NOT LISTED FOR SALE

1501 Old State Road 60 W Salem, IN 47167

Estimated Value: $137,000 - $167,327

3 Beds
1 Bath
1,400 Sq Ft
$110/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $135,000 $96 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $917/month

69 Days on Market

Highlights

  • Panoramic View
  • Deck
  • Wooded Lot
  • 1.1 Acre Lot
  • Secluded Lot
  • Covered Patio or Porch

About This Home

As of September 2022

HERE IS WHAT YOU"VE BEEN LOOKING FOR! AND PRICED TO MOVE. 1400 sq ft, 3 bed 1 bath, secluded fenced in 1 acre lot at the edge of the city limits of Salem. You want privacy? You got it! This berm home has stainless steel appliances, 3 large bedrooms, an eat-in kitchen with island, large living room, BUT is awaiting your finishing touches. Outside you will find a shed with electric with room enough for most any hobby, and a chain link fenced area with gate. Did we mention its less than a minute to the nearest restaurant, hardware store, or gas station?

All measurements are approximate if important buyer and buyer's agent should verify.

Last Agent to Sell the Property

Brian Helsel

Brixton Realty License #RB15000751 Listed on: 06/03/2022

Last Buyer's Agent

Brian Helsel

Brixton Realty License #RB15000751 Listed on: 06/03/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $634

Year Built

  • Built in 1978

Lot Details

  • 1.1 Acre Lot
  • Secluded Lot
  • Wooded Lot
  • Garden
  • Property is zoned Agri/ Residential

Property Views

  • Panoramic
  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Farm
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • First Floor Utility Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 882313000012002022

Property Details

Property Type

Other

Est. Annual Taxes

$634

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Improvements: 50400
  • Annual Tax: 634
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Slab
  • Land Assessment: 19800
  • Legal Description: PT EH NE 13-2-3 1.10 AC.
  • Out Buildings: Shed
  • Parcel Number: 882313000012002022
  • Property Sub Type: Farm
  • Property Type: Residential/Farm
  • Total: 70200
  • Total Deduction Amnt: 60794
  • Total Finished Square Footage: 1400
  • Type: 1 Story
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1400.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Formal Dining Rm
  • Lot Sq Ft: 47916.00
  • Room Count: 7
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1400
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Deck, Patio

Utilities

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

Lot Info

  • Acres: 1.1000
  • Lot Description: Garden Area, Panoramic View, Park-Like View, Scenic View, Secluded Lot, Wooded Lot
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Sep 30, 2022
Sold by
Porter Jason
Bought by
Bowman Kyle
Seller's Agent
Brian Helsel
Brixton Realty
Buyer's Agent
Brian Helsel
Brixton Realty
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%
Views
93
Current Estimated Value
$154,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,082
Avg. Annual Appreciation
6.49%
Original Mortgage
$132,554
Outstanding Balance
$127,694
Interest Rate
6.02%
Mortgage Type
FHA
Estimated Equity
$34,327

Purchase Details

Closed on
Apr 28, 2006
Sold by
Cauble Christopher and Cauble Melissa A
Bought by
Porter Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$659,654
Interest Rate
6.39%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bowman Kyle -- None Listed On Document
Porter Jason -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Kyle $132,554
Previous Owner Porter Jason $55,000
Previous Owner Porter Jason $659,654
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $135,000 0.0% $96 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/12/2022 07/12/22 Price Changed $135,000 -6.9% $96 / Sq Ft
06/03/2022 06/03/22 For Sale $145,000 -- $104 / 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 $919 $90,800 $19,800 $71,000
2023 $887 $86,300 $19,800 $66,500
2022 $810 $78,600 $19,800 $58,800
2021 $689 $72,800 $19,800 $53,000
2020 $634 $70,200 $19,800 $50,400
2019 $601 $68,300 $19,800 $48,500
2018 $588 $66,600 $19,800 $46,800
2017 $511 $69,800 $19,800 $50,000
2016 $411 $66,000 $19,800 $46,200
2014 $361 $63,300 $16,800 $46,500
2013 $359 $66,500 $19,800 $46,700
Source: Public Records

Agents Affiliated with this Home

  • Brian Helsel

    Seller's Agent in 2022

    Brian Helsel

    Brixton Realty

    (812) 620-1705

    37 in this area

    100 Total Sales

    Brian Helsel
    Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202206489

Southern Indiana REALTORS® Association

APN: 88-23-13-000-012.002-022

Indiana Washington County Salem 47167

1501 Old State Road 60 W, Salem, IN

This home is located at 1501 Old State Road 60 W, Salem, IN 47167 since 03 June 2022 and is currently estimated at $154,082, approximately $110 per square foot. This property was built in 1978. 1501 Old State Road 60 W 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.

Nearby Homes