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For sale
    • Price cut: $49.8K (6/30)
    $450,000

    4946 W Arrow Road, Salem, IN 47167

    5beds
    4,960sqft
    : 
    $2,828/mo
    Get pre-qualified
    Single Family Residence
    Built in 2005
    20 Acres Lot
    $438,300 Zestimate®
    $91/sqft
    $-- HOA

    What's special

    Garden areaAntique wood trussesCustom built kitchen islandBrand new metal roofA lot of cabinetsOak hardwood flooringGreat open floor plan
    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!
    230 days
    |
    1,119
    |
    87
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary McCoskey Finkle,

    Mainstreet REALTORS

    Source: SIRA,MLS#: 2025013000MLS LogoOriginating MLS: Southern Indiana REALTORS Association

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room
      Primary bedroom
      • Description: Flooring: Wood
      • Level: First
      • Dimensions: 20 x 20
      Bedroom
      • Description: Flooring: Wood
      • Level: First
      • Dimensions: 15 x 10
      Bedroom
      • Description: Flooring: Other
      • Level: Lower
      • Dimensions: 12 x 15
      Bedroom
      • Description: Flooring: Other
      • Level: Lower
      • Dimensions: 15 x 15
      Bedroom
      • Description: Flooring: Other
      • Level: Lower
      • Dimensions: 12 x 15
      Dining room
      • Description: Flooring: Wood
      • Level: First
      Family room
      • Description: Flooring: Wood
      • Level: First
      Other
      • Description: Flooring: Other
      • Level: Lower
      • Dimensions: 10 x 9
      Other
      • Description: Flooring: Tile
      • Level: First
      • Dimensions: 10 x 8
      Half bath
      • Description: master bath,Flooring: Wood
      • Level: First
      • Dimensions: 15 x 10
      Kitchen
      • Description: Flooring: Wood
      • Level: First
      Living room
      • Description: Living room, dining room & kitchen,Flooring: Wood
      • Level: First
      • Dimensions: 34 x 29
      Heating
      • Baseboard, Other
      Cooling
      • Window Unit(s), WallWindow Unit(s)
      Appliances
      • Included: Dryer, Dishwasher, Microwave, Oven, Range, Washer
      • Laundry: Main Level, Laundry Room
      Features
      • Ceiling Fan(s), Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Wood Burning Stove
      • Basement: Full,Walk-Out Access
      • Has fireplace: No
      • Fireplace features: Wood Burning Stove
      Interior area
      • Total structure area: 4,960
      • Total interior livable area: 4,960 sqft
      • Finished area above ground: 4,960
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Barn
      • Details: Off Street
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 20 Acres
      Details
      • Additional structures: Pole Barn
      • Parcel number: 0061002634
      • Zoning: Agri/ Residential
      • Zoning description: Agri/ Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: One Story
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Frame
      • Foundation: Poured
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Connected, Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $91/sqft
      • Tax assessed value: $180,100
      • Annual tax amount: $1,920
      • Date on market: 12/10/2025
      • Cumulative days on market: 232 days
      • Listing terms: Cash,Conventional

        Estimated market value

        $438,300

        $416,000 - $460,000

        $3,080/mo

        Price history

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

        Public tax history

        YearProperty taxesTax 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
        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.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 47167

        Getting around

        0 / 100
        Car-Dependent
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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