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Agricultural Land with Pasture
For Sale
$259,900

W Highway 60 at Temple Rd, Salem, IN 47167

Vacant Land, Salem, IN

Property SizeContact for details
Lot Size24.70 Acres
Days on Market240

Property Features for W Highway 60 at Temple Rd

General Information

Property type Land
Property subtype Other
Zoning Agri/ Residential
Lot features Adj River/ Stream/ Crk, Divisible Lot, Panoramic View, Park-like View, Scenic View, Wooded Lot
Directions Take Hwy 60 towards Salem, Turn LEFT onto Temple Rd. Property will be on the RIGHT.
Standard status Active
APN 881402000002001013
Lot size 24.70 Acres

Taxes and HOA fees

Tax Year 4049
Tax Description 18-02-500-002.001-09 PT NE 2-1-4 24.70ac
Tax Annual Amount 564
Legal Description 18-02-500-002.001-09 PT NE 2-1-4 24.70ac

Utilities

Water source Spring
Listing Agency: Schuler Bauer Real Estate Services ERA Powered (N · ERA Real Estate
Listed By: Breanna Cobbs
Added: Jan 26 Changed: Sep 20 Last Checked: Sep 23 at 10:06AM
MLS# 202605614

Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 24.7-acre agricultural property combines open pasture with wooded acreage and includes natural springs and a stream. The land is vacant and offers a mix of cleared and wooded terrain within a rural setting. Prior perc testing confirms suitability for a septic system, while utilities and high-speed internet are available.

Located at W Highway 60 and Temple Rd in Salem, Indiana, the property is zoned Agri/Residential. Its physical features and existing utility availability provide a practical foundation for agricultural or residential plans, subject to applicable approvals and site requirements.

Key Highlights

  • 24.7 acres of vacant agricultural land
  • Open pasture combined with wooded acreage
  • Natural springs and a stream cross the property

Property Analytics

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Current Use

Agricultural land / Farmland

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 47167, IN

15,683
Population
6,547
Households
2.4
Avg Household Size
42
Median Age
14%
College-Educated
88%
High-School Grad
213.0 sq mi
ZIP Area
74
Density / Sq Mi
$57,697
Median Household Income
$38,038
Median Earnings
$726
Median Rent
$161,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Agri/Residential zoning, available utilities, and prior perc testing support a range of rural land uses.
Where is this agricultural land / farmland located?
The property is located at W Highway 60 at Temple Rd Salem, IN.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 24.7 acres of vacant agricultural land; Open pasture combined with wooded acreage; Natural springs and a stream cross the property
More about this property
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