For sale by owner

$282,500

5579 E Old 56, Salem, IN 47167

5beds

1,356sqft

$1,829/mo

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SingleFamily

Built in 1951

1.7 Acres Lot

$-- Zestimate^®

$208/sqft

$-- HOA

What's special

Five bedroomsTwo stories

Built in the 50s, bought by my parents in the 60s and very well maintained by my meticulous father. Two stories and a big basement with a storm cellar/fruit cellar. Five bedrooms, one of those being a master bedroom/bathroom that was added n the mid-80s. Natural gas furnace with AC. Most of the rooms also have electric baseboard heat. Two outbuildings; a detached 2-car garage, two 16x12 sheds with poured slab floors.

What the owner loves about this home

My brothers and I grew up in this house, and it was a great home for us. The back yard has the world's best climbing tree.

45 days
602
23

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Baseboard, Forced air, Electric, Gas

Cooling

Central

Appliances

Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer

Features

Flooring: Concrete, Hardwood, Laminate
Basement: Partially finished

Interior area

Total interior livable area: 1,356 sqft

Property

Parking

Total spaces: 6
Parking features: Garage - Detached, Off-street

Features

Exterior features: Vinyl

Lot

Size: 1.7 Acres

Details

Parcel number: 882506000018000004

Construction

Type & style

Home type: SingleFamily

Materials

Frame
Roof: Shake / Shingle

Condition

New construction: No
Year built: 1951

Community & HOA

Location

Region: Salem

Financial & listing details

Price per square foot: $208/sqft
Tax assessed value: $135,300
Annual tax amount: $727
Date on market: 7/24/2026

Estimated market value

Not available

Estimated sales range

Not available

$2,110/mo

Price history

Date	Event	Price
7/24/2026	Listed for sale	$282,500$208/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$727 -22.1%	$135,300 +4.8%
2024	$933 -7%	$129,100 +4.4%
2023	$1,003 +6.1%	$123,700 +5.2%
2022	$945 +2.2%	$117,600 +6.6%
2021	$925 +4.5%	$110,300 +1.8%
2020	$885 +7.7%	$108,400 +1.4%
2019	$822 +14.3%	$106,900 +2.8%
2018	$719 +24.7%	$104,000 -0.8%
2017	$577 -17.5%	$104,800 +8.6%
2016	$699 +1.4%	$96,500 -8.9%
2014	$690 +9.5%	$105,900 +4.6%
2013	$630 -2.5%	$101,200 +3.3%
2012	$646 -25.9%	$98,000 -20.1%
2011	$872 -10.4%	$122,600
2010	$972 +50.4%	$122,600 +13.5%
2009	$647 -10.8%	$108,000 -5.6%
2007	$725 -20.8%	$114,400 +1%
2006	$915	$113,300