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Key Facts

3Beds

2Baths

1,404Sq Ft

1994Year Built

0.24Lot (acres)

1Garage

$140,000

$164,900 · Price reduced

Active67 days on marketListed May 1, 2026

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Description

Discover a remarkable living opportunity at 506 Pilgrim WAY, SALEM, IN. This single-family residence offers a spanning 1404 square feet, is a truly inviting home, ready for you to move in and begin your next chapter. The property offers 3 comfortable bedrooms, providing ample private space w/split bedrooms. Complementing these are 2 full bathrooms, designed for convenience and daily comfort. With a generous 0.24 corner lot! This single-story property presents a harmonious balance of indoor and outdoor living w/lot of landscaping/flowers when in full bloom. This home offers a 1-Car Attached Garage and PAVED driveway! Embrace the ease and comfort of this residence; schedule your viewing today and experience its appeal firsthand.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Other

Year Built

1994

Living Area

1,404 sq ft

Lot Size

0.24 acres

Garage Spaces

Days on Market

MLS® Listing#

22099316

Property Features

Interior

Walk-In Closet(s)

Appliances

DishwasherElectric OvenRefrigerator

Cooling

Central Air

Heating

Forced Air

Basement

Crawl Space

Parking

Attached

Construction

Vinyl Siding

Water Source

Public

Schools

Elementary:: Bradie Shrum Elementary
Middle:: Salem Middle School
High:: Salem High School

Financial Details

HOA

None

Parcel Number

882408443014000022

Directions

GPS Friendly

Affordability Calculator

Home Price

Down Payment

$28,000

Interest Rate (%)

Loan Term

Estimated monthly payment

$745/mo

Principal $112,000 · Est. interest $156,250 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Salem, IN

$226,923
Median Listing Price: 58
Median Days on Market: 1,404
Median Sq Ft: $154
Median Price / Sq Ft: 63
Active Listings

This home’s price is 38% below the area median.
Its price per sq ft is 35% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Salem, IN.

Location

Points of Interest in Salem, IN

Nearby Schools

Salem Middle School
Secondary · 0.6 mi away
Bradie Shrum Elementary
Elementary · 0.7 mi away
Salem High School
Secondary · 0.8 mi away
Salem Schools
School · 0.8 mi away
West Washington School Corporation
Elementary · 8.0 mi away
East Washington Middle School
Secondary · 8.7 mi away
Southern Hills Mennonite School
School · 10.9 mi away
William W Borden High School
Secondary · 13.0 mi away
Borden Elementary School
Elementary · 13.0 mi away
Medora Junior Senior High School
Secondary · 14.8 mi away
Morgan Elementary School
Elementary · 16.7 mi away
Scottsburg Senior High School
Secondary · 17.6 mi away
Greenville Elementary School
Elementary · 17.6 mi away
Brownstown Elementary School
Elementary · 17.8 mi away
Scottsburg Elementary School
Elementary · 17.8 mi away
Austin Elementary School
Elementary · 17.9 mi away
Scott County School District 1
School · 17.9 mi away
Vienna-Finley Elementary School
Elementary · 17.9 mi away
Austin High School
Secondary · 18.0 mi away
Austin Middle School
Secondary · 18.0 mi away

Commute Calculator

Nearby Homes

$140,000

3 bed · 2 bath

506 Pilgrim Way, Salem, IN

0.0 mi away

$134,900

4 bed · 1 bath

530 E Colony Drive, Salem, IN

0.2 mi away

$105,000

3 bed · 1 bath

905 N Locust Street, Salem, IN

0.2 mi away

$182,000

2 bed · 1 bath

500 E Homer Street, Salem, IN

0.3 mi away

$174,900

3 bed · 1 bath

120 N Nichols Avenue, Salem, IN

0.4 mi away

$175,000

3 bed · 1 bath

102 Nichols Avenue, Salem, IN

0.4 mi away

Similar Homes Nearby

$99,000
2 beds · 1 bath · 992 sq ft
306 W Poplar Street, Salem, IN 47167
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$99,900
2 beds · 1 bath · 700 sq ft
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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
306 W Poplar Street, Salem, IN	$99,000	2	1	992
604 W Bristol Street, Salem, IN	$99,900	2	1	700
905 N Locust Street, Salem, IN	$105,000	3	1	796
500 W Mulberry Street, Salem, IN	$119,900	3	2	2,144
6 E Pearl Street, North Salem, IN	$132,500	2	1	1,017
530 E Colony Drive, Salem, IN	$134,900	4	1	1,404

Moving Cost Estimate

EXIT Agents in Salem

Darlene Hirth
Sales Representative
EXIT Realty CrutcherLouisville, KY
(502) 817-5361
darlene@exitrealtycrutcher.com
Cindy Crutcher
Broker of Record
EXIT Realty CrutcherLouisville, KY
(502) 680-9822
cindy@exitrealtycrutcher.com
Kenny Hawkins
Sales Representative
EXIT Realty CrutcherLouisville, KY
(502) 680-6195
kennyhawkins@me.com
Travis Strobl
Sales Representative
EXIT Realty CrutcherLouisville, KY
(502) 669-2803
travis@exitrealtycrutcher.com
Teri White
Sales Representative
EXIT Realty CrutcherLouisville, KY
(502) 378-2403
twhite@exitrealtycrutcher.com
Kristina Ditto
Sales Representative
EXIT Realty CrutcherLouisville, KY
(502) 472-0181
kditto@exitrealtycrutcher.com

Listing Courtesy: Lighthouse Realty Group, Inc - lighthousesold@yahoo.com

Listings courtesy of MIBOR as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID, use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-05-01

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