159,900
11/09/2015

Pending

Southern Indiana REALTORS® Association #201507066

—
10/07/2015

Listed (Active)

Southern Indiana REALTORS® Association #201507066

$149,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

1573 West Water Tower Road

Beds

4

Baths

1

Total Finished SqFt

1,560 SqFt

Above Grade Finished SqFt

1,560 SqFt

Stories

1

Lot Size

87,556 SqFt

Schools near 1573 West Water Tower Road

This home is within Salem Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Bradie M Shrum Lower Elementary
PublicPK to 5

Salem Middle School
Public6 to 8

Salem High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1573 West Water Tower Road, Salem, IN 47167
$159,900
3
1,565
541,015
$13,500
–
–
–
130,680
$13,500
–
0.5
–
130,680
$12,000
–
0.5
–
130,811
–
–
2
1,216
110,207
$29,900
–
0.5
–
130,811

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Ability Plus

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.