$139,500
SOLD NOV 26, 2014

1587 N Sparks Ferry Rd Salem, IN 47167

3 Beds
1 Bath
1,852 Sq Ft
0.52 Acres

Recently Sold

$75 Per Sq Ft

7% Below List Price

90 Days on Market

Highlights

  • Barn
  • Deck
  • Park or Greenbelt View
  • Spa
  • Wood Burning Stove
  • Loft

About This Home

As of June 2017

IMMACULATE COUNTRY CHARM THAT IS CLOSE TO TOWN....Great Location on the North edge of town. Large country home (new flooring, paint, bathroom, counter tops, kitchen appliances) on a beautiful landscaped .518 acres. If that is not enough, property also includes a 24x40 garage built in 2008 and a 27' above ground pool, 18x30 shed with lean-to, hot tub, covered front porch, and large deck. Great opportunity and MUST SEE to appreciate.

Last Agent to Sell the Property

Mark Day

The Day Company REALTORS License #RB14030049 Listed on: 05/29/2014

Last Buyer's Agent

Mark Day

The Day Company REALTORS License #RB14030049 Listed on: 05/29/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1905

Lot Details

  • 0.52 Acre Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Garden
  • Property is zoned Agri/ Residential

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Stone Foundation
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 1,852 Sq Ft Home
  • 1.5-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Thermal Windows
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Bonus Room
  • First Floor Utility Room
  • Park or Greenbelt Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Sump Pump
  • Basement Cellar
  • Crawl Space

Pool

  • Spa
  • Above Ground Pool

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Propane
  • Electric Water Heater
  • On Site Septic
  • Multiple Phone Lines
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 882408000014000021

Home Details

Home Type

Single Family

Est. Annual Taxes

$518

Year Built

Built in 1905

Lot Details

0

Parking

4

Listing Details

  • Improvements: 79600
  • Annual Tax: 518
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Mortgage, Supplemental Homestd
  • Foundation: Rock
  • Land Assessment: 15300
  • Legal Description: 13-08-200-014.000-13 WH NW 8-2-4 .518 Ac
  • Numof Fireplaces: 1
  • Out Buildings: Adds, Garage, Barn(s)
  • Parcel Number: 882408000014000021
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 94900
  • Total Deduction Amnt: 61055
  • Total Finished Square Footage: 1852
  • Type: 1.5 Story
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar, Crawl Space
  • Above Grade Finished Sq Ft: 1852.00
  • Appliances: Dishwasher, Garage Door Opener, Microwave, Range / Oven, Refrigerator, Satellite
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Fireplace: Wood Stove
  • Interior Amenities: 1st Floor Utility, Bonus Room, Built-In Bookcase, Cable Wired, Ceiling Fan(s), Den/Office, Family Room, Formal Dining Rm, Loft, Multi Phone Lines, Natural Wood Trim, Sump Pump
  • Lot Measurement: Acres
  • Lot Sq Ft: 22564.00
  • Room Count: 8
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1852
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Covered Porch, Deck, Fenced Yard, Hot Tub, Landscape Lighting, Landscape Water, Landscaped, Paved Driveway, Pool - Above Ground, Thermopane Windows

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 4
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Lp Gas, Wood
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.5200
  • Lot Description: Garden Area, Irrg, Park-Like View
  • Zoning: Agri/ Residential

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%
Total Days on Market
90
Current Estimated Value
$265,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,513
Avg. Annual Appreciation
7.65%
Original Mortgage
$144,827
Outstanding Balance
$123,351
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$141,662

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

Similar Homes in Salem, IN

  • 105 Lincoln St, Salem, IN 47167

    $144,900

    • 4 Beds
    • 1 Bath
    • 1,508 Sq Ft
    • 105 Lincoln St
    • Salem, IN

    FOUR BEDROOMS! Discover this exceptional residence situated in the heart of Salem, Indiana. Nestled on two expansive lots, this property boasts an abundance of shade trees in the front and side yards. The backyard features a spacious walk-out deck, perfectly positioned for taking in the picturesque views. A concrete slab adjoins the walkout basement, while the fenced-in backyard provides a secure

    Mike Ashby

    Section Image
  • 910 N College Ave, Salem, IN 47167

    $155,000

    • 3 Beds
    • 1 Bath
    • 832 Sq Ft
    • 910 N College Ave
    • Salem, IN

    Welcome to 910 N College Avenue ? a beautifully updated 3-bedroom, 1-bath home that?s perfect for first-time buyers or anyone looking for comfort, style, and low maintenance! Nearly everything is NEW, including high-efficiency HVAC, insulated doors, replacement windows, LED lighting, and a durable metal roof. The spacious, light-filled open kitchen and living area create an inviting space for

