NOT LISTED FOR SALE

1315 Old State Road 64 NE New Salisbury, IN 47161

Estimated Value: $256,000 - $308,000

5 Beds
3 Baths
2,318 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $179,000 $77 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,705/month

Highlights

  • Scenic Views
  • Deck
  • First Floor Utility Room
  • Open Floorplan
  • Cathedral Ceiling
  • Eat-In Kitchen

About This Home

As of May 2022

Great home with options or Great Investment property that could allow you to reach financial freedom quicker with this rare opportunity. A 3 bed 2 bath home with additional 2 bed 1 bath living area to rent out and pay mortgage or use as mother-in-law suite. Property has been listed previously as duplex with a good Positive Cash Flow. The 3 bed unit rented at $975 monthly and the 2 bed at $800 monthly. The property has been recently updated with new flooring in most areas, new paint, new countertops and 2 Energy Efficient Heat Pumps. Enjoy scenic lake views of New Salisbury private golf course. Both units have large parking areas that will accommodate 2 to 3 vehicles. Call/text to request a showing.

Last Agent to Sell the Property

Robert Denison

Bridge Realtors License #RB14040740 Listed on: 04/13/2022

Co-Listed By

David Fonseca

Bridge Realtors License #RB14038848

Last Buyer's Agent

OUTSIDE AGENT

OUTSIDE COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,208

Year Built

  • Built in 1940

Lot Details

  • 0.59 Acre Lot
  • Property is zoned Multi Family

Parking

  • Driveway

Property Views

  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,318 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Family Room
  • First Floor Utility Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Air Source Heat Pump
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 310629127018000011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,208

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Improvements: 130700
  • Annual Tax: 1208
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site, Vacant
  • Foundation: Slab
  • Land Assessment: 23100
  • Legal Description: 006-00586-00 PT S1/2 SE QR NW QR 29-2-4 0.592 TRACT #1 SURVEY ON FILE 09-27-2013
  • Parcel Number: 310629127018000011
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 153800
  • Total Deduction Amnt: 56200
  • Total Finished Square Footage: 2318
  • Type: 1 Story
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 2318.00
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Cath/Vaul/Tray Ceil, Eat-In Kitchen, Family Room, Open Floor Plan, Pantry
  • Lot Sq Ft: 25700.40
  • Room Count: 13
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 2318
  • Total Rooms: 10

Exterior Features

  • Exterior Features: Deck, Paved Driveway, Vinyl Siding

Utilities

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

Schools

  • School District: North Harrison

Lot Info

  • Acres: 0.5900
  • Lot Description: Park-Like View, Scenic View
  • Zoning: Residential, Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 27, 2022
Sold by
Sping Properties Llc
Bought by
Kamboj Inc
Seller's Agent
Robert Denison
Bridge Realtors
Buyer's Agent
OUTSIDE AGENT
OUTSIDE COMPANY
List Price
$184,000
Sold Price
$179,000
Premium/Discount to List
-$5,000
-2.72%
Current Estimated Value
$280,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,471
Avg. Annual Appreciation
14.35%

Purchase Details

Closed on
Dec 10, 2021
Sold by
Ball Ethan
Bought by
Spine Properties Llc

Purchase Details

Closed on
May 8, 2018
Sold by
Spine Properties Llc
Bought by
Ethan Ball

Purchase Details

Closed on
Apr 7, 2017
Sold by
Shafer Capital Llc
Bought by
Spine Properties Llc

Purchase Details

Closed on
Oct 3, 2013
Sold by
Louise Davis
Bought by
Shafer Capital Llc
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
Kamboj Inc $179,000 Charles L. Triplett
Spine Properties Llc -- Charles L. Triplett
Ethan Ball $130,000 --
Spine Properties Llc $105,000 --
Shafer Capital Llc $21,000 Simpson, Thompson & Colin, Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $179,000 -2.7% $77 / Sq Ft
04/16/2022 04/16/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $184,000 -- $79 / 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 $2,615 $217,700 $33,600 $184,100
2023 $2,702 $208,500 $33,600 $174,900
2022 $2,324 $178,100 $29,400 $148,700
2021 $1,320 $153,800 $23,100 $130,700
2020 $1,208 $136,500 $18,900 $117,600
2019 $1,155 $130,300 $16,600 $113,700
2018 $1,103 $125,100 $16,600 $108,500
2017 $1,599 $119,800 $16,600 $103,200
2016 $1,426 $118,700 $16,600 $102,100
2014 $271 $24,100 $15,100 $9,000
2013 $271 $102,400 $14,900 $87,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202208132

Southern Indiana REALTORS® Association

APN: 31-06-29-127-018.000-011