$224,999

4877 S Martinsburg Rd Salem, IN 47167

Estimated payment $1,368/month

Total Views 1,424
3 Beds
1 Bath
1,679 Sq Ft
$134 Price per Sq Ft

Highlights

  • Very Popular Property
  • Wood Burning Stove
  • Wooded Lot
  • Barn
  • Secluded Lot
  • Park or Greenbelt View

About This Home

Welcome to 4877 S. Martinsburg Road. Come check out this unique cabin nestled on 5.55 wooded acres in Salem. This is secluded living at its’ finest. This 3 bedroom home, built from logs reclaimed from an 1830s log home, is surrounded by mature trees and really lets you enjoy nature and the abundant wildlife in peace and tranquility. Walking up to this home, you are greeted by a lovely covered front porch. Heading inside brings you into the eat-in kitchen. The kitchen offers plenty of cabinet and counter space, hardwood flooring, and a large see-through opening to the great room. The huge great room is highlighted by a wood burning stove with surrounding stone hearth. The staircase at the back of the great room leads up to the primary bedroom. You will love how bright and airy this bedroom is thanks to the vaulted ceiling, ample natural light, and openings to the great room below. The staircase off the back of the kitchen leads up to the other two bedrooms, which are both good sized and have large closets. Rounding out the main level are a separate laundry room and a full bath. This property comes with several out buildings including a 26’ x 32’ detached garage with attached 12’ x 23’ carport, 7’ x 24’ storage shed, 14’ x 20’ storage barn, and triangular deer stand. This home is conveniently located about 7 miles from downtown Salem and approximately 30 miles from Louisville. Don’t miss this one and schedule a showing today! This property is being sold “as-is.”

Last Listed By

Jack May

May Team REALTORS® License #RB14034745 Listed on: 05/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 1986

Lot Details

  • 5.55 Acre Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Carport
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Frame Construction
  • Wood Siding
  • Wood Trim

Interior Spaces

  • 1,679 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Family Room
  • First Floor Utility Room
  • Park or Greenbelt Views

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Unfinished Basement

  • Exterior Basement Entry
  • Basement Cellar

Outdoor Features

  • Covered patio or porch
  • Shed

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Wood
  • Gas Available
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 0090049011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,295

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Improvements: 112800
  • Additional Parking: Off Street
  • Annual Tax: 1295
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 38200
  • Legal Description: 18-11-300-015.000-09 EH SW 11-1-4 5.55AC TRACT #8
  • Numof Fireplaces: 1
  • Out Buildings: Garage, Barn(s), Shed, Other
  • Parcel Number: 0090049011
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 151000
  • Total Deduction Amnt: 80760
  • Total Finished Square Footage: 1679
  • Type: 2 Story
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Basement Type: Cellar, Outside Entrance, Unfinished
  • Above Grade Finished Sq Ft: 1679.00
  • Appliances: Garage Door Opener, Microwave, Range / Oven
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Fireplace: Wood Stove
  • Interior Amenities: 1st Floor Utility, Ceiling Fan(s), Eat-In Kitchen, Family Room, Natural Wood Trim, Split Bedrooms, Wood Stove
  • Lot Sq Ft: 241758.00
  • Room Count: 7
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1679
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Wood

Garage/Parking

  • Garage Type: Carport, Detached, Front Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air, Window A/C Unit(s)
  • Fuel Type: Electric, Gas, Wood
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 5.5500
  • Lot Description: Park-Like View, Secluded Lot, Wooded Lot
  • Zoning: Residential

Map

Range of Values:

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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 $1,405 $163,300 $38,200 $125,100
2023 $1,295 $151,000 $38,200 $112,800
2022 $1,453 $149,100 $38,200 $110,900
2021 $1,423 $142,900 $38,200 $104,700
2020 $1,341 $136,600 $38,200 $98,400
2019 $1,242 $135,800 $38,200 $97,600
2018 $1,325 $145,600 $38,200 $107,400
2017 $1,139 $145,700 $38,300 $107,400
2016 $922 $134,300 $38,300 $96,000
2014 $697 $120,800 $28,100 $92,700
2013 $788 $124,900 $38,300 $86,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2025 05/24/25 For Sale $224,999 +40.6% $134 / Sq Ft
11/09/2018 11/09/18 Sold $160,000 -8.5% $93 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $174,900 -- $101 / Sq Ft
Source: Southern Indiana REALTORS® Association

Purchase History

Date Type Sale Price Title Company
Deed $160,000 --
Warranty Deed $160,000 Agency Title Inc
Deed -- --
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $156,757 FHA
Closed $157,102 FHA
Previous Owner $61,000 New Conventional
Source: Public Records

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Source: Southern Indiana REALTORS® Association

MLS Number: 202508264

Southern Indiana REALTORS® Association

APN: 88-14-11-000-015.000-013