5898 E Old 56, Salem, IN 47167
OFF MARKET

$551,600

Trulia Estimate
  • Studio
  • 1 Bath
  • 1,344 sqft (on 98.32 acres)

5898 E Old 56, Salem, IN 47167

Est. Refi. Payment $3,263/mo*
Refinance Your Home

Home Value

Trulia Estimate
$552K
Since last month
Increased$13K (+2.4%)
Since last year
Increased$99K (+21.2%)
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 +61% in the last 10 years
MonthEstimated value
2026
August 2026$567K
August 2026$552K
July 2026$554K
June 2026$552K
May 2026$563K
April 2026$532K
March 2026$530K
February 2026$493K
January 2026$455K
2025
2024
2023

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
4804 N West Point Rd, Salem, IN 47167
1.52
$206,000
4
1
1,973
Off Market
5420 E Old 56, Salem, IN 47167
0.57
$513,500
Studio
-
1,800
Off Market
3408 N West Point Rd, Salem, IN 47167
0.50
-
Studio
2
3,376
Off Market
4345 N West Point Rd, Salem, IN 47167
1.18
$426,700
2
1
1,680
Off Market
6908 E Old 56, Salem, IN 47167
1.29
$337,800
3
3
1,906
Off Market

Local Information

  • Map ViewExplore the area around 5898 E Old 56.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1960
98.32 acre lot
1,344 sqft
$410/sqft
Garage

About this House

This single-family home is located at 5898 E Old 56, Salem, IN. 5898 E Old 56 is in Salem, IN and in ZIP code 47167. This property has 1 bathroom and approximately 1,344 sqft of floor space. This property has a lot size of 98.32 acres and was built in 1960.
5898 E Old 56, Salem, IN 47167 is a studio, 1 bathroom, 1,344 sqft single-family home built in 1960. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $551,600, with a rent estimate of $1,492/month.

Home Details for 5898 E Old 56

Interior Features

Levels, Entrance, & Accessibility
Stories: 1.5
Interior Details
Number of Rooms: 5

Exterior Features

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

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 98.32 acres

Price and Tax history

YearProperty taxTax assessment
2025
$3,668
$185,600
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
8MoM

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."
    2
    Flag
  • Kate L.
    "you see people walking dogs all the time. there are not any dogs that constantly bark. it is a nice quiet area "
    0
    Flag
  • Shellee09
    "Nice quaint friendly town with a slow pace but has amenities and shops close decent schools great small town living "
    0
    Flag
  • 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."
    0
    Flag
  • 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. "
    0
    Flag
  • Bsteepleton
    "I like this neighborhood,,easy to get from place to place...makes for a good forever home.would recommend it to anyone "
    1
    Flag
  • 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. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5898 E Old 56

  • What is 5898 E Old 56 estimated to be worth?
    Trulia's estimated value for 5898 E Old 56 in Salem, IN is $551,600.
  • 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 5898 E Old 56?
    The closest schools to 5898 E Old 56 in Salem, IN are Bradie M Shrum Lower Elementary (Pre-K, rated 6/10), Salem High School (rated 3/10), Salem Middle School (rated 4/10).
  • How big is the lot at 5898 E Old 56?
    The lot at 5898 E Old 56 in Salem, IN is about 98.3 acres.
  • Does 5898 E Old 56 have a garage?
    Yes, 5898 E Old 56 in Salem, IN has a garage.

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