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8960 Turkey Farm Road NW, New salisbury, IN, 47161

3beds
2baths
1,515sqft
$999,800
$660price/sqft
$6,786/moest. monthly cost
$271,440/yrincome needed

About This Home

There are 4 occupied chicken barns on this property. They are occupied through Petersburg Farms-Happy Eggs. The revenue is $13,000 per month. It is leased on a flock to flock basis. This 66.24 acre farm is 3 separate parcels. There are no exemptions. Great farmland and hunting property. The 3 bedroom, 2 bath home with attached garage is currently being used as a rental unit. The LP tank is leased. Viewing of the home requires 24 HR notice, tenant occupied. Farm does not require 24 HR notice. The crop land is leased and harvest will go to the farmer. Call to schedule your private showing today.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

10/10
7/10

Construction

Condition

  • Year built: 1952

Materials

  • Foundation: Block,Cellar
  • Construction materials: Brick,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: One Story
  • Property subType: Farm

Interior

Appliances

  • Laundry features: Main Level,Laundry Room

Basement

  • Has basement: Yes

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Separate/Formal Dining Room,Main Level Primary,Open Floorplan,Utility Room
  • Finished area below ground: 0
  • Finished area above ground: 1,515

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,515
  • Total interior livable area: 1,515 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 0070331500
  • Zoning: Agri/ Residential
  • Zoning description: Agri/ Residential

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 66.24 Acres

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Inland Flooding
Lightning
Winter Weather
Heat Wave
Ice Storm

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,055$60,660
Home Insurance *$582$6,984
Property Taxes $965$11,580
Electricity $184$2,212
Total$6,786$81,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$232,662/yr
40% on housing$203,580/yr
45% on housing$180,960/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$660This listing

vs Other Active Listings

Avg $/sqft

ZIP 47161$126
Harrison County$166

vs Homes Sold Last Month

Median $/sqft

ZIP 47161$172
Harrison County$149

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-16Price change$999,800
2025-11-07Price change$999,900
2025-06-06Listed for sale$1,250,000

For Sale by Agent

AgentMary McCoskey Finkle
BrokerageMainstreet REALTORS

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