NOT LISTED FOR SALE

501 W Mulberry St Salem, IN 47167

Estimated Value: $120,000 - $164,000

2 Beds
0.5 Bath
1,076 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $40,000 $37 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $978/month

1 Day on Market

Highlights

  • Deck
  • Corner Lot
  • 1-Story Property
  • 1 Fireplace
  • Covered Patio or Porch
  • 3-minute walk to Rielys Park

About This Home

As of January 2023

Handyman special with tons of potential and charm, only minutes from the town square! Stroll through historic Salem to shopping, dining & more! Home sold AS IS. Home is rough, but has good bones & can be a total charmer with some TLC. Large picture windows lets in a shower of natural light. Currently zoned residential but has been used as a commercial space in the past. All sq/ft, room sizes, lot sizes are approximate and not guaranteed - if important, buyer/buyer's agent to verify.

Last Agent to Sell the Property

Chris West

RE/MAX FIRST License #RB20000763 Listed on: 01/13/2023

RE/MAX FIRST

Co-Listed By

Kathleen Foster

Keller Williams Realty Consultants License #RB20000303

Last Buyer's Agent

Nathan Soliday

Streamline Real Estate, LLC License #RB14029073

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 72 x 144
  • Corner Lot
  • Property is zoned Commercial

Parking

  • Off-Street Parking

Home Design

  • Stone Foundation
  • Wood Trim
  • Vinyl Siding

Interior Spaces

  • 1,076 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 0.5 Bathroom

Basement

  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Deck
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 882417332023000022

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Improvements: 72900
  • Additional Parking: Off Street
  • Annual Tax: 1732
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Rock
  • Land Assessment: 13700
  • Legal Description: DEP. PT LOT 203
  • Lot Dimensions: 72 x 144
  • Numof Fireplaces: 1
  • Parcel Number: 882417332023000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 86600
  • Total Finished Square Footage: 1076
  • Type: 1 Story
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Basement Type: Cellar, Crawl Space
  • Above Grade Finished Sq Ft: 1076.00
  • Basement: Yes
  • Half Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace: Unknown
  • Interior Amenities: Natural Wood Trim, Pantry
  • Lot Sq Ft: 11325.60
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1076
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Deck, Vinyl Siding
  • Road Frontage: 72

Utilities

  • Cooling Type: Unknown
  • Fuel Type: Nat Gas
  • Heat Type: Unknown
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.2600
  • Lot Description: Corner Lot
  • Zoning: Commercial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Jan 25, 2023
Sold by
Leis Christopher S and Lesle Gilbert
Bought by
Streamline Properties Llc
Seller's Agent
Chris West
RE/MAX FIRST
Buyer's Agent
Nathan Soliday
Streamline Real Estate, LLC
List Price
$40,000
Sold Price
$40,000
Views
50
Current Estimated Value
$143,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,291
Avg. Annual Appreciation
66.89%
Original Mortgage
$95,200
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Streamline Properties Llc $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Streamline Properties Llc $57,015
Closed Streamline Properties Llc $95,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $40,000 0.0% $37 / Sq Ft
01/14/2023 01/14/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $40,000 -- $37 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

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 $2,358 $117,900 $13,700 $104,200
2023 $2,140 $107,000 $13,700 $93,300
2022 $1,894 $94,700 $13,700 $81,000
2021 $1,732 $86,600 $13,700 $72,900
2020 $1,688 $84,400 $13,700 $70,700
2019 $1,622 $81,100 $13,700 $67,400
2018 $1,488 $74,400 $13,700 $60,700
2017 $1,520 $76,000 $13,700 $62,300
2016 $1,408 $70,400 $13,700 $56,700
2014 $1,398 $69,900 $12,700 $57,200
2013 $1,384 $69,200 $13,700 $55,500
Source: Public Records

Agents Affiliated with this Home

  • Chris West

    Seller's Agent in 2023

    Chris West

    RE/MAX

    (502) 644-7653

    3 in this area

    119 Total Sales

    Chris West
    Section Image

  • K

    Seller Co-Listing Agent in 2023

    Kathleen Foster

    Keller Williams Realty Consultants

    Section Image

  • N

    Buyer's Agent in 2023

    Nathan Soliday

    Streamline Real Estate, LLC

    (812) 650-0708

    12 in this area

    85 Total Sales

    Nathan Soliday
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202305326

Southern Indiana REALTORS® Association

APN: 88-24-17-332-023.000-022

Indiana Washington County Salem 47167

501 W Mulberry St, Salem, IN

This home is located at 501 W Mulberry St, Salem, IN 47167 since 13 January 2023 and is currently estimated at $143,291, approximately $133 per square foot. This property was built in 1930. 501 W Mulberry St is a home located in Washington County with nearby schools including Bradie M. Shrum Lower Elementary School, Salem Middle School, and Salem High School.

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.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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