NOT LISTED FOR SALE

1575 W Water Tower Rd Salem, IN 47167

Estimated Value: $232,000 - $303,000

3 Beds
2.5 Baths
2,145 Sq Ft
$121/Sq Ft Est. Value

Last Sold January 22, 2018

Last sale price $126,000 $59 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,473/month

Highlights

  • Scenic Views
  • Deck
  • Pole Barn
  • 11.64 Acre Lot
  • Pond
  • Covered Patio or Porch

About This Home

As of January 2018

11+ acres perfect for HORSE LOVERS or the HUNTER AT HEART.... almost 1,300 s.f. on a full walkout basement and polebarn garage. Property boasts a decorative pond on the homesite and an additional stocked pond for animals. Food plots previously established. Property is partially fenced. Home will pass FHA, VA or USDA. Enjoy your coffee on the back deck and enjoy the abundance of wildlife!!

Last Agent to Sell the Property

Lori Gilstrap

The Day Company REALTORS License #RB14047190 Listed on: 08/21/2017

Last Buyer's Agent

Kym Young

License #RB16000267

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $314

Year Built

  • Built in 1995

Lot Details

  • 11.64 Acre Lot
  • Landscaped
  • Garden

Parking

  • 3 Car Detached Garage
  • Basement Garage

Property Views

  • Scenic Vista
  • Hills

Home Design

  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2,145 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Thermal Windows
  • Window Screens
  • First Floor Utility Room
  • Storage
  • Utility Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Pond
  • Deck
  • Covered Patio or Porch
  • Pole Barn

Farming

  • Cattle
  • Horse Farm

Mobile Home

  • Double Wide

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 883431000017001021

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$314

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Improvements: 58200
  • Annual Tax: 314
  • Appointment: Mandatory
  • Construction: Manufd. Double Wide
  • Foundation: Poured Concrete
  • Land Assessment: 29700
  • Legal Description: PT SE 31-3-4 11.642 AC
  • Out Buildings: Garage
  • Parcel Number: 883431000017001021
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 87900
  • Total Deduction Amnt: 71768
  • Total Finished Square Footage: 2145
  • Type: 1 Story
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Outside Entrance, Partially Finished, Walkout
  • Above Grade Finished Sq Ft: 1296.00
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Added Storage, Breakfast Bar, Ceiling Fan(s), Skylights, Utility/Mud Room, Walk-In Closet(s)
  • Lot Sq Ft: 507038.40
  • Room Count: 11
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2145
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Covered Porch, Deck, Landscaped, Screens, Thermopane Windows, Vinyl Siding

Garage/Parking

  • Garage Type: Basement, Detached, Pole Barn
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 11.6400
  • Farm Type: Cattle, Horse
  • Lot Description: Garden Area, Hill/Knobs View, Scenic View
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2017
Closed on
Jan 22, 2018
Sold by
Hatfield Patricia Faye
Bought by
Pate John G
Seller's Agent
Lori Gilstrap
The Day Company REALTORS
Buyer's Agent
Kym Young
List Price
$134,900
Sold Price
$126,000
Premium/Discount to List
-$8,900
-6.6%
Current Estimated Value
$260,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,454
Avg. Annual Appreciation
9.86%
Original Mortgage
$126,000
Outstanding Balance
$106,302
Interest Rate
3.93%
Mortgage Type
VA
Estimated Equity
$154,152

Purchase Details

Closed on
Mar 1, 2015
Sold by
Crecelius Maria
Bought by
Purlee Wes

Purchase Details

Closed on
Jul 30, 2014
Sold by
Crecelius Gerald L and Crecelius Maria
Bought by
Hatfield Dustin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.11%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Pate John G $126,000 Salem Title Corp
Purlee Wes $20,000 None Available
Hatfield Dustin E -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pate John G $126,000
Previous Owner Hatfield Dustin E $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2018 01/22/18 Sold $126,000 -5.2% $59 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
11/30/2017 11/30/17 Price Changed $132,900 -1.5% $62 / Sq Ft
11/07/2017 11/07/17 For Sale $134,900 0.0% $63 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $134,900 -- $63 / 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 $1,048 $116,300 $31,900 $84,400
2023 $1,005 $112,400 $29,300 $83,100
2022 $945 $105,400 $26,500 $78,900
2021 $855 $91,100 $25,000 $66,100
2020 $772 $83,000 $24,900 $58,100
2019 $772 $82,900 $26,900 $56,000
2018 $794 $82,900 $27,200 $55,700
2017 $330 $91,400 $28,900 $62,500
2016 $314 $87,900 $29,700 $58,200
2014 $127 $84,700 $30,300 $54,400
2013 $342 $82,400 $26,900 $55,500
Source: Public Records

Agents Affiliated with this Home

  • Lori Gilstrap

    Seller's Agent in 2018

    Lori Gilstrap

    The Day Company REALTORS

    (812) 620-0392

    100 Total Sales

    Lori Gilstrap
    Section Image

  • K

    Buyer's Agent in 2018

    Kym Young

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201708922

Southern Indiana REALTORS® Association

APN: 88-34-31-000-017.001-021

Indiana Washington County Salem 47167

1575 W Water Tower Rd, Salem, IN

This home is located at 1575 W Water Tower Rd, Salem, IN 47167 since 21 August 2017 and is currently estimated at $260,454, approximately $121 per square foot. This property was built in 1995. 1575 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.

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.

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