Homes for sale - 540 E Colony DR, Salem, IN 47167

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Shawne Mardis

smardis@movingwithmardis.com +1(502) 649-6720

$225,000

Est. payment - /mo

3 Beds

1 Bath

1,118 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 1,118 sqft

Price per Sqft $201

Subdivision Rolling Way

MLS Listing ID 2025010753

Style One Story

Bedrooms 3

Full Baths 1

Construction Status Resale

Abv Grd Liv Area 1,118

Year Built 1990

Annual Tax Amount $961

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Residential

Property Description

This 3-bedroom, 1-bathroom house sits on 1,118 square feet of solid potential. This home is ready for someone with vision who appreciates a good foundation and the freedom to make it their own. The bones are strong here - structurally sound with some thoughtful updates already in place. You'll find new windows throughout and flooring in select areas, while the rest awaits your personal touch and style choices. The oversized living room gives you plenty of space to spread out, and those mature trees in the yard provide natural beauty and shade. Now, let's talk about that backyard - it's something special. The newly installed privacy fence creates your own private retreat. But the real showstopper is the finished shed that's been expertly crafted by local Amish. This isn't your typical storage shed. It features interior lighting, insulation, custom shelving, air conditioning, and its own separate 200-amp electrical service. It's practically a workshop, office, or hobby space waiting to happen. Close to restaurants, schools, and shopping, making daily life convenient without sacrificing the peaceful neighborhood feel. This property offers renovation potential for those who love projects, plus immediate outdoor enjoyment with that fantastic backyard setup. Whether you're a first-time buyer ready to build equity through improvements or someone looking for a solid home with unique features, this Salem property delivers both comfort and possibility.

Location

State IN

County Washington

Zoning Residential

Direction GPS

Rooms

Basement Crawl Space

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen, Open Floorplan

Heating Baseboard

Cooling Window Unit(s), Wall Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Dishwasher

Laundry Main Level, Laundry Room

Exterior

Exterior Feature Deck, Fence, Paved Driveway

Parking Features Carport

Garage Spaces 1.0

Garage Description 1.0

Fence Yard Fenced

Water Access Desc Connected,Public

Roof Type Shingle

Street Surface Paved

Porch Deck

Building

Entry Level One

Foundation Block

Sewer Public Sewer

Water Connected, Public

Architectural Style One Story

Level or Stories One

Additional Building Shed(s)

New Construction No

Construction Status Resale

Others

Tax ID 0220081908

Acceptable Financing Conventional, FHA, USDA Loan, VA Loan

Listing Terms Conventional, FHA, USDA Loan, VA Loan

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Listed by Schuler Bauer Real Estate Services ERA Powered

"I have spent nearly 2 decades becoming an expert in Southern Indiana market trends and influences. Now, I'll put my considerable market background to work for you, helping you to identify the best deals, and price your home accurately to assure a quick sale, while maximizing profit. "

+1(502) 649-6720

smardis@movingwithmardis.com

8610 Chapel Hill Court, Charlestown, Indiana, 47130, USA

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540 E Colony DR Salem, IN 47167