NOT LISTED FOR SALE

1002 Old Salem Rd Lanesville, IN 47136

Estimated Value: $342,000 - $411,000

3 Beds
2 Baths
1,540 Sq Ft
$244/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $235,000 $153 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,266/month

53 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • Eat-In Kitchen
  • Georgetown Elementary School Rated A-
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of July 2019

Great home in located in Georgetown township in "The Oaks" subdivision on 0.71 acres! Conveniently accessible to I-64 and within 20 minutes from downtown Louisville. All brick home 3 bedroom/2 bath ranch on a walk out basement. Additional two bedrooms could be finished in basement with windows and basement is plumbed for an additional full bath. Master bedroom has walk in closet and tray ceiling, master bath has double vanity, whirlpool tub and tile floors. Second bedroom also has vaulted ceiling. Hardwood floors and gas fireplace. Large 14x20 deck and 13.5x16 lower level patio. Award-winning Floyd County Schools. Seller agrees to give buyer up to $2000 for flooring allowance. All appliances including refrigerator, washer and dryer to stay.

Last Listed By

Stephanie Watson

Lopp Real Estate Brokers License #RB17002016 Listed on: 04/11/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,515

Year Built

  • Built in 2004

Lot Details

  • 0.71 Acre Lot

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Poured Concrete

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • First Floor Utility Room
  • Utility Room
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 220201000100000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,515

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Improvements: 145200
  • Annual Tax: 1515
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Poured Concrete
  • Land Assessment: 46200
  • Legal Description: P 1217 L 12 0.71 AC
  • Numof Fireplaces: 1
  • Open House Count: 4
  • Parcel Number: 220201000100000002
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 191400
  • Total Deduction Amnt: 97850
  • Total Finished Square Footage: 1540
  • Type: 1 Story
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Walkout
  • Above Grade Finished Sq Ft: 1540.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposal, Garage Door Opener, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Eat-In Kitchen, Garden Tub, Kitchen Island, Split Bedrooms, Utility/Mud Room, Walk-In Closet(s)
  • Lot Sq Ft: 30927.60
  • Room Count: 9
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1540
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Deck, Patio

Garage/Parking

  • Garage Type: Attached, Front Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Heat Pump
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 0.7100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jul 2, 2019
Sold by
Gehm Scott D and Munn Gehm Kristen M
Bought by
Peikert Timothy Lane and Drexler Franchesca Breonna
Seller's Agent
Stephanie Watson
Lopp Real Estate Brokers
Buyer's Agent
Jennifer Coward
Semonin REALTORS
List Price
$265,000
Sold Price
$235,000
Premium/Discount to List
-$30,000
-11.32%
Total Days on Market
53
Current Estimated Value
$375,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,138
Avg. Annual Appreciation
8.41%
Original Mortgage
$223,250
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2005
Sold by
Thieneman Builders Inc
Bought by
Gehm Scott D and Gehm Kristen M Munn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,980
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Peikert Timothy Lane -- None Available
Gehm Scott D -- Agency Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peikert Timothy Lane $223,250
Closed Peikert Timothy Lane $223,250
Previous Owner Gehm Scott D $216,218
Previous Owner Gehm Scott D $194,750
Previous Owner Gehm Scott D $37,980
Previous Owner Gehm Scott D $151,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2019 07/02/19 Sold $235,000 -4.1% $153 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/04/2019 05/04/19 Price Changed $245,000 -0.8% $159 / Sq Ft
04/29/2019 04/29/19 Price Changed $247,000 -0.2% $160 / Sq Ft
04/23/2019 04/23/19 Price Changed $247,500 -1.0% $161 / Sq Ft
04/19/2019 04/19/19 Price Changed $250,000 -2.0% $162 / Sq Ft
04/16/2019 04/16/19 Price Changed $255,000 -3.8% $166 / Sq Ft
04/11/2019 04/11/19 For Sale $265,000 -- $172 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,988 $249,200 $46,200 $203,000
2023 $1,988 $259,000 $46,200 $212,800
2022 $2,146 $264,000 $46,200 $217,800
2021 $1,988 $248,300 $46,200 $202,100
2020 $1,781 $228,500 $46,200 $182,300
2019 $1,408 $190,500 $46,200 $144,300
2018 $1,625 $214,700 $46,200 $168,500
2017 $1,516 $191,400 $46,200 $145,200
2016 $1,399 $191,400 $46,200 $145,200
2014 $1,704 $195,500 $46,200 $149,300
2013 -- $185,700 $46,200 $139,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201907083

Southern Indiana REALTORS® Association

APN: 22-02-01-000-100.000-002