$183,500
SOLD JUN 18, 2021

1553 W Lake John Hay Rd Salem, IN 47167

1 Bed
2 Baths
1,216 Sq Ft
9 Acres

Recently Sold

$151 Per Sq Ft

5% Above List Price

44 Days on Market

About This Home

As of October 2022

Turn-key HORSE farm! 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! Seller has most of the property fenced for horses and there is a buried fence for dogs as well! A CREEK on the backside of the property is just another bonus to this already great property!

Last Agent to Sell the Property

Amanda Cole

Keller Williams Realty Consultants Listed on: 05/05/2021

Keller Williams Realty Consultants

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,247

Year Built

2013

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2013
  • Age: 8
  • 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: 104.86
  • 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: 150.9
  • 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
44
Current Estimated Value
$238,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,838
Avg. Annual Appreciation
4.33%
Original Mortgage
$168,000
Outstanding Balance
$162,311
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$74,055

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Sheriffs Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,000 New Conventional
Previous Owner $177,995 New Conventional
Previous Owner $71,403 Future Advance Clause Open End Mortgage
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

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Map

Source: Indiana Regional MLS

MLS Number: 202115836

Indiana Regional MLS

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