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Salem, IN Homes for Sale under $200,000

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  • /18

    $195,000

    • 3 Beds
    • 2 Baths
    • 1,248 Sq Ft

    701 E Hackberry St, Salem, IN 47167

    Welcome to 701 E Hackberry Street in Salem, Indiana—an extensively updated home that blends modern convenience with everyday comfort. Offers 2 true bedrooms, with one non-conforming bedroom (no closet) that can also serve as an office, nursery, or bonus room and 2 full baths. Renovated in 2024, this property offers peace of mind with all-new electrical, plumbing, finishes, and appliances, making

    Agent Photo

    William Kramer

    JPAR Aspire

    (812) 615-3187

    701 E Hackberry St, Salem, IN 47167
  • /16

    $199,990

    • 3 Beds
    • 1 Bath
    • 1,056 Sq Ft

    776 N Abbott Ln, Salem, IN 47167

    This property presents a unique opportunity to own a charming Stone home situated in a serene neighborhood, conveniently located just six minutes from Salem Square. The residence boasts three spacious bedrooms, one bathroom, and features newly installed carpeting and flooring throughout. A private driveway and expansive concrete patio provide ample space for outdoor entertainment and relaxation.

    Agent Photo

    Mike Ashby

    (812) 646-9578

    776 N Abbott Ln, Salem, IN 47167
  • /16

    $140,000

    • Land
    • 10.84 Acres
    • $12,915 per Acre

    10251 E Philadelphia Rd, Salem, IN 47167

    10.84 Acres - Home Sites, Horses, and HuntingHere's a 10.2 acre setup that's just begging for a homestead, hobby farm, or country getaway. With gorgeous potential home sites, utilities already there, and a mix of pasture and woods, it's the kind of place where you can build once and enjoy it for a long time. The heavy lifting is started for you - there's already an electric meter on the

    Agent Photo

    Delmar Wagler

    Integrity Realty Group

    (812) 787-2683

    10251 E Philadelphia Rd, Salem, IN 47167
  • /13

    $86,500

    $64K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,404 Sq Ft

    532 Pilgrim Way, Salem, IN 47167

    Ranch home on .24 acre. Home with eat-in kitchen, living rm, 4 bdrms and 2 full baths. Fenced back yard with storage sheds. HUD Case #156-557528/IE. Sold AS IS. HUD Owned. For more information on lead-based paint, radon gas, mold notices, as well as electronic bidding and earnest money procedures go to www.Hudhomestore.gov. It is illegal to discriminate against any person because of race, color,

    Marsha Berna Jack Bridgewater Real Estate

    532 Pilgrim Way, Salem, IN 47167
  • /33

    $125,000

    $36K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,648 Sq Ft

    412 Ridgeview Dr, Salem, IN 47167

    Investor Special. Estate Sale. AS-IS. Opportunity awaits at 412 Ridgeview Dr.! This 3-bedroom, 1.5-bath home is being sold AS-IS as part of an estate sale, ideal for investors, flippers, or buyers looking to customize a home to their taste. The property features a solid layout with great renovation potential. The roof is roughly 5 years old, and the Located in a desirable area near schools,

    Cody Blackburn 1 Percent Lists Indiana Real Estate

    412 Ridgeview Dr, Salem, IN 47167
  • /7

    $199,900

    • Land
    • 11,325 Sq Ft
    • $768,846 per Acre

    0 E Westminster Dr, Salem, IN 47167

    2.3959 acres on outskirts of town! PRIME commercial spot! Near the bypass! Don't miss out! This is a GREAT time to build with all the growth coming to our community! A portion of this land is zoned commercial and a portion is unzoned. The owner will secure appropriate zoning for buyers use. Call today!

