Welcome to this two-bedroom, one-bathroom home, conveniently situated in the heart of town. With 1,030 sq. ft. of living space, this property is ideally located just minutes away from the hospital, a variety of restaurants, shopping centers, and medical offices. This versatile property has a proven track record as a successful rental, making it an excellent investment opportunity or a perfect choice for those looking to take advantage of a rehab loan. Whether you're a savvy investor or a first-time homebuyer, this home offers the potential to create your dream space in a thriving community.
Sold for $55,000
$55,000
403 W Mulberry Street, Salem, IN 47167
2beds
1,030sqft
Single Family Residence
Built in 1940
6,534 Square Feet Lot
$122,200 Zestimate®
$53/sqft
$1,094 Estimated rent
Home value
$122,200
$99,000 - $145,000
$1,094/mo
Zestimate® history
Owner options
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$1,094/mo
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$1,094/mo
Rent Zestimate®
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$262/mo
Est. payment
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$262/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Melanie Wells,
HOOSIER REALTY
Bought with:
Amanda N Cole, RB14042297
Keller Williams Realty Consultants
Source: SIRA,MLS#: 2024010460
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Description: Flooring: Carpet
- Level: First
- Dimensions: 13.10 x 15.05
Bedroom
- Description: Flooring: Carpet
- Level: First
- Dimensions: 14.08 x 15.06
Other
- Description: Flooring: Tile
- Level: First
- Dimensions: 5.02 x 10.02
Kitchen
- Description: Flooring: Laminate
- Level: First
- Dimensions: 12.04 x 13.02
Living room
- Description: Flooring: Carpet
- Level: First
- Dimensions: 13.05 x 15.05
Other
- Description: Flooring: Tile
- Level: First
- Dimensions: 5.02 x 7.04
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Oven, Range
- Laundry: Main Level, Other
Features
- Ceiling Fan(s), Eat-in Kitchen, Main Level Primary, Utility Room
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,030
- Total interior livable area: 1,030 sqft
- Finished area above ground: 1,030
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch
- Exterior features: Porch
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 0220017917
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Frame
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $53/sqft
- Tax assessed value: $53,600
- Annual tax amount: $856
- Date on market: 8/29/2024
- Cumulative days on market: 21 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2024 | Sold | $55,000-21.3%$53/sqft |
Source:  SIRA #2024010460 Report a problem | ||
| 9/6/2024 | Pending sale | $69,900$68/sqft |
Source: SIRA #2024010460 Report a problem | ||
| 8/30/2024 | Listed for sale | $69,900$68/sqft |
Source: SIRA #2024010460 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $932 +8.9% | $53,600 +15% |
| 2024 | $856 +11.5% | $46,600 +8.9% |
| 2023 | $768 +8.2% | $42,800 +11.5% |
| 2022 | $710 +4.7% | $38,400 +8.2% |
| 2021 | $678 +3.4% | $35,500 +4.7% |
| 2020 | $656 +7.5% | $33,900 +3.4% |
| 2019 | $610 -5.6% | $32,800 +7.5% |
| 2018 | $646 +6.6% | $30,500 -5.6% |
| 2017 | $606 +2.4% | $32,300 +6.6% |
| 2016 | $592 -0.7% | $30,300 +1.7% |
| 2014 | $596 +2.1% | $29,800 +2.1% |
| 2013 | $584 +12.7% | $29,200 +12.7% |
| 2012 | $518 +144.6% | $25,900 -19.8% |
| 2011 | $212 -11.3% | $32,300 +0.3% |
| 2010 | $239 +50.4% | $32,200 +33.6% |
| 2009 | $159 +22.6% | $24,100 +3.4% |
| 2007 | $129 -84.4% | $23,300 -73.7% |
| 2006 | $832 | $88,600 |
Find assessor info on the county website
Neighborhood: 47167
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Nearby schools
GreatSchools rating
- 7/10Bradie M Shrum Lower ElementaryGrades: PK-5Distance: 0.6 mi
- 7/10Salem Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Salem High SchoolGrades: 9-12Distance: 0.3 mi
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$122,200
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- Indiana
- Washington County
- Salem
- 47167
- 403 W Mulberry Street
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