NOT LISTED FOR SALE

1553 W Lake John Hay Rd Salem, IN 47167

Estimated Value: $230,632 - $290,000

1 Bed
2 Baths
1,216 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $210,000 $173 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,469/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Pole Barn
  • Tile Flooring
  • Partially Wooded Lot
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of October 2022

CHECK THIS PLACE OUT! This 1 bed possible 2 bedroom home is a tucked away in Washington County and provides a peaceful break away from the city, but just a short drive to lots of amenities! There is a buried fence for dogs, the quietness of country living and don't forget to enjoy the CREEK on the backside of the property! CALL TODAY BEFORE ITS SOLD!

Last Listed By

Amanda Cole

Keller Williams Realty Consultants Listed on: 09/01/2022

Keller Williams Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 2013

Lot Details

  • 8.5 Acre Lot
  • Electric Fence
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Outdoor Features

  • Pole Barn

Schools

  • Bradie M Shrum Elementary School
  • Salem Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 88-34-18-000-006.001-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,202

Year Built

Built in 2013

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2013
  • Age: 9
  • Style: One Story
  • Architectural Style: Pole Barn
  • Total Number of Rooms: 6
  • Bedrooms: 1
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 08-18-300-006.000-08 PT SW & PT SE 18-3-4 8.5AC
  • Parcel Number ID: 88-34-18-000-006.001-012
  • Platted: Yes
  • Amenities: Main Level Bedroom Suite
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1216
  • Total Finished Sq Ft: 1216
  • Above Grade Finished Sq Ft: 1216
  • Price Per Sq Ft: 172.7
  • Basement Foundation: Slab
  • Flooring: Tile
  • Living Great Room: Dimensions: 23x15, On Level: Main
  • Kitchen: Dimensions: 11x13, On Level: Main
  • Extra Room: possible 2nd bed, Dimensions: 10x7, On Level: Main
  • Bedroom 1: Dimensions: 16x11, On Level: Main
  • Other Room1: walk in closet, Dimensions: 10x7
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Metal
  • Roof Material: Metal
  • Outbuilding1: None
  • Fence: Electric

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 48x16
  • Garage Sq Ft: 768
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Wood, Forced Air, Other Heating System
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: Jackson Co REMC
  • Laundry: Dimensions: Mainx11, On Level: 13

Schools

  • School District: Salem Community Schools
  • Elementary School: Bradie M Shrum
  • Middle School: Salem
  • High School: Salem
  • Elementary School: Bradie M Shrum

Lot Info

  • Lot Description: Partially Wooded, Rolling
  • Lot Dimensions: 8.5 acres
  • Estimated Lot Sq Ft: 370260
  • Estimated Lot Size Acres: 8.5

Tax Info

  • Annual Taxes: 1202
  • Total Assessed Value: 115000
  • Exemptions: Homestead, Supplemental

MLS Schools

  • High School: Salem
  • Middle School: Salem
  • School District: Salem Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 19, 2022
Sold by
Fox Wesley
Bought by
Lazzell Garold and Lazzell Leanne
Seller's Agent
Amanda Cole
Keller Williams Realty Consultants
List Price
$210,000
Sold Price
$210,000
Total Days on Market
7
Current Estimated Value
$246,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,158
Avg. Annual Appreciation
6.43%
Original Mortgage
$168,000
Outstanding Balance
$162,311
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$83,847

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 18, 2021
Sold by
Graham Jessica and Mahuron Jessica N
Bought by
Fox Wesley
Seller's Agent
Amanda Cole
Keller Williams Realty Consultants
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$175,000
Sold Price
$183,500
Premium/Discount to List
$8,500
4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Original Mortgage
$177,995
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 16, 2021
Sold by
Mahuron Michael W
Bought by
Graham Jessica and Mahuron Jessica N
Seller's Agent
Amanda Cole
Keller Williams Realty Consultants
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$175,000
Sold Price
$183,500
Premium/Discount to List
$8,500
4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,995
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2001
Sold by
Heathcock David E and Heathcock David
Bought by
Phh Mortgage Corp and Cendant Mortgage Corp

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
Lazzell Garold -- --
Fox Wesley -- None Available
Graham Jessica -- None Available
Phh Mortgage Corp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazzell Garold $168,000
Previous Owner Fox Wesley $177,995
Previous Owner Mahuron Michael W $71,403
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $210,000 0.0% $173 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $210,000 +14.4% $173 / Sq Ft
06/18/2021 06/18/21 Sold $183,500 +4.9% $151 / Sq Ft
05/05/2021 05/05/21 For Sale $175,000 -- $144 / Sq Ft
Source: Indiana Regional MLS

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 $1,247 $131,600 $42,000 $89,600
2023 $1,380 $134,600 $42,000 $92,600
2022 $1,267 $125,300 $42,000 $83,300
2021 $1,250 $110,600 $42,000 $68,600
2020 $1,375 $114,300 $42,000 $72,300
2019 $1,308 $115,000 $42,000 $73,000
2018 $1,210 $111,800 $42,000 $69,800
2017 $1,112 $112,000 $42,000 $70,000
2016 $1,063 $112,600 $42,000 $70,600
2014 $903 $114,100 $42,000 $72,100
Source: Public Records

Agents Affiliated with this Home

  • Amanda Cole

    Seller's Agent in 2022

    Amanda Cole

    Keller Williams Realty Consultants

    (812) 844-0565

    117 Total Sales

    Amanda Cole
    Section Image

  • B

    Buyer's Agent in 2021

    BLOOM NonMember

    NonMember BL

See All Agents

Map

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Source: Indiana Regional MLS

MLS Number: 202236618

Indiana Regional MLS

APN: 88-34-18-000-006.001-012

Indiana Washington County Salem 47167

1553 W Lake John Hay Rd, Salem, IN

Homes for Sale in Salem, IN

This home is located at 1553 W Lake John Hay Rd, Salem, IN 47167 since 01 September 2022 and is currently estimated at $246,158, approximately $202 per square foot. This property was built in 2013. 1553 W Lake John Hay Rd 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.