NOT LISTED FOR SALE

1587 N Sparks Ferry Rd Salem, IN 47167

Estimated Value: $222,270 - $273,000

4 Beds
1 Bath
1,996 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 27, 2017

Last sale price $147,500 $74 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,453/month

41 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • Garage

About This Home

As of June 2017

Very well-maintained, UPDATED throughout, country charmer but close to town! Great location! Large home with approx. 1,800 +/- sq. ft - 4 BEDROOM/1 bath home, large living room, large family room w/loft area (as 4th bedroom if needed) and large dining rooms with a very large 4-CAR DETACHED garage with CONCRETE & ELECTRIC! This home also offers a large 18x30 shed with lean-to, large deck and lots of landscaping and mature trees! A MUST SEE!

Last Agent to Sell the Property

Jennifer Jordan

Lighthouse Realty Group, Inc License #RB14031558 Listed on: 04/19/2017

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $534

Year Built

  • Built in 1905

Lot Details

  • 0.52 Acre Lot

Parking

  • Garage

Home Design

  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,996 Sq Ft Home
  • 1.5-Story Property
  • Non-Functioning Fireplace
  • Formal Dining Room
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Basement Cellar
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 882408000014000021

Home Details

Home Type

Single Family

Est. Annual Taxes

$534

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1905
  • Garage Y N: Yes
  • Lot Size Acres: 0.518
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Very well-maintained, UPDATED throughout, country charmer but close to town! Great location! Large home with approx. 1,800 +/- sq. ft - 4 BEDROOM/1 bath home, large living room, large family room w/loft area (as 4th bedroom if needed) and large dining rooms with a very large 4-CAR DETACHED garage with CONCRETE & ELECTRIC! This home also offers a large 18x30 shed with lean-to, large deck and lots of landscaping and mature trees! A MUST SEE!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar, Partial, Unfinished
  • Appliances: Dishwasher, Refrigerator
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Non Functional
  • Fireplaces: 1
  • Living Area: 1996
  • Other Equipment: Not Applicable
  • Room Count: 2
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1852
  • Main Level Sq Ft: 1852
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1996
  • Below Grade Sq Ft: 144
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Cellar

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space, Other
  • List Price: 149900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Other/See Remarks
  • Garage Parking Description: 4+ Car Detached

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 882408000014000021
  • Acres: 1/2-1 Acre
  • Lot Number: 0
  • Lot Size: 0.518

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 534
  • Semi Annual Property Tax Amt: 267
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2017
Closed on
Jun 27, 2017
Sold by
Grandhoefer Seth A and Grandhoefer Sarah E
Bought by
Reynolds Heather A and Reynolds Brent
Seller's Agent
Jennifer Jordan
Lighthouse Realty Group, Inc
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$149,900
Sold Price
$147,500
Premium/Discount to List
-$2,400
-1.6%
Current Estimated Value
$254,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,818
Avg. Annual Appreciation
6.80%
Original Mortgage
$144,827
Outstanding Balance
$121,976
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$132,342

Purchase Details

Listed on
May 29, 2014
Closed on
Nov 26, 2014
Sold by
Lloyd Lea Ann
Bought by
Grundhoefer Seth A and Grundhoefer Sarah E
Seller's Agent
Mark Day
The Day Company REALTORS
Buyer's Agent
Mark Day
The Day Company REALTORS
List Price
$149,900
Sold Price
$139,500
Premium/Discount to List
-$10,400
-6.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%
Original Mortgage
$137,244
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2011
Sold by
Lloyd Timmie R and Lloyd Lea Ann
Bought by
Lloyd Lea Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,521
Interest Rate
4.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 7, 2008
Sold by
Lloyd Lea Ann
Bought by
Lloyd Timmie R and Lloyd Lea Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
5.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 2005
Sold by
Lloyd Lea Ann
Bought by
Lloyd Lea Ann
Source: Public Records

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
Reynolds Heather A $147,500 None Available
Grundhoefer Seth A -- None Available
Lloyd Lea Ann -- None Available
Lloyd Timmie R -- None Available
Lloyd Lea Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Heather A $144,827
Previous Owner Grundhoefer Seth A $137,244
Previous Owner Lloyd Lea Ann $128,521
Previous Owner Lloyd Timmie R $121,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2017 06/27/17 Sold $147,500 -1.6% $74 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $149,900 +7.5% $75 / Sq Ft
11/26/2014 11/26/14 Sold $139,500 -6.9% $75 / Sq Ft View Prior Sale
08/27/2014 08/27/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $149,900 -- $81 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,189 $144,200 $15,300 $128,900
2023 $1,186 $135,700 $15,300 $120,400
2022 $1,134 $130,800 $15,300 $115,500
2021 $1,081 $116,500 $15,300 $101,200
2020 $894 $107,900 $15,300 $92,600
2019 $773 $102,200 $15,300 $86,900
2018 $698 $94,800 $15,300 $79,500
2017 $623 $95,800 $15,300 $80,500
2016 $548 $94,800 $15,300 $79,500
2014 $517 $95,500 $15,300 $80,200
2013 $518 $94,900 $15,300 $79,600
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Jordan

    Seller's Agent in 2017

    Jennifer Jordan

    Lighthouse Realty Group, Inc

    (812) 620-1711

    127 Total Sales

    Jennifer Jordan
    Section Image

  • N

    Buyer's Agent in 2017

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • I

    Buyer's Agent in 2017

    IUO Non-BLC Member

    Non-BLC Office

  • Mark Day

    Seller's Agent in 2014

    Mark Day

    The Day Company REALTORS

    (812) 620-1034

    142 Total Sales

    Mark Day
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21479536

MIBOR Broker Listing Cooperative®

APN: 88-24-08-000-014.000-021

Indiana Washington County Salem 47167

1587 N Sparks Ferry Rd, Salem, IN

This home is located at 1587 N Sparks Ferry Rd, Salem, IN 47167 since 19 April 2017 and is currently estimated at $254,318, approximately $127 per square foot. This property was built in 1905. 1587 N Sparks Ferry 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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