540 Colony Dr, Salem, IN

Name: 540 Colony Dr, For Sale in Salem - Zoocasa
Brand: Schuler Bauer Real Estate Services ERA Powered
SKU: 2025010753
Price: 214900 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$214,900

310

MLS® 2025010753

Overview

Key Facts

Type Other

Levels Residential

Size 1118 sqft

Garage Yes

Maintenance Fees

Taxes $961

Days Active 178

Approx. Age 1990

Avg. Price Per Sqft $192

MLS® Number 2025010753

Property Address: 540 Colony Dr, Salem, IN, 47167-1977

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number2025010753

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelMain Level, Laundry Room

Exposure

Exterior

GarageYes

Approx. Age1990

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Rooms

Change to metres

Other:First Floor5 × 9 ft

Living Room:First Floor15 × 16 ft

Bedroom 1:First Floor9.5 × 11 ft

Bathroom 1:First Floor5 × 10.5 ft

Bedroom 1:First Floor10 × 10 ft

Dining Room:First Floor9 × 9 ft

Kitchen:First Floor8 × 9 ft

Bedroom 1:First Floor10 × 10 ft

Price History

-End Date

Not Sold YetSold Price

For Sale

Sep 1, 2025List Date

$214,900List Price

Map

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