Perfect location and still got that country feel. This property has all you need from the 1800+ sf home that has 3 bedrooms (potential of 4), 3.62 country acres including a creek within the property boundaries, 24' x 36' polebarn with electric and open lean-to, and an additional outbuilding. If you want additional heating option, the living room has hearth previously used for pellet stove. New luxury vinyl plank flooring in living room, and 40 yr waterproof LVP in master bath. The large family room could be used as a 4th bedroom, with bay window overlooking the back yard. A walk-in shower unit has been installed for future 3rd bathroom. This home is cozy, loved, and ready for its new owners.
For sale
$200,000
436 W Water Tower Road, Salem, IN 47167
3beds
1,827sqft
Est.:
Manufactured Home, Single Family Residence
Built in 1995
3.62 Acres Lot
$190,200 Zestimate®
$109/sqft
$-- HOA
What's special
Open lean-toAdditional outbuilding
- 8 days |
- 1,304 |
- 42 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: January 26, 2026 at 12:49pm
Listed by:
Lori J. Gilstrap,
The Day Company REALTORS
Source: SIRA,MLS#: 202605594
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Description: Flooring: Carpet
- Level: First
Bedroom
- Description: Flooring: Carpet
- Level: First
Bedroom
- Description: Flooring: Carpet
- Level: First
Dining room
- Description: Flooring: Vinyl
- Level: First
Family room
- Description: Flooring: Carpet
- Level: First
Other
- Description: new water proof flooring,Flooring: Luxury Vinyl Plank
- Level: First
Other
- Description: Flooring: Other
- Level: First
Kitchen
- Description: Flooring: Vinyl
- Level: First
Living room
- Description: Flooring: Luxury Vinyl Plank
- Level: First
Other
- Description: Laundry/utility,Flooring: Vinyl
- Level: First
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher
Features
- Ceiling Fan(s), Garden Tub/Roman Tub, Main Level Primary, Split Bedrooms, Storage
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,827
- Total interior livable area: 1,827 sqft
- Finished area above ground: 1,827
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Barn, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: Accessibility Features
Features
- Levels: One
- Stories: 1
- Waterfront features: Creek
Lot
- Size: 3.62 Acres
- Features: Garden, Stream/Creek
Details
- Additional structures: Pole Barn, Shed(s)
- Parcel number: 882405000005002021
- Zoning: Agri/ Residential
- Zoning description: Agri/ Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story,Manufactured Home
- Property subtype: Manufactured Home, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Septic Tank
- Water: Connected, Public
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $109/sqft
- Tax assessed value: $129,500
- Annual tax amount: $1,082
- Date on market: 1/22/2026
- Cumulative days on market: 9 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Body type: Double Wide
Estimated market value
$190,200
$150,000 - $226,000
$1,784/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Listed for sale | $200,000$109/sqft |
Source:  SIRA #202605594 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,059 +13.8% | $129,500 +8.4% |
| 2023 | $931 +11.9% | $119,500 +8.3% |
| 2022 | $832 +11.8% | $110,300 +15.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$954/mo
Principal & interest
$776
Property taxes
$108
Home insurance
$70
Climate risks
Neighborhood: 47167
Nearby schools
GreatSchools rating
- 7/10Bradie M Shrum Lower ElementaryGrades: PK-5Distance: 2 mi
- 6/10Salem Middle SchoolGrades: 6-8Distance: 2.1 mi
- 4/10Salem High SchoolGrades: 9-12Distance: 2.3 mi
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