Cheap homes for sale & real estate in 47167, IN

50 homes

Sort:

Recommended

ABOUT THIS HOME
Cheap Home for sale in 47167, IN:
Charmer located in quiet McCol Place in historic Salem, IN! This ranch style home offers 2 bedrooms & 1 full bath. LOTS of renovations in 2023. Those renovations include ROOF, HVAC, Water Heater, some windows, electrical, flooring, gutters, downspouts & exterior doors! All appliances to remain with washer/dryer being brand new! Property also offers a carport & storage area. This home offers efficiency & peace of mind with those recent renovations! Make an appointment today!

$139,900

2 beds1 bath720 sq ft

603 N Michael St, Salem, IN 47167

Roof • Hvac • Renovations in 2023

ABOUT THIS HOME
Cheap Home for sale in 47167, IN:
GREAT LOCATION, quiet neighborhood close to town. This 3 BR, 1-1/2 BA Bedford stone home w/ 2 car garage sits on a large 0.52 acre lot. Solid home, needing TLC. Paved driveway, NEW WINDOWS, roof in great shape! Large patio can accommodate your outside entertainment. Walking distance to public park, schools, and downtown Salem Square. Property selling as-is; seller will make no repairs. This is a short sale. Any offer to have closing date as 55 days out. Highest and best offers as of 11-28-2025 being reviewed by lender.

$92,000

3 beds1.5 baths1,370 sq ft

205 S Harrison St, Salem, IN 47167

Great location • Large lot • Paved driveway

ABOUT THIS HOME
Cheap Home for sale in 47167, IN:
THIS HOME IS CLOSE TO SALEM & PEKIN with a COUNTRY SIDE VIEW! WHY RENT when you can OWN! OVER 1,600 TFLS! RECENTLY UPDATED/NEW KITCHEN & BATH! RANGE/OVEN, CLOTHES WASHER & CLOTHES DRYER to STAY. WINDOW BLINDS and WINDOW Treatments to STAY. Utility/Mud Rm 13 X 13, with extra room for Pantry storage. Seller is selling property AS IS. Seller is in the process of SURVEY being completed for this property, and a section of the property will not be included in the sale of this property. The acreage amount currently is only approximate until survey completed. Buyer will need to verify property taxes with the county, once survey is completed. , if important. The Survey will show

$169,500

2 beds1 bath1,603 sq ft

4358 S State Road 60, Salem, IN 47167

Country side view • New bath • New kitchen

ABOUT THIS HOME
Cheap Home for sale in 47167, IN:
This homestead is ideal for anyone wanting to live the off-grid lifestyle. Built in 2019 it measures 1,200 sq ft. , featuring one large, oversized bedroom, a sizable living room, and a kitchen. Attached is a 600 sq. ft. garage, providing room for expansion-a perfect candidate for modernization. County water is ran the home, and power is available at the end of the driveway. Inside the garage area, a storage room is already framed, which would be perfect for a bathroom, and it would also be an ideal spot to bring in a septic line. Large access in the garage to the trusses and framing would make it easier to drop electric wires down to install power in the home. This area is also well-insulat

$224,900

1 bed1 bath1,200 sq ft

9781 E New Philadelphia Rd, Salem, IN 47167

600 sq ft garage • Well insulated • Storage room framed

ABOUT THIS HOME
Cheap Home for sale in 47167, IN:
Welcome to 101 Alpine St, located in the peaceful Eastview Terrace subdivision of Salem, IN. This charming ranch-style home features 3 bedrooms, 2 baths, and a full basement with a finished game room. The home offers approximately 1,410 sq ft of living space plus an attached 2-car garage on a 0.31-acre lot. Recent updates include a newer furnace and central air system, a dry basement with sump pump, and a roof replaced around 2012. The kitchen and flooring are in good condition with room for your personal updates. Enjoy the bright interior, hardwood floors, and a lovely sunroom addition overlooking the backyard deck — perfect for relaxing or entertaining. Conveniently located near loc

