NOT LISTED FOR SALE

703 W Mulberry St Salem, IN 47167

Estimated Value: $169,000 - $209,707

3 Beds
2 Baths
1,800 Sq Ft
$104/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $175,000 $97 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,146/month

2 Days on Market

Highlights

  • Second Kitchen
  • 0.89 Acre Lot
  • Enclosed patio or porch
  • City Lights View
  • 3 Car Detached Garage
  • Built-in Bookshelves

About This Home

As of May 2023

CHARMING Home in the HEART of Salem. This home offers 3 bedrooms and 2 baths and sits on a MASSIVE LOT in town. Plenty of backyard space for entertaining, and it provides an oversized, 30X30 detached garage. The house is near the schools, YMCA, town square, shopping, and hospital. EXCELLENT INVESTMENT OPPORTUNITY: The home could be used as TWO Separate Living Units as there are 2 water heaters, 2 furnaces, 2 A/C units, and 2 electric meters.

Last Agent to Sell the Property

Hannah Gibson

Brixton Realty License #RB17000560 Listed on: 03/25/2023

Last Buyer's Agent

Sherri Banet

Schuler Bauer Real Estate Services ERA Powered (N License #RB14038991

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1920

Lot Details

  • 0.89 Acre Lot
  • Garden

Parking

  • 3 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Stone Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Blinds
  • Family Room
  • City Lights Views

Kitchen

  • Second Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Basement Cellar

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0220035318

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,192

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Improvements: 91100
  • Additional Parking: Off Street
  • Annual Tax: 1192
  • Appointment: 24 Hour Notice
  • Construction: Existing
  • Foundation: Rock
  • Land Assessment: 18200
  • Legal Description: 13-18-441-022.000-22 PT SE 18-2-4 .89AC
  • Out Buildings: Garage
  • Parcel Number: 0220035318
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 109300
  • Total Deduction Amnt: 70505
  • Total Finished Square Footage: 1800
  • Type: 2 Story
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar, Partial
  • Above Grade Finished Sq Ft: 1800.00
  • Appliances: Dishwasher, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: Blinds, Built-In Bookcase, Ceiling Fan(s), Family Room, Second Kitchen
  • Lot Sq Ft: 38768.40
  • Room Count: 10
  • Sewer Type: Sewer
  • Total Sq Ft: 1800
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Enclosed Porch, Paved Driveway, Public Sidewalk

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.8900
  • Lot Description: City Lights View, Garden Area
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2023
Closed on
May 11, 2023
Sold by
Maynard Mindy Nicole
Bought by
Tedrow Aaron
Seller's Agent
Hannah Gibson
Brixton Realty
Buyer's Agent
Sherri Banet
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%
Views
16
Current Estimated Value
$187,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,177
Avg. Annual Appreciation
1.86%
Original Mortgage
$175,000
Outstanding Balance
$168,983
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$13,392

Purchase Details

Closed on
Apr 14, 2017
Sold by
Campbell Rentals Llc
Bought by
Nichole Maynard Mindy
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
Tedrow Aaron $85,000 None Listed On Document
Maynard Mindy Nicole $85,000 None Listed On Document
Nichole Maynard Mindy $85,000 --
Maynard Mindy Nicole $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tedrow Aaron $175,000
Closed Maynard Mindy Nicole $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $175,000 +0.1% $97 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/25/2023 03/25/23 For Sale $174,900 -- $97 / 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 $1,343 $143,300 $18,200 $125,100
2023 $1,030 $132,100 $18,200 $113,900
2022 $1,192 $119,200 $18,200 $101,000
2021 $1,093 $109,300 $18,200 $91,100
2020 $1,046 $104,600 $18,200 $86,400
2019 $1,012 $101,200 $18,200 $83,000
2018 $941 $94,100 $18,200 $75,900
2017 $997 $99,700 $18,200 $81,500
2016 $1,876 $93,800 $18,200 $75,600
2014 $1,784 $89,200 $15,500 $73,700
2013 $1,762 $88,100 $18,200 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202306625

Southern Indiana REALTORS® Association

APN: 88-24-18-441-022.000-022