    Nikki Wilson Schuler Bauer Real Estate Services ERA Powered (N

    Section Image
  • 800 Hayes Ave, Salem, IN 47167

    $184,900

    • 4 Beds
    • 1.5 Baths
    • 1,650 Sq Ft
    • 800 Hayes Ave
    • Salem, IN

    What a great opportunity to own this remodeled 4 bedroom, 2 bath home nestled in the heart of Salem! Offering an open concept and split bedrooms. This home is equipped with a rooftop SOLAR PANEL SYSTEM, cutting back on the costs of electricity, also providing power for your essential appliances during power outages with an indoor GENERAC PWRcell SYSTEM. Don't miss out on this one! Call to

    Mary Finkle Mainstreet Realtors

    Section Image
  • 402 Salem Ave, Salem, IN 47167

    $184,900

    • 3 Beds
    • 2 Baths
    • 1,422 Sq Ft
    • 402 Salem Ave
    • Salem, IN

    Fully renovated 3 bedroom, 2 bathroom home in the city limits of Salem. This 1400+ square foot home has plenty of space and storage areas. The 3 bedroom layout is spaced out and has room for additional living quarters. Home has a new roof, new HVAC, new plumbing, new electric, new flooring, and new appliances. Perfect for a first time home buyer or someone looking for a carefree home. Seller is a

    William Kramer JPAR Aspire

    Section Image
  • 409 N Water St, Salem, IN 47167

    $165,000

    • 3 Beds
    • 1.5 Baths
    • 1,520 Sq Ft
    • 409 N Water St
    • Salem, IN

    ONCE IN A LIFETIME OPPORTUNITY TO OWN AN INDIANA LANDMARKS PROPERTY...with a history documented from 1815, this former school house features gorgeous woodwork, pocket doors, cast iron heat radiators, antique fixtures and ornate fireplace and mantle. This home has been updated although the historic charm remains as you enter with living and family rooms, eat-in kitchen, 3 bedrooms and 1 1/2

    Linda Ward Temple eXp Realty, LLC

    Section Image
  • 204 Grandview Dr, Salem, IN 47167

    $169,900

    • 2 Beds
    • 1 Bath
    • 1,281 Sq Ft
    • 204 Grandview Dr
    • Salem, IN

    New List Price! Check It Out! Be sure to check out this nice Bedford stone home with lots of possibilities. This 2 bedroom 1 bath home has the potential for more bedroom space and bathroom space. It is located in the heart of Salem and is within minutes of all amenities. Call today and take immediate possession of this home after closing!

    Doug Dillon Brixton Realty

    Section Image
  • 4313 E Canton Rd, Salem, IN 47167

    $182,500

    • 3 Beds
    • 1 Bath
    • 4,026 Sq Ft
    • 4313 E Canton Rd
    • Salem, IN

    Multiple Opportunities with this unique property! LIVE WHERE YOU WORK!! BUSINESS LOCATION on one side with a 46 x 22 store front with some new exterior metal and new heater in store and plenty of parking. Previous businesses included a variety store and floral shop. Over 4,000 sq. ft. total to work with. Also included is a 3-4 BR, 1 BA LIVING QUARTERS with OPEN FLOOR PLAN, Kitchen with

    Debbie Curtis Mainstreet Realtors

    Section Image
  • 1533 S State Road 60, Salem, IN 47167

    $170,000

    • 3 Beds
    • 2 Baths
    • 2,276 Sq Ft
    • 1533 S State Road 60
    • Salem, IN

    Income producing property alert...... WONDERFUL LOCATION....This main 876 sq. ft. house features 3 bedroom, 1 bath, large enclosed front porch, large kitchen, 2 car det 24' x 32' garage with new doors, concrete, & electric. The main house & garage has a large paved driveway, garden area, country view back yard, large concrete patio for entertaining with a hot tub hook-up. The attached efficiency

    Sherri Purkhiser The Day Company REALTORS

    Section Image
See All Homes in Salem

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deed $147,500 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $14,998 Stand Alone Second
Open $144,827 FHA
Previous Owner $137,244 New Conventional
Previous Owner $128,521 Adjustable Rate Mortgage/ARM
Previous Owner $121,600 Adjustable Rate Mortgage/ARM
Previous Owner $13,700 Future Advance Clause Open End Mortgage
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
08/27/2014 08/27/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $149,900 -- $81 / 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 $1,189 $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

    135 Total Sales

    Jennifer Jordan
    Section Image

  • N

    Buyer's Agent in 2017

    Non-BLC Member

    MIBOR REALTOR® Association

    (317) 956-1912

    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

    136 Total Sales

    Mark Day
    Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201403819

Southern Indiana REALTORS® Association

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 and is currently priced at $139,500, approximately $75 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.

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.

Nearby Homes