NOT LISTED FOR SALE

1600 N Sparks Ferry Rd Salem, IN 47167

Estimated Value: $369,000 - $493,938

5 Beds
3 Baths
4,003 Sq Ft
$107/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $499,900 $125 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $2,594/month

19 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • First Floor Utility Room
  • Panoramic View
  • Covered patio or porch
  • Balcony

About This Home

As of June 2022

Let these COUNTRY ROADS TAKE YOU HOME!!!!! This 5 bed 3 full bath home on 1 acre is where you belong. High quality craftsmanship meets luxury design with the layout of this beautiful brand new home. The spacious kitchen includes an 8x4 Butlers Pantry and kitchen island. The first floor has 3 bedrooms & 2 full baths and a balcony. The huge master bath is detailed by his & her sinks, separate shower & bath and 12x9 walk in closet. The basement has a 59x36 family room with a wet bar. There are also 2 additional bedrooms and a full bathroom with an extra 40x12 room for storage to round out the basement. If you want space and land then come out to Salem. Your jaws will hit the floor while viewing this spectacular home so schedule your showing today.

Last Listed By

Pete Chambers

eXp Realty, LLC License #RB18000243 Listed on: 04/15/2022

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,656

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1 Acre Lot
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Frame Construction
  • Hardboard

Interior Spaces

  • 4,003 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Thermal Windows
  • Family Room
  • First Floor Utility Room
  • Storage
  • Utility Room
  • Panoramic Views

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Finished Basement

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

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,656

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 48
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Home Warranty Provided: yes
  • Land Assessment: 1600
  • Legal Description: 13-08-600-028.000-13 PT NW SW 8-2-4 1ac Lot 13 Sparks Ferry Hills
  • New Construction: Yes
  • Parcel Number: New
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 1600
  • Total Finished Square Footage: 4003
  • Type: 1 Story
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Water Heater: Electