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Working Horse Farm with 10-Stall Barn
For Sale
$499,000

1971 Naugle Road, Salem, IN 47167

Working farm with a 10-stall barn, guest house, and multiple outbuildings for farming and animal operations.

Property Size2,640 SF
Price / SF$189.02
Days on Market136

Property Features for 1971 Naugle Road

General Information

Standard status Active
Size 2,640 SF
Property subtype Farm

Taxes and HOA fees

Annual Taxes $1,868

Amenities

None, A/C - Other
Unfinished Basement
3
Other
Storage
Metal
Covered, Porch
Outbuildings.
Panoramic, Scenic
17.1
Barn. Paved Road.

Building Details

Year Built 1990
Stories 2
Listing Agency: simpler.realestate
Listed By: Molly Bond · License #220831
Source: Xome
Added: Mar 28 Changed: Aug 7 Last Checked: Aug 10 at 2:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of simpler.realestate

Investment Insights

Based on property information with market context.

This working horse farm includes a 7-bedroom main residence with an expansive interior designed around two large gathering spaces. The first floor features a primary suite, with six additional bedrooms upstairs plus a large bonus room, and hardwood flooring throughout. A basement provides space for storage or overflow use. A 1-bedroom guest house (20x32) with kitchen, bedroom, and family room sits just outside the main home.

The property spans 17 acres and is set up for farm operations with multiple pastures and fencing for horses and other farm animals. On-site improvements include a 10-stall barn with a spring-fed water system and a 34x52 feed room, along with a spring house fed by a continuously flowing stream of water. Additional facilities include a separate dog kennel with indoor quarters and outdoor runs, an 8x16 chicken house for 15–20 chickens, a 10x42 lean-to, a 24x40 storage shed, and two additional storage buildings.

Located at 1971 N Naugle Road in Salem, IN 47167, the layout supports day-to-day animal care and storage needs while maintaining a dedicated living setup for both the main household and guest use.

Key Highlights

  • 17‑acre working farm with panoramic, scenic views; paved road access
  • 1990 home with 7 bedrooms, expansive interior living spaces, and 1st‑floor primary suite
  • Unfinished basement plus covered porch; metal roof and vinyl exterior

Property Analytics

Current Use

Farms

Suggested Use

Top Pick Grocery & Convenience Store Discount Store Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Farm - Working farm with a 10-stall barn, guest house, and multiple outbuildings for farming and animal operations.
Where is this farm located?
The property is located at 1971 Naugle Road Salem, IN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 17‑acre working farm with panoramic, scenic views; paved road access; 1990 home with 7 bedrooms, expansive interior living spaces, and 1st‑floor primary suite; Unfinished basement plus covered porch; metal roof and vinyl exterior
More about this property
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