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!
Active
$690,000
1562 S Martinsburg Rd, Salem, IN 47167
4beds
5,814sqft
Single Family Residence
Built in 2015
5.98 Acres Lot
$659,100 Zestimate®
$--/sqft
$-- HOA
What's special
Versatile layout
- 5 days
- 237
- 9
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Mary McCoskey Finkle info@mainstreetrealtor.com,
Mainstreet Realtors
Source: IRMLS,MLS#: 202645499
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Upper
Dining room
- Level: Main
- Area: 130
- Dimensions: 10 x 13
Kitchen
- Level: Main
- Area: 238
- Dimensions: 17 x 14
Living room
- Level: Main
- Area: 221
- Dimensions: 17 x 13
Heating
- Electric, Propane, Forced Air, Heat Pump
Cooling
- Central Air
Appliances
- Included: Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Electric Oven, Electric Range
- Laundry: Main Level
Features
- Ceiling-9+, Cathedral Ceiling(s), Ceiling Fan(s), Vaulted Ceiling(s), Eat-in Kitchen, Kitchen Island, Open Floorplan
- Flooring: Carpet, Other
- 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
Video & virtual tour
Property
Parking
- Total spaces: 9
- Parking features: Detached, Asphalt
- Garage spaces: 9
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch Covered
- Exterior features: Balcony
Lot
- Size: 5.98 Acres
- Features: 3-5.9999, Rural, Landscaped
Details
- Parcel number: 882428000009.000021
- Other equipment: Generator-Whole House
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Metal Siding
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 2015
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Salem
Financial & listing details
- Tax assessed value: $625,700
- Annual tax amount: $6,162
- Date on market: 11/4/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$659,100
$626,000 - $692,000
$3,085/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2026 | Listed for sale | $690,000 |
Source:  IRMLS #202645499 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,627 -12.3% | $625,700 +81.9% |
| 2024 | $4,138 +4.6% | $344,000 +3.5% |
| 2023 | $3,954 +56.6% | $332,300 +2.3% |
| 2022 | $2,525 +8% | $324,800 +37.9% |
| 2021 | $2,339 +5.6% | $235,600 +7.6% |
| 2020 | $2,215 +4.2% | $218,900 +5.1% |
| 2019 | $2,127 +45.3% | $208,200 +8.3% |
| 2018 | $1,464 +18% | $192,200 +19% |
| 2017 | $1,240 -42.6% | $161,500 +0.1% |
| 2016 | $2,160 +23.4% | $161,400 +97.1% |
| 2014 | $1,750 +979.4% | $81,900 +820.2% |
| 2013 | $162 +82.4% | $8,900 +81.6% |
| 2012 | $89 -81.2% | $4,900 -82.3% |
| 2011 | $473 -14.2% | $27,700 |
| 2010 | $552 | $27,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 47167
Nearby schools
Schools provided by the listing agent
- Elementary: Bradie M Shrum
- Middle: Salem
- High: Salem
- District: Salem Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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