A two-building office property in west Salem, Indiana, located at the junction of W. State Road 56 and W. State Road 60. The front building is configured to operate as a single office unit or can be adapted to a business duplex layout. The rear building includes a 15-by-30-foot office area with a half bath and a three-car garage. Both buildings are served by NGFA heating for year-round office use within the on-site spaces. The site provides ample parking and access from two points, with signage available for the property.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$1k

Tax billed · 2023

Assessed value$56k

Assessed land$13k

Assessed improvement$43k

Effective rate2.06%

Value estimate

· Oct 2026

$200k

$180k – $220k

AI approach$250k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand index

Realty agency11.8

Auto Parts Store9.3

Restaurant9.2

1700 State Rd 56 Salem, IN 47167-1245

County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby

Address Sale price Sold Size

900 Main, Salem, IN 47167-1046 $445,000 May 2025 3,348 SF

1358 Jackson, Salem, IN 47167-9190 $220,000 Jan 2024 1,714 SF

711 Mulberry, Salem, IN 47167-1521 $65,000 May 2023 6,144 SF

1320 Jackson, Salem, IN 47167-9167 $111,663 Nov 2019 1,302 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$280,000

1,344 SF

505 Homer St Ste, Unit 101

MEDICAL BUILDING

505 Homer St Ste, Salem, IN 47167-1698

View Details
Value Estimation
$275,000

2,436 SF

104 Connie Ave

MEDICAL BUILDING

104 Connie Ave, Salem, IN 47167-2305

View Details
Value Estimation
$265,000

3,348 SF

900 Main St

MEDICAL BUILDING

900 Main St, Salem, IN 47167-1046

View Details
Value Estimation
$260,000

3,572 SF

3751 State Rd 60

MEDICAL BUILDING

3751 State Rd 60, Salem, IN 47167-6487

View Details
Value Estimation
$180,000

768 SF

1500 Old 60

OFFICE (GENERAL)

1500 Old 60, Salem, IN 47167

View Details
Value Estimation
$290,000

3,987 SF

198 Joseph St

OFFICE (GENERAL)

198 Joseph St, Salem, IN 47167-6605

View Details

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1700 State Rd 56 Salem, IN 47167

Property summary