$1,750,000

100 Walnut Tree Dr Salem, IN 47167

Estimated payment $10,369/month

Total Views 1,093
31 Beds
23 Baths
41,190 Sq Ft
$42 Price per Sq Ft

Highlights

  • Deck
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

Looking for the opportunity to have rental income? This is your chance with 8 buildings, 21 units and they are all leased. Great location just off of SR 60. Some of the apartments have P-TEK units that are both heat and air, others have forced air units with central air. Call to schedule your showing today, please allow enough time for the tenants to be notified.

Listing Agent

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 07/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,442

Year Built

  • Built in 1975

Lot Details

  • 2.1 Acre Lot
  • Property is zoned Multi Family

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 41,190 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 31 Bedrooms
  • Primary Bedroom on Main
  • 23 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0221050118

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,442

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Improvements: 501500
  • Additional Parking: Off Street
  • Annual Tax: 8442
  • Appointment: 24 Hour Notice
  • Construction: Existing, Frame On-Site
  • Land Assessment: 105200
  • Legal Description: 13-18-224-004.001-22 PT NW 18-2-4 2.10AC
  • Parcel Number: 0221050118
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 606700
  • Total Finished Square Footage: 41190
  • Type: 1 Story, 2 Story
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Partial
  • Above Grade Finished Sq Ft: 41190.00
  • Appliances: Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 23
  • Total Bathrooms: 23.00
  • Total Bedrooms: 31
  • Interior Amenities: 1st Floor Master
  • Lot Sq Ft: 91476.00
  • Sewer Type: Sewer
  • Total Sq Ft: 41190

Exterior Features

  • Exterior Features: Covered Patio, Deck, Patio, Paved Driveway

Garage/Parking

  • Garage Type: Attached, Basement
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 2.1000
  • Zoning: Multi Family

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,442 $422,100 $105,200 $316,900
2023 $12,227 $606,700 $105,200 $501,500
2022 $12,338 $612,200 $105,200 $507,000
2021 $12,121 $601,700 $105,200 $496,500
2020 $12,993 $645,300 $105,200 $540,100
2019 $12,993 $645,300 $105,200 $540,100
2018 $13,331 $639,300 $105,200 $534,100
2017 $12,348 $613,200 $105,200 $508,000
2016 $14,003 $696,000 $105,200 $590,800
2014 $13,445 $668,000 $105,200 $562,800
2013 $13,596 $679,800 $105,000 $574,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $1,750,000 -- $42 / Sq Ft
Source: Southern Indiana REALTORS® Association

Purchase History

Date Type Sale Price Title Company
Deed $700,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $624,000 Commercial
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 202509918

Southern Indiana REALTORS® Association

APN: 88-24-18-224-004.001-022