5885 E  Old 56, Salem, IN 47167
OFF MARKET

$164,100

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 978 sqft (on 2.17 acres)

5885 E Old 56, Salem, IN 47167

Est. Refi. Payment $1,048/mo*
Refinance Your Home

Home Value

Trulia Estimate
$164K
Since last month
Increased$2K (+1.3%)
Since last year
Increased$24K (+17%)
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 +127% in the last 10 years
MonthEstimated value
2026
September 2026$164K
August 2026$162K
July 2026$160K
June 2026$160K
May 2026$146K
April 2026$139K
March 2026$139K
February 2026$131K
January 2026$135K
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
0.40
$125,900
Studio
1
660
Off Market
0.29
$105,000
Studio
1
684
Off Market
0.47
$251,500
3
2
1,512
Off Market
0.72
$201,100
3
2
2,016
Off Market
0.66
$215,100
6
4
1,968
Off Market
0.79
$101,900
Studio
2
1,232
Off Market
0.47
$173,300
Studio
2
1,667
Off Market
0.51
$167,900
3
2
1,216
Off Market
0.58
$248,600
3
1
1,540
Off Market
0.62
$195,100
Studio
3
1,904
Off Market
0.65
$123,400
2
1
1,008
Off Market
0.51
$192,200
Studio
2
1,512
Off Market

Local Information

  • Map ViewExplore the area around 5885 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 1946
2.17 acre lot
978 sqft
$168/sqft
Garage

About this House

This single-family home is located at 5885 E Old 56, Salem, IN. 5885 E Old 56 is in Salem, IN and in ZIP code 47167. This property has 3 bedrooms, 1 bathroom and approximately 978 sqft of floor space. This property has a lot size of 2.17 acres and was built in 1946.
5885 E Old 56, Salem, IN 47167 is a 3 bedroom, 1 bathroom, 978 sqft single-family home built in 1946. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $164,100, with a rent estimate of $1,323/month.

Home Details for 5885 E Old 56

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
AtticNumber of Rooms: 7
Fireplace & Spa
Fireplace

Exterior Features

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

Property Information

Year Built
Year Built: 1946
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 2.17 acres

Price and Tax history

YearProperty taxTax assessment
2025
$579
$104,400
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 5885 E Old 56

  • What is 5885 E Old 56 estimated to be worth?
    Trulia's estimated value for 5885 E Old 56 in Salem, IN is $164,100.
  • 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 5885 E Old 56?
    The closest schools to 5885 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).
  • How big is the lot at 5885 E Old 56?
    The lot at 5885 E Old 56 in Salem, IN is about 2.2 acres.
  • Does 5885 E Old 56 have a garage?
    Yes, 5885 E Old 56 in Salem, IN has a garage.

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