See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

501 E Voorhees St, Terre Haute, IN, 47802

0beds
1baths
846sqft
$143,000
$169price/sqft
$1,282/moest. monthly cost
$51,280/yrincome needed

About This Home

Turnkey salon ready commercial property on oversized corner lot. Excellent opportunity for an owner operator or investor to acquire a fully equipped, salon ready commercial building in Terre Haute. The sale includes all salon chairs, fixtures, and furnishings, eliminating startup equipment costs and allowing immediate use. The functional layout includes a lobby, kitchen area, washroom with two shampoo stations, bathroom, a main salon room with four styling stations, plus a semi private one chair room. A partial basement with laundry provides additional utility and storage. Situated on an oversized corner lot, the property offers strong visibility, convenient access, and includes a detached two car garage for parking or storage. Zoned commercial and well suited for continued salon use or conversion to other service based or professional concepts. Sale conveys real estate and equipment only—no client lists, goodwill, or business operations included

Getting Around

79
WalkingVery Walkable
20
TransitMinimal Transit
54
BikeBikeable

Schools

5/10

Construction

Condition

  • Year built: 1900

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: None

Bathroom1

  • Level: First

Bathroom2

  • Level: 0

Bathroom3

  • Level: 0

Bedroom2

  • Level: 0

Bedroom3

  • Level: 0

Bedroom4

  • Level: 0

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Interior Area

  • Total structure area: 846
  • Total interior livable area: 846 sqft

Master Bedroom

  • Level: 0

Property

Details

  • Parcel number: 840633426001.000002
  • Zoning: C-1

Features

  • Stories: 1

Lot

  • Lot size: 10,530 sqft
  • Lot size dimensions: 130x81

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

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Earthquake
Hail
Strong Wind
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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 $723$8,676
Home Insurance *$136$1,632
Property Taxes $239$2,868
Electricity $184$2,212
Total$1,282$15,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,954/yr
40% on housing$38,460/yr
45% on housing$34,186/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: 15.6%
15.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$169This listing

vs Other Active Listings

Avg $/sqft

ZIP 47802$106
Vigo County$89

vs Homes Sold Last Month

Median $/sqft

ZIP 47802$111
Vigo County$104

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
2026-03-09Listed for sale$149,900

For Sale by Agent

AgentJULIE WEIR
BrokerageREMAX R.E.A.

Similar Homes