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224 Main St

Salem, KY 42078

4 bd 2 ba 1,551 sqft Built 1941 Lot 54,450 sqft single_family
Most recent sale
$127,500
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $127,500 Public Record
Aug 11, 2022 Sold $127,500 WesternKentucky
Jun 5, 2022 Listed $139,000 MLS #117694

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $59,000 $504
2020 $56,000 $477
2019 $56,000 $475
2018 $56,000 $481
2017 $56,000 $473
2016 $54,000 $458
2015 $54,000 $460
2014 $54,000 $461
2012 $54,000 $455
2011 $54,000 $422
2009 $54,000 $412
2005 $39,500 $4,500 $44,000 $311

Property facts

Year built
1941
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,551 sqft
Lot size
54,450 sqft
ZIP code
42078
City
Salem
Street
Main St
Coordinates
37.26434, -88.24124

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$765
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 224 Main St last sell?
224 Main St most recently sold on Aug 15, 2022 for $127,500.
What is the current tax assessment for 224 Main St?
The most recent total assessment for 224 Main St (year 2021) is $59,000 with $504 in property tax.
How does 224 Main St's assessment compare to its last sale price?
The current assessment is 53.7% below the last sale price of $127,500.
When was 224 Main St built?
224 Main St was built in 1941.
How does 224 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 224 Main St?
224 Main St is a 4 bed, 2 bath, 1,551 sqft, 54,450 sqft lot single_family.
Is 224 Main St a flip candidate?
No — 224 Main St does not appear in our flips dataset.
Is 224 Main St a tax-appeal candidate?
No — 224 Main St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+20.0%
Implied 1-yr
+80.1%
2026 Q1
$279.5K
2026 Q2
$306.2K
ZIP 42078 — Median Price History + Forecast

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