    Mary Finkle Mainstreet Realtors

    0 E Westminster Dr, Salem, IN 47167
  • /5

    $775

    • Land
    • 13.23 Acres
    • $59 per Acre

    121 Tarr Ave, Salem, IN 47167

    LAND FOR LEASE - BUILDINGS NOT INCLUDED - Priced at just $775/ACRE/MONTH, this property delivers unmatched value for entrepreneurs, investors, and expanding operations. Position your business for visibility, flexibility, and growth with this rare 13-acre commercial offering in Salem, Indiana. Located within city limits yet just outside the hustle of downtown, the site strikes a perfect balance,

    KELSEY DAWSON Dawson Real Estate, LLC

    121 Tarr Ave, Salem, IN 47167
  • /12

    $199,900

    • Land
    • 11.52 Acres
    • $17,352 per Acre

    702 W Becks Mill Rd, Salem, IN 47167

    11.52 acres of vacant land in a PRIME LOCATION! Country living with easy access to the Salem Bypass on 135 and the town square. Enjoy the panoramic views, both rural and of the city. Whether you're looking to build your dream home or start a farm, this tract offers endless opportunities! Electric and water are available at the street.

    Kelli Ganote eXp Realty, LLC

    702 W Becks Mill Rd, Salem, IN 47167
  • /12

    $67,500

    • Land
    • 5.63 Acres
    • $11,989 per Acre

    0 S Blue River Church Rd, Salem, IN 47167

    Welcome to your tranquil retreat just E of S Blue River Church Road in Salem, where country charm meets modern convenience. HUNTERS, NATURE LOVERS, and OUTDOOR ENTHUSIASTS — This is the property you've been waiting for! Mostly wooded lot offers the ultimate private retreat. Could be possible some TIMBER. Utility information: There is electric & water at the road. Electric: JACKSON COUNTY REMC.

    Tammie McIntyre Brixton Realty

    0 S Blue River Church Rd, Salem, IN 47167
  • /29

    $89,900

    • 3 Beds
    • 2 Baths
    • 1,856 Sq Ft

    405 N Mill St, Salem, IN 47167

    GREAT VALUE! Investors special!! Lots of space in this 11/2 Story Home with 1856 Sq. Ft and a full basement. This home has lots of character and is waiting for you to bring it back to its glory days. Beautiful view from the covered front porch. This 3 Br, 2 Ba home has a spacious kitchen with lots of cabinets. Georgeous staircase in living room leads to the upstairs. Main level utility room with

    Debbie Curtis Mainstreet Realtors

    405 N Mill St, Salem, IN 47167
  • /26

    $144,900

    $20K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,404 Sq Ft

    506 Pilgrim Way, Salem, IN 47167

    Reduced! Discover a remarkable living opportunity at 506 Pilgrim WAY, SALEM, IN. This single-family residence offers a spanning 1,404 square feet (also offers ADDITIONAL covered sq. ft. in the enclosed front porch and the back sunroom area) and is a truly inviting home, ready for you to move in and begin your next chapter. The property offers 3 comfortable bedrooms, providing ample private space

    Jennifer Jordan Lighthouse Realty Group, Inc.

    506 Pilgrim Way, Salem, IN 47167
  • /30

    $182,000

    • 2 Beds
    • 1 Bath
    • 1,008 Sq Ft

    500 E Homer St, Salem, IN 47167

    Welcome home to this beautifully updated Salem gem! From the brand-new kitchen cabinets to therecently replaced appliances, this home shines with thoughtful improvements throughout. Majormechanical updates include a 2-year-old roof, 2-year-old HVAC system, and a water heater that'sonly 1 year old—giving buyers confidence for years to come. Offering 2 bedrooms, 1 bath, over1,000

    Reed Martin RE/MAX FIRST-Commercial Group

    500 E Homer St, Salem, IN 47167
  • /7

    $105,000

    • Land
    • 5 Acres
    • $21,000 per Acre

    2980 E Banet Rd, Salem, IN 47167

    SITE READY FOR YOUR NEW HOME.... no value in current mobile home, but CLEARED HOMESITE, SEPTIC, PUBLIC WATER, AND ELECTRIC ready to go! Heavily wooded with timber value could help finance this purchase, and still give you hunting and recreational play acreage. Deer are thick and seen daily on this parcel. Location is 1.75 miles from SR 60 with direct access to the Louisville area. Not too many

