NOT LISTED FOR SALE

404 E Mulberry St Salem, IN 47167

Salem Area

Estimated Value: $70,000 - $166,528

3 Beds
1 Bath
2,040 Sq Ft
$47/Sq Ft Est. Value

Sale Details

Date Sold: January 9, 2026

Last sale price $72,670 $36 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $587 / mo

42 Days on Market

Highlights

  • Eat-In Kitchen
  • Central Air
  • Wood Burning Fireplace
  • Laundry Room
  • Ceiling Fan

About This Home

As of January 2026

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.

Last Agent to Sell the Property

Cathy Jackson

Schuler Bauer Real Estate Services ERA Powered (N Brokerage Phone: 812-948-2888 License #RB22000113 Listed on: 10/30/2025

Schuler Bauer Real Estate Services ERA Powered  (N

Last Buyer's Agent

Brittany Adkins

RE/MAX FIRST License #RB22002362

RE/MAX FIRST

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1940

Lot Details

  • 0.31

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,040 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Additional Features

  • 13,504 Sq Ft Lot
  • Central Air

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

0.31 Acres

Listing Details

  • New Construction: No
  • Parcel Number: 882417442045000022
  • Property Sub Type: Residential
  • Property Type: Residential
  • Year Built: 1940
  • LotSizeAcres: 0.31
  • Lot Size: see lot size
  • Road Surface Type: Paved
  • Co List Office Mls Id: 192
  • Directions: 65 N, to Henryville Exit, left on 160 W, right on Old IN-160, right on Elizabeth St., left on Mulberry
  • Above Grade Finished Sq Ft: 2040.0
  • Living Area: 2040.0
  • PropertySubTypeAdditional: Residential
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
  • Basement: No
  • Interior Amenities: Bathroom Rough-In, Ceiling Fan(s), Eat-in Kitchen, Garden Tub/Roman Tub, Main Level Primary
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Block, Cellar
  • Roof: Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Main Level, Laundry Room
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Not Connected, Public

Schools

  • Junior High Dist: Salem Comm.

Lot Info

  • Zoning: Residential
  • Lot Size Sq Ft: 13503.6
  • Land Lease Expiration Date: 2026-04-30
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1154.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2025
Closed on
Jan 9, 2026
Sold by
Bought by
Seller's Agent
Cathy Jackson
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Brittany Adkins
RE/MAX FIRST
List Price
$79,000
Sold Price
$72,670
Premium/Discount to List
-$6,330
-8.01%
Views
60
Current Estimated Value
$78,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,139
Avg. Annual Appreciation
56.56%

Purchase Details

Listed on
Oct 30, 2025
Closed on
Dec 31, 2025
Sold by
Bought by
Seller's Agent
Cathy Jackson
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Brittany Adkins
RE/MAX FIRST
List Price
$79,000
Sold Price
$72,670
Premium/Discount to List
-$6,330
-8.01%
Views
60

Purchase Details

Closed on
Jun 22, 2020
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 22, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 21, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Salem, IN

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
$33,950 First American Title
$22,885 None Available
-- None Available
-- None Available
$32,400 None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/09/2026 01/09/26 Sold $72,670 -8.0% $36 / Sq Ft
12/11/2025 12/11/25 Pending -- -- --
10/30/2025 10/30/25 For Sale $79,000 -- $39 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,850 $49,803 $2,688 $47,115
2024 $1,681 $39,103 $4,480 $34,623
2023 $1,555 $39,103 $4,480 $34,623
2022 $1,425 $39,103 $4,480 $34,623
2021 $1,296 $30,136 $4,360 $25,776
2020 $1,296 $30,136 $4,360 $25,776
2019 $1,296 $30,136 $4,360 $25,776
2018 $1,290 $30,136 $4,360 $25,776
2017 $1,177 $30,136 $4,360 $25,776
2016 $1,070 $25,285 $1,780 $23,505
2015 $720 $25,285 $1,780 $23,505
2014 $720 $25,285 $1,780 $23,505
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2025012249

Southern Indiana REALTORS® Association

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

Your Personal Tour Guide

Ask me questions while you tour the home.