407 North Main Street

Salem, IN 47167

$189,900
Price
—
Beds
3,149 Sq. Ft.
$60 / Sq. Ft.
3,149
Sq. Ft.
$60
per Sq. Ft.

Description

What a great LOCATION! Fantastic business opportunity! Great commercial building or residential home with CHARACTER on the HISTORIC North Main Street. This is the former James L. Tucker house with lots of history, original HARDWOOD FLOORS, NATURAL WOODWORK THROUGHOUT, The house on the property is currently being utilized as a successful Airbnb. Also, in the rear there is a carriage house, now converted into 2 efficiency rental apartments for additional income. Updated wiring a few years ago, Boiler...What a great LOCATION! Fantastic business opportunity! Great commercial building or residential home with CHARACTER on the HISTORIC North Main Street. This is the former James L. Tucker house with lots of history, original HARDWOOD FLOORS, NATURAL WOODWORK THROUGHOUT, The house on the property is currently being utilized as a successful Airbnb. Also, in the rear there is a carriage house, now converted into 2 efficiency rental apartments for additional income. Updated wiring a few years ago, Boiler in cellar is 17 yrs. old, tankless water heater, replacement windows throughout downstairs (except sunroom). 8 parking spaces in the rear and street parking out front. This property is cross listed MLS # 2024011897.
  1. Listed by Mary McCoskey Finkle • Mainstreet REALTORS • 812-883-9555

Property Details for 407 North Main Street

Parking Total
8.0
LISTING UPDATED: 11/05/2024 11:29 AM

Property Details for 407 North Main Street

StatusActive
MLS #2024011907
Days on Market20
Taxes$2,771 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1940
Lot Size0.20 AC / 8,712 SF
CountyWashington County

Building Information for 407 North Main Street

Stories-Residences2Year Built1940Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 407 North Main Street

Summary
Location and General Information
  • Directions: Go North through the stoplight on 135/56, property is 3rd house on the right.
  • State Or Province: IN
  • Township: Washington
  • Postal Code: 47167
  • Postal Code Plus: 2017
  • City: Salem
  • County Or Parish: Washington
  • MLS Area Major: Downtown
Taxes and HOA Information
  • Tax Annual Amount: $2,771.00
  • Tax Legal Description: O.P. N PT LOT 46
  • Parcel Number: 0220066017
Parking
  • Other Parking: Off Street
Property
Lot Information
  • Above Grade Finished Area Source: Assessor
  • Living Area: 0.0
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8712.0
  • Lot Size Units: Acres
  • Building Area Source: Assessor
  • Building Area Total: 3149.0
Property and Assessments
  • Current Use: MultiFamily, Residential
  • Property Condition: Resale
  • Year Built: 1940
  • New Construction: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Frame
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Unit 1
  • Actual Rent: $475.00
  • Area: $480.00
Unit 2
  • Actual Rent: $475.00
  • Area: $480.00
Agent
Confidential
  • Internet Entire Listing Display: Yes
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 407 North Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 407 North Main Street

Taxable ValueLand$12,100Additions$126,000Total$138,100
Tax Record2023$2,771 ($231 / month)
Home Facts
Beds3Baths2Total Finished SqFt2,189 SqFtAbove Grade Finished SqFt2,189 SqFtStories2Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1883Year Renovated1940CountyWASHINGTONAPN88-24-17-331-018.000-022Fireplace TypeHas Fireplace

Schools near 407 North Main Street

This home is within Salem Community Schools.
Rating
School
Type
Grades
Distance
Bradie M Shrum Lower Elementary
Public - PK to 5
Salem Middle School
Public - 6 to 8
Salem High School
Public - 9 to 12
Living Waters Academy
Private - PK to 12
Rating
School
Distance
Bradie M Shrum Lower Elementary
PublicPK to 5

Salem Middle School
Public6 to 8

Salem High School
Public9 to 12

Living Waters Academy
PrivatePK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 407 North Main Street, Salem, IN 47167

407 North Main Street is a multi-family home for sale in Salem, IN 47167. This property was listed for sale on November 4, 2024 by Mainstreet REALTORS, it's currently listed at $189,900. It has been on the market for a total of 20 days and was last sold on September 22, 2020. This listing's school district is Salem Community Schools. Nearby schools include Bradie M Shrum Lower Elementary, Salem Middle School and Salem High School. 407 North Main Street is a 0-bed, 0-bath, 3,149 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mainstreet REALTORS

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.