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Sold for $72,670
  • $72,670

    404 E Mulberry Street, Salem, IN 47167

    3beds
    2,040sqft
    Single Family Residence
    Built in 1940
    0.31 Acres Lot
    $74,500 Zestimate®
    $36/sqft
    $1,369 Estimated rent

    Home value

    $74,500

    Estimated sales range

    Not available

    $1,369/mo

    Zestimate® history
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    What's special

    SELLERS HAVE INVESTED OVER $70,000 - CUSTOM WINDOWS, NEW ROOF, NEW SIDING, AND TANKLESS HOT WATER HEATER. If you have vision and a bit of imagination, this home might just be your next great adventure! Bursting with potential, this 3-4 bedroom, 2,000+ sq ft home offers plenty of space and character, just waiting for the right buyer to bring it to life with their finishing touches. The main level features a large 18x27 living room with a woodburning fireplace. The bathroom includes a soaker tub and a tiled shower that needs to be completed. Upstairs, you will find 2-3 bedrooms (two without closets) and a large open space that could serve as a fourth bedroom or flex area. Plumbing is already in place for a potential half bath upstairs. Outside, a detached structure offers rental income potential with a small bathroom and kitchenette, though it also needs TLC. There is a well at the back of the property, a chicken coop and trampoline that will remain, and a storm shelter behind the home that could be functional again with some excavation. Any remaining remodeling supplies will also stay. Located across the street from Elizabeth Street Park, right down from the Monon South Trail, and minutes from Walmart and CVS, this home is being sold as-is and is ready for someone to make it their own. Sq ft & rm sz approx.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cathy Jackson,

    Schuler Bauer Real Estate Services ERA Powered (N

    Bought with:

    Brittany Adkins, RB22002362

    RE/MAX FIRST

    Source: SIRA,MLS#: 2025012249MLS LogoOriginating MLS: Southern Indiana REALTORS Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
    • Laundry: Main Level, Laundry Room
    Features
    • Bathroom Rough-In, Ceiling Fan(s), Eat-in Kitchen, Garden Tub/Roman Tub, Main Level Primary
    • Basement: Sump Pump
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,040
    • Total interior livable area: 2,040 sqft
    • Finished area above ground: 2,040
    • Finished area below ground: 0

    Property

    Features
    • Levels: One and One Half
    • Stories: 1.5
    Lot
    • Size: 0.31 Acres
    • Features: Corner Lot
    Details
    • Parcel number: 882417442045000022
    • Zoning: Residential
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: One and One Half Story
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Block, Cellar
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Not Connected, Public
    • Utilities for property: Water Available

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $36/sqft
    • Tax assessed value: $72,800
    • Annual tax amount: $1,154
    • Date on market: 10/30/2025
    • Cumulative days on market: 165 days
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/9/2026Sold$72,670-8%$36/sqft
    Source: SIRA #2025012249 Report a problem
    10/30/2025Price change$79,000-1.3%$39/sqft
    Source: SIRA #2025012249 Report a problem
    9/29/2025Price change$80,000-11.1%$39/sqft
    Source: SIRA #202509827 Report a problem
    9/10/2025Price change$90,000-5.3%$44/sqft
    Source: SIRA #202509827 Report a problem
    8/21/2025Price change$95,000-20.8%$47/sqft
    Source: SIRA #202509827 Report a problem
    8/13/2025Price change$119,900-1.3%$59/sqft
    Source: SIRA #202509827 Report a problem
    7/28/2025Listed for sale$121,500+430.9%$60/sqft
    Source: SIRA #202509827 Report a problem
    12/9/2020Sold$22,885-69.5%$11/sqft
    Source: Public Record Report a problem
    4/19/2020Listed for sale$75,000+61.5%$37/sqft
    Source: Owner Report a problem
    9/11/2012Listing removed$46,450$23/sqft
    Source: Owner Report a problem
    7/13/2012Listed for sale$46,450+65.9%$23/sqft
    Source: Owner Report a problem
    5/27/2012Listing removed$28,000$14/sqft
    Source: Mainstreet REALTORS #201201821 Report a problem
    5/22/2012Price change$28,000-14.9%$14/sqft
    Source: Homepath #201201821 Report a problem
    5/8/2012Listed for sale$32,900+1.5%$16/sqft
    Source: Homepath #201201821 Report a problem
    3/29/2012Sold$32,400-10.1%$16/sqft
    Source: Public Record Report a problem
    3/16/2012Price change$36,050+3604900%$18/sqft
    Source: Homepath #201201821 Report a problem
    3/14/2012Listed for sale--
    Source: Homepath #201201821 Report a problem
    2/21/2012Sold$1
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,154 +7.3%$72,800 +26.2%
    2024$1,075 +10%$57,700 +8.3%
    2023$977 +7.6%$53,300 +10.1%
    2022$908 +4.1%$48,400 +7.6%
    2021$872 -8.3%$45,000 +4.2%
    2020$951 +4.5%$43,200 -4.8%
    2019$910 -5.2%$45,400 +5.1%
    2018$960 +4.3%$43,200 -5.1%
    2017$920 +13.7%$45,500 +4.8%
    2016$809 +5.9%$43,400 +15.7%
    2014$764 -0.4%$37,500 -0.5%
    2013$767 +30.9%$37,700 +31.8%
    2012$586 +106.5%$28,600 -28%
    2011$284 -21.9%$39,700 -10.6%
    2010$363 -18%$44,400 -5.5%
    2009$443 +30.7%$47,000 +3.8%
    2007$339 -24.9%$45,300 +0.7%
    2006$451 $45,000
    Find assessor info on the county website

    Neighborhood: 47167

    Nearby schools

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