405 Arthur Street
Salem, IN, 47167 $ 155,000
Bedrooms2 Baths1.0 Sq 837 Monthly Estimate*
$ 979
for $155,000 with 2 bedrooms and 1 full bath. This 837 square foot home was built in 1940 on a lot size of 0.48.
Charming, Completely Updated Home on Nearly Half an Acre! Efficient, low-maintenance, and packed with outdoor space! This 2-bedroom, 1-bath home has been thoughtfully renovated from top to bottom and sits on a nearly ½-acre lot in one of Salem's classic neighborhoods. Clean, modern style meets timeless character with all new flooring, an updated bathroom, charming barn doors, and a vintage-inspired kitchen. Large windows with 2-inch wood blinds provide abundant natural light, while ceiling fans add year-round comfort. Major updates include a 4-year-old metal roof, new gutters, siding, windows, electrical panel, water and sewer lines, all new floor joists, composite front porch decking, and an automatic crawl space sump pump. Energy efficient with excellent insulation, ventless heating and air, reasonable utility costs, plus a backup gas heater. Enjoy a spacious fenced backyard with a fire pit, an inviting front porch, and a large dry storage shed for extra storage. With nearly every major improvement already completed, this move-in ready home offers character, efficiency, and peace of mind. A perfect fit for first-time buyers, downsizers, or anyone seeking a beautifully updated home with a large yard. Schedule your showing today!
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Cooling Window Unit(s) WallWindow Unit(s)
Possession Close Of Escrow
Roof Metal
Appliances Dishwasher Microwave Oven Range Refrigerator
Zoning Residential
Patio/Porch Features Covered Deck Porch
Architectural Style One Story
Year Built 1940
Stories Count 1
Township Washington
Levels One
Property Subtype Residential
County Washington
New Construction false
Property Type Residential
HOA false
Garage Y/N false
Other Structures Shed(s)
Total Rooms 6
Full Baths 1
Status Active
Directions From S Main St in Salem turn onto Arthur St go about 3 blocks house is on the right.
City Salem
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 20908.8
Listing Terms Cash Conventional FHA
Tax Annual Amount 1400
Property Condition Resale
Standard Status Active
Property Sub Type Additional Residential
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InteriorInterior Amenities Ceiling Fan(s) Eat-in Kitchen Main Level Primary Mud Room Utility Room Window Treatments
Basement Crawl Space
Fireplace Features None
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Above Grade Finished Area 837
Half Baths 0
Laundry Features Main Level Laundry Room
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 1
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ExteriorExterior Amenities Deck Fence Landscaping Porch
Fencing Yard Fenced
Parking Features Barn
Water Source Connected Public
Lot Size Area 0.48
Foundation Details Crawlspace
Building Area Total 837
Lot Size Acres 0.48
Road Surface Type Paved
Other Parking On Street
Lot Size Source Assessor
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* Excluded FeaturesList ByKelsey DawsonListing Agent
Dawson Real Estate, LlcBroker
kelseydawsonrealestate@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $979
- Monthly Property Taxes
- $117
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Salem, IN
Average List Price $265,963
Percent of Sale Price 72%
About Salem, IN 6,081 Population
-1% Since 2002
$ 37,209 Median Income
39.2 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/24/2026 | $155,000 | | Listed Price |