NOT LISTED FOR SALE

1597 S Blue River Rd Salem, IN 47167

Estimated Value: $331,861 - $454,000

4 Beds
2 Baths
2,096 Sq Ft
$182/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $232,000 $111 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,251/month

Highlights

  • 60 Acre Lot
  • Wooded Lot
  • Covered Patio or Porch
  • East Washington Elementary School Rated 9+
  • Pole Barn
  • Formal Dining Room

About This Home

As of December 2017

Great location and great country property....60+ acres mostly wooded with 8-10 acres of open ground. Home has a total of 4 BD, 2 BA and over 2,000 s.f. Detached concrete block garage/shop and a 52' x 60' polebarn. Would make great horse or hunting property. Easy accessibility to I-65. Home will not quality for FHA. Selling as-is.

Last Agent to Sell the Property

Lori Gilstrap

The Day Company REALTORS License #RB14047190 Listed on: 12/07/2017

Last Buyer's Agent

Lori Gilstrap

The Day Company REALTORS License #RB14047190 Listed on: 12/07/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $770

Year Built

  • Built in 1927

Lot Details

  • 60 Acre Lot
  • Wooded Lot
  • Garden
  • Property is zoned Agriculture

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,096 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Covered Patio or Porch
  • Pole Barn
  • Shed

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 882630000012000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$770

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Improvements: 70800
  • Annual Tax: 770
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 49700
  • Legal Description: PT NE SW 30-2-6 30. AC PT NW SE 30-2-6 2.54 AC PT SE NW 30-2-6 28. AC
  • Out Buildings: Garage, Shed
  • Parcel Number: 882630000012000004
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 120500
  • Total Deduction Amnt: 71305
  • Total Finished Square Footage: 2096
  • Type: 1.5 Story
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Partial, Unfinished
  • Above Grade Finished Sq Ft: 2096.00
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Interior Amenities: Formal Dining Rm
  • Lot Sq Ft: 2613600.00
  • Room Count: 8
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2096
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Access. Features, Covered Porch

Garage/Parking

  • Garage Type: Detached, Pole Barn
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 60.0000
  • Lot Description: Garden Area, Wooded Lot
  • Zoning: Agriculture

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2017
Closed on
Dec 28, 2017
Sold by
Gregory Poehlein
Bought by
Greg Kramer
Seller's Agent
Lori Gilstrap
The Day Company REALTORS
Buyer's Agent
Lori Gilstrap
The Day Company REALTORS
List Price
$229,900
Sold Price
$232,000
Premium/Discount to List
$2,100
0.91%
Current Estimated Value
$380,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,465
Avg. Annual Appreciation
6.51%

Purchase Details

Listed on
Dec 7, 2017
Closed on
Nov 14, 2017
Sold by
Poehlein Nancy M
Bought by
Poehlein Gregory K
Seller's Agent
Lori Gilstrap
The Day Company REALTORS
Buyer's Agent
Lori Gilstrap
The Day Company REALTORS
List Price
$229,900
Sold Price
$232,000
Premium/Discount to List
$2,100
0.91%
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
Greg Kramer $232,000 --
Poehlein Gregory K -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2017 12/28/17 Sold $232,000 +0.9% $111 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
12/07/2017 12/07/17 For Sale $229,900 -- $110 / 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 $3,069 $173,800 $54,500 $119,300
2023 $2,995 $163,400 $48,800 $114,600
2022 $2,913 $151,100 $42,700 $108,400
2021 $2,664 $133,200 $39,500 $93,700
2020 $2,439 $121,900 $39,400 $82,500
2019 $2,440 $124,200 $43,600 $80,600
2018 $2,339 $122,900 $44,400 $78,500
2017 $904 $126,300 $47,800 $78,500
2016 $770 $120,500 $49,700 $70,800
2014 $754 $124,400 $51,000 $73,400
2013 $666 $113,900 $48,100 $65,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2017011120

Southern Indiana REALTORS® Association

APN: 88-26-30-000-012.000-004