1771 N Peacock Hollow Rd, Salem, IN, 47167
About This Home
Here’s a classic Amish style country homestead in Salem, Indiana on 21.3± acres with that mix of woods, pasture, and farm life folks drive the backroads hoping to find. Built in 2020, the home offers about 2,656 sq. ft. total with roughly 1,856 sq. ft. finished, giving you plenty of room for a big family, gatherings, and whatever projects you’ve been dreaming about. The land lays out nice with heavily wooded areas for a little hunting and shade, plus open pastures ready for horses, cows, or 4 H projects. There’s a good barn for livestock, hay, or equipment, and a full unfinished basement would be just plumb handy for storage, canned goods, or finished out later if you want more space. City water is already on site, which is a big plus out in the country. If you’ve been dreaming about a newer country home where you can live closer to the land, and step out the door to your own woods and pastures instead of a subdivision street, this 21.3± acre place near Salem is worth coming to walk in person.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2020
Materials
- Construction materials: Shingle Siding,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Crawl Space,Partial,Unfinished
Bedroom1
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Features
- Finished area below ground: 0
- Finished area above ground: 1,856
Heating & Cooling
- Heating features: Wood
- Cooling features: None
Interior Area
- Total structure area: 3,448
- Total interior livable area: 1,856 sqft
Property
Details
- Parcel number: 882512000004.003004
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 21.30 Acres
- Features: Few Trees,Rolling Slope
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 | $1,693 | $20,316 |
| Home Insurance * | $290 | $3,480 |
| Property Taxes | $516 | $6,192 |
| Electricity | $184 | $2,212 |
| Total | $2,683 | $32,196 |
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 |
|---|---|---|
| 2026-07-20 | Price change | $335,000 |
| 2026-05-26 | Listed for sale | $350,000 |
View on Zillow