540 E Colony Drive, Salem, IN 47167

Local realty services provided by:Schuler Bauer Real Estate ERA Powered
540 E Colony Drive,Salem, IN 47167
$214,900
  • 3 Beds
  • 1 Baths
  • 1,118 sq. ft.
  • Single family
  • Active
Listed by:
  • Listing agent0
    Robin Bays(812) 736 - 5515
    Schuler Bauer Real Estate ERA Powered
MLS#:2025010753
Source:IN_SIRA

Price summary

  • Price:$214,900
  • Price per sq. ft.:$192.22

About this home

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

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1990
  • Listing ID #:2025010753
  • Added:109 day(s) ago
  • Updated:December 19, 2025 at 04:14 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,118 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Units, Window Units
  • Heating:Baseboard

Structure and exterior

  • Roof:Shingle
  • Year built:1990
  • Building area:1,118 sq. ft.
  • Lot area:0.24 Acres

Utilities

  • Water:Connected, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$214,900
  • Price per sq. ft.:$192.22
  • Tax amount:$961