406 E  Grace Ave, Salem, IN 47167
OFF MARKET

406 E Grace Ave
Salem, IN 47167

  • 3 Beds
  • 1 Bath
  • 936 sqft

$153,100

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $944/mo*

$153,100

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $944/mo*
3 Beds
1 Bath
936 sqft

Home Value

Trulia Estimate
$153K
Since last month
Decreased$6K (-4%)
Since last year
Decreased$4K (-2.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +117% in the last 10 years
MonthEstimated value
2026
August 2026$152K
July 2026$159K
June 2026$162K
May 2026$163K
April 2026$160K
March 2026$161K
February 2026$155K
January 2026$148K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.18
Single-Family Home
$138,000
07/16/26
3
1
2,280

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.06
$184,800
4
2
3,310
Off Market
0.09
$40,800
1
1
744
Off Market
0.12
$128,700
3
1
1,144
Off Market

Local Information

  • Map ViewExplore the area around 406 E Grace Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1958
Living Area
936 sqft
Price/Sqft
$164
Parking
Garage

About this House

This single-family home is located at 406 E Grace Ave, Salem, IN. 406 E Grace Ave is in Salem, IN and in ZIP code 47167. This property has 3 bedrooms, 1 bathroom and approximately 936 sqft of floor space. This property has a lot size of 10454 sqft and was built in 1958.
406 E Grace Ave, Salem, IN 47167 is a 3 bedroom, 1 bathroom, 936 sqft single-family home built in 1958. It is currently off market. The Trulia Estimate is $153,100, with a rent estimate of $1,285/month.

Home Details for 406 E Grace Ave

Interior Features

Interior Details
BasementNumber of Rooms: 5
Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1958
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 10454 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$883
$106,500
Home facts updated by county records

Market trends in Salem

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
74
9
MoM

What Locals Say about Salem

At least 21 Trulia users voted on each feature.
  • 86 % Say parking is easy

  • 82 % Say car is needed

  • 81 % Say yards are well-kept

  • 68 % Say kids play outside

  • 65 % Say there's holiday spirit

  • 59 % Say it's dog friendly

  • 56 % Say it's quiet

  • 56 % Say people would walk alone at night

  • 55 % Say it's walkable to restaurants

  • 48 % Say they plan to stay for at least 5 years

  • 46 % Say it's walkable to grocery stores

  • 46 % Say neighbors are friendly

  • 39 % Say there's wildlife

  • 38 % Say there are sidewalks

  • 36 % Say streets are well-lit

  • 36 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Chiggerlove06
    "There is a good school system here. Law enforcement is very involved in the neighborhood. Crime rate is low compared to other towns."
  • Kate L.
    "you see people walking dogs all the time. there are not any dogs that constantly bark. it is a nice quiet area "
  • Shellee09
    "Nice quaint friendly town with a slow pace but has amenities and shops close decent schools great small town living "
  • Shy-Ann D.
    "Very busy and people in this town have no idea how to use our square to get around town. Also people are kind of rude in his town."
  • Karisutherlin
    "We have the John Hay Museum, Old settlers day, Friday Night on the square. We have parades before every holiday and it’s a community event. "
  • Bsteepleton
    "I like this neighborhood,,easy to get from place to place...makes for a good forever home.would recommend it to anyone "
  • Brooklyn B.
    "i love small town feel. knowing a lot of people is fun. helping the community grow is cool too. I hope this helped. "

LGBTQ Local Legal Protections

Frequently asked questions about 406 E Grace Ave

  • What is 406 E Grace Ave estimated to be worth?
    Trulia's estimated value for 406 E Grace Ave in Salem, IN is $153,100.
  • Is Salem a buyer's or seller's market?
    Salem is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Salem?
    Residents describe Salem, IN as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Salem, IN.
  • What are the closest schools to 406 E Grace Ave?
    The closest schools to 406 E Grace Ave in Salem, IN are Bradie M Shrum Lower Elementary (Pre-K, rated 6/10), Salem High School (rated 3/10), Salem Middle School (rated 4/10).
  • Does 406 E Grace Ave have air conditioning?
    Yes, 406 E Grace Ave in Salem, IN has air conditioning.
  • How big is the lot at 406 E Grace Ave?
    The lot at 406 E Grace Ave in Salem, IN is about 0.24 acres (10,454 sq ft).

Apartments for Rent

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Off Market Homes Near 406 E Grace Ave

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