5804 E  Farabee Rd, Salem, IN 47167
OFF MARKET

$153,400

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,340 sqft (on 1 acre)

5804 E Farabee Rd, Salem, IN 47167

Est. Refi. Payment $984/mo*
Refinance Your Home

Home Value

Trulia Estimate
$153K
Since last month
Increased$9K (+6.5%)
Since last year
Increased$25K (+19.8%)
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 +148% in the last 10 years
MonthEstimated value
2026
September 2026$153K
August 2026$144K
July 2026$155K
June 2026$153K
May 2026$127K
April 2026$121K
March 2026$121K
February 2026$113K
January 2026$115K
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
1.12
Single-Family Home
$230,000
01/16/26
3
2
2,200

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
0.24
$125,300
Studio
1
1,546
Off Market
1.35
-
4
2
1,280
Off Market
0.72
$202,600
Studio
1
768
Off Market
0.85
$335,300
4
2.5
2,039
Off Market
0.83
$184,200
Studio
3
2,052
Off Market
1.10
$319,400
3
2
2,096
Off Market
1.58
$230,700
3
2
1,792
Off Market
1.65
$118,100
Studio
1
1,485
Off Market
1.46
-
4
2
2,100
Off Market
1.14
$219,100
3
2
2,672
Off Market

Local Information

  • Map ViewExplore the area around 5804 E Farabee Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1935
1 acre lot
1,340 sqft
$114/sqft
Garage

About this House

This single-family home is located at 5804 E Farabee Rd, Salem, IN. 5804 E Farabee Rd is in Salem, IN and in ZIP code 47167. This property has 3 bedrooms, 1 bathroom and approximately 1,340 sqft of floor space. This property has a lot size of 1 acre and was built in 1935.
5804 E Farabee Rd, Salem, IN 47167 is a 3 bedroom, 1 bathroom, 1,340 sqft single-family home built in 1935. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $153,400, with a rent estimate of $1,447/month.

Home Details for 5804 E Farabee Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6Types of Rooms: Family Room

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1935
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 1 acre

Price and Tax history

YearProperty taxTax assessment
2025
$89
$72,900
Home facts updated by county records

Market trends in Salem

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
82
8
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 5804 E Farabee Rd

  • What is 5804 E Farabee Rd estimated to be worth?
    Trulia's estimated value for 5804 E Farabee Rd in Salem, IN is $153,400.
  • 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 5804 E Farabee Rd?
    The closest schools to 5804 E Farabee Rd 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).
  • How big is the lot at 5804 E Farabee Rd?
    The lot at 5804 E Farabee Rd in Salem, IN is about 1 acre.
  • Does 5804 E Farabee Rd have a garage?
    Yes, 5804 E Farabee Rd in Salem, IN has a garage.

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