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Residential Land with Home for Sale in Salem, Indiana

100 Walnut Tree Dr, Salem, IN 47167

$1,500,000
2.1 acres
Active
$250k drop
Est $8,053/mo

Looking for the opportunity to have rental income? This is your chance with 8 buildings, 21 units and they are all leased. Great location just off of SR 60. Some of the apartments have P-TEK units that are both heat and air, others have forced air units with central air. Call to schedule your showing today, please allow enough time for the tenants to be notified.

41,190
Sq feet
31
Beds
23
Full baths
1975
Built

Location

Street address
100 Walnut Tree Dr
School district
Salem Comm.
Elevation
787 feet
Coordinates
38.6113, -86.1179

Directions

Take W Hackberry St, right onto W Cox Ferry Rd, Turn left onto W Cox Ferry Rd, Turn left onto Walnut Tree Dr.

Property details

Acreage
2.1 acres
Zoning
Multi Family
MLS #
SIREA 202509918
Posted

Property taxes

Recent
$8,442

Parcels

  • 0221050118

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Outdoor Spaces
Deck, Patio
Features
Covered Patio, Paved Driveway

Structure

Heating
Forced Air
Cooling
Central Air

Interior

Rooms
Basement, Bathroom x 5, Bedroom x 5
Appliances
Range, Refrigerator
Features
1 st Floor Main

Listing history

DateEventPriceChangeSource
Sept 6, 2025Price drop$1,500,000$250,000 -14.3%SIREA
July 31, 2025New listing$1,750,000SIREA
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This 2.1-acre property is located at 100 Walnut Tree Dr in Salem, IN 47167. The property is available for sale for $1,500,000. It has a 41,190 sq ft 31 bedroom, 23 bath house built in 1975.

Checked 1 hour ago — Updated

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