$79,000

404 E Mulberry St Salem, IN 47167

Estimated payment $511/month

Total Views 5,884
3 Beds
1 Bath
2,040 Sq Ft
$39 Price per Sq Ft

Highlights

  • Corner Lot
  • Garden Bath
  • Ceiling Fan
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace

About This Home

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.

Listing Agent

Cathy Jackson

Schuler Bauer Real Estate Services ERA Powered (N License #RB22000113 Listed on: 10/30/2025

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1940

Lot Details

  • 0.31 Acre Lot
  • Corner Lot

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,040 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Rough-In
  • 1 Full Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Basement Cellar

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882417442045000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,154

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Annual Tax: 1154
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Concrete Block
  • Legal Description: HAYS LOT 39
  • Lot Dimensions: see lot size
  • Numof Fireplaces: 1
  • Parcel Number: 882417442045000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 2040
  • Type: 1.5 Story
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 2040.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Main, Bath Rough-In, Ceiling Fan(s), Eat-In Kitchen, Garden Tub, Sump Pump
  • Lot Sq Ft: 13503.60
  • Sewer Type: Sewer
  • Total Sq Ft: 2040

Exterior Features

  • Exterior Features: Vinyl Siding

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water Type: Public Available

Lot Info

  • Acres: 0.3100
  • Lot Description: Corner Lot
  • Zoning: Residential

Map

Range of Values:

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Value Increase
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Average Value
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Sold Price
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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 $1,154 $57,700 $15,100 $42,600
2023 $1,075 $53,300 $15,100 $38,200
2022 $977 $48,400 $15,100 $33,300
2021 $908 $45,000 $15,100 $29,900
2020 $872 $43,200 $15,100 $28,100
2019 $951 $45,400 $15,100 $30,300
2018 $910 $43,200 $15,100 $28,100
2017 $960 $45,500 $15,100 $30,400
2016 $920 $43,400 $15,100 $28,300
2014 $764 $37,500 $12,800 $24,700
2013 $767 $37,700 $15,100 $22,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 For Sale $79,000 -- $39 / Sq Ft
Source: Southern Indiana REALTORS® Association

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $22,885 None Available
Special Warranty Deed -- None Available
Limited Warranty Deed -- None Available
Sheriffs Deed $32,400 None Available
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 2025012249

Southern Indiana REALTORS® Association

APN: 88-24-17-442-045.000-022