NOT LISTED FOR SALE

1458 S Lockenour Ln Salem, IN 47167

Estimated Value: $364,000 - $471,648

2 Beds
2 Baths
2,436 Sq Ft
$175/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $197,500 $81 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,547/month

Highlights

  • Open Floorplan
  • Deck
  • First Floor Utility Room
  • East Washington Elementary School Rated 9+
  • Covered Patio or Porch
  • 3 Car Detached Garage

About This Home

As of April 2015

ABSOLUTELY BEAUTIFUL COUNTRY SETTING....over 2,400 square feet of living space in this custom built home on 5.0 acres with 3 car garage. Partial basement with entry from the inside and outside. Barns, buildings and fencing ready for your small farm. Additional land available; contiguous with MLS #201408240. You will appreciate all this home has to offer!!

Last Agent to Sell the Property

Ervin Day

The Day Company REALTORS License #RB14011244 Listed on: 12/01/2014

Last Buyer's Agent

Lori Gilstrap

The Day Company REALTORS License #RB14047190

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,605

Year Built

  • Built in 2002

Lot Details

  • 8 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned Agriculture

Parking

  • 3 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Poured Concrete
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 2,436 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Thermal Windows
  • First Floor Utility Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Farming

  • Hay Barn
  • Horse or Livestock Barn
  • Cattle

Utilities

  • Forced Air Heating and Cooling System
  • Spring water is a source of water for the property
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 882526000003000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,605

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Improvements: 213700
  • Additional Assessor Parcel Numbers: 88-25-26-000-003.010-004
  • Annual Tax: 1605
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Disabled, Disabled Veteran, Homestead Standard, Mortgage, Supplemental Homestd
  • Foundation: Poured Concrete
  • Land Assessment: 62600
  • Legal Description: PT SW NE 26-2-5
  • Lot Dimensions: 8.0 Acres
  • Out Buildings: Adds, Garage, Barn(s), Hay Barn, Horse Barn, Shed
  • Parcel Number: 882526000003000004
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 276300
  • Total Finished Square Footage: 2436
  • Type: 1 Story
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Outside Entrance, Partial, Unfinished
  • Above Grade Finished Sq Ft: 2436.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Ceiling Fan(s), Natural Wood Trim, Open Floor Plan, Pantry, Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 348480.00
  • Room Count: 9
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2436
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Covered Porch, Deck, Landscaped, Porch, Thermopane Windows

Garage/Parking

  • Garage Type: Detached, Front Entry
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: East Washington

Lot Info

  • Acres: 8.0000
  • Farm Type: Cattle
  • Lot Description: Additional Land Av, Garden Area, Sprn
  • Zoning: Agriculture

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2014
Closed on
May 4, 2015
Sold by
Kincer Ernest Ray and Kincer Kathy A
Bought by
Yaeger Michael W and Yeager Margaret Theresa
Seller's Agent
Ervin Day
The Day Company REALTORS
Buyer's Agent
Lori Gilstrap
The Day Company REALTORS
List Price
$199,900
Sold Price
$197,500
Premium/Discount to List
-$2,400
-1.2%
Current Estimated Value
$425,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,412
Avg. Annual Appreciation
7.63%
Original Mortgage
$193,922
Outstanding Balance
$148,409
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$277,503

Purchase Details

Listed on
Dec 1, 2014
Closed on
Apr 30, 2015
Sold by
Kincer Ernest Ray and Kincer Kathy A
Bought by
Voyles Jeremy and Voyles Kristen
Seller's Agent
Ervin Day
The Day Company REALTORS
Buyer's Agent
Lori Gilstrap
The Day Company REALTORS
List Price
$199,900
Sold Price
$197,500
Premium/Discount to List
-$2,400
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,922
Outstanding Balance
$148,409
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$277,503

Purchase Details

Closed on
Aug 12, 2008
Sold by
Cit Group Consumer Finance Inc
Bought by
Kincer Ernest R and Kincer Kathy

Purchase Details

Closed on
Mar 18, 2008
Sold by
Jordan Paul and Jordan Sheila
Bought by
Cit Group Consumer Finance Inc

Purchase Details

Closed on
Nov 29, 2007
Sold by
Region Bank
Bought by
Kincer Ernest R and Kincer Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,250
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 23, 2007
Sold by
Jordan Everett P and Jordan Sheila M
Bought by
Liquidation Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,250
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Yaeger Michael W -- Classic Title Inc
Voyles Jeremy -- Kemp Title Agency
Kincer Ernest R -- None Available
Cit Group Consumer Finance Inc -- None Available
Kincer Ernest R -- None Available
Liquidation Properties Inc $187,950 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voyles Jeremy $193,922
Previous Owner Kincer Ernest R $120,250
Previous Owner Liquidation Properties Inc $120,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2015 04/30/15 Sold $197,500 -1.2% $81 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $199,900 -- $82 / 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 $3,363 $327,400 $31,200 $296,200
2023 $3,191 $310,900 $29,300 $281,600
2022 $3,340 $297,500 $27,400 $270,100
2021 $2,967 $264,200 $26,300 $237,900
2020 $2,850 $258,100 $26,300 $231,800
2019 $2,829 $255,900 $27,700 $228,200
2018 $2,703 $249,800 $27,900 $221,900
2017 $2,347 $252,900 $29,100 $223,800
2016 $1,894 $230,400 $29,600 $200,800
2014 $215 $12,600 $8,100 $4,500
2013 $165 $9,900 $5,100 $4,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201408248

Southern Indiana REALTORS® Association

APN: 88-25-26-000-003.000-004