NOT LISTED FOR SALE

1573 W Water Tower Rd Salem, IN 47167

Estimated Value: $218,000 - $329,000

3 Beds
2 Baths
1,565 Sq Ft
$168/Sq Ft Est. Value

Last Sold January 08, 2016

Last sale price $159,900 $102 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,495/month

About This Home

As of January 2016

12.43 Acres with a really nice 1565 sq ft. open floor plan. Blt 2005, covered front porch, vaulted ceiling, skylights, eat-in kitchen with an oversized 2 car attached garage. Additional detached shed. Third bedroom to have closet installed, buyer to chose location with a 4' x 2' closet size. HMS WARRANTY for the 1st year. Ideal for animals or those toys that need room to ride. Easement and road maintenance agreement. Additional acreage can be purchased with this property see MLS#201408047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2015
Closed on
Jan 8, 2016
Sold by
Black Deborah K
Bought by
Weigel Maria J
Seller's Agent
Russ Kruer
RE/MAX Ability Plus
Buyer's Agent
Tonja Aaron-Wells
Keller Williams Louisville
List Price
$149,900
Sold Price
$159,900
Premium/Discount to List
$10,000
6.67%
Current Estimated Value
$263,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,526
Avg. Annual Appreciation
5.26%
Original Mortgage
$151,905
Outstanding Balance
$120,695
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$142,731

Purchase Details

Closed on
Sep 7, 2005
Sold by
Crecilius Patricia F
Bought by
Alford Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
5.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Weigel Maria J -- None Available
Alford Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weigel Maria J $151,905
Previous Owner Alford Joseph $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2016 01/08/16 Sold $159,900 +6.7% $102 / Sq Ft View Prior Sale
11/09/2015 11/09/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $149,900 -- $96 / Sq Ft

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 $1,114 $136,400 $20,000 $116,400
2023 $1,176 $140,500 $20,000 $120,500
2022 $1,296 $143,300 $20,000 $123,300
2021 $1,313 $131,500 $20,000 $111,500
2020 $1,078 $120,400 $20,000 $100,400
2019 $1,079 $124,700 $20,000 $104,700
2018 $1,108 $124,700 $20,000 $104,700
2017 $936 $125,900 $20,000 $105,900
2016 $798 $125,900 $20,000 $105,900
2014 $726 $128,500 $20,000 $108,500
2013 $717 $126,600 $20,000 $106,600
Source: Public Records

Agents Affiliated with this Home

  • Russ Kruer

    Seller's Agent in 2016

    Russ Kruer

    RE/MAX

    (502) 291-2891

    63 Total Sales

    Russ Kruer
    Section Image
  • Tonja Aaron-Wells

    Buyer's Agent in 2016

    Tonja Aaron-Wells

    Keller Williams Louisville

    (502) 553-2113

    168 Total Sales

    Tonja Aaron-Wells
    Section Image
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Map

Indiana Washington County Salem 47167

1573 W Water Tower Rd, Salem, IN

This home is located at 1573 W Water Tower Rd, Salem, IN 47167 and is currently estimated at $263,426, approximately $168 per square foot. 1573 W Water Tower 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.

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