100 Walnut Tree Dr

$1,500,000
Price
32
Beds
41,734 Sq. Ft.
$36 / Sq. Ft.
41,734
Sq. Ft.
$36
per Sq. Ft.

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.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.

Property Details for 100 Walnut Tree Drive

Style
Other
Subdivision
None
Waterfront
No
Pet Restrictions
Yes
LISTING UPDATED: 12/16/2025 06:45 PM

Property Details for 100 Walnut Tree Drive

StatusActive
MLS #202528955
Days on Market150
Taxes$8,442 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Apartment Complex
Year Built1975
CountyWashington County

Location

Listing Courtesy of Mainstreet Realtors
Add your commute

Building Information for 100 Walnut Tree Drive

Building/Complex100 Walnut Tree DrFloor-Stories2Residences21Pet Policy-Pet Policy Details-Year Built1975Building Size-

Payment Calculator

$8,116 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,412

Property Taxes

$704

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 100 Walnut Tree Drive

Summary
Location and General Information
  • Area: Washington County
  • City: Salem
  • Zip + 4: 9403
  • Zip Code: 47167
  • State: IN
  • Township: Washington
  • Geo Latitude: 39
  • Geo Longitude: -86
  • Fips Code: 18175
  • Directions To Property: Take W Hackberry St, right onto W Cox Ferry Rd, Turn left onto W Cox Ferry Rd, Turn left onto Walnut Tree Dr.
Taxes and HOA
  • Assessed Value $: $422,100.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2025
  • Parcel Number Id: 88-24-18-224-004.001-022
School Information
  • School District: Salem Community Schools
  • Elementary: Bradie M Shrum
  • Middle School: Salem
  • High School: Salem
Parking
  • Number Of Parking Spaces: 25
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Apartment Complex
  • Approx Lot Size Acres: 2.1
  • Lot Dimensions: ireggular
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 41734.0
  • Approx Lot Size Sqft: 91476.0
  • Above Grade Finished Sqft: 41190.0
  • Below Grade Finished Sqft: 544.0
  • Total Below Grade Sqft: 544.0
  • Total Finished Sqft: 41734.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: 0-2.9999
Property and Assessments
  • New Construction: No
  • Year Built: 1975
  • Age: 50
  • Documents Available: Aerial Photo, LBP Form
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Off Street Parking, Ceilings-Vaulted, Deck Open, Water Heater Electric, Washer Hook-Up
  • Exterior: Block, Vinyl, Wood
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 2
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 21
  • Number of Refrigerators: 21
  • Number of W/D Hookups: 8
  • Number of Washers: 2
  • Basement: Yes
  • Basement/Foundation: Partial Basement
  • Cooling: Multiple Cooling Units
  • Flooring: Carpet, Tile, Vinyl
  • Heating/Fuel: Other Heating System
  • Stories: 2
  • Number of Above Grade Bedrooms: 31
  • Number of Below Grade Baths: 1
  • Number of Below Grade Bedrooms: 1
  • Total Number of Bedrooms: 32
  • Total Number of Full Baths: 23
  • Total Number of Half Baths: 0
  • Total Baths: 23
  • Number Total Rooms Below Grade: 2
  • Num Of 1 Bedrooms: 9
  • Num Of 2 Bedrooms: 10
  • Num Of 3 Bedrooms: 2
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 21
  • Number of Buildings: 6
  • Number of Units: 21
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $164,280
  • Annual Insurance Expense: $13,200
  • Annual Maint. Expense: $15,000
  • Annual Misc: $10,000
  • Annual Net Income: $94,838
  • Annual Property Tax: $8,442
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $22,800
  • Gross Monthly Income: $13,690
  • Gross Monthly Rent: $13,690
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Tax
  • Tenant Pays: Electric

Property History for 100 Walnut Tree Drive

DateEvent & SourcePriceAppreciation
Sep 6, 2025

Price Change

Southern Indiana REALTORS® Association #202509918

$1,500,000
Jul 30, 2025

Listed (Active)

Southern Indiana REALTORS® Association #202509918

$1,750,000
Jul 23, 2025

Price Change

Indiana Regional MLS #202528955

$1,750,000
Jul 23, 2025

Listed (Active)

Indiana Regional MLS #202528955

$1,500,000
DateEvent & SourcePrice
09/06/2025

Price Change

Southern Indiana REALTORS® Association #202509918

$1,500,000
07/30/2025

Listed (Active)

Southern Indiana REALTORS® Association #202509918

$1,750,000
07/23/2025

Price Change

Indiana Regional MLS #202528955

$1,750,000
07/23/2025

Listed (Active)

Indiana Regional MLS #202528955

$1,500,000

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

Public Records for 100 Walnut Tree Drive

Taxable ValueLand$105,200Additions$316,900Total$422,100
Tax Record2024$8,442 ($704 / month)
Home Facts
Beds0Baths7Total Finished SqFt1,088 SqFtAbove Grade Finished SqFt1,088 SqFtStories1Lot Size91,476 SqFtStyleCondominiumYear Built1975CountyWASHINGTONAPN88-24-18-224-004.001-022

Schools near 100 Walnut Tree Drive

This home is within Salem Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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.

Similar Homes

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100 Walnut Tree Drive is a multi-family home for sale in Salem, IN 47167. This property was listed for sale on July 23, 2025 by Mainstreet Realtors, it's currently listed at $1,500,000. This listing's school district is Salem Community Schools. Nearby schools include Bradie M Shrum Lower Elementary, Salem Middle School and Salem High School. 100 Walnut Tree Drive is a 32-bed, 23-bath, 41,734 sqft multi-family home built in 1975.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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.