19 days on rocket

W Lake John Hay Rd, Salem, IN, 47167

$324,900

Land

Location

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Property Highlights

Home TypeAgriculture
MLS #202445772
Lot Size28.37 Acres
StatusActive

About W Lake John Hay Rd

Welcome to this versatile land opportunity in the breathtaking hills of Northern Washington County, IN. Situated on a ridge top at the end of a dead-end County Road near Lake John Hay, this gated property has stunning views of the lake in the valley below when the leaves fall. The centerfold feature of the listing is most definitely the 92 x 160 pole barn built just four years ago in 2020. Boasting City Water and Electric utilities, the barn has been used for housing cattle and showing horses. It features a dirt floor for livestock, and the right side of the barn can be finished out into a maximum of twenty horse stalls. It could also make a great income producing storage site for boats, campers, farm equipment, and the like. The electric fenced pasture areas behind the barn were previously used as a cattle feed site for 80 head of cattle at any given time, and contains a watering pond. The Northwest corner of the road frontage would make a great country home build site. The wooded acreage behind the barn contains a respectable stock of adolescent oak trees that would make a great buy and hold standing timber investment. The last select harvest occurred 20 years ago. Recreational pursuits include whitetail deer, turkey, and morel mushroom hunting. Take a look at the impressive buck sign found all over the property in the photos. Lake John Hay just down the road has a public boat ramp for fishing and boating pursuits. Ask about the stunning future cabin site in a cedar grove back in the woods! Consisting of two parcels, the County land records show a total of 28.37 acres between the two parcels. However, the actual acreage is closer to 44 acres. In talking to the Surveying department, a new survey would need to be done to record the actual and true acreage. Ten minute drive down 135 into downtown Salem, IN and under an hour drive to Louisville, KY.

Property Details

Property Features

Listing Office:

  • Office Name: Midwest Land & Lifestyle LLC
  • Office Phone: (812) 568-8698
  • Listing Agent: Evan Lattner

Virtual/3D Tour

  • Virtual Tour: W Lake John Hay Rd
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Lot Features

Lot Information:

  • Lot: Pole Barn
  • Lot Size: 28.37 Acres

Other

Directions Information:

  • Directions: Coming North on Hwy 135 from Salem, take a left onto W Lake John Hay Rd. Continue approximately 1 mile, and the property gate will be on the left side of the Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $324,900
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Housing Market Comparison

See how this home compares to others in Salem, IN.

Med. List Price

$199.9K

Med. Price/SqFt

$121

Avg. Days On Market

76

# of Sold Homes

3

W Lake John Hay Rd vs Salem

19 DAYS ON ROCKET

-57 Days

$324,900

+$125K More

KEY TAKEAWAY

This property is $125K more than the Median List Price in Salem, IN.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Number: #202445772

Listing Office:

  • Office Name: Midwest Land & Lifestyle LLC
  • Office Phone: (812) 568-8698
  • Listing Agent: Evan Lattner

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:55:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,689

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4285256
6
/10
  • Bradie Shrum Elementary School

  • 11101 N Shelby St

  • 4.71 miles

  • Public District Grades PK-5

school-card-donut-4285257
8
/10
  • West Washington Elementary School

  • 8030 W Batts Rd

  • 9.79 miles

  • Public District Grades PK-6

school-card-donut-4285258
3
/10
  • Medora STEM Academy

  • 82 S George

  • 10.31 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,598. Residents of Salem, IN typically earn between $35k-100k each year. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About W Lake John Hay Rd

What is the listing price of this property?

The listing price of W Lake John Hay Rd property is $324,900.

What type of property is this?

The property W Lake John Hay Rd is land located in Salem, Indiana, 47167.

Is this property for sale now?

Active Listing: W Lake John Hay Rd is For Sale (Active/New) which means the seller is accepting offers.
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Rocket HomesIndianaWashington CountySalem47167W Lake John Hay Rd

This home is located at W Lake John Hay Rd in Salem, IN and zip code 47167. It has been listed on Rocket Homes since November 28, 2024 and is currently priced at $324,900.

Between October 2024 and November 2024, Salem, IN real estate market has seen increase in the number of listings by 30%. In November 2024, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $199,900.

From Rocket Homes Real Estate and based on county public records data.

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