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$98,900

  • Sold
  • Closed
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 655 Sq. Ft.
  • 2 Car Garage
See This Home
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See This Home
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Charming, move-in ready cottage on two parcels! Don't let the size fool you-this thoughtfully designed 2-bedroom, 1-bath home makes the most of every square foot while offering the perfect blend of comfort, character, and modern updates. Step inside to find a bright, freshly painted interior with beautiful new flooring throughout. The functional eat-in kitchen provides a cozy space for everyday meals, while the full unfinished basement offers abundant storage or room to expand in the future. Outside, you'll appreciate the spacious yard spanning two parcels, offering plenty of room for pets, gardening, entertaining, or simply enjoying the outdoors. The yard is partially fenced and features a charming pergola-covered patio-the perfect spot for morning coffee, relaxing evenings, or gathering with family and friends. A detached two-car garage provides excellent parking, storage, or workshop space. With new siding, new flooring, fresh paint, and nothing left to do but move in, this adorable cottage is ready for its next owner to make it home. Whether you're a first-time buyer, looking to downsize, or searching for an investment opportunity, you'll love the warmth, charm, and value this sweet property has to offer. Some listing photos have been virtually staged to illustrate the home's potential and inspire decorating ideas.

Full Property Details for 506 E Elm St

General

  • Sold For: $98,900
  • Taxes: $582 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12690112
  • Added to Site: 113 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Baths: Yes

Bedrooms

  • Total Bedrooms: 2

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 7
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: Salem
  • County: Marion
  • Driving Directions: Directions: Start at 1027 W Main Street. Head east on W Main Street toward downtown. Turn left (north) onto N Broadway Avenue. Continue north for about 0.3 miles. Turn right (east) onto E Elm Street. Continue to 506 E Elm Street, which will be on your left.

School Information

  • School District: 111
  • Midd School District: 111
  • Elementary School: Hawthorn School
  • Middle School: Franklin Park Middle School
  • High School: Salem Community High School
  • Private School: Salem Community High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Water: Public

Structural Information

  • Architectural Style: Bungalow
  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Unfinished, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Square Feet: 655
  • Sq. Ft. Source: Other
  • Year Built: 1938
  • Built Before 1978: Yes
  • Remodeled/Updated: 2026

Additional Structures

  • Other Structures: Gazebo

Lot Features

  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 112 x 112
  • Lot Features: Corner Lot

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1938
  • Tax Amount: $582.42
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 1100010135

Listed by Midwest Farm & Land
Sold by Equity Realty Group

Listing agent

— 506 E Elm St —

  • Midwest Farm & Land

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 506 E Elm St

School Districts:Salem School District 111, Salem Community High School District 600
NameGradesDistance
Franklin Park Middle School
1325 Bobcat Cir, Salem, IL 62881
4-81.2 mi
Hawthorn Elementary School
1300 Bobcat Cir, Salem, IL 62881
K-31.3 mi
Salem Community High School
1200 North Broadway, Salem, IL 62881
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 506 E Elm St

Date
Details
Price
Change
Source
9/11/2026
Sold
$98,900
4.21%
MLS
6/27/2026
Listed
$94,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Midwest Farm & Land
Sold by Equity Realty Group

Recent Sales near 506 E Elm St

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501 N Shelby Ave, Salem, IL 62881 - Photo 1 Sold
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501 N Shelby Ave  Salem, IL 62881

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142 Fielder Dr, Salem, IL 62881 - Photo 1 Sold
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142 Fielder Dr  Salem, IL 62881

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506 E Elm Street, Salem, IL 62881 (MLS# 12690112) is a Single Family property that was sold at $98,900 on September 11, 2026. Want to learn more about 506 E Elm Street? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.