5579 E  Old 56, Salem, IN 47167
Property image
Property image
FOR SALE
FOR SALE BY OWNER
1.7 ACRES

$282,500

  • 5 Beds
  • 3 Baths
  • 1,356 sqft (on 1.70 acres)

5579 E Old 56, Salem, IN 47167

Est. Mortgage $1,694/mo*
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Home Highlights

Single-Family Home
Built in 1951
1.7 acre lot
$208/sqft
Garage

Local Information

  • Map ViewExplore the area around 5579 E Old 56.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Built in the 50s, bought by my parents in the 60s and very well maintained by my meticulous father.
Two stories and a big basement with a storm cellar/fruit cellar. Five bedrooms, one of those being a master bedroom/bathroom that was added n the mid-80s.
Natural gas furnace with AC. Most of the rooms also have electric baseboard heat.
Two outbuildings; a detached 2-car garage, two 16x12 sheds with poured slab floors.

Home Details for 5579 E Old 56

Interior Features

Interior Details
BasementAtticNumber of Rooms: 9Types of Rooms: Walk In Closet, Library, WorkshopCeiling Fan
Heating & Cooling
Heating: Baseboard, Forced Air, Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 2Floors: Concrete, Hardwood, Laminate
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: VinylGardenLawnPorch
Parking & Garage
GarageParking Spaces: 6Parking: Garage Detached, Off Street

Days on Market

Days on Market: 41 days on Trulia

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: Single Family Home

Price & Status

Price
Price Per Sqft: $208

Lot Information

Lot Area: 1.70 acres

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."
  • 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. "

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

Home Value

Learn more about this home's value by checking out the value of nearby homes.

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
0.03
$98,000
2
1
715
Off Market
0.11
$464,100
4
2
2,400
Off Market
0.12
-
2
1
1,592
Off Market
0.77
$42,000
-
-
-
Recently Sold
0.56
-
5
1
1,496
Off Market
0.18
$198,800
3
1
1,120
Off Market
0.45
$208,700
Studio
2
1,664
Off Market
0.43
$194,300
3
1
1,248
Off Market
0.44
$155,200
Studio
2
1,144
Off Market
0.23
-
3
1
1,586
Off Market
0.47
$201,500
3
2
1,430
Off Market
0.43
$122,800
Studio
1
628
Off Market

Price and Tax history

DateEventPrice
Jul 24, 2026
Source: N/A
Listed For Sale
$282,500

LGBTQ Local Legal Protections

This property is for sale by owner and Zillow, Inc. is displaying it at the owner’s request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

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Frequently asked questions about 5579 E Old 56

  • What is the estimated monthly payment for 5579 E Old 56?
    Based on a $282,500 list price with 20% down at today's rates, the estimated monthly payment for 5579 E Old 56 in Salem, IN is approximately $1,724 (about $1,496 principal & interest, $153 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • 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 homes for sale in Salem, IN.
  • What are the closest schools to 5579 E Old 56?
    The closest schools to 5579 E Old 56 in Salem, IN are East Washington Elementary School (Pre-K, rated 8/10), East Washington Middle School (Elementary, rated 6/10), Eastern High School (rated 4/10).
  • Does 5579 E Old 56 have air conditioning?
    Yes, 5579 E Old 56 in Salem, IN has air conditioning.
  • Does 5579 E Old 56 have laundry facilities?
    Yes, 5579 E Old 56 in Salem, IN has in-unit laundry.
  • How big is the lot at 5579 E Old 56?
    The lot at 5579 E Old 56 in Salem, IN is about 1.7 acres.
5579 E Old 56, Salem, IN 47167 is a 5 bedroom, 3 bathroom, 1,356 sqft single-family home built in 1951. This property is currently available for sale and was listed on Jul 24, 2026.