    Lori Gilstrap The Day Company REALTORS

    2980 E Banet Rd, Salem, IN 47167
  • /4

    $28,950

    $11K PRICE DROP
    • Land
    • 9,147 Sq Ft
    • $137,857 per Acre

    607 Berkey St, Salem, IN 47167

    Back on the market because buyer couldn’t qualify for their financing. Nice buildable lot in the city of salem and not far from schools and hospital. Lot had sewer and water hooked up to the prior house and would be near the road and power at the road. The property had a home on the site that was removed and torn down. Listing agent/owner has an interest in the property and is a licensed Indiana

    Evan Zinser Mainstreet REALTORS

    607 Berkey St, Salem, IN 47167
  • /21

    $165,000

    $25K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,056 Sq Ft

    116 Nichols Ave, Salem, IN 47167

    This all brick 3 bedroom home is conveniently located in a quiet neighborhood. Enjoy the covered front porch in the front and the open decks in the back. One car attached garage and a 10x12 shed is perfect for storage. Call to schedule your private showing today!

    Mary Finkle Mainstreet Realtors

    116 Nichols Ave, Salem, IN 47167
  • /14

    $99,900

    • 1 Bed
    • 1 Bath
    • 574 Sq Ft

    503 Hayes Ave, Salem, IN 47167

    CUTE LITTLE COTTAGE with so many updates! Metal roof, water heater, maintenance-free LVP flooring, kitchen, bath, heaters....so much NEW in 2023. This efficient home is ready to move into and checks all your boxes, including the stove and refrigerator! Covered deck perfect for family gatherings or quiet coffee mornings. Handy attached shed gives you additional storage. Yard is large, open, and

    Lori Gilstrap The Day Company REALTORS

    503 Hayes Ave, Salem, IN 47167
  • /30

    $165,000

    $10K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,746 Sq Ft

    128 W Walnut Ridge Rd, Salem, IN 47167

    WELCOME TO THE COUNTRY ON A FEW ACRES......This quaint 1.5 story farmhouse on 2.10 acres offers so much: 3 bdr, 1.5 bath, screened in side porch for entertaining; 30 X 40 x 8 barn; det garage; 12 x 22 utility shed; pond; paved circular drive; park like setting. This is a perfect spot for your 4-H animals. Garden area. Home sold as is. Immediate possession at closing. Seller selling as is

    Sherri Purkhiser The Day Company REALTORS

    128 W Walnut Ridge Rd, Salem, IN 47167
  • /17

    $179,900

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,092 Sq Ft

    120 Nichols Ave, Salem, IN 47167

    ALL BRICK 3 BEDROOM home sits under beautiful shade trees in a quiet neighboorhood in a convenient location. The large living room welcomes you in along with an eat-in kitchen with all appliances to remain. The large bathroom offers a dedicated laundry area and the attached garage has extra space for storage. Outside you can enjoy the covered patio and the 18x20 carport will remain.

    Linda Ward Temple eXp - Picket Fence Properties

    120 Nichols Ave, Salem, IN 47167
  • /30

    $77,000

    • 3 Beds
    • 1 Bath
    • 1,320 Sq Ft

    11072 E State Road 160, Salem, IN 47167

    Check out this almost 2 acre property conveniently located just minutes from interstate 65. Beautiful land with plenty of trees and fruit trees This home is just waiting for you to make it great again. Will not pass FHA/VA/USDA due to some needed repairs. Home is being sold "AS IS"

    Mary Finkle Mainstreet REALTORS

    11072 E State Road 160, Salem, IN 47167
  • /7

    $48,900

    $1K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 924 Sq Ft

    2613 N Hitchcock Rd, Salem, IN 47167

    This beautiful, scenic property is located just a few miles from Salem's town square! Very nice 1.5 acre property. The property has a 3 bedroom home situated on it, in need of extensive TLC. Call for more information today! Property sold AS-IS.

