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For sale
  • Price cut: $2.5K (6/10)
    $212,500

    506 N College Avenue, Salem, IN 47167

    3beds
    1,216sqft
    : 
    $1,363/mo
    Get pre-qualified
    Single Family Residence
    Built in 1975
    10,454 Square Feet Lot
    $210,400 Zestimate®
    $175/sqft
    $-- HOA

    What's special

    New furnaceUpdated fixturesFresh paintKitchen appliancesBright invitingNew floors throughout
    BONUS BONUS!! 2-3 bd, 1 bath w/bonus room(s). Completely refreshed and move-in ready! Featuring new floors throughout, fresh paint, updated fixtures, new furnace, kitchen appliances, and doors. Bright, inviting, and ready to welcome you home!!!!
    151 days
    |
    135
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Crystal Linscott,

    JPAR Aspire

    Source: SIRA,MLS#: 202606569MLS LogoOriginating MLS: Southern Indiana REALTORS Association

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Laundry: In Basement, Laundry Room
      Features
      • Main Level Primary
      • Basement: Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,216
      • Total interior livable area: 1,216 sqft
      • Finished area above ground: 816
      • Finished area below ground: 400

      Property

      Lot
      • Size: 10,454 Square Feet
      Details
      • Parcel number: 0220143517

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Resale
      • New construction: No
      • Year built: 1975

      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: $175/sqft
      • Tax assessed value: $100,600
      • Annual tax amount: $1,688
      • Date on market: 3/10/2026
      • Cumulative days on market: 153 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

        Estimated market value

        $210,400

        $200,000 - $221,000

        $1,324/mo

        Price history

        DateEventPrice
        6/10/2026Price change$212,500-1.2%$175/sqft
        Source: SIRA #202606569 Report a problem
        3/31/2026Price change$215,000-4.4%$177/sqft
        Source: SIRA #202606569 Report a problem
        3/11/2026Listed for sale$225,000$185/sqft
        Source: SIRA #202606569 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,688 +9.5%$100,600 +19.3%
        2024$1,541 +12.2%$84,300 +9.6%
        2023$1,373 +8.7%$76,900 +12.3%
        2022$1,263 +2.4%$68,500 +8.7%
        2021$1,233 +3.9%$63,000 +2.4%
        2020$1,187 +8.2%$61,500 +3.9%
        2019$1,097 -18%$59,200 +8.2%
        2018$1,337 +7.7%$54,700 -18%
        2017$1,241 -2.1%$66,700 +7.8%
        2016$1,267 +0.3%$61,900 -1.7%
        2014$1,263 +2.4%$63,000 +2.4%
        2013$1,233 +2.7%$61,500 +2.7%
        2012$1,201 +15.8%$59,900 +15.9%
        2011$1,037 -10.4%$51,700 -10.4%
        2010$1,157 -14.7%$57,700 -14.8%
        2009$1,357 -25.7%$67,700 +3.4%
        2007$1,827 +11.1%$65,500 +0.8%
        2006$1,645 $65,000
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 47167

        Getting around

        59 / 100
        Somewhat Walkable
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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