Welcome home to this beautifully updated Salem gem! From the brand-new kitchen cabinets to the
recently replaced appliances, this home shines with thoughtful improvements throughout. Major
mechanical updates include a 2-year-old roof, 2-year-old HVAC system, and a water heater that's
only 1 year old—giving buyers confidence for years to come. Offering 2 bedrooms, 1 bath, over
1,000 square feet of living space, and a detached garage, this move-in ready property combines
affordability, charm, and convenience in one package. Located near shopping, dining, and local
amenities, this is the perfect place to call home. Schedule your showing today before it's gone!
For sale
$182,000
500 E Homer Street, Salem, IN 47167
2beds
1,008sqft
:
Get pre-qualified$1,204/mo
Single Family Residence
Built in 1951
9,583 Square Feet Lot
$177,400 Zestimate®
$181/sqft
$-- HOA
What's special
Detached garageBrand-new kitchen cabinetsRecently replaced appliances
- 60 days |
- 241 |
- 12 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Reed Martin,
RE/MAX FIRST-Commercial Group,
Abby Myers,
RE/MAX FIRST
Source: SIRA,MLS#: 202608713
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
Bedroom
- Level: First
Other
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Main Level, Laundry Room
Features
- Eat-in Kitchen, Main Level Primary
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,008
- Total interior livable area: 1,008 sqft
- Finished area above ground: 1,008
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Fence, Porch
- Fencing: Yard Fenced
Lot
- Size: 9,583 Square Feet
- Features: Corner Lot
Details
- Additional structures: Garage(s)
- Parcel number: 882417112065000022
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Crawlspace
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $91,100
- Annual tax amount: $1,822
- Date on market: 5/29/2026
- Cumulative days on market: 61 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Paved
Estimated market value
$177,400
$169,000 - $186,000
$1,138/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $182,000+355%$181/sqft |
Source:  SIRA #202608713 Report a problem | ||
| 4/23/2024 | Sold | $40,000-20%$40/sqft |
Source: SIRA #202405864 Report a problem | ||
| 4/2/2024 | Pending sale | $50,000+95.6%$50/sqft |
Source: SIRA #202405864 Report a problem | ||
| 12/1/2023 | Sold | $25,561$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,504 | $91,100 +21.1% |
| 2024 | -- | $75,200 +9.5% |
| 2023 | -- | $68,700 +11.9% |
| 2022 | -- | $61,400 +3.7% |
| 2021 | -- | $59,200 +5.2% |
| 2020 | $493 +9.2% | $56,300 -30.1% |
| 2019 | $452 -14.1% | $80,600 +5.8% |
| 2018 | $526 +12.2% | $76,200 -11.2% |
| 2017 | $469 | $85,800 +5.5% |
| 2016 | -- | $81,300 +48.6% |
| 2014 | -- | $54,700 +1.9% |
| 2013 | -- | $53,700 +10% |
| 2012 | -- | $48,800 -6.5% |
| 2011 | -- | $52,200 |
| 2010 | -- | $52,200 -12% |
| 2009 | -- | $59,300 +3.7% |
| 2007 | $40 -37.3% | $57,200 +0.7% |
| 2006 | $64 | $56,800 +30.9% |
| 2004 | -- | $43,400 |
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
GreatSchools rating
- 7/10Bradie M Shrum Lower ElementaryGrades: PK-5Distance: 0.6 mi
- 7/10Salem Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Salem High SchoolGrades: 9-12Distance: 0.6 mi
- $166,3004 bd1 ba1.2k sqft502 E Homer St, Salem, IN 47167Off Market
- $105,0003 bd1 ba796 sqft905 N Locust St, Salem, IN 47167For Sale
- $111,8002 bd1 ba796 sqft905 Locust St, Salem, IN 47167Off Market
- $159,0002 bd1 ba804 sqft902 N Locust St, Salem, IN 47167Off Market
- $122,3002 bd1 ba948 sqft408 E Homer St, Salem, IN 47167Off Market
- $2,700-- bd-- ba-- sqft714 N Homer St, Salem, IN 47167Off Market
- $174,0003 bd1 ba1.4k sqft501 E Homer St, Salem, IN 47167Sold
- $112,5002 bd1 ba916 sqft907 N Locust St, Salem, IN 47167Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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