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3417 College Street Rd, Salem, IL, 62881

4beds
3baths
2,248sqft
$349,000
$155price/sqft
$2,786/moest. monthly cost
$111,440/yrincome needed

About This Home

Motivated Seller! Ask for the recent Appraised Value! -Welcome to your own slice of country paradise! Nestled on approximately 1.5 acres in one of Salem's most desirable rural settings, this beautifully maintained 4-bedroom, 2.5-bath home offers the perfect blend of modern updates, functional living space, and peaceful surroundings. -Step inside to find a warm and inviting floor plan designed for everyday comfort. The spacious living areas provide plenty of room for family and entertaining, while the fully finished walk-out basement adds incredible versatility with its own kitchen, additional living space, bedroom, bonus room, and full bath—perfect for multi-generational living, overnight guests, a private home office, or the ultimate entertaining space. -Outside is where this property truly shines. Spend warm summer days relaxing by the new above-ground pool and expansive deck, all while enjoying the privacy and beauty of the large yard. Whether you're hosting family gatherings, watching the kids play, or simply taking in the peaceful country views, this outdoor space is designed to be enjoyed year-round. -The impressive 28' x 36' pole barn with a concrete floor offers endless possibilities for storing vehicles, boats, equipment, or creating the workshop you've always wanted. With ample room for hobbies and recreational storage, it's a feature that's sure to impress. Recent improvements provide peace of mind and outstanding curb appeal, including: New siding (2025) New roof (2019) New above-ground pool and deck Fresh professional landscaping -Conveniently located just minutes from Salem, this property offers the serenity of country living without sacrificing convenience. Combining generous living space, quality updates, exceptional outdoor amenities, and a beautiful setting, this move-in-ready home is the complete package. Whether you're searching for a forever home or a place to create lasting memories, this is one you won't want to miss.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

4/10
4/10

Construction

Condition

  • Year built: 1984

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Finished area below ground: 1,240
  • Finished area above ground: 1,240

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,248
  • Total interior livable area: 2,248 sqft

Property

Details

  • Parcel number: 1100026050
  • Special condition: Standard

Features

  • Levels: Two

Lot

  • Lot size: 1.43 Acres
  • Features: Back Yard

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Earthquake
Heat Wave
Tornado
Winter Weather
Drought
Hail
Inland Flooding
Lightning

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,764$21,168
Home Insurance *$403$4,836
Property Taxes $447$5,364
Electricity $172$2,074
Total$2,786$33,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,520/yr
40% on housing$83,580/yr
45% on housing$74,293/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$155This listing

vs Other Active Listings

Avg $/sqft

ZIP 62881$109
Marion County$93

vs Homes Sold Last Month

Median $/sqft

ZIP 62881$107
Marion County$74

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-14Price change$319,000
2026-08-06Price change$334,000
2026-07-27Listed for sale$349,000
2026-07-26Listing removed--
2026-06-26Price change$349,000
2026-06-11Listed for sale$354,000
2026-05-28Pending sale$354,000
2026-05-28Listed for sale$354,000
2018-04-02Sold$140,000

For Sale by Agent

AgentCaleb Lusch
BrokerageMidwest Farm & Land Co. LLC

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