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Salem 47167
405 S High Street
$225,000
House - For Sale

405 S High Street

Salem, IN 47167
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1166 Sqft
$1,191
Estimated Monthly
$0
HOA / Fees
7.01%
Cap Rate

About This Property

This CHARMING 2 bed, 2 bath home in the Heart of Salem has been updated and renovated from top to bottom.  New Open concept floor plan! All new Electric, Plumbing, even the Drywall is new! Original Hardwood floors were restored and refinished, new Lifeproof vinyl everywhere else except for New Carpet in 2nd bedroom. Kitchen features, stainless steel appliances all new cabinets and beautiful quartz counter tops which were also used in the bathrooms. Tiled Master shower has a rain shower head from the ceiling. Windows are thermopane and All doors are new. New Concrete patio and step out back. New dimensional shingles on the roof. All new insulation in walls and Hardie siding.  The list goes on and on.  Very nice Garage with a concrete floor 21x24 ft.

The manager has listed the unit size as 1166 square feet.
Unit Size
1,166Ft²
Days on Market
51 days
Land Size
0.76 acres
Price per sqft
$193
Property Type
House
Property Taxes
$86
HOA Dues
-
Year Built
1928
Listed By
Chad Motsinger
Lopp Real Estate Brokers
Last updated: 2 months ago (SIREAIN #202406349)

Price History

Date / Event Date Event Price
Mar 7, 2024 Listed by Lopp-Dietrich Real Estate $225,000
Listed by Lopp-Dietrich Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1940
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 292
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,013
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,166
  • Building Area: 1,166
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,166
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 13-20-221-002.000-22 PT NW 20-2-4 .36AC PT SW 20-2-4 .04 AC

Ownership

  • Current Owner : MOTSINGER MICHAEL R
  • Current Owner 2: MOTSINGER PATTI S
  • Previous Owner : K & E LAND LLC
  • Owner Before Previous Owner: DUNN MARK A
  • Owner Before Previous Owner 2: PNC MORTGAGE A DIVISION OF PNC
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 12, 2024

Neighborhood

  • School District Name: Salem Community Schools
  • Census Tract: 967500

Geography

  • Assessors Map Reference: MP 221.000
  • Account Number: 0220167720
  • District: 0013
  • Parcel: 88-24-20-221-002.000-022
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 38.6022
  • Longitude: -86.0996

    Address

  • Full Address: 405 S High St
  • Address - House Number: 405
  • Street Direction: S
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: IN
  • City Name: Salem
  • Carrier Code: C002
  • 4-Digit Zip Code: 1311
  • Zip Code: 47167

Valuation

    Tax

  • Total Area: 1,458
  • Tax Year: 2022
  • Tax Amount: $934
  • Tax Rate Code Area: 22:SALEM C

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 56
  • Final Value: 107,392
  • High Value: 139,849
  • Low Value: 74,936

    Market Valuation

  • Market Total Value: $51,500
  • Market Land Value: $10,500
  • Market Improvement Value: $41,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,500
  • Assessed Land Value: $10,500
  • Assessed Improvements Value: $41,000

    Sales

  • Current Sale Contract Date: Dec 29, 2017
  • Current Sale Recording Date: Jan 03, 2018
  • Current Sale Transaction ID: 11361128934
  • Current Sale Price: $25,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180043
  • Previous Sale Recording Date: Jul 01, 2010
  • Previous Sale Contract Date: Jun 30, 2010
  • Previous Sale Document Type: Sheriff's Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,520 ft²
$138/ft²
$209,900 Mar 12, 2024
-
$115/mo
House
3 Beds
2 Baths
2,712 ft²
$100/ft²
$269,900 Oct 30, 2023
-
$114/mo
Commercial
Loft
-
-
$229,900 Sep 13, 2023
-
$459/mo
Commercial
Loft
-
10,246 ft²
$19/ft²
$199,000 Aug 3, 2023
-
$116/mo

About Salem


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Nearby Rentals



Frequently Asked Questions

When was property at 405 South High Street built and last sold?
The property at 405 South High Street was built in 1928 and last sold on Dec 29, 2017 for $25,000.
How much is this home worth?
The estimated value of the home located at 405 South High Street is $226,306.
What are some comparable homes to 405 South High Street?
Homes that are comparable to 405 South High Street include a house property at 905 West Walnut Street, 505 West Market Street, 1101 South Main Street.

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