$220,000
$15K PRICE DROP

406 W Mulberry St Salem, IN 47167

Estimated payment $1,234/month

Total Views 6,501
3 Beds
1.5 Baths
1,796 Sq Ft
$122 Price per Sq Ft

Highlights

  • Wood Burning Stove
  • 4 Car Detached Garage
  • Shed
  • Covered Patio or Porch
  • Walk-In Closet
  • 2-minute walk to Rielys Park

About This Home

Charming, Character-Filled Home in the Heart of Salem!
Looking for a home that actually stands out? This 1.5 story beauty in the heart of Salem is brimming with charm — from original wood trim to metal, tile ceilings and eye-catching parquet floors. It’s the kind of place that makes you say, “Wait, did you see that one with the walk-in closets and historic vibes?” Yep, that’s this one.
Conveniently located near schools, parks, and shopping, this gem features a main-level bedroom/office for flexible living and upstairs bedrooms that feel like a private retreat.
Unfinished basement = storage galore
Detached garage + shed = hobby haven or workshop space
Seen it? Loved it? Now come see it in person!
Call today before someone else falls in love with this unforgettable find!

Listing Agent

Ashley Bullington

Debby Broughton Realty License #RB14039013 Listed on: 08/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $814

Year Built

  • Built in 1940

Lot Details

  • 0.36 Acre Lot
  • Garden

Parking

  • 4 Car Detached Garage
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 1,796 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Utility Room
  • Oven or Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0220055717

Home Details

Home Type

Single Family

Est. Annual Taxes

$814

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Improvements: 60400
  • Additional Parking: Off Street
  • Annual Tax: 814
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 15800
  • Legal Description: DEPAUW PT LOT 197
  • Out Buildings: Garage, Shed
  • Parcel Number: 0220055717
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 76200
  • Total Deduction Amnt: 67120
  • Total Finished Square Footage: 1796
  • Type: 1.5 Story
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1796.00
  • Appliances: Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Wood Stove
  • Interior Amenities: Ceiling Fan(s), Natural Wood Trim, Utility/Mud Room, Walk-In Closet(s)
  • Lot Sq Ft: 15681.60
  • Room Count: 8
  • Sewer Type: Sewer
  • Total Sq Ft: 1796
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Covered Porch, Porch
  • Road Frontage: Yes

Garage/Parking

  • Garage Type: Detached, Front Entry, Off Street
  • Garage Spaces: 4
  • 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: 0.3600
  • Lot Description: Garden Area
  • Zoning: Residential

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 $813 $81,500 $15,800 $65,700
2023 $741 $76,200 $15,800 $60,400
2022 $612 $70,200 $15,800 $54,400
2021 $569 $64,700 $15,800 $48,900
2020 $523 $62,400 $15,800 $46,600
2019 $494 $60,700 $15,800 $44,900
2018 $470 $57,200 $15,800 $41,400
2017 $405 $60,000 $15,800 $44,200
2016 $324 $57,200 $15,800 $41,400
2014 $284 $55,300 $13,000 $42,300
2013 $265 $55,300 $15,800 $39,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Price Changed $220,000 -6.4% $122 / Sq Ft
08/11/2025 08/11/25 For Sale $235,000 +88.2% $131 / Sq Ft
11/05/2021 11/05/21 Sold $124,900 0.0% $70 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/24/2021 09/24/21 Price Changed $124,900 -7.4% $70 / Sq Ft
09/07/2021 09/07/21 For Sale $134,900 -- $75 / Sq Ft
Source: Southern Indiana REALTORS® Association

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $118,655 New Conventional
Source: Public Records

Source: Southern Indiana REALTORS® Association

MLS Number: 2025010084

Southern Indiana REALTORS® Association

APN: 88-24-17-332-040.000-022