5503 Michael Rd, Salem, IL 62881
OFF MARKET

5503 Michael Rd
Salem, IL 62881

  • Studio

$682,600

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $4,546/mo*
Refinance Your Home

$682,600

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $4,546/mo*
Refinance Your Home
Studio
(on 153.20 acres)

Home Value

Trulia Estimate
$683K
Since last month
Decreased$58K (-7.9%)
Since last year
Increased$207K (+43.4%)
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 +81% in the last 10 years
MonthEstimated value
2026
August 2026$683K
July 2026$741K
June 2026$587K
May 2026$661K
April 2026$642K
March 2026$608K
February 2026$685K
January 2026$693K
2025
2024
2023

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
7184 Quail Run Rd, Iuka, IL
2.06
Single-Family Home
$153,000
12/08/25
3
2
1,056
4403 Keller Rd, Iuka, IL
2.72
Single-Family Home
$403,000
12/31/25
-
-
4685 Keller Rd, Iuka, IL
2.36
Single-Family Home
$327,000
06/05/26
3
2.5
1,664
4786 Keller Rd, Iuka, IL
2.41
Single-Family Home
$309,000
06/18/26
3
2
1,824
6556 Fox Rd, Salem, IL
2.81
Single-Family Home
$35,000
03/19/26
-
-
5481 Edgewood Rd, Salem, IL
3.82
Single-Family Home
$500,000
12/05/25
6
4
4,920
4120 Bannister Rd, Salem, IL
3.76
Single-Family Home
$193,000
02/17/26
3
2
1,960
5926 US Highway 50, Salem, IL
3.79
Single-Family Home
$130,000
09/12/25
3
1
-
5112 Tonti Rd, Salem, IL
4.14
Single-Family Home
$80,000
09/18/25
-
-
409 Enterprise St, Iuka, IL
4.43
Single-Family Home
$50,500
12/09/25
3
2
1,944

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
Bee Branch Rd, Iuka, IL 62849
1.12
$1,179,400
Studio
-
-
Off Market
Keller Rd, Iuka, IL 62849
1.22
$770,700
Studio
-
-
Off Market
7080 Bee Branch Rd, Iuka, IL 62849
1.25
$89,900
4
2
1,248
Recently Sold

Local Information

  • Map ViewExplore the area around 5503 Michael Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Lot Size
153.2 acres

About this House

This single-family home is located at 5503 Michael Rd, Salem, IL. 5503 Michael Rd is in Salem, IL and in ZIP code 62881. This property has a lot size of 153.20 acres.
5503 Michael Rd, Salem, IL 62881 is a studio single-family home. It is currently off market. The Trulia Estimate is $682,600, with a rent estimate of $1,516/month.

Home Details for 5503 Michael Rd

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 153.20 acres

Price and Tax history

YearProperty taxTax assessment
2024
$3,101
$209,430
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
41
4MoM

Around this home

What Locals Say about Salem

At least 33 Trulia users voted on each feature.

  • 95 % Say parking is easy

  • 92 % Say yards are well-kept

  • 86 % Say there's holiday spirit

  • 85 % Say car is needed

  • 85 % Say kids play outside

  • 83 % Say people would walk alone at night

  • 79 % Say it's dog friendly

  • 70 % Say it's quiet

  • 62 % Say there's wildlife

  • 56 % Say streets are well-lit

  • 52 % Say neighbors are friendly

  • 50 % Say there are sidewalks

  • 45 % Say they plan to stay for at least 5 years

  • 44 % Say it's walkable to grocery stores

  • 35 % Say it's walkable to restaurants

  • 34 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Denise Collier
    "It’s a quiet neighborhood no one bothers us. We can leave our kids bikes out in the yard and my husbands boat out in the yard and no one messes with it. "
    0
    Flag
  • Denise Collier
    "It’s quiet. No one bothers anyone. Can trust my neighbors. It’s close to the park and the schools. I can trust that my kids are safe and can walk to school without having to worry about them. I know they’re safe and they have neighbors to watch over them. "
    0
    Flag
  • Edaa16
    "Nothing really, neighbors don’t mess with me much. There’s plenty of trees for shade, and a lake to look at. But your not allowed to fish it, so I guess that’s unique. "
    8
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5503 Michael Rd

  • What is 5503 Michael Rd estimated to be worth?
    Trulia's estimated value for 5503 Michael Rd in Salem, IL is $682,600.
  • Is Salem a buyer's or seller's market?
    Salem is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Salem?
    Residents describe Salem, IL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Salem, IL.
  • What are the closest schools to 5503 Michael Rd?
    The closest schools to 5503 Michael Rd in Salem, IL are Iuka Community Cons School (Pre-K/Elementary/Middle, rated 7/10), Salem Community High School (rated 4/10).
  • How big is the lot at 5503 Michael Rd?
    The lot at 5503 Michael Rd in Salem, IL is about 153.2 acres.

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near 5503 Michael Rd

Skip to last item
Skip to first item

Homes for sale near 5503 Michael Rd

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item