5440 E Marrs Rd, Salem, IN 47167
Property image
Property image
OFF MARKET

$454,800

Trulia Estimate
  • 4 Beds
  • 1 Bath
  • 2,160 sqft (on 115.10 acres)

5440 E Marrs Rd, Salem, IN 47167

Est. Refi. Payment $2,671/mo*
Refinance Your Home
Currently Off Market - Sold Apr 21, 2022 for $130,000

Home Value

Trulia Estimate
$455K
Since last month
Decreased$10K (-2.2%)
Since last year
Increased$80K (+20.9%)
Since last sale
Increased$333K (+255.9%)
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 +88% in the last 10 years
MonthEstimated value
2026
August 2026$463K
August 2026$454K
July 2026$473K
June 2026$456K
May 2026$476K
April 2026$456K
March 2026$453K
February 2026$433K
January 2026$406K
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
5556 E Marrs Rd, Salem, IN 47167
0.19
$256,800
Studio
1
2,982
Off Market
5614 E Marrs Rd, Salem, IN 47167
0.39
$574,800
4
2
1,728
Off Market

Local Information

  • Map ViewExplore the area around 5440 E Marrs Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1900
115.1 acre lot
2,160 sqft
$211/sqft
Garage

About this House

This single-family home is located at 5440 E Marrs Rd, Salem, IN. 5440 E Marrs Rd is in Salem, IN and in ZIP code 47167. This property has 4 bedrooms, 1 bathroom and approximately 2,160 sqft of floor space. This property has a lot size of 5.00 acres and was built in 1900.
5440 E Marrs Rd, Salem, IN 47167 is a 4 bedroom, 1 bathroom, 2,160 sqft single-family home built in 1900. It last sold for $130,000 on Apr 21, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $454,800, with a rent estimate of $1,731/month.

Home Details for 5440 E Marrs Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 2
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: 1900
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 115.10 acres

Price and Tax history

DateEventPrice
Apr 21, 2022
Source: SIRA #202207083
Sold
$130,000
Mar 2, 2022
Source: IRMLS #202205931
Pending
$195,000
Feb 25, 2022
Source: SIRA #202207083
Listed For Sale
$195,000

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
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 5440 E Marrs Rd

  • What is 5440 E Marrs Rd estimated to be worth?
    Trulia's estimated value for 5440 E Marrs Rd in Salem, IN is $454,800.
  • What is the price history for 5440 E Marrs Rd?
    5440 E Marrs Rd in Salem, IN last sold for $130,000 in April 2022.
  • 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 5440 E Marrs Rd have air conditioning?
    Yes, 5440 E Marrs Rd in Salem, IN has air conditioning.
  • How big is the lot at 5440 E Marrs Rd?
    The lot at 5440 E Marrs Rd in Salem, IN is about 5 acres.

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