See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

4342 Indigo St NE, Salem, OR, 97305

4beds
3baths
1,764sqft
$419,000
$238price/sqft
$2,968/moest. monthly cost
$118,720/yrincome needed

About This Home

Welcome to 4342 Indigo St, a charming 1966 ranch home nestled in a quiet and desirable Salem neighborhood. Offered at $419,000, this single-level layout features 4 bedrooms, 2.5 bathrooms, and 1,764 square feet of highly accessible living space with minimal steps. Inside, you will find a cozy living room anchored by a classic wood-burning fireplace, a fully equipped kitchen, and double-pane vinyl windows throughout.

Getting Around

24
WalkingCar-Dependent
43
TransitSome Transit
52
BikeBikeable

Schools

2/10
2/10
Stephens Middle SchoolGrades 6-80.9 mi
2/10
McKay High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1966

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Water Heater

Bedrooms & Bathrooms

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

Features

  • Flooring: Carpet,Laminate
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating

  • Heating features: Heat Pump

Interior Area

  • Total structure area: 1,764
  • Total interior livable area: 1,764 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 551503
  • Exclusions: washer & dryer and TV Brackets. Poss pool table

Features

  • Levels: One
  • Stories: 1
  • Fencing: Fenced

Lot

  • Lot size: 8,276 sqft

Parking

  • Total spaces: 2
  • Parking features: 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

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Marion County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

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 $2,118$25,416
Home Insurance *$102$1,224
Property Taxes $572$6,864
Electricity $176$2,119
Total$2,968$35,616
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$101,760/yr
40% on housing$89,040/yr
45% on housing$79,146/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

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: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$238This listing

vs Other Active Listings

Avg $/sqft

ZIP 97305$200
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97305$273
Marion County$278

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)

No zestimate history available

Price History

DateEventPrice
2026-08-14Pending sale$419,000
2026-06-12Listed for sale$419,000
2009-09-30Sold$206,000
2009-02-22Price change$217,500
2008-09-29Listed for sale$227,500

For Sale by Agent

AgentSETH PRICKETT
BrokerageMore Realty

Similar Homes