524 E Colony Dr, Salem, IN 47167
OFF MARKET

$165,900

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,092 sqft

524 E Colony Dr, Salem, IN 47167

Est. Refi. Payment $1,021/mo*
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Home Value

Trulia Estimate
$166K
Since last month
Decreased$5K (-2.7%)
Since last year
Increased$4K (+2.4%)
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 +119% in the last 10 years
MonthEstimated value
2026
August 2026$166K
August 2026$165K
July 2026$171K
June 2026$176K
May 2026$172K
April 2026$168K
March 2026$169K
February 2026$161K
January 2026$159K
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
805 N High St, Salem, IN
0.57
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
508 E Colony Dr, Salem, IN 47167
0.11
$160,700
3
2
1,188
Off Market
507 Colony Dr, Salem, IN 47167
0.13
$181,100
3
2
1,404
Off Market
1202 N Locust St, Salem, IN 47167
0.19
$172,100
3
2
1,296
Off Market
1206 N Locust St, Salem, IN 47167
0.18
$182,500
Studio
2
1,296
Off Market
1101 N Main St, Salem, IN 47167
0.40
$241,500
3
2
2,434
Off Market
1300 N State Road 135, Salem, IN 47167
0.56
$421,500
3
2
3,816
Off Market
533 E Colony Dr, Salem, IN 47167
0.07
$163,200
Studio
1
1,092
Off Market
536 E Pilgrim Way, Salem, IN 47167
0.12
$168,500
3
1
1,056
Off Market
534 E Pilgrim Way, Salem, IN 47167
0.10
$146,300
3
1
1,400
Off Market
532 E Pilgrim Way, Salem, IN 47167
0.09
$205,500
4
2
1,404
Off Market
528 E Pilgrim Way, Salem, IN 47167
0.07
$162,600
3
1
1,092
Off Market
524 E Pilgrim Way, Salem, IN 47167
0.07
$185,100
4
1
1,404
Off Market

Local Information

  • Map ViewExplore the area around 524 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 1979
1,092 sqft
$152/sqft
Garage

About this House

This single-family home is located at 524 E Colony Dr, Salem, IN. 524 E Colony Dr is in Salem, IN and in ZIP code 47167. This property has 3 bedrooms, 1 bathroom and approximately 1,092 sqft of floor space. This property has a lot size of 10018 sqft and was built in 1979.
524 E Colony Dr, Salem, IN 47167 is a 3 bedroom, 1 bathroom, 1,092 sqft single-family home built in 1979. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $165,900, with a rent estimate of $1,405/month.

Home Details for 524 E Colony Dr

Interior Features

Heating & Cooling
Heating: Heat PumpHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6Types of Rooms: Family Room

Exterior Features

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

Property Information

Year Built
Year Built: 1979
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 10018 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$1,958
$115,100
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
9MoM

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 524 E Colony Dr

  • What is 524 E Colony Dr estimated to be worth?
    Trulia's estimated value for 524 E Colony Dr in Salem, IN is $165,900.
  • 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 524 E Colony Dr?
    The closest schools to 524 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).
  • How big is the lot at 524 E Colony Dr?
    The lot at 524 E Colony Dr in Salem, IN is about 0.23 acres (10,018 sq ft).
  • Does 524 E Colony Dr have a garage?
    Yes, 524 E Colony Dr in Salem, IN has a garage.

Apartments for Rent

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Off Market Homes Near 524 E Colony Dr

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