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Sold for $174,000
  • $174,000

    501 E Homer Street, Salem, IN 47167

    3beds
    1,430sqft
    Single Family Residence
    Built in 1961
    10,018 Square Feet Lot
    $177,500 Zestimate®
    $122/sqft
    $1,424 Estimated rent

    Home value

    $177,500

    Estimated sales range

    Not available

    $1,424/mo

    Zestimate® history
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    What's special

    Fire pit areaNice deep garageWrap around deckDining roomRenovated kitchenLarge family room
    Freshly back on the market! Don't miss out on this very nice home!! Seller is motivated!!! Drastically reduced from starting list price Truly, this is a home that you must see to appreciate! All you need to do is move your furniture in and you are ready to live. This well kept home in Salem has room to move around with a large family room, a living room, 1st floor master, dining room and renovated kitchen. There is a full unfinished basement ready for your creativity to make it what you want. Basement also includes a nice deep garage that would make a great workshop! Outside there is room to entertain with a wrap around deck and nice size back yard with a fire pit area. Call or text today to set an appointment to see this adorable home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Doug Dillon,

    Brixton Realty

    Bought with:

    Ashley Johnson, RB23000160

    Schuler Bauer Real Estate Services ERA Powered

    Source: SIRA,MLS#: 2025011430MLS LogoOriginating MLS: Southern Indiana REALTORS Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Family Room
    Primary bedroom
    • Description: Flooring: Wood
    • Level: First
    • Dimensions: 13 x 11
    Bedroom
    • Description: Flooring: Carpet
    • Level: Second
    • Dimensions: 15 x 10
    Bedroom
    • Description: Flooring: Carpet
    • Level: Second
    • Dimensions: 14 x 11
    Dining room
    • Description: Flooring: Carpet
    • Level: First
    • Dimensions: 12 x 10
    Family room
    • Description: Flooring: Carpet
    • Level: First
    • Dimensions: 29 x 12
    Kitchen
    • Description: Flooring: Linoleum
    • Level: First
    • Dimensions: 13 x 10
    Living room
    • Description: Flooring: Wood
    • Level: First
    • Dimensions: 15 x 12
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Oven, Range, Refrigerator
    • Laundry: In Basement, Other
    Features
    • Ceiling Fan(s), Separate/Formal Dining Room, Main Level Primary, Natural Woodwork, Window Treatments
    • Windows: Blinds
    • Basement: Unfinished,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 1,430
    • Total interior livable area: 1,430 sqft
    • Finished area above ground: 1,430
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Basement
    • Garage spaces: 1
    • Details: Off Street
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Patio & porch: Deck
    • Exterior features: Deck
    Lot
    • Size: 10,018 Square Feet
    • Features: Split Possible
    Details
    • Parcel number: 882417113012000022
    • Zoning: Residential
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: One and One Half Story
    • Property subtype: Single Family Residence
    Materials
    • Frame, Vinyl Siding
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1961

    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: $122/sqft
    • Tax assessed value: $117,200
    • Annual tax amount: $1,006
    • Date on market: 9/28/2025
    • Cumulative days on market: 192 days
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/23/2026Sold$174,000-3.3%$122/sqft
    Source: SIRA #2025011430 Report a problem
    1/2/2026Listed for sale$179,900$126/sqft
    Source: SIRA #2025011430 Report a problem
    12/23/2025Listing removed$179,900$126/sqft
    Source: SIRA #2025011430 Report a problem
    10/29/2025Price change$179,900-2.7%$126/sqft
    Source: SIRA #2025011430 Report a problem
    9/28/2025Price change$184,900-7%$129/sqft
    Source: SIRA #2025011430 Report a problem
    9/16/2025Price change$198,755-5.3%$139/sqft
    Source: SIRA #2025010373 Report a problem
    8/17/2025Listed for sale$209,900$147/sqft
    Source: SIRA #2025010373 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,006 +9.9%$117,200 +16.5%
    2024$915 +13%$100,600 +9.9%
    2023$810 +12.7%$91,500 +13%
    2022$719 +15%$81,000 +5.7%
    2021$625 +7.3%$76,600 +5.4%
    2020$582 +7.9%$72,700 +4.2%
    2019$539 -5.9%$69,800 +8.7%
    2018$573 +36%$64,200 -16.8%
    2017$422 +5.8%$77,200 +8.1%
    2016$399 +7.5%$71,400 +3.2%
    2014$371 +8.7%$69,200 +1.3%
    2013$341 +4.5%$68,300 +5.6%
    2012$326 -3.7%$64,700 +2.4%
    2011$339 +3%$63,200 +13.1%
    2010$329 -4.3%$55,900 -12.2%
    2009$344 +11.4%$63,700 +3.6%
    2007$308 -40.3%$61,500 +0.7%
    2006$516 $61,100
    Find assessor info on the county website

    Neighborhood: 47167

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