PENDING
$45K PRICE DROP
Estimated payment $1,096/month
Total Views
7,383
3
Beds
1
Bath
1,679
Sq Ft
$107
Price per Sq Ft
Highlights
- Barn or Stable
- 1 Fireplace
- 2 Car Detached Garage
- Traditional Architecture
- No HOA
- Porch
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."
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,405
Year Built
- Built in 1986
Parking
- 2 Car Detached Garage
- 1 Carport Space
- Driveway
Home Design
- Traditional Architecture
- Poured Concrete
- Metal Roof
Interior Spaces
- 1,679 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating and Cooling System
- Septic Tank
Additional Features
- Porch
- Barn or Stable
Community Details
- No Home Owners Association
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | Pending | -- | -- | -- |
| 08/04/2025 08/04/25 | Price Changed | $179,999 | -5.3% | $107 / Sq Ft |
| 07/28/2025 07/28/25 | Price Changed | $189,999 | -5.0% | $113 / Sq Ft |
| 07/18/2025 07/18/25 | For Sale | $199,999 | 0.0% | $119 / Sq Ft |
| 07/03/2025 07/03/25 | Pending | -- | -- | -- |
| 06/05/2025 06/05/25 | Price Changed | $199,999 | -11.1% | $119 / Sq Ft |
| 05/25/2025 05/25/25 | 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: Metro Search (Greater Louisville Association of REALTORS®)
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
Similar Homes in Salem, IN
Source: Metro Search (Greater Louisville Association of REALTORS®)
MLS Number: 1687841
APN: 88-14-11-000-015.000-013
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Copyright 2025 Metro Search, Inc.
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