512 E Colony Dr, Salem, IN 47167
OFF MARKET

$221,100

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,404 sqft

512 E Colony Dr, Salem, IN 47167

Est. Refi. Payment $1,379/mo*
Refinance Your Home

Home Value

Trulia Estimate
$221K
Since last month
Increased$2K (+0.7%)
Since last year
Increased$15K (+7.4%)
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 +90% in the last 10 years
MonthEstimated value
2026
September 2026$221K
August 2026$216K
July 2026$220K
June 2026$224K
May 2026$217K
April 2026$215K
March 2026$214K
February 2026$206K
January 2026$205K
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
1204 N Locust St, Salem, IN 47167
0.11
$161,300
Studio
2
1,296
Off Market
1106 N Main St, Salem, IN 47167
0.38
$269,800
4
2
2,060
Off Market
1945 N Sparks Ferry Rd, Salem, IN 47167
1.03
$361,400
5
4
1,224
Off Market
1587 N Sparks Ferry Rd, Salem, IN 47167
0.68
$215,400
4
1
1,996
Off Market
103 N Valley View Dr, Salem, IN 47167
0.98
$340,300
4
2.5
3,092
Off Market
102 W Natalie Ct, Salem, IN 47167
0.82
$453,400
4
3
2,131
Off Market
510 Pilgrim Way, Salem, IN 47167
0.07
$153,500
Studio
2
1,182
Off Market
513 E Colony Dr, Salem, IN 47167
0.04
$173,900
3
1
1,092
Off Market
1114 N Locust St, Salem, IN 47167
0.14
$168,100
3
2
1,404
Off Market
530 E Colony Dr, Salem, IN 47167
0.12
$130,800
4
1
1,404
Off Market
522 E Colony Dr, Salem, IN 47167
0.07
$166,900
3
1
1,092
Off Market
520 E Colony Dr, Salem, IN 47167
0.06
$194,000
3
1
1,092
Off Market

Local Information

  • Map ViewExplore the area around 512 E Colony Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1983
1,404 sqft
$157/sqft
Garage

About this House

This single-family home is located at 512 E Colony Dr, Salem, IN. 512 E Colony Dr is in Salem, IN and in ZIP code 47167. This property has 3 bedrooms, 2 bathrooms and approximately 1,404 sqft of floor space. This property has a lot size of 10018 sqft and was built in 1983.
512 E Colony Dr, Salem, IN 47167 is a 3 bedroom, 2 bathroom, 1,404 sqft single-family home built in 1983. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $221,100, with a rent estimate of $1,669/month.

Home Details for 512 E Colony Dr

Interior Features

Heating & Cooling
Heating: Heat PumpAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 7

Exterior Features

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

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 10018 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$1,331
$169,600
Home facts updated by county records

Market trends in Salem

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
82
8MoM

Around this home

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."
    2
    Flag
  • Kate L.
    "you see people walking dogs all the time. there are not any dogs that constantly bark. it is a nice quiet area "
    0
    Flag
  • Shellee09
    "Nice quaint friendly town with a slow pace but has amenities and shops close decent schools great small town living "
    0
    Flag
  • 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."
    0
    Flag
  • 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. "
    0
    Flag
  • Bsteepleton
    "I like this neighborhood,,easy to get from place to place...makes for a good forever home.would recommend it to anyone "
    1
    Flag
  • 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. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 512 E Colony Dr

  • What is 512 E Colony Dr estimated to be worth?
    Trulia's estimated value for 512 E Colony Dr in Salem, IN is $221,100.
  • 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 512 E Colony Dr?
    The closest schools to 512 E Colony Dr 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 512 E Colony Dr have air conditioning?
    Yes, 512 E Colony Dr in Salem, IN has air conditioning.
  • How big is the lot at 512 E Colony Dr?
    The lot at 512 E Colony Dr in Salem, IN is about 0.23 acres (10,018 sq ft).

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