Pending

Price cut: $49.8K (6/30)

$450,000

4946 W Arrow Rd, Salem, IN 47167

5beds

4,960sqft

$2,915/mo

Get pre-qualified

Single Family Residence

Built in 2005

20 Acres Lot

$431,500 Zestimate^®

$--/sqft

$-- HOA

What's special

You do not want to miss this one! BRAND NEW METAL ROOF! Beautiful cabin with oak hardwood flooring, custom built kitchen island,a lot of cabinets, antique wood trusses great OPEN FLOOR PLAN all sitting on 20 acres with almost 5000 sq ft.This property offers quiet, secluded living consisting of an orchard with a variety of fruit trees, and garden area. You will love covered front and back porches for great outdoor living. The pole barn is 48x54. The lower level has a second kitchen and 2 outside entrances would be perfect for rental income or an inlaw quarters. Call to schedule your showing today!

252 days
157
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Main level bedrooms: 2

Bedroom 1

Level: Main

Bedroom 2

Level: Main

Living room

Level: Main
Area: 986
Dimensions: 29 x 34

Heating

Baseboard, Other

Cooling

Window Unit(s)

Appliances

Included: Dishwasher, Microwave, Washer, Dryer-Electric, Electric Oven, Electric Range
Laundry: Main Level

Features

Ceiling Fan(s), Beamed Ceilings, Vaulted Ceiling(s), Kitchen Island, Open Floorplan, Main Level Bedroom Suite, Great Room
Flooring: Hardwood, Tile
Basement: Walk-Out Access,Concrete
Has fireplace: No

Interior area

Total structure area: 7,440
Total interior livable area: 4,960 sqft
Finished area above ground: 4,960
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Features

Levels: One
Stories: 1
Patio & porch: Deck Covered

Lot

Size: 20 Acres
Features: 15+, Wooded, Rural

Details

Additional structures: Pole/Post Building
Parcel number: 883334000017.001009

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Slab
Roof: Metal

Condition

New construction: No
Year built: 2005

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: None

Location

Region: Salem

Financial & listing details

Tax assessed value: $182,300
Annual tax amount: $1,920
Date on market: 1/13/2026
Listing terms: Cash,Conventional

Estimated market value

$431,500

$410,000 - $453,000

$3,146/mo

Price history

Date	Event	Price
8/13/2026	Pending sale	$450,000
Source: IRMLS #202601269 Report a problem
6/30/2026	Price change	$450,000-10%
Source: IRMLS #202601269 Report a problem
4/24/2026	Price change	$499,8000%
Source: IRMLS #202601269 Report a problem
12/11/2025	Listed for sale	$499,900$101/sqft
Source: SIRA #2025013000 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,776 -2.3%	$180,100 -1.2%
2024	$1,817 +3.1%	$182,300 -1%
2023	$1,762 +0.1%	$184,200 +3.3%
2022	$1,760 +17.7%	$178,300 +8.9%
2021	$1,496 -3.4%	$163,700 +9%
2020	$1,549 -4.6%	$150,200 -5.7%
2019	$1,623 +11.4%	$159,200 +3.6%
2018	$1,458 +21.3%	$153,700 -2.4%
2017	$1,201 +8.1%	$157,500 +7.4%
2016	$1,112 -9.9%	$146,600 -9.2%
2014	$1,234 +4.6%	$161,500 +4%
2013	$1,180 +12.5%	$155,300 +3.5%
2012	$1,049 +34.6%	$150,100 +24.3%
2011	$780 -8.5%	$120,800 +2.1%
2010	$851 +73.8%	$118,300 +53.4%
2009	$490 -20.7%	$77,100 -24.3%
2007	$617	$101,900