Sold
Last Sold Price
3 beds2,145 sqft
1575 W Water Tower Rd, Salem, IN 47167
Mobile/ManufacturedProperty Type
11.64 acresLot Size
1995Year Built
$59/sq ftPrice per sq ft
3 carsParking Spaces

Description

11+ acres perfect for HORSE LOVERS or the HUNTER AT HEART.... almost 1,300 s.f. on a full walkout basement and polebarn garage. Property boasts a decorative pond on the homesite and an additional stocked pond for animals. Food plots previously established. Property is partially fenced. Home will pass FHA, VA or USDA. Enjoy your coffee on the back deck and enjoy the abundance of wildlife!11+ acres perfect for HORSE LOVERS or the HUNTER AT HEART.... almost 1,300 s.f. on a full walkout basement and polebarn garage. Property boasts a decorative pond on the homesite and an additional stocked pond for animals. Food plots previously established. Property is partially fenced. Home will pass FHA, VA or USDA. Enjoy your coffee on the back deck and enjoy the abundance of wildlife!
  • Listed by: Lori Gilstrap • Day Company REALTORS
Listing closed: 01/22/2018 12:00 AM • Source: Indiana Regional MLS, MLS#: 201739130

Recent comparable sales

Median sold price

$135,000

Avg days on market

97

Sale-to-list ratio

89.4%

Salem, IN

9 comparable properties found

$140,000 | 16 Liberty Street, Salem, WV 26426
1/41
1

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Sold 07/11/25

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Bedrooms
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Square Feet
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$119,000 | 500 West Mulberry Street, Salem, IN 47167
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3
Bedrooms
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Square Feet
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Acres
$150,000 | 1533 West State Road 60, Salem, IN 47167
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Sold 12/09/25

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$129,900 | 1245 Lee Road 124, Salem, AL 36874
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$126,000 | 3951 North Cooley Lane, Salem, IN 47167
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Sold 08/27/26

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$95,000 | 405 North Mill Street, Salem, IN 47167
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3
Bedrooms
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Square Feet
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Acres
$185,000 | 436 West Water Tower Road, Salem, IN 47167
1/26
7

$185,000

Sold 05/18/26

3
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1,827
Square Feet
3.62
Acres
$135,000 | 1771 North Rush Creek Road, Salem, IN 47167
1/28
8

$135,000

Sold 03/12/26

3
Bedrooms
1,764
Square Feet
2.5
Acres
$256,500 | 4 Cavanaugh Court, Salem, IN 47167
1/37
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$256,500

Sold 06/16/25

3
Bedrooms
1,848
Square Feet
0.42
Acres

Location

Listing Courtesy of Day Company REALTORS

Sold By WCBOR Office

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Property Information for 1575 West Water Tower Road