    Alicia Powell Lopp Real Estate Brokers

    2613 N Hitchcock Rd, Salem, IN 47167
  • /35

    $139,400

    • 3 Beds
    • 2 Baths
    • 2,144 Sq Ft

    500 W Mulberry St, Salem, IN 47167

    Welcome to 500 W Mulberry St., a spacious 3-bedroom, 2-bath home offering 2,144 finished square feet of comfortable living space. Situated on a generous 0.25-acre lot, this property provides the perfect balance of indoor comfort and outdoor space. This home features major recent upgrades, including a brand-new roof and a new air conditioning unit, giving peace of mind for years to come. The

    Caleb Jones EXIT Realty Choice

    500 W Mulberry St, Salem, IN 47167
  • /40

    $155,000

    $5K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,520 Sq Ft

    409 N Water St, Salem, IN 47167

    ONCE IN A LIFETIME OPPORTUNITY TO OWN AN INDIANA LANDMARKS PROPERTY...with a history documented from 1815, this former school house features gorgeous woodwork, pocket doors, cast iron heat radiators, antique fixtures and ornate fireplace and mantle. This home has been updated although the historic charm remains as you enter with living and family rooms, eat-in kitchen, 3 bedrooms and 1 1/2 baths,

    Linda Ward Temple eXp - Picket Fence Properties

    409 N Water St, Salem, IN 47167
  • /3

    $120,000

    • Land
    • 1.02 Acres
    • $117,647 per Acre

    701 S Main St, Salem, IN 47167

    Position your business for success with this exceptional 1-acre commercial parcel located directly on Main Street in the heart of Salem. This high-visibility property sits adjacent to a busy intersection, offering steady traffic exposure and easy accessibility for customers. The lot features a shared driveway with a well-established nail salon, providing built-in traffic flow and convenient

    KELSEY DAWSON Dawson Real Estate, LLC

    701 S Main St, Salem, IN 47167
  • /26

    $199,000

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft

    115 Lincoln St, Salem, IN 47167

    WOW!!! THIS ONE IS NICE!! The care for this 3 BR 1 BA home is evident inside and out with a full basement, attached garage and a private patio out back! Updates throughout include vinyl windows, luxury vinyl plank, newer carpet with HARDWOOD underneath, and complete stunning bath remodel. Sitting on a quiet street under beautiful shade trees, it is coveniently located near downtown shopping and

    Linda Ward Temple eXp - Picket Fence Properties

    115 Lincoln St, Salem, IN 47167
  • /37

    $136,900

    $3K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,482 Sq Ft

    4249 W Grandview Rd, Salem, IN 47167

    Step into the rustic warmth of 4249 W Grandview Road, a charming 3 bed, 1 bath country retreat offering 1,482 square feet of comfortable living. Nestled in a peaceful rural setting, this home blends rustic character with wide open surroundings, creating the perfect escape from the everyday rush. Inside, you?ll find spacious rooms, natural textures, new appliances and a cozy country feel

    Caleb Jones EXIT Realty Choice

    4249 W Grandview Rd, Salem, IN 47167
  • /34

    $170,000

    • 3 Beds
    • 1 Bath
    • 1,079 Sq Ft

    801 N College Ave, Salem, IN 47167

    This is a wonderful ALL REMODELED downsize to a smaller home or starter home, all on one level on a landscaped CORNER LOT, ROOF, GAS FURNACE, & HOT WATER HEATER 4 YRS OLD....3 bedroom, 1 bath, replacement windows, partial basement, 21 x 23 TWO CAR GARAGE, garden area, new dishwasher, 10 x 12 Utility shed w/front porch, 8 x 10 storage shed for added storage. Immediate possession at closing.

