52 Public Square

Salem, IN 47167

$350,000
Price
4
Beds
3
Baths
3
1/2 Baths
11,556 Sq. Ft.
$30 / Sq. Ft.
11,556
Sq. Ft.
$30
per Sq. Ft.
APARTMENT
APARTMENT
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APARTMENT
MAIN LEVEL UNIT
MAIN LEVEL UNIT
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Description

RARE OPPORTUNITY TO OWN THIS MULTI-FAMILY INVESTMENT PROPERTY within historic downtown Salem. Combination of 5 rental units: 1 large commercial space ($1,700/mo), 1-two bedroom unit ($875/mo), 2-one bedroom units ($780/mo each), and an additional commercial unit ($500/mo)! Open your own business and have rental income that makes your payment.... add to your current portfolio....use this to start your own investment portfolio....live in one unit while running a business and still having income to...RARE OPPORTUNITY TO OWN THIS MULTI-FAMILY INVESTMENT PROPERTY within historic downtown Salem. Combination of 5 rental units: 1 large commercial space ($1,700/mo), 1-two bedroom unit ($875/mo), 2-one bedroom units ($780/mo each), and an additional commercial unit ($500/mo)! Open your own business and have rental income that makes your payment.... add to your current portfolio....use this to start your own investment portfolio....live in one unit while running a business and still having income to make your mortgage....so many possibilities that you can't go wrong. These units are nice and have been well-maintained. MAIN LEVEL BEING KEPT VACANT FOR YOUR NEW BUSINESS --- all other units RENTED. All city utilities.
  1. Listed by Lori J. Gilstrap • The Day Company REALTORS • 812-883-5112

Property Details for 52 Public Square

Architectural Style
TwoStory
Stories
2
Community Features
Sidewalks
Zoning
Central Business District
LISTING UPDATED: 12/20/2024 03:52 PM

Property Details for 52 Public Square

StatusActive
MLS #2024012896
Days on Market1
Taxes$3,079 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Residential
Year Built1940
Lot Size0.12 AC / 5,227 SF
CountyWashington County

Building Information for 52 Public Square

Stories2Year Built1940Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 52 Public Square

Summary
Location and General Information
  • Directions: Southwest corner of downtown square.
  • State Or Province: IN
  • Township: Washington
  • Postal Code: 47167
  • Postal Code Plus: 2062
  • City: Salem
  • County Or Parish: Washington
  • Zoning Description: Central Business District
Taxes and HOA Information
  • Tax Annual Amount: $3,079.00
  • Tax Legal Description: O.P. PT LOT 2
  • Parcel Number: 882417334028000022
Parking
  • Garage: No
  • Other Parking: On Street
Property
Lot Information
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 1260.0
  • Above Grade Finished Area: 10296.0
  • Living Area: 11556.0
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5227.2
  • Lot Size Units: Acres
  • Building Area Source: Assessor
  • Building Area Total: 11556.0
Property and Assessments
  • Property Condition: Resale
  • Year Built: 1940
  • New Construction: No
Utilities
  • Water Source: Connected, Public
  • Sewer: PublicSewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Structure Type: Quadruplex
  • Roof: Other
Interior Features
  • Basement: Yes
  • Basement: PartiallyFinished, Unfinished
  • Cooling: Yes
  • Cooling: WallUnits
  • Fireplace: No
  • Bathrooms Full: 3
  • Bathrooms Half: 3
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 4
  • Heating: Other
  • Levels: Two
  • Rooms Total: 0
  • Interior Features: Storage
Mobile Home
Mobile Home Information
  • Human Modified: Yes
Agent
Confidential
  • Internet Entire Listing Display: Yes

Property History for 52 Public Square

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 52 Public Square

Taxable ValueLand$48,300Additions$86,400Total$134,700
Tax Record2023$3,079 ($257 / month)
Home Facts
Total Finished SqFt11,556 SqFtAbove Grade Finished SqFt11,556 SqFtStories3Lot Size5,271 SqFtStyleMiscellaneous CommercialYear Built1915CountyWASHINGTONAPN88-24-17-334-028.000-022

Schools near 52 Public Square

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 52 Public Square, Salem, IN 47167

52 Public Square is a single family home for sale in Salem, IN 47167. This property was listed for sale on December 20, 2024 by The Day Company REALTORS, it's currently listed at $350,000. It has been on the market for a total of 1 days and was last sold on December 5, 2018. This listing's school district is Salem Community Schools. Nearby schools include Bradie M Shrum Lower Elementary, Salem Middle School and Salem High School. 52 Public Square is a 4-bed, 4.5-bath, 11,556 sqft single 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 The Day Company 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.