Property Details
  • Taxes: $314 / year
  • MLS Type: Residential / Manuf. Home/Mobile Home
  • Style: One Story
  • Architectural Style: Ranch
  • Waterfront: No
  • Garage/Number Of Cars: 3
Building Information
  • Year Built: 1995
  • Lot Size: 11.64 AC / 507,038 SF
Summary
Location and General Information
  • Area: Washington County
  • City: Salem
  • Zip Code: 47167
  • State: IN
  • Township: Washington
  • Fips Code: 18175
  • Directions To Property: From Salem square, travel N on SR 135 for --- mi; turn left on W. Water Tower Rd; go -- mi and turn right on private drive to arrive at subject property. (You will see several mailboxes at the roadway next to the private drive)
  • Location: Rural
Taxes and HOA
  • Annual Taxes: $314
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2017
  • Parcel Number Id: 88-34-31-000-017.001-021
School Information
  • School District: Salem Community Schools
  • Elementary: Bradie M Shrum
  • Middle School: Salem
  • High School: Salem
Parking
  • Garage Length: 24.0
  • Garage Width: 36.0
  • Garage: Yes
  • Garage Type: Detached
Property
Lot Information
  • Class: RESIDENTIAL
  • Property Subtype: Manuf. Home/Mobile Home
  • Approx Lot Size Acres: 11.64
  • Lot Dimensions: 11.64 Acres
  • Below Grade Unfin Sqft: 447.0
  • Total Square Feet: 2592.0
  • Approx Lot Size Sqft: 507038.0
  • Above Grade Finished Sqft: 1296.0
  • Below Grade Finished Sqft: 849.0
  • Total Below Grade Sqft: 1296.0
  • Total Finished Sqft: 2145.0
  • Garage Square Feet: 864.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Partially Wooded, 10-14.999, Pasture
Property and Assessments
  • New Construction: No
  • Year Built: 1995
  • Age: 22
  • Planned Unit Development: No
Utilities
  • Water Utility: Public
  • Sewer: Septic
Interior and Exterior Features
Exterior Features
  • Driveway: Gravel
  • Exterior: Vinyl
  • Outbuilding 1: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Shingle
Interior Features
  • Basement Material: Poured Concrete
  • Basement: Yes
  • Basement/Foundation: Full Basement, Walk-Out Basement, Partially Finished
  • Cooling: Central Air
  • Fireplace: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Heating/Fuel: Gas, Forced Air
  • Number of Above Grade Bedrooms: 3
  • Number of Below Grade Baths: 1
  • Number of Below Grade Bedrooms: 0
  • Number of Full Baths Below Grade: 0
  • Number of Full Baths Main: 2
  • Number of Full Baths Upper: 0
  • Number of Half Baths Below Grade: 1
  • Number of Half Baths Main: 0
  • Number of Half Baths Upper: 0
  • Number of Total Rooms: 8
  • Total Number of Bedrooms: 3
  • Total Number of Full Baths: 2
  • Total Number of Half Baths: 1
  • Total Baths: 3
  • Total Number of Rooms Below Grade: 2
Room
Room Information
  • 1st Bedroom Length: 13.0
  • 1st Bedroom Level: Main
  • 1st Bedroom Width: 13.0
  • 2nd Bedroom Length: 12.0
  • 2nd Bedroom Level: Main
  • 2nd Bedroom Width: 10.0
  • 3rd Bedroom Length: 13.0
  • 3rd Bedroom Level: Main
  • 3rd Bedroom Width: 9.0
  • Dining Room Length: 13.0
  • Dining Room Level: Main
  • Dining Room Width: 9.0
  • Family Room Length: 25.0
  • Family Room Level: Basement
  • Family Room Width: 32.0
  • Kitchen Length: 13.0
  • Kitchen Level: Main
  • Kitchen Width: 10.0
  • Laundry Room Length: 7.0
  • Laundry Level: Main
  • Laundry Room Width: 6.0
  • Living/Great Room Length: 18.0
  • Living/Great Room Level: Main
  • Living/Great Room Width: 13.0

Property History for 1575 West Water Tower Road

DateEvent & SourcePriceAppreciation
Jan 22, 2018

Sold (Public Record)

Public Record #1280866384

$126,000
Jan 22, 2018

Sold (Public Record)

Public Record #1280866384

$126,000
Jan 22, 2018

Sold

Indiana Regional MLS #201739130

$126,000
DateEvent & SourcePrice
01/22/2018

Sold (Public Record)

Public Record #1280866384

$126,000
01/22/2018

Sold (Public Record)

Public Record #1280866384

$126,000
01/22/2018

Sold

Indiana Regional MLS #201739130

$126,000

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

Public Records for 1575 West Water Tower Road

Taxable ValueLand$30,800Additions$120,200Total$151,000
Tax Record2025$1,368 ($114 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,296 SqFtAbove Grade Finished SqFt1,296 SqFtUnfinished Basement SqFt1,296 SqFtStories1Lot Size507,126 SqFtStyleMiscellaneous ResidentialYear Built1995Year Renovated1995CountyWASHINGTONAPN88-34-31-000-017.001-021

Schools near 1575 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: 1575 West Water Tower Road, Salem, IN 47167
$126,000
3
2,145
507,038
$59,900
3
1,404
87,120
2
1,216
110,207
21,780
3
1
1,064
664,421
$159,900
3
1,565
541,015

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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 Day Company REALTORS

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.