Skip main navigation
For sale
  • $750,000

    1562 E Martinsburg Road, Salem, IN 47167

    4beds
    5,814sqft
    : 
    $4,913/mo
    Get pre-qualified
    Single Family Residence
    Built in 2015
    5.98 Acres Lot
    $720,300 Zestimate®
    $129/sqft
    $-- HOA

    What's special

    Versatile layout
    COUNTRY LIVING, SPACE & PRIVACY — AND ONLY 2 MINUTES TO HWY 60! YOU DON’T WANT TO MISS THIS ONE! This impressive 4-bedroom, 3-full-bath property offers the perfect combination of country living, convenience, flexibility, and room to spread out — all situated on approximately 5.98 beautiful acres. From the moment you arrive, you’ll appreciate the privacy and space this property provides. The versatile layout could potentially be used as two separate living areas, offering endless possibilities for a large family, multi-generational living, guests, or simply having plenty of room for everyone. And if you have toys, equipment, or recreational vehicles, you’ll love the abundance of space for storage and outdoor activities. This property is loaded with features designed for comfort, security, convenience, and peace of mind: 2-inch water meter, 1,000-gallon septic system, 400-amp electrical service,120,000 BTU furnace, Whole-home Generac generator, Full camera security system,Driveway alarm system. Plenty of room for toys, equipment, recreation, and outdoor enjoyment. Whether you're looking for room for your family, a property with flexible living arrangements, or a private country setting with excellent access to town and the highway, this one checks a lot of boxes! Properties offering this much acreage, space, flexibility, and convenience don't come along every day. Schedule your private showing today to see everything this property has to offer!
    1 day
    196
    10

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary McCoskey Finkle,

    Mainstreet REALTORS

    Source: SIRA,MLS#: 2026011678MLS LogoOriginating MLS: Southern Indiana REALTORS Association

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bonus Room, Family Room
      Primary bedroom
      • Description: Flooring: Carpet
      • Level: Second
      • Dimensions: 13 x 16
      Bedroom
      • Description: Flooring: Carpet
      • Level: Second
      • Dimensions: 17.8 x 11
      Bedroom
      • Description: Flooring: Carpet
      • Level: Second
      • Dimensions: 11.3 x 12
      Dining room
      • Description: Flooring: Luxury Vinyl Plank
      • Level: First
      • Dimensions: 13 x 10
      Other
      • Description: Master Bath,Flooring: Luxury Vinyl Plank
      • Level: Second
      • Dimensions: 7 x 10
      Other
      • Description: Flooring: Vinyl
      • Level: Second
      • Dimensions: 8 x 6.3
      Other
      • Description: Flooring: Luxury Vinyl Plank
      • Level: First
      • Dimensions: 6 x 7
      Kitchen
      • Description: Flooring: Luxury Vinyl Plank
      • Level: First
      • Dimensions: 14 x 17
      Living room
      • Description: Flooring: Carpet
      • Level: First
      • Dimensions: 13.4 x 17.7
      Other
      • Description: master closet,Flooring: Luxury Vinyl Plank
      • Level: Second
      • Dimensions: 7 x 10
      Other
      • Description: laundry room,Flooring: Other
      • Level: First
      • Dimensions: 16 x 12.8
      Heating
      • Forced Air, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
      • Laundry: Main Level, Laundry Room
      Features
      • Bookcases, Ceiling Fan(s), Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, In-Law Floorplan, Kitchen Island, Main Level Primary, Mud Room, Open Floorplan, Split Bedrooms, Second Kitchen, Storage, Utility Room, Vaulted Ceiling(s)
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 5,814
      • Total interior livable area: 5,814 sqft
      • Finished area above ground: 5,814
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 9
      • Parking features: Attached, Barn, Detached, Garage
      • Attached garage spaces: 9
      • Details: Off Street
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony, Covered, Patio, Porch
      • Exterior features: Balcony, Handicap Accessible, Landscaping, Porch, Patio, Water Feature
      • Has view: Yes
      • View description: Scenic
      • Frontage length: yes
      Lot
      • Size: 5.98 Acres
      Details
      • Additional structures: Garage(s), Pole Barn
      • Additional parcels included: 882428000007.000021
      • Parcel number: 882428000009000021
      • Zoning: Agri/ Residential
      • Zoning description: Agri/ Residential
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Two Story
      • Property subtype: Single Family Residence
      Materials
      • Metal Siding, Frame
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2015

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Connected, Public

      Community & HOA

      Community
      • Security: Security System
      HOA
      • Has HOA: No
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $129/sqft
      • Annual tax amount: $6,162
      • Date on market: 9/23/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        $720,300

        $684,000 - $756,000

        $3,245/mo

        Price history

        DateEventPrice
        9/23/2026Listed for sale$750,000-6.1%$129/sqft
        Source: SIRA #2026011678 Report a problem
        11/12/2025Listing removed$799,000$137/sqft
        Source: SIRA #202507441 Report a problem
        4/22/2025Listed for sale$799,000-6%$137/sqft
        Source: SIRA #202507441 Report a problem
        9/30/2024Listing removed$850,000$146/sqft
        Source: SIRA #202408926 Report a problem
        6/26/2024Listed for sale$850,000-43.3%$146/sqft
        Source: SIRA #202408926 Report a problem
        6/25/2024Listing removed--
        Source: SIRA #202407458 Report a problem
        4/29/2024Listed for sale$1,500,000$258/sqft
        Source: SIRA #202407458 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 47167

        Getting around

        2 / 100
        Car-Dependent
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts