NOT LISTED FOR SALE

111 Spring Grove Ave Salem, IN 47167

Estimated Value: $121,000 - $147,964

2 Beds
1 Bath
728 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $135,000 $185 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $760/month

2 Days on Market

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Ceiling Fan
  • Eat-In Kitchen
  • Landscaped
  • 5-minute walk to Rielys Park

About This Home

As of July 2023

THE BEE BUNGALOW! This beautiful little bungalow located in Salem Indiana is a profitable Airbnb and/or beautiful little bungalow. All 5 star ratings! Two Bedroom with One Bath. All new vinyl plank flooring, new window trim, new interior doors, cabinets painted white, updated bathroom, new water heater and baseboard heaters. Freestanding electric fireplace with infrared heat. Large master closet. All new wiring. Stone firepit in backyard. Beautiful stone flower bed in front yard. Large backyard has many possibilities. This is a precious little first or retirement home as well as great Airbnb investment! Agent owned.

Last Agent to Sell the Property

Noel Newby

Bridge Realtors License #RB14021516 Listed on: 06/01/2023

Last Buyer's Agent

Peggy Hoke

Trinkle Group Real Est License #RB14052004

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $220

Year Built

  • Built in 1951

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 72x144
  • Landscaped

Parking

  • Off-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882418444008000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$220

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 220
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Crawl Space
  • Legal Description: 13-18-444-008.000-22 PERSISE 1 LOT 23 VACATED ALLEY 6'X 144' (NV) 6' NORTH SIDE LOT 23 EXTENDED EAST 111 Spring Grove Ave
  • Lot Dimensions: 72x144
  • Numof Fireplaces: 1
  • Parcel Number: 882418444008000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 728
  • Type: 1 Story
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 728.00
  • Appliances: Oven Self Clean, Range / Oven
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace: Electric
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Eat-In Kitchen
  • Lot Sq Ft: 10454.40
  • Total Sq Ft: 728

Exterior Features

  • Exterior Features: Covered Porch, Landscaped
  • Road Frontage: 72

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Electric
  • Heat Type: Baseboard
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.2400
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 14, 2023
Sold by
Deremiah Noel Marie
Bought by
Carmickle Brady William
Seller's Agent
Noel Newby
Bridge Realtors
Buyer's Agent
Peggy Hoke
Trinkle Group Real Est
List Price
$129,900
Sold Price
$135,000
Premium/Discount to List
$5,100
3.93%
Views
16
Current Estimated Value
$133,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,259
Avg. Annual Appreciation
-0.37%
Original Mortgage
$132,554
Outstanding Balance
$129,333
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$4,408

Purchase Details

Closed on
Dec 22, 2021
Sold by
Deremiah Don M
Bought by
Deremiah Noel Marie

Purchase Details

Closed on
Apr 30, 2015
Sold by
Fleenor Robert S and Fleenor Sherri K
Bought by
Newby Noel Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Carmickle Brady William $135,000 None Listed On Document
Deremiah Noel Marie -- None Listed On Document
Newby Noel Marie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmickle Brady William $132,554
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $135,000 +3.9% $185 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $129,900 -- $178 / 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 $779 $80,100 $14,100 $66,000
2023 $375 $38,700 $14,100 $24,600
2022 $249 $35,500 $14,100 $21,400
2021 $722 $36,100 $14,100 $22,000
2020 $348 $34,800 $14,100 $20,700
2019 $338 $33,800 $14,100 $19,700
2018 $319 $31,900 $14,100 $17,800
2017 $258 $31,000 $14,100 $16,900
2016 $208 $29,500 $14,100 $15,400
2014 $564 $28,200 $12,700 $15,500
2013 $572 $28,600 $14,100 $14,500
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Noel Newby

    Bridge Realtors

    Section Image

  • P

    Buyer's Agent in 2023

    Peggy Hoke

    Trinkle Group Real Est

    (812) 653-0212

    1 in this area

    75 Total Sales

    Peggy Hoke
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202307189

Southern Indiana REALTORS® Association

APN: 88-24-18-444-008.000-022

Indiana Washington County Salem 47167

111 Spring Grove Ave, Salem, IN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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