5597 E  Old 56, Salem, IN 47167
OFF MARKET

$464,100

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 2,400 sqft (on 8.64 acres)

5597 E Old 56, Salem, IN 47167

Est. Refi. Payment $2,734/mo*
Refinance Your Home

Home Value

Trulia Estimate
$464K
Since last month
Increased$2K (+0.3%)
Since last year
Increased$9K (+2%)
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 +82% in the last 10 years
MonthEstimated value
2026
August 2026$466K
August 2026$465K
July 2026$464K
June 2026$473K
May 2026$466K
April 2026$461K
March 2026$463K
February 2026$446K
January 2026$448K
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
0.07
-
2
1
1,592
Off Market
0.69
$42,000
-
-
-
Recently Sold
0.47
-
5
1
1,496
Off Market
0.11
$198,800
3
1
1,120
Off Market
0.15
$260,500
Studio
2
2,280
Off Market
0.21
$243,200
3
3
1,212
Off Market
0.08
$98,000
2
1
715
Off Market
0.11
$282,500
5
3
1,356
For Sale
0.40
$208,700
Studio
2
1,664
Off Market
0.40
$194,300
3
1
1,248
Off Market
0.38
$155,200
Studio
2
1,144
Off Market
0.24
-
3
1
1,586
Off Market

Local Information

  • Map ViewExplore the area around 5597 E Old 56.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2005
8.64 acre lot
2,400 sqft
$193/sqft
Garage

About this House

This single-family home is located at 5597 E Old 56, Salem, IN. 5597 E Old 56 is in Salem, IN and in ZIP code 47167. This property has 4 bedrooms, 2 bathrooms and approximately 2,400 sqft of floor space. This property has a lot size of 8.64 acres and was built in 2005.
5597 E Old 56, Salem, IN 47167 is a 4 bedroom, 2 bathroom, 2,400 sqft single-family home built in 2005. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $464,100, with a rent estimate of $2,174/month.

Home Details for 5597 E Old 56

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

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

Property Information

Year Built
Year Built: 2005
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 8.64 acres

Price and Tax history

YearProperty taxTax assessment
2025
$2,541
$312,600
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
9
MoM

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. "

LGBTQ Local Legal Protections

Frequently asked questions about 5597 E Old 56

  • What is 5597 E Old 56 estimated to be worth?
    Trulia's estimated value for 5597 E Old 56 in Salem, IN is $464,100.
  • 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 5597 E Old 56?
    The closest schools to 5597 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 5597 E Old 56 have air conditioning?
    Yes, 5597 E Old 56 in Salem, IN has air conditioning.
  • Does 5597 E Old 56 have a pool?
    Yes, 5597 E Old 56 in Salem, IN has a pool.

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