511 E  Colony Dr, Salem, IN 47167
OFF MARKET

$206,200

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,344 sqft (on 0.25 acres)

511 E Colony Dr, Salem, IN 47167

Est. Refi. Payment $1,249/mo*
Refinance Your Home
Currently Off Market - Sold Sep 23, 2016 for $106,900

Home Value

Trulia Estimate
$206K
Since last month
Decreased$3K (-1.3%)
Since last year
Increased$10K (+4.9%)
Since last sale
Increased$99K (+92.9%)
Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.

Trulia Estimate

The of this home's value increased by +93% in the last 10 years
MonthEstimated value
2026
August 2026$206K
August 2026$206K
July 2026$209K
June 2026$212K
May 2026$205K
April 2026$201K
March 2026$200K
February 2026$195K
January 2026$193K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
0.04
$165,700
3
2
1,200
Off Market
0.05
$110,231
3
2
1,404
Recently Sold
0.09
$147,200
Studio
2
1,188
Off Market
0.29
$357,600
5
3
3,876
Off Market
0.39
$249,000
2
2
2,430
Off Market
0.59
$191,900
3
1
2,080
Off Market
0.03
$147,500
Studio
2
1,188
Off Market
0.03
$163,800
3
2
1,296
Off Market
0.07
$160,400
Studio
2
1,296
Off Market
0.07
$171,800
3
2
1,508
Off Market
0.07
$192,600
3
2
1,188
Off Market
0.08
$163,800
3
2
1,566
Off Market

Local Information

  • Map ViewExplore the area around 511 E Colony Dr.
  • 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
0.25 acres
Living Area
1,344 sqft
Price/Sqft
$153
Parking
Garage

About this House

This single-family home is located at 511 E Colony Dr, Salem, IN. 511 E Colony Dr is in Salem, IN and in ZIP code 47167. This property has 3 bedrooms, 2 bathrooms and approximately 1,344 sqft of floor space. This property has a lot size of 10890 sqft and was built in 2007.
511 E Colony Dr, Salem, IN 47167 is a 3 bedroom, 2 bathroom, 1,344 sqft single-family home built in 2007. It last sold for $106,900 on Sep 23, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $206,200, with a rent estimate of $1,524/month.

Home Details for 511 E Colony Dr

Interior Features

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

Exterior Features

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

Property Information

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

Lot Information

Lot Area: 10890 sqft

Price and Tax history

DateEventPrice
Sep 23, 2016
Source: N/A
Sold
$106,900
Feb 28, 2008
Source: N/A
Sold
$120,000

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 511 E Colony Dr

  • What is 511 E Colony Dr estimated to be worth?
    Trulia's estimated value for 511 E Colony Dr in Salem, IN is $206,200.
  • What is the price history for 511 E Colony Dr?
    511 E Colony Dr in Salem, IN last sold for $106,900 in September 2016.
  • 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 511 E Colony Dr have air conditioning?
    Yes, 511 E Colony Dr in Salem, IN has air conditioning.
  • How big is the lot at 511 E Colony Dr?
    The lot at 511 E Colony Dr in Salem, IN is about 0.25 acres (10,890 sq ft).

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