$199,999

406 W Mulberry St Salem, IN 47167

Estimated payment $1,117/month

Total Views 1,783
3 Beds
1.5 Baths
1,796 Sq Ft
$111 Price per Sq Ft

Highlights

  • Hot Property
  • Forced Air Heating and Cooling System
  • 2-minute walk to Rielys Park
  • 2 Car Detached Garage

About This Home

Step inside through the original front door and be greeted by a warm, inviting foyer with access to the staircase from both the foyer and dining area. The spacious living room connects to a formal dining room featuring elegant parquet floors and a classic pocket door that adds both charm and privacy. This home offers three generous bedrooms, two full bathrooms, and huge closets throughout — plenty of room for comfortable living. You’ll also find beautiful molding, adding character to every space. Enjoy relaxing evenings on the charming front porch, perfect for sitting on a swing and watching the world go by. Outside, you’ll find a two-car detached garage plus an additional outbuilding, offering endless possibilities for storage, a workshop, or hobby space.

Don’t miss this chance to own a piece of history that blends character, comfort, and convenience in one perfect package!

Listing Agent

Mike Ashby

License #RB22000417 Listed on: 10/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $812

Year Built

  • Built in 1940

Lot Details

  • 0.36 Acre Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 1,796 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

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

$812

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 812
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Legal Description: DEPAUW PT LOT 197
  • Parcel Number: 0220055717
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1796
  • Type: 2 Story
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 1796.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Lot Sq Ft: 15681.60
  • Sewer Type: Sewer
  • Total Sq Ft: 1796

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 0.3600

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 List to Sale Price per Sq Ft Prior Sale
10/24/2025 10/24/25 For Sale $199,999 +60.1% $111 / Sq Ft
11/05/2021 11/05/21 Sold $124,900 0.0% $70 / Sq Ft View Prior Sale
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

About the Listing Agent

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Source: Southern Indiana REALTORS® Association

MLS Number: 2025012118

Southern Indiana REALTORS® Association

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