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705 West Mulberry Street

705 West Mulberry Street, Salem, IN 47167
House in Washington
Sold Jun 23, 2023
$92,000
Sold Oct 25, 2019
$62,000
$49,600 by Land-home Financial Services
Mortgage Due Nov 01, 2049
Local assessors in Salem, IN have categorized 705 West Mulberry Street as a residential type of property. The home was built in 1926 and is 98 years old. It was most recently renovated and altered in 1940. The property's lot size has been calculated to be 23,087 square feet. The linear feet between the front and back of the lot was measured at 1,540 ft and the front of the lot was measured at 1,050 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 705 West Mulberry Street has a total of 2,204 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,102 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is poor. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 705 West Mulberry Street was last sold in Jun 21, 2023 for $92,000. According to our calculations, that's $41.74 per sqft. Prior to that sales transaction, the property was sold for $62,000 in Oct 21, 2019. Current property owners are expected to pay $891 in taxes per year. The property on 705 West Mulberry Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $89,200. To break that down further, the land itself was valued at $16,900. While improvements to the property were assessed at a total of $72,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • 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: Poor
  • Building Quality: C
  • Construction Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,102
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 23,087
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 2,204
  • Building Area: 2,204
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,204
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.53
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 13-18-441-021.000-22 PT SE 18-2-4 .53AC

Ownership

  • Current Owner : BACKPORCH INVESTMENTS LLC
  • Previous Owner : NATALE JOSEPH M
  • Owner Before Previous Owner: MAUDLIN ANITA
  • Owner Before Previous Owner 2: HOKE THERESIA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Assessors Map Reference: MP 441.000
  • Account Number: 0220085918
  • District: 0013
  • Section: 18
  • Parcel: 88-24-18-441-021.000-022
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 38.6084
  • Longitude: -86.109

    Address

  • Full Address: 705 W Mulberry St
  • Address - House Number: 705
  • Street Direction: W
  • Address - Street Name: Mulberry
  • Address - Suffix Type: St
  • State: IN
  • City Name: Salem
  • Carrier Code: C004
  • 4-Digit Zip Code: 1521
  • Zip Code: 47167

Valuation

    Tax

  • Total Area: 3,306
  • Tax Year: 2022
  • Tax Amount: $891
  • Tax Rate Code Area: 22:SALEM C

    Appraisal Valuation

  • Standard Deviation: 0.1873
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 235,897
  • High Value: 280,097
  • Low Value: 191,698

    Market Valuation

  • Market Total Value: $89,200
  • Market Land Value: $16,900
  • Market Improvement Value: $72,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,200
  • Assessed Land Value: $16,900
  • Assessed Improvements Value: $72,300

    Sales

  • Current Sale Contract Date: Jun 21, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Transaction ID: 11908569706
  • Current Sale Price: $92,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2075
  • Previous Sale Recording Date: Oct 25, 2019
  • Previous Sale Contract Date: Oct 21, 2019
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Personal Representatives Deed

    Previous Mortgages

  • Previous Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Oct 25, 2019
  • Previous Mortgage Loan Amount: $49,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2049

About Salem



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 705 West Mulberry Street located in?
The 705 West Mulberry Street is a house located in the neighborhood of Washington in Salem, Salem.
What is the average sales price for listings in 705 West Mulberry Street?
The average sales price for units in 705 West Mulberry Street is $0 currently.

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