$199,900

3 beds2 baths2,115 sq ft

101 Alpine St, Salem, IN 47167

Newer furnace • Sump pump • Full basement

Property at 6430 E Old 56, Salem, IN 47167, 7 beds

$299,900

7 beds— baths2,464 sq ft

6430 E Old 56, Salem, IN 47167

Property at 804 E Smith St, Salem, IN 47167, 3 beds, 1 bath

$169,900

3 beds1 bath1,248 sq ft

804 E Smith St, Salem, IN 47167

Property at 102 Hungate St, Salem, IN 47167, 3 beds, 2 baths

$199,900

3 beds2 baths1,920 sq ft

102 Hungate St, Salem, IN 47167

Property at 115 Lincoln Ave, Salem, IN 47167, 3 beds, 1 bath

$199,000

3 beds1 bath960 sq ft

115 Lincoln Ave, Salem, IN 47167

Property at 410 E Mulberry St, Salem, IN 47167, 1 bed, 1 bath

$39,950

1 bed1 bath1,169 sq ft

410 E Mulberry St, Salem, IN 47167

Property at 115 N Hungate Ave, Salem, IN 47167, 4 beds, 1.5 baths

$212,500

4 beds1.5 baths1,425 sq ft

115 N Hungate Ave, Salem, IN 47167

Property at 1204 Old State Road 60 E, Salem, IN 47167, 1 bed, 1.5 baths

$269,900

1 bed1.5 baths816 sq ft

1204 Old State Road 60 E, Salem, IN 47167

Property at 1771 N Rush Creek Rd, Salem, IN 47167, 3 beds, 1.5 baths

$199,900

3 beds1.5 baths1,764 sq ft

1771 N Rush Creek Rd, Salem, IN 47167

Property at 404 E Mulberry St, Salem, IN 47167, 3 beds, 1 bath

$79,000

3 beds1 bath2,040 sq ft

404 E Mulberry St, Salem, IN 47167

Property at 526 Pilgrim Way, Salem, IN 47167, 3 beds, 1 bath

$179,900

3 beds1 bath1,092 sq ft

526 Pilgrim Way, Salem, IN 47167

Property at 218 Washington Blvd, Salem, IN 47167, 2 beds, 1 bath

$149,900

2 beds1 bath1,155 sq ft

218 Washington Blvd, Salem, IN 47167

Property at 128 Walnut Rdg, Salem, IN 47167, 3 beds, 1.5 baths

$165,000

3 beds1.5 baths1,746 sq ft

128 Walnut Rdg, Salem, IN 47167

Property at 7783 S Organ Springs Rd, Salem, IN 47167, 4 beds, 2 baths

$264,900

4 beds2 baths1,680 sq ft

7783 S Organ Springs Rd, Salem, IN 47167

Property at 3634 W State Road 60, Salem, IN 47167, 4 beds, 2 baths

$219,900

4 beds2 baths1,860 sq ft

3634 W State Road 60, Salem, IN 47167

Property at 130 E Eastern Hills Blvd, Salem, IN 47167, 3 beds, 3.5 baths

$370,000

3 beds3.5 baths3,060 sq ft

130 E Eastern Hills Blvd, Salem, IN 47167

Property at 113 Maruth Dr, Salem, IN 47167, 3 beds, 3 baths

$249,900

3 beds3 baths2,888 sq ft

113 Maruth Dr, Salem, IN 47167

Property at 2980 E Banet Rd, Salem, IN 47167, 2 beds, 1 bath

$130,000

2 beds1 bath1,124 sq ft

2980 E Banet Rd, Salem, IN 47167

Property at 2041 W Walnut Ridge Rd, Salem, IN 47167, 3 beds, 2.5 baths

$410,000

3 beds2.5 baths2,400 sq ft

2041 W Walnut Ridge Rd, Salem, IN 47167

Property at 107 S Mcclellan Way, Salem, IN 47167, 3 beds, 2 baths

$259,900

3 beds2 baths1,188 sq ft

107 S Mcclellan Way, Salem, IN 47167

Property at 409 N Water St, Salem, IN 47167, 3 beds, 1.5 baths

$160,000

3 beds1.5 baths1,520 sq ft

409 N Water St, Salem, IN 47167

Property at 4313 E Canton Rd, Salem, IN 47167, 3 beds, 1 bath

$169,900

3 beds1 bath4,026 sq ft

4313 E Canton Rd, Salem, IN 47167

Property at 207 Southern Ave, Salem, IN 47167, 3 beds, 1 bath

