For sale

$219,000

306 S Posey Street, Salem, IN 47167

3beds

1,561sqft

$1,406/mo

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Single Family Residence

Built in 1940

7,448 Square Feet Lot

$213,600 Zestimate^®

$140/sqft

$-- HOA

What's special

Spacious kitchenFresh neutral paintNew cabinetsFully fenced backyardBrand new roof

This move-in-ready completely renovated home offers 3 bedrooms, 1.5 baths, brand new roof and every other major system is new within the last 3 months, including the HVAC, central air, new electric service, water heater, and plumbing. The spacious kitchen features new cabinets, countertops and appliances; the bathrooms have been fully updated; fresh neutral paint runs throughout, creating a bright, warm feel in every room. Step outside to enjoy the fully fenced backyard. Included is a separate 2 story garage/workshop/potential apartment-or whatever you want to do with it. Call to schedule your showing today!

42 days
129
13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Description: Flooring: Luxury Vinyl Plank
Level: First
Dimensions: 13.7 x 11.5

Bedroom

Description: Flooring: Wood
Level: First
Dimensions: 8.10 x 11.2

Bedroom

Description: Flooring: Wood
Level: First
Dimensions: 13.3 x 9.3

Dining room

Description: Flooring: Wood
Level: First
Dimensions: 13.4 x 13.1

Other

Description: laundry is located in the full bath,Flooring: Luxury Vinyl Plank
Level: First
Dimensions: 9.4 x 9.8

Half bath

Description: Flooring: Wood
Level: First
Dimensions: 8.11 x 3.3

Kitchen

Description: Flooring: Wood
Level: First
Dimensions: 17.5 x 9.6

Living room

Description: Flooring: Wood
Level: First
Dimensions: 9.11 x 13.7

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Oven, Range, Refrigerator
Laundry: Main Level, Laundry Room

Features

Bath in Primary Bedroom, Main Level Primary, Utility Room, Vaulted Ceiling(s)
Basement: Full,Unfinished,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 1,561
Total interior livable area: 1,561 sqft
Finished area above ground: 1,561
Finished area below ground: 0

Property

Parking

Parking features: No Garage
Details: Off Street

Features

Levels: One
Stories: 1
Exterior features: Fence
Fencing: Yard Fenced

Lot

Size: 7,448 Square Feet

Details

Additional structures: Garage(s)
Parcel number: 0220097717
Zoning: Residential
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: One Story
Property subtype: Single Family Residence

Materials

Vinyl Siding, Frame
Foundation: Stone
Roof: Shingle

Condition

Resale
New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Connected, Public

Community & HOA

Location

Region: Salem

Financial & listing details

Price per square foot: $140/sqft
Tax assessed value: $72,600
Annual tax amount: $1,452
Date on market: 7/22/2026
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

Estimated market value

$213,600

$203,000 - $224,000

$1,362/mo

Price history

Date	Event	Price
7/22/2026	Listed for sale	$219,000+27172.7%$140/sqft
Source: SIRA #2026010269 Report a problem
7/13/2026	Listing removed	$1,200$1/sqft
Source: Zillow Rentals Report a problem
6/10/2026	Listed for rent	$1,200$1/sqft
Source: Zillow Rentals Report a problem
2/15/2018	Sold	$803$1/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,258 +9.2%	$72,600 +15.4%
2024	$1,152 +12.1%	$62,900 +9.2%
2023	$1,028 +8.4%	$57,600 +12.1%
2022	$948 +5.3%	$51,400 +8.4%
2021	$900 +3.4%	$47,400 +5.3%
2020	$870 +9%	$45,000 +3.4%
2019	$798 +159.7%	$43,500 +9%
2018	$307 +23.8%	$39,900 -5.7%
2017	$248 +1.2%	$42,300 +7.4%
2016	$245 +4.5%	$39,400 -0.5%
2014	$235 +6.5%	$39,600 +1.8%
2013	$220 +15.7%	$38,900 +16.8%
2012	$190 -52.9%	$33,300 -38.7%
2010	$404 +60%	$54,300 +32.8%
2009	$252 -10.9%	$40,900 +3%
2007	$283 -28.3%	$39,700 -2.5%
2006	$395	$40,700