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For sale
  • $155,000

    409 N Water Street, Salem, IN 47167

    3beds
    1,520sqft
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    Single Family Residence
    Built in 1900
    8,712 Square Feet Lot
    $-- Zestimate®
    $102/sqft
    $-- HOA

    What's special

    Lovely yardEnclosed porchAntique fixturesQuaint patioPocket doorsOrnate fireplace and mantleEat-in kitchen
    SUCH HISTORIC CHARM...with a history documented from 1815, this former school house features gorgeous woodwork, pocket doors, cast iron heat radiators, antique fixtures and ornate fireplace and mantle. This home has been updated although the historic charm remains as you enter with living and family rooms, eat-in kitchen, 3 bedrooms and 1 1/2 baths, enclosed porch and 2nd floor sunroom. The wooded lot provides plenty of shade to enjoy the quaint patio, lovely yard and also has a 1-car detached garage. Schedule an appointment today to view this amazing home nestled on a quiet street near the historic Salem Square.
    102 days
    |
    482
    |
    37
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    LINDA WARD TEMPLE,

    eXp - Picket Fence Properties

    Source: SIRA,MLS#: 202607329MLS LogoOriginating MLS: Southern Indiana REALTORS Association

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Bedroom
      • Description: attached sunporch and walk-in closet,Flooring: Carpet
      • Level: Second
      • Dimensions: 11.5 x 15.75
      Bedroom
      • Description: Flooring: Carpet
      • Level: Second
      • Dimensions: 11.5 x 15.25
      Dining room
      • Description: Flooring: Wood
      • Level: First
      • Dimensions: 11 x 16.5
      Family room
      • Description: Does have closet, so could be used as bedroom,Flooring: Wood
      • Level: First
      • Dimensions: 11 x 16.25
      Other
      • Description: Flooring: Carpet
      • Level: Second
      • Dimensions: 4.25 x 7.5
      Half bath
      • Description: with Laundry area,Flooring: Vinyl
      • Level: First
      • Dimensions: 4.75 x 6.75
      Kitchen
      • Description: Eat-in kitchen,Flooring: Vinyl
      • Level: First
      • Dimensions: 11 x 15.25
      Living room
      • Description: Flooring: Carpet
      • Level: First
      • Dimensions: 11.25 x 20
      Other
      • Description: Enclosed porch,Flooring: Vinyl
      • Level: First
      • Dimensions: 7 x 13.75
      Other
      • Description: Sunroom,Flooring: Wood
      • Level: Second
      • Dimensions: 8.25 x 17.25
      Heating
      • Hot Water, Radiant
      Cooling
      • Window Unit(s), WallWindow Unit(s)
      Appliances
      • Included: Disposal
      • Laundry: Main Level, Other
      Features
      • Ceiling Fan(s), Eat-in Kitchen, Window Treatments
      • Windows: Blinds
      • Basement: Partial
      • Has fireplace: No
      Interior area
      • Total structure area: 1,520
      • Total interior livable area: 1,520 sqft
      • Finished area above ground: 1,520
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached, Garage Faces Front, Garage
      • Garage spaces: 1
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Patio & porch: Covered, Enclosed, Patio, Porch
      • Exterior features: Porch, Patio
      Lot
      • Size: 8,712 Square Feet
      • Features: Wooded
      Details
      • Additional structures: Garage(s)
      • Parcel number: 882417331026000022
      • Zoning: Residential
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: One and One Half Story
      • Property subtype: Single Family Residence
      Materials
      • Brick, Frame
      • Foundation: Stone, Cellar
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Connected, Public

      Community & HOA

      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $102/sqft
      • Tax assessed value: $93,400
      • Annual tax amount: $1,868
      • Date on market: 4/10/2026
      • Cumulative days on market: 651 days
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,452/mo

        Price history

        DateEventPrice
        4/20/2026Price change$155,000-3.1%$102/sqft
        Source: SIRA #202607329 Report a problem
        4/11/2026Listed for sale$160,000$105/sqft
        Source: SIRA #202607329 Report a problem
        4/10/2026Listing removed$160,000$105/sqft
        Source: eXp Realty #2025011730 Report a problem
        10/10/2025Listed for sale$160,000$105/sqft
        Source: SIRA #2025011730 Report a problem
        10/1/2025Listing removed$160,000$105/sqft
        Source: SIRA #202506886 Report a problem
        8/30/2025Price change$160,000-3%$105/sqft
        Source: SIRA #202506886 Report a problem
        6/6/2025Price change$165,000-2.9%$109/sqft
        Source: SIRA #202506886 Report a problem
        3/30/2025Listed for sale$169,900$112/sqft
        Source: SIRA #202506886 Report a problem
        3/17/2025Listing removed$169,900$112/sqft
        Source: SIRA #2024010930 Report a problem
        11/8/2024Price change$169,900-2.9%$112/sqft
        Source: SIRA #2024010930 Report a problem
        9/16/2024Listed for sale$175,000$115/sqft
        Source: SIRA #2024010930 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,616 +9.2%$93,400 +15.6%
        2024$1,480 +11.8%$80,800 +9.2%
        2023$1,324 +8.5%$74,000 +11.8%
        2022$1,220 +5%$66,200 +8.5%
        2021$1,162 +3.6%$61,000 +5%
        2020$1,122 +7.9%$58,100 +3.6%
        2019$1,040 -2.1%$56,100 +7.9%
        2018$1,062 +6.8%$52,000 -2.1%
        2017$994 $53,100 +6.8%
        2016$994 -0.4%$49,700 -0.4%
        2014$998 +2%$49,900 +2%
        2013$978 -0.8%$48,900 -0.8%
        2012$986 -11.6%$49,300 -23.9%
        2011$1,116 -5.1%$64,800 +10.2%
        2010$1,176 +9.5%$58,800 +9.5%
        2009$1,074 -27.3%$53,700 +1.3%
        2007$1,478 +13.9%$53,000 +3.3%
        2006$1,298 $51,300
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 47167

        Getting around

        63 / 100
        Somewhat Walkable
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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