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2048 S 3rd Street, Merom, IN 47861

For Sale

$15,500

3 beds • 1 baths • 1,618 sqft

Estimated Payment

$ 80 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $9.58
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Looking for a charming slice of history? Look no further than this historic home in Merom Indiana, said to be one of the first homes ever built in the area. With its gorgeous brick sourced locally, this cozy 3-bedroom, 1-bathroom home is just waiting for the right owner to come along and restore it to its former glory. Located in a prime spot, this fixer-upper property has great potential and plenty of room to grow. The nice yard provides plenty of space to enjoy the beautiful surroundings and breathe in the fresh air. So if you're looking for a unique, character-filled home with plenty of potential, this is the one for you. Don't miss out on the opportunity to own a piece of Merom history and put your stamp on it. Contact us today to schedule a tour and see the possibilities for yourself.
MLS# 105861

Courtesy Of SIGNATURE REAL ESTATE

(812) 268-3996

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    None
  • Exterior Type
    Brick

Map and Directions

Directions to 2048 S 3rd Street, Merom, IN 47861

Home seller CENTURY 21 Elite

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Elite

(812) 268-0200
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $80
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $80

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Carlisle Elementary School

Grades PK-5 Public School

Carlisle, IN 47838 10.9 miles
204 w eaton st

177 total students
11:1 Student teacher ratio

School Rating: B+

School Details

Sullivan Middle School

Grades 6-8 Public School

Sullivan, IN 47882 9.1 miles
415 w frakes st

292 total students
16:1 Student teacher ratio

School Rating: B

School Details

Sullivan High School

Grades 9-12 Public School

Sullivan, IN 47882 9.1 miles
902 n section st

514 total students
13:1 Student teacher ratio

School Rating: C-

School Details
Other Nearby Schools Distance Type Grades School Rating
Palestine High School 4.4 miles Public 9-12 C+
Rural Community Academy 4.5 miles Public KG-8 D
Palestine Grade School 4.8 miles Public PK-8 B-

Palestine High School

Distance: 4.4 miles

Type Public

Grades: 9-12

C+

Rural Community Academy

Distance: 4.5 miles

Type Public

Grades: KG-8

D

Palestine Grade School

Distance: 4.8 miles

Type Public

Grades: PK-8

B-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Merom, IN 47861

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Merom, IN 47861

This community’s employment is highest in the healthcare practitioners and administrative support industries. The area’s overall household expenses are above the national average.

89° July
Hottest Average Month
21° January
Coldest Average Month
217 Total Households in Area
-2.1% Increase in population since the year 2010
25.2%
of households
have children
34 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Merom, IN 47861

Merom, IN 47861 has a population of 547 people in 217 households with a median age of 39.1 years old.

-2.1%
Decrease in population
since the year 2010
Population is Trending down
212
Total households as of 2010
4.3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 39.1 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 95%
Hispanic <1%
Black <1%
Native American <1%
Other <1%
Asian <1%
The most prevalent ethnicity is White at 95%, followed by Hispanic at <1%, Black at <1%, and Native American at <1%.

Economics
for Merom, IN 47861

14 /sq mi
Population Density
$70,166 /yr
Median Household Income
$125,630
Median Sales Price
34 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $100-124,999k representing 19.23% of the households.

Transportation to Work

  • Drive 99%
  • Walk or Bike 1%
  • Public Transit 0%
  • Work from Home 0%

Occupancy by Type

Owned 192 78%
Vacant 30 12%
Rented 24 10%

White vs Blue Collar Jobs







White Collar 62%
Blue Collar 38%

Family & Education Facts
for Merom, IN 47861

39.1 Median Age

Average Household Size

2.5
persons per
household

59%

Married Households

Community Population By Education

High School Graduate 35%
Bachelors Degree 23%
Some High School 14%
Some College 13%
Associates Degree 9%
Graduate Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 34.54% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
25.2% of households have children

Weather
for Merom, IN 47861

The weather for this area ranges from a high of 89° F in July to a low of 21° F in January

89° July
Hottest Average Month
21° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
21°
38°
Feb
24°
42°
Mar
33°
53°
Apr
43°
66°
May
53°
76°
Jun
62°
85°
Jul
65°
89°
Aug
63°
87°
Sep
56°
81°
Oct
44°
69°
Nov
34°
54°
Dec
25°
42°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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