$239,900

501 E Homer St Salem, IN 47167

Salem Area

Estimated payment $1,417/month

3 Beds
1 Bath
1,040 Sq Ft
$231 Price per Sq Ft

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Covered Patio or Porch
  • Ranch Style House
  • Corner Lot
  • 2 Car Detached Garage

About This Home

THIS IS THE ONE YOU BEEN LOOKING FOR!! Great Brick and Bedford Stone home sits on a corner lot with a fenced in back yard and a nice view off the 12 x 20 deck. FULL BASEMENT is partially finished and has lots of storage areas and shelves. Updates include new WINDOWS and HVAC in 2022 and a 7 yr old roof. Other amenities include hardwood floors, built in bookcases and other built ins including a built in corner cupboard. A 24 x 40 mostly finished 2 car DETACHED GARAGE has a new ROOF and has heat and air. New ENTRY DOORS for that great first impression. There are 3 bedrooms and an updated full bathroom with a stand up shower and laminate floooring. Large living room has a built in bookcase and a large picture window to take in the view. Come see this home today!

Listing Agent

Debbie Curtis

Mainstreet Realtors Brokerage Email: info@mainstreetrealtor.com Listed on: 07/17/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,451

Year Built

  • Built in 1955

Lot Details

  • 10,890 Sq Ft Lot
  • Chain Link Fence
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • Built-in Bookshelves
  • Woodwork
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • Utility Sink

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 1 Full Bathroom

Schools

  • Bradie M Shrum Elementary School
  • Salem Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 88-24-20-113-048.000-022
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,451

Year Built

Built in 1955

Lot Details

0.25 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1955
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Hauger Lot 4 0.25 AC
  • Parcel Number ID: 88-24-20-113-048.000-022
  • Platted: Yes
  • Amenities: Built-In Bookcase, Deck Open, Eat-In Kitchen, Landscaped, Natural Woodwork, Porch Covered, Utility Sink, Main Level Bedroom Suite
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2080
  • Total Finished Sq Ft: 1040
  • Above Grade Finished Sq Ft: 1040
  • Below Grade Sq Ft: 1040
  • Basement: Yes
  • Basement Foundation: Partially Finished
  • Basement Material: Block
  • Flooring: Hardwood Floors, Laminate, Vinyl
  • Living Great Room: Dimensions: 12x21, On Level: Main
  • Kitchen: Dimensions: 8x9, On Level: Main
  • Dining Room: Dimensions: 9x9, On Level: Main
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 9x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1040

Exterior Features

  • Exterior: Brick, Stone
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Chain Link

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x40
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas, Forced Air, Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Cable Company: Mainstream Fiber

Schools

  • Elementary School: Bradie M Shrum

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: .25
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Tax Info

  • Annual Taxes: 1451
  • Exemptions: Homestead, Supplemental

MLS Schools

  • High School: Salem
  • Middle School: Salem
  • School District: Salem Community Schools

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,055 $117,200 $12,700 $104,500
2024 $1,006 $100,600 $12,700 $87,900
2023 $915 $91,500 $12,700 $78,800
2022 $810 $81,000 $12,700 $68,300
2021 $719 $76,600 $12,700 $63,900
2020 $625 $72,700 $12,700 $60,000
2019 $582 $69,800 $12,700 $57,100
2018 $539 $64,200 $12,700 $51,500
2017 $573 $77,200 $12,700 $64,500
2016 $422 $71,400 $12,700 $58,700
2014 $371 $69,200 $12,300 $56,900
2013 $341 $68,300 $12,700 $55,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2026 07/17/26 For Sale $239,900 +37.9% $231 / Sq Ft
02/23/2026 02/23/26 Sold $174,000 -3.3% $122 / Sq Ft View Prior Sale
01/17/2026 01/17/26 Pending -- -- --
01/02/2026 01/02/26 For Sale $179,900 0.0% $126 / Sq Ft
12/21/2025 12/21/25 Pending -- -- --
10/29/2025 10/29/25 Price Changed $179,900 -2.7% $126 / Sq Ft
09/28/2025 09/28/25 For Sale $184,900 -- $129 / Sq Ft
Source: Indiana Regional MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Acuity Title
Interfamily Deed Transfer -- Legacy Title Co Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $255,901 FHA
Closed $177,070 New Conventional
Previous Owner $55,000 Credit Line Revolving
Previous Owner $80,000 New Conventional
Previous Owner $63,300 New Conventional
Previous Owner $68,000 Unknown
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202628909

Indiana Regional MLS

APN: 88-24-17-113-012.000-022

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