$43,000
SOLD SEP 26, 2014

1103 Locust St Salem, IN 47167

3 Beds
1 Bath
1,308 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$33 Per Sq Ft

28% Below List Price

7 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Covered patio or porch
  • Landscaped
  • Ceiling Fan

About This Home

As of January 2025

Great starter home or investment opportunity! This home offers 2, potentially 3 bedrooms with the attic area! Hardwood floors throughout home! Full, unfinished, walk-out basement! Carport area! Nice neighborhood! Make an appointment to see what you think!

Last Agent to Sell the Property

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 07/14/2014

Last Buyer's Agent

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 07/14/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $754

Year Built

  • Built in 1948

Lot Details

  • 7,841 Sq Ft Lot
  • Landscaped

Parking

  • 1 Car Garage
  • Carport
  • Driveway

Home Design

  • Block Foundation
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 1,308 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Ceramic Tile in Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882417112006000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$754

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Improvements: 26600
  • Annual Tax: 754
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 11100
  • Legal Description: GRANDVIEW LOT 79 +12 ON EAST SIDE, VACATED ALLEY
  • Lot Dimensions: .18 acre
  • Numof Fireplaces: 0
  • Parcel Number: 882417112006000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 37700
  • Total Finished Square Footage: 1308
  • Type: 1.5 Story
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Unfinished, Walkout
  • Above Grade Finished Sq Ft: 1308.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Ceramic Bath, Eat-In Kitchen, Natural Wood Trim
  • Lot Measurement: Acres
  • Lot Sq Ft: 7841.00
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1308
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Porch, Landscaped, Paved Driveway

Garage/Parking

  • Garage Type: Carport
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.1800
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Jan 24, 2025
Sold by
Gilliatt Richard E and Gilliatt Denise L
Bought by
Wright Autumn Marie
Seller's Agent
Lori Gilstrap
The Day Company REALTORS
Buyer's Agent
Dylan Hoover
RE/MAX FIRST
List Price
$150,000
Sold Price
$139,500
Premium/Discount to List
-$10,500
-7%
Views
34
Current Estimated Value
$142,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,404
Avg. Annual Appreciation
5.38%
Original Mortgage
$8,370
Outstanding Balance
$8,355
Interest Rate
6.72%
Estimated Equity
$134,549

Purchase Details

Listed on
Jul 14, 2014
Closed on
Sep 26, 2014
Sold by
Hart George and Hart Kimberly
Bought by
Gilliatt Denise L and Gilliatt Richard E
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
Mary Finkle
Mainstreet REALTORS
List Price
$59,900
Sold Price
$43,000
Premium/Discount to List
-$16,900
-28.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.05%
Original Mortgage
$43,000
Interest Rate
4.09%
Mortgage Type
Construction
Source: Public Records

Similar Home in Salem, IN

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    This beautiful, scenic property is located just a few miles from Salem's town square! Very nice 1.5 acre property. The property has a 3 bedroom home situated on it, in need of extensive TLC. Call for more information today! Property sold AS-IS.

    Alicia Powell Lopp Real Estate Brokers

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $139,500 None Listed On Document
Warranty Deed -- Classic Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,370 No Value Available
Open $136,972 FHA
Previous Owner $43,000 Construction
Previous Owner $36,107 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $139,500 -0.4% $119 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
11/18/2024 11/18/24 Price Changed $140,000 -6.7% $119 / Sq Ft
10/10/2024 10/10/24 For Sale $150,000 +248.8% $128 / Sq Ft
09/26/2014 09/26/14 Sold $43,000 -28.2% $33 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $59,900 -- $46 / 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 $1,076 $53,800 $11,100 $42,700
2023 $986 $49,300 $11,100 $38,200
2022 $886 $44,300 $11,100 $33,200
2021 $820 $41,000 $11,100 $29,900
2020 $782 $39,100 $11,100 $28,000
2019 $756 $37,800 $11,100 $26,700
2018 $772 $38,600 $11,100 $27,500
2017 $816 $40,800 $11,100 $29,700
2016 $762 $38,100 $11,100 $27,000
2014 $776 $38,800 $11,100 $27,700
2013 $754 $37,700 $11,100 $26,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201405024

Southern Indiana REALTORS® Association

APN: 88-24-17-112-006.000-022