1789 N Peacock Hollow Road, Salem, IN, 47167
About This Home
Secluded +/-23-acre farm homestead offering privacy and country living just outside of Salem/Scottsburg. Beautiful new Amish-built home not completed to make your own. It features 5 bedrooms, a full basement, and a high-flow well. Hardwood flooring is currently being installed, adding warm, durable finishes throughout the main living areas. Outbuildings include a functional shop space and a traditional barn — perfect for equipment, hobby projects, or livestock. The acreage is versatile: primarily hay ground that can be maintained as is or converted to tillable acreage. A planted deer food plot and attractive hardwoods roll down the hillside, leading to a wooded corner that meets a nice running creek. A small pond adds water access and scenic appeal. This property blends modern construction and rural utility — ideal for a homesteading, quiet country acreage with strong agricultural potential.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Property condition: Resale,Under Construction
- Year built: 2025
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 5
Features
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 3,012
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 3,012
- Total interior livable area: 3,012 sqft
Property
Details
- Parcel number: 882512000004002004
Lot
- Lot size: 23.29 Acres
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
- Tornado
- Winter Weather
- Cold Wave
- Drought
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,769 | $21,228 |
| Home Insurance * | $303 | $3,636 |
| Property Taxes | $294 | $3,528 |
| Electricity | $276 | $3,313 |
| Total | $2,642 | $31,704 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-12 | Price change | $349,900 |
| 2026-02-19 | Listed for sale | $399,900 |
View on Zillow