5040 W Walnut Ridge Rd, Salem, IN 47167 is a single family home that contains 1,296 sq ft and was built in 1982. It contains 3 bedrooms and 1.5 bathrooms. This home last sold for $50,000 in February 2026.
The Zestimate for this house is $83,900. The Rent Zestimate for this home is $1,428/mo.
Sold for $50,000
Street View
$50,000
5040 W Walnut Ridge Rd, Salem, IN 47167
3beds
1baths
1,296sqft
SingleFamily
Built in 1982
2.4 Acres Lot
$83,900 Zestimate®
$39/sqft
$1,428 Estimated rent
Home value
$83,900
$71,000 - $102,000
$1,428/mo
Zestimate® history
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Owner options
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What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1.5
Heating
- Other
Cooling
- Central
Features
- Basement: None
Interior area
- Total interior livable area: 1,296 sqft
Property
Lot
- Size: 2.40 Acres
Details
- Parcel number: 884333000007000009
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1982
Community & neighborhood
Location
- Region: Salem
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2026 | Sold | $50,000$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $961 +1.5% | $48,800 -1.4% |
| 2023 | $946 -0.8% | $49,500 -0.8% |
| 2022 | $954 +0.8% | $49,900 +5.7% |
Find assessor info on the county website
Neighborhood: 47167
Nearby schools
GreatSchools rating
- 7/10Bradie M Shrum Lower ElementaryGrades: PK-5Distance: 9 mi
- 6/10Salem Middle SchoolGrades: 6-8Distance: 9.1 mi
- 4/10Salem High SchoolGrades: 9-12Distance: 9.3 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$83,900
2% more+$1,678
With Zillow Showcase(estimated)$85,578