550 W Water Tower Road, Salem, IN 47167
Home value
$249,900
Estimated sales range
Not available
$1,503/mo
Owner options
$1,503/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,503/mo
Rent Zestimate®
$1,578/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,578/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Debbie Curtis,
Mainstreet REALTORS
Mary McCoskey Finkle, RB14026176
Mainstreet REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Family Room
Primary bedroom
- Description: Flooring: Laminate
- Level: First
- Dimensions: 9 x 19
Bedroom
- Description: Flooring: Laminate
- Level: First
- Dimensions: 9 x 10
Bedroom
- Description: Flooring: Laminate
- Level: First
- Dimensions: 12 x 11
Dining room
- Description: Flooring: Laminate
- Level: First
- Dimensions: 11.4 x 8.2
Family room
- Description: Flooring: Laminate
- Level: First
- Dimensions: 26 x 20
Other
- Description: Flooring: Laminate
- Level: First
- Dimensions: 7.4 x 11
Kitchen
- Description: Flooring: Laminate
- Level: First
- Dimensions: 11.2 x 10.8
Living room
- Description: Flooring: Laminate
- Level: First
- Dimensions: 14.7 x 13.2
Heating
- Baseboard, Other
Cooling
- Wall Unit(s)
Appliances
- Included: Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: In Basement, Laundry Closet
Features
- Ceiling Fan(s), Eat-in Kitchen, Main Level Primary, Wood Burning Stove
- Basement: Full,Finished
- Has fireplace: No
- Fireplace features: None, Wood Burning, Wood BurningStove
Interior area
- Total structure area: 2,080
- Total interior livable area: 2,080 sqft
- Finished area above ground: 1,040
- Finished area below ground: 1,040
Property
Parking
- Total spaces: 1
- Parking features: Attached, Carport, Garage, Garage Faces Side, Garage Door Opener
- Attached garage spaces: 1
- Has carport: Yes
- Details: Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Porch
- Exterior features: Deck, Landscaping, Porch
Lot
- Size: 1 Acres
- Dimensions: 1.0
- Features: Garden
Details
- Additional structures: Shed(s), Gazebo
- Parcel number: 882405000008000021
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Brick, Frame
- Foundation: Poured
- Roof: Metal
Condition
- New construction: No
- Year built: 1982
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: $120/sqft
- Tax assessed value: $158,900
- Annual tax amount: $493
- Date on market: 5/4/2026
- Cumulative days on market: 81 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Sold | $249,900$120/sqft |
Source: | ||
| 6/15/2026 | Pending sale | $249,900 |
Source: | ||
| 5/28/2026 | Price change | $249,900-3.8%$120/sqft |
Source: | ||
| 5/20/2026 | Price change | $259,900-3.7%$125/sqft |
Source: | ||
| 5/4/2026 | Listed for sale | $269,900$130/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $454 +41.7% | $158,900 +8% |
| 2024 | $320 -8.7% | $147,100 +6.6% |
| 2023 | $351 +88% | $138,000 +1.5% |
| 2022 | $187 +267.6% | $136,000 +12% |
| 2021 | $51 | $121,400 +8% |
| 2020 | -- | $112,400 +7.6% |
| 2019 | -- | $104,500 +8.6% |
| 2018 | -- | $96,200 -1.8% |
| 2017 | -- | $98,000 +0.9% |
| 2016 | -- | $97,100 -0.5% |
| 2014 | -- | $97,600 -0.1% |
| 2013 | -- | $97,700 -8.9% |
| 2012 | $16 -29.7% | $107,200 -0.6% |
| 2011 | $23 -95.8% | $107,800 +7.4% |
| 2010 | $551 -1.7% | $100,400 -6.4% |
| 2009 | $560 +18.9% | $107,300 +3.5% |
| 2007 | $471 -49.3% | $103,700 -10.4% |
| 2006 | $929 | $115,700 |
Neighborhood: 47167
Nearby homes
- $245,2003 bd2 ba1.6k sqft524 W Water Tower Rd, Salem, IN 47167Off Market
- $238,1003 bd1 ba1.3k sqft580 W Water Tower Rd, Salem, IN 47167Off Market
- $11,700-- bd-- ba-- sqft580 W Water Tower Rd, Salem, IN 47167Off Market
- $216,4003 bd1 ba1k sqft496 W Water Tower Rd, Salem, IN 47167Off Market
- $157,2003 bd1 ba1.2k sqft657 W Water Tower Rd, Salem, IN 47167Off Market
- $235,500-- bd2 ba2.1k sqft668 W Water Tower Rd, Salem, IN 47167Off Market
- $185,0003 bd2 ba1.8k sqft436 W Water Tower Rd, Salem, IN 47167Sold
- $432,8003 bd2 ba3.4k sqft659 W Water Tower Rd, Salem, IN 47167Off Market
Nearby schools
GreatSchools rating
- 7/10Bradie M Shrum Lower ElementaryGrades: PK-5Distance: 2 mi
- 7/10Salem Middle SchoolGrades: 6-8Distance: 2.2 mi
- 4/10Salem High SchoolGrades: 9-12Distance: 2.3 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
- Indiana
- Washington County
- Salem
- 47167
- 550 W Water Tower Road