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Sold on 01/08/2026

100 Walnut Tree Dr, Salem, IN 47167

$1,200,000

Last sold 01/08/2026 after 169 Days

  • 32

    bed

  • 23

    bath

  • 41,734

    Sqft

Multi-family not for sale
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About 100 Walnut Tree Dr

Property type Multi-family
Neighborhood
Year built 1975
HOA fee $0/month
Lot size 2.1 Acre
Movoto estimate
Parking 25 garage spaces
Property description
Looking for the opportunity to have rental income? This is your chance with 8 buildings, 21 units and they are all leased. Great location just off of SR 60. Call to schedule your showing today, please allow enough time for the tenants to be notified.
Listed by
Listing Agent - Mary McCoskey Finkle
Listing Agent Contact: Info@mainstreetrealtor.com
Listing Office - Mainstreet Realtors
Source: IRMLS mls logo
MLS#202528955 • last updated 7 months ago
Movoto checked IRMLS for data Just now
Overview
Cooling/AC Multiple Cooling Units
Heating Other Heating System
Levels/Style 2, Other
Status Sold
MLS # 202528955
Virtual Tour N/A
Type INVESTMENT
SubType Apartment Complex
SqFt (Total) 41734
SqFt (Finished) 41734
Lot Size (SqFt) 91476
L:ot Size (Acres) 2.1
Property Taxes 8442
Foreclosure (Y/N) No
Year Built 1975
Short Sale (Y/N) No
HOA Fees $ Not Applicable
Number of Units 21
Interior
Total # Bathrooms 23
# Full Baths 23
Total # Bedrooms 32
Flooring Carpet, Tile, Vinyl
Exterior
Exterior Block, Vinyl, Wood
Basement/ Foundation Partial Basement
Lot Dimensions Ireggular
Other Structure(s) None
Lot Desc 0-2.9999
Amenities / Utilities
Sewer City
Water City
Amenities Off Street Parking, Ceilings-Vaulted, Deck Open, Water Heater Electric, Washer Hook-Up
Location
Area Washington County
Subdivision None
High School Salem
Middle School Salem
Elementary School Bradie M Shrum
School District Salem Community Schools
APN 88-24-18-224-004.001-022
Waterfront Y/N No
Multifamily Details
Owner Pays Building Insurance, Tax
Expense: Miscellaneous 10000
Tenant Pays Electric
Annual Net Income 94838
Expense: Maintenance 15000
Gross Monthly Rent $ 13690
Annual Gross Rent $ 164280
$1.19M
Range: $1.07M-$1.3M
Last 30 days 
  • Mar 2026
    mls logo MLS # 202528955
  • Mar 19, 2026 Sold
    $1,200,000 (-20.0%)
  • Jan 8, 2026 Pending
    —
  • Sep 6, 2025 Price Change
    $1,500,000 (-14.3%)
  • Jul 23, 2025 Listed
    $1,750,000
  • Year Property taxes Tax assessment
  • 2025
    $8,442
    $422,100
  • 2024
    $8,442 -31.0%
    $422,100 -30.43%
  • 2023
    $12,227 -39.6%
    $606,700 -0.9%
  • 2022
    $20,228 +66.9%
    $612,200
  • 2021
    $12,121 -6.7%
    $612,200 +1.75%
  • 2020
    $12,993
    $601,700 -6.76%
  • 2019
    $12,993 -2.5%
    $645,300
  • 2018
    $13,331
    $645,300
  • 100 Walnut Tree Dr
    $1.2M
  • Washington County
    —
  • 47167
    $229K +17% y/y
  • Salem
    $229K +13% y/y
No chart available
Statistics calculated by Movoto

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6/10
Bradie M Shrum Lower Elementary
public Grades PK, K-5
Salem Community Schools
5/10
Salem Middle School
public Grades 6-8
Salem Community Schools
4/10
Salem High School
public Grades 9-12
Salem Community Schools
Source: GreatSchools.org © 2026. All rights reserved.

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