502 E  Grace Ave, Salem, IN 47167
Property image
Property image
OFF MARKET

$217,200

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 1,202 sqft (on 0.48 acres)

502 E Grace Ave, Salem, IN 47167

Est. Refi. Payment $1,312/mo*
Refinance Your Home
Currently Off Market - Sold Mar 7, 2013 for $110,000

Home Value

Trulia Estimate
$217K
Since last month
Decreased$3K (-1.1%)
Since last year
Increased$12K (+6%)
Since last sale
Increased$108K (+97.7%)
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 +125% in the last 10 years
MonthEstimated value
2026
August 2026$218K
August 2026$217K
July 2026$220K
June 2026$222K
May 2026$220K
April 2026$220K
March 2026$219K
February 2026$215K
January 2026$212K
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
0.40
Single-Family Home
$104,000
07/13/26
3
1.5
1,648
0.26
Single-Family Home
$122,000
11/14/25
1
1
1,440

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Local Information

  • Map ViewExplore the area around 502 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
2007
Lot Size
0.48 acres
Living Area
1,202 sqft
Price/Sqft
$181
Parking
Garage

About this House

Nice 3bd, 2 bath ranch home with fenced yard, on a double corner lot. Features are custom cabinetry, open floor plan, attached 2 car garage. Stove and Furnace are on natural gas. All kitchen appliances, along with washer & dryer. Call today for your showing!!!!
502 E Grace Ave, Salem, IN 47167 is a 3 bedroom, 2 bathroom, 1,202 sqft single-family home built in 2007. It last sold for $110,000 on Mar 7, 2013. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $217,200, with a rent estimate of $1,574/month.

Home Details for 502 E Grace Ave

Interior Features

Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 5
Appliances & Utilities
DisposalDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: VinylFoundation Type: Crawl Raised
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.48 acres

Price and Tax history

DateEventPrice
Feb 21, 2020
Source: Agent Provided
ListingRemoved
$149,900
Feb 13, 2020
Source: Agent Provided
Listed For Sale
$149,900
Mar 7, 2013
Source: SIRA #201300446
Sold
$110,000

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 502 E Grace Ave

  • What is 502 E Grace Ave estimated to be worth?
    Trulia's estimated value for 502 E Grace Ave in Salem, IN is $217,200.
  • What is the price history for 502 E Grace Ave?
    502 E Grace Ave in Salem, IN last sold for $110,000 in March 2013.
  • 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.
  • Does 502 E Grace Ave have air conditioning?
    Yes, 502 E Grace Ave in Salem, IN has air conditioning.
  • Does 502 E Grace Ave have laundry facilities?
    Yes, 502 E Grace Ave in Salem, IN has in-unit laundry.

Apartments for Rent

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Off Market Homes Near 502 E Grace Ave

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