NOT LISTED FOR SALE

116 Marshall Ave Salem, IN 47167

Estimated Value: $66,000 - $112,986

2 Beds
1 Bath
1,044 Sq Ft
$90/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $65,000 $62 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $641/month

8 Days on Market

Highlights

  • City Lights View
  • Formal Dining Room
  • Enclosed Patio or Porch
  • First Floor Utility Room
  • 1 Car Detached Garage
  • Walk-In Closet

About This Home

As of July 2023

GREAT INVESTMENT PROPERTY with lots of potential! Over 1000 square feet of living space with 2 bedrooms, 1 full bath, large living room & formal dining. Located in beautiful Salem, this property features a nice backyard & detached 22x20 garage. Seller would prefer to sell as-is.

Last Agent to Sell the Property

Mark Day

The Day Company REALTORS License #RB14030049 Listed on: 06/12/2023

Last Buyer's Agent

Mary Finkle

Mainstreet REALTORS License #RB14026176

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $517

Year Built

  • Built in 1929

Lot Details

  • 6,098 Sq Ft Lot
  • Landscaped
  • Garden

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Block Foundation
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • First Floor Utility Room
  • Storage
  • City Lights Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Crawl Space
  • Natural lighting in basement

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882418442052000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$517

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Improvements: 52000
  • Additional Parking: Off Street
  • Annual Tax: 517
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Concrete Block, Poured Concrete
  • Land Assessment: 9200
  • Legal Description: Heuser 2 Lot 27
  • Out Buildings: Garage
  • Parcel Number: 882418442052000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 61200
  • Total Deduction Amnt: 48288
  • Total Finished Square Footage: 1044
  • Type: 1 Story
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space, Daylight, Partial, Unfinished
  • Above Grade Finished Sq Ft: 1044.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Utility, Added Storage, Formal Dining Rm, Walk-In Closet(s)
  • Lot Sq Ft: 6098.40
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1044
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Enclosed Porch, Landscaped, Solid Surface Drive

Garage/Parking

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

Utilities

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

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.1400
  • Lot Description: City Lights View, Garden Area
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jul 21, 2023
Sold by
Yoder Wendell L
Bought by
Barrett Properties Llc
Seller's Agent
Mark Day
The Day Company REALTORS
Buyer's Agent
Mary Finkle
Mainstreet REALTORS
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Views
102
Current Estimated Value
$94,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,156
Avg. Annual Appreciation
19.15%

Purchase Details

Closed on
May 23, 2017
Sold by
Yoder Wendell L and Yoder Michelle L
Bought by
Yoder Wendell L

Purchase Details

Closed on
Jun 29, 2009
Sold by
Berkey Eric and Berkey Family Trust
Bought by
Yoder Wedell L and Yoder Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
6.15%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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
Barrett Properties Llc $65,000 None Listed On Document
Yoder Wendell L -- None Available
Yoder Wedell L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett Properties Llc $52,000
Previous Owner Yoder Wedell L $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $65,000 -13.2% $62 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $74,900 -- $72 / 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 $1,504 $75,200 $9,200 $66,000
2023 $666 $68,700 $9,200 $59,500
2022 $517 $61,200 $9,200 $52,000
2021 $470 $55,700 $9,200 $46,500
2020 $424 $53,000 $9,200 $43,800
2019 $395 $51,100 $9,200 $41,900
2018 $364 $47,100 $9,200 $37,900
2017 $322 $50,200 $9,200 $41,000
2016 $934 $46,700 $9,200 $37,500
2014 $938 $46,900 $9,200 $37,700
2013 $908 $45,400 $9,200 $36,200
Source: Public Records

Agents Affiliated with this Home

  • Mark Day

    Seller's Agent in 2023

    Mark Day

    The Day Company REALTORS

    (812) 620-1034

    55 in this area

    138 Total Sales

    Section Image
  • Mary Finkle

    Buyer's Agent in 2023

    Mary Finkle

    Mainstreet REALTORS

    (812) 883-9555

    124 in this area

    465 Total Sales

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202308293

Southern Indiana REALTORS® Association

APN: 88-24-18-442-052.000-022

Indiana Washington County Salem 47167

116 Marshall Ave, Salem, IN

This home is located at 116 Marshall Ave, Salem, IN 47167 since 12 June 2023 and is currently estimated at $93,497, approximately $89 per square foot. This property was built in 1929. 116 Marshall Ave is a home located in Washington County with nearby schools including Bradie M. Shrum Lower Elementary School, Salem Middle School, and Salem High School.

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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