$160,000

3 beds1 bath936 sq ft

207 Southern Ave, Salem, IN 47167

Property at 8091 E New Philadelphia Rd, Salem, IN 47167, 3 beds, 2 baths

$229,900

3 beds2 baths1,512 sq ft

8091 E New Philadelphia Rd, Salem, IN 47167

Property at 815 Old State Road 60 E, Salem, IN 47167, 3 beds, 2 baths

$195,000

3 beds2 baths1,560 sq ft

815 Old State Road 60 E, Salem, IN 47167

Property at 118 S Hunter Trce, Salem, IN 47167, 3 beds, 2 baths

$348,500

3 beds2 baths1,557 sq ft

118 S Hunter Trce, Salem, IN 47167

Property at 412 Ridgeview Dr, Salem, IN 47167, 3 beds, 1.5 baths

$145,000

3 beds1.5 baths1,648 sq ft

412 Ridgeview Dr, Salem, IN 47167

Property at 2476 N Old 56, Salem, IN 47167, 4 beds, 2 baths

$235,000

4 beds2 baths1,180 sq ft

2476 N Old 56, Salem, IN 47167

Property at 808 Locust St, Salem, IN 47167, 3 beds, 2 baths

$219,000

3 beds2 baths1,184 sq ft

808 Locust St, Salem, IN 47167

Property at 4592 E State Road 160, Salem, IN 47167, 4 beds, 3 baths

$209,900

4 beds3 baths1,792 sq ft

4592 E State Road 160, Salem, IN 47167

Property at 104 Hounds Way, Salem, IN 47167, 3 beds, 2 baths

$267,900

3 beds2 baths1,600 sq ft

104 Hounds Way, Salem, IN 47167

Property at 801 N College Ave, Salem, IN 47167, 3 beds, 1 bath

$145,000

3 beds1 bath1,079 sq ft

801 N College Ave, Salem, IN 47167

Property at 501 E Homer St, Salem, IN 47167, 3 beds, 1 bath

$179,900

3 beds1 bath1,430 sq ft

501 E Homer St, Salem, IN 47167

Property at 301 E Market St, Salem, IN 47167, 2 beds, 2 baths

$274,900

2 beds2 baths1,640 sq ft

301 E Market St, Salem, IN 47167

Property at 905 N Locust St, Salem, IN 47167, 3 beds, 1 bath

$105,000

3 beds1 bath796 sq ft

905 N Locust St, Salem, IN 47167

Property at 3305 E Randy Ln, Salem, IN 47167, 5 beds, 2 baths

$339,000

5 beds2 baths1,978 sq ft

3305 E Randy Ln, Salem, IN 47167

Property at 4630 E Farabee Rd, Salem, IN 47167

$105,000

— beds— baths— sq ft

4630 E Farabee Rd, Salem, IN 47167

Viewing page 1 of 2

Based on information submitted to the MLS GRID as of Sun Nov 30 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Cheap Homes for Sale in 47167

There are currently 50 cheap homes for sale in 47167 at a median listing price of $209K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 47167 stay on the market for 72 days and receive 1 offers. This map is refreshed with the newest listings in 47167 every 15 minutes.

In the past month, 11 homes have been sold in 47167. Find your dream home in 47167 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 47167 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 47167. If you're looking to sell your home in the 47167 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 47167 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for 47167, IN

Nearby Zip Codes

Cities

Nearby Zip Codes with Cheap Homes

Nearby Cities with Cheap Homes

More to explore in 47167, IN

How to buy a house in 47167, IN

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Indiana

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.