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.
For sale
$199,900
1101 S Main Street, Salem, IN 47167
4beds
2,388sqft
Est.:
Single Family Residence
Built in 1920
1.93 Acres Lot
$-- Zestimate®
$84/sqft
$-- HOA
What's special
Fixer upperNewer garage
- 191 days
- on Zillow |
- 471 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: January 29, 2025 at 09:43am
Listed by:
Nathan Soliday,
Streamline Real Estate, LLC
Source: SIRA,MLS#: 2024011620
Originating MLS: Southern Indiana REALTORS Association

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Family room
- Level: First
Other
- Level: First
Other
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Main Level, Laundry Room
Features
- Entrance Foyer, Eat-in Kitchen, Bath in Primary Bedroom, Main Level Primary, Pantry, Utility Room
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 2,388
- Total interior livable area: 2,388 sqft
- Finished area above ground: 2,388
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
- Details: Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Exterior features: Porch
Lot
- Size: 1.93 Acres
- Features: Corner Lot
Details
- Additional structures: Garage(s)
- Parcel number: 882420000007000022
- Zoning: Commercial
- Zoning description: Commercial
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Crawlspace, Cellar
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $84/sqft
- Tax assessed value: $180,100
- Annual tax amount: $3,387
- Date on market: 10/16/2024
- Listing terms: Cash,Conventional
- Road surface type: Paved
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