    Sherri Purkhiser The Day Company REALTORS

    801 N College Ave, Salem, IN 47167
  • /20

    $114,900

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft

    604 Bristol St, Salem, IN 47167

    Come check out this "cute" 2 bed/1 bath home with a large backyard! This home offers a covered front porch, a covered back porch and a 1-Car Detached Garage! Conveniently located in the town of Salem, Indiana! First time homebuyers come take a look or even if you're looking to downsize, this is the one! Please note that Seller terms/1st Look period apples!

    Jennifer Jordan Lighthouse Realty Group, Inc.

    604 Bristol St, Salem, IN 47167
  • /24

    $184,900

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,188 Sq Ft

    2376 N Eunice Dr, Salem, IN 47167

    GREAT HOME WITH LARGE YARD...This 3 BR 1 BA home sits in a quiet neighborhood under beautiful shade trees on almost an acre lot with a fenced-in area. Solid hardwood floors welcome you into a large family room and flow throughout the home into the bedrooms. The eat-in kitchen has beautiful cabinetry with all appliances to remain. The large bathroom, dedicated laundry area and attached garage are

    Linda Ward Temple eXp - Picket Fence Properties

    2376 N Eunice Dr, Salem, IN 47167
  • /24

    $149,900

    $10K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 720 Sq Ft

    205 Arthur St, Salem, IN 47167

    Adorable MOVE IN READY Bungalow with a 16 x 24 detached BLOCK GARAGE with electric and concrete floor and full size BASEMENT. Lots of CHARACTER with this 1 Br. 1 BA home that has a large level mostly fenced yard. Amenities include a formal dining room, arched doorways, laminate floors, covered front porch and a back patio. Save gas money with this GREAT LOCATION that is conveniently located close

    Debbie Curtis Mainstreet Realtors

    205 Arthur St, Salem, IN 47167
  • /19

    $105,000

    • 3 Beds
    • 1 Bath
    • 796 Sq Ft

    905 Locust St, Salem, IN 47167

    Check out the potential in this charming home in Salem! This home sits on a large lot and unfinished basement in the center of town. Property is to be sold AS-IS. Call for more info today!

    Alicia Powell Lopp Real Estate Brokers

    905 Locust St, Salem, IN 47167
  • /65

    $164,900

    • 3 Beds
    • 2 Baths
    • 840 Sq Ft

    612 N College Ave, Salem, IN 47167

    Newly renovated 3-bedroom, 2 full bath home conveniently located near the heart of downtown Salem! Situated on a 0.18-acre lot, this move-in ready property offers easy access to local dining, shopping, parks, schools, and Salem’s historic town square. Extensively updated, this home features new kitchen cabinets with granite countertops and tile backsplash, new LVP flooring throughout, fresh

    Ben Bass THRIVE Realty

    612 N College Ave, Salem, IN 47167
  • /9

    $50,000

    • Land
    • 1 Acre
    • $50,000 per Acre

    705 N Heritage Chapel Tract 2 Rd, Salem, IN 47167

    LOCATION!! LOCATION!! LOCATION!! READY for you to BUILD YOUR CUSTOM HOME THIS SPRING!! IN THE COUNTRY, located close to SALEM. 1 ACRE ONLY +/- TOTAL. LESS THAN 2 miles from WALMART. No utilities currently on property. Utility information: There is electric at the road, JACKSON COUNTY REMC. Public Water: East Washington Rural Water. Internet:Buyer(s) to verify. Property being SOLD AS-IS. NO

    Tammie McIntyre Brixton Realty

    705 N Heritage Chapel Tract 2 Rd, Salem, IN 47167

Home Prices in Salem, IN

Home Price Trends

Median Sale Price
$177,450
Median Single Family Sale Price
$175,000
Median 2 Bedroom Sale Price
$152,500
Median 1 Bedroom Sale Price
$120,000
Average Price Per Sq Ft
$133
Number of Homes for Sale
25
Last 12 months Home Sales
100
Months of Supply
3.00
Median List Price
$189,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
8%
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