NOT LISTED FOR SALE

503 W Mulberry St Salem, IN 47167

Estimated Value: $107,000 - $152,796

3 Beds
1 Bath
1,040 Sq Ft
$128/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $104,900 $101 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $788/month

27 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • 1 Car Detached Garage
  • Enclosed Patio or Porch
  • Fenced Yard
  • 4-minute walk to Rielys Park

About This Home

As of April 2023

WELCOME HOME! This 3 bed/ 1 LARGE bath is ready for its new owners! This home is equipped with a full eat in kitchen, a formal dining room, family room, mud room, full unfinished basement, full covered wooden patio, and a fenced in yard! Located in the heart of Salem, IN, it is located in perfect distance to schools, parks, the square, shopping and restaurants! Schedule your showing today before its gone!

Last Agent to Sell the Property

Pamela Meadows

RE/MAX FIRST License #RB22000330 Listed on: 02/15/2023

RE/MAX FIRST

Last Buyer's Agent

Brian Helsel

Brixton Realty License #RB15000751

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $917

Year Built

  • Built in 1920

Lot Details

  • 0.27 Acre Lot
  • Fenced Yard

Parking

  • 1 Car Detached Garage
  • Carport
  • Front Facing Garage
  • Rear-Facing Garage
  • Off-Street Parking

Home Design

  • Wood Trim

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Family Room
  • Formal Dining Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882417332024000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$917

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 917
  • Appointment: Mandatory
  • Construction: Existing
  • Legal Description: 13-17-332-024.000-22 DEP. PT LOT 203
  • Out Buildings: Garage
  • Parcel Number: 882417332024000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1040
  • Type: 1 Story
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Unfinished
  • Above Grade Finished Sq Ft: 1040.00
  • Appliances: Range / Oven
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: Blinds, Eat-In Kitchen, Family Room, Formal Dining Rm, Natural Wood Trim, Sump Pump, Utility/Mud Room
  • Lot Sq Ft: 11761.20
  • Sewer Type: Sewer
  • Total Sq Ft: 1040

Exterior Features

  • Exterior Features: Covered Porch, Deck, Enclosed Patio, Enclosed Porch, Fenced Yard, Porch, Public Sidewalk

Garage/Parking

  • Garage Type: Carport, Detached, Front Entry, Rear Entry
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 0.2700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Apr 24, 2023
Sold by
Jeanne Barbara Irene
Bought by
Miller Jerry Allen
Seller's Agent
Pamela Meadows
RE/MAX FIRST
Buyer's Agent
Brian Helsel
Brixton Realty
List Price
$110,000
Sold Price
$104,900
Premium/Discount to List
-$5,100
-4.64%
Views
212
Current Estimated Value
$133,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,549
Avg. Annual Appreciation
10.11%
Original Mortgage
$109,090
Outstanding Balance
$105,870
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$27,579

Purchase Details

Closed on
Oct 27, 2011
Sold by
Huffines Thomas and Huffines Barbara
Bought by
Huffines Barbara
Source: Public Records

Range of Values:

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Average Value
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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
Miller Jerry Allen -- Quality Title
Huffines Barbara -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Jerry Allen $109,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2023 04/24/23 Sold $104,900 0.0% $101 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/13/2023 03/13/23 Price Changed $104,900 -4.6% $101 / Sq Ft
02/15/2023 02/15/23 For Sale $110,000 -- $106 / 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 $989 $98,900 $14,100 $84,800
2023 $917 $91,700 $14,100 $77,600
2022 $182 $83,200 $14,100 $69,100
2021 $0 $76,200 $14,100 $62,100
2020 $0 $73,200 $14,100 $59,100
2019 $0 $71,100 $14,100 $57,000
2018 $0 $66,500 $14,100 $52,400
2017 $0 $69,800 $14,100 $55,700
2016 -- $65,700 $14,100 $51,600
2014 -- $63,900 $12,700 $51,200
2013 -- $63,500 $14,100 $49,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202305903

Southern Indiana REALTORS® Association

APN: 88-24-17-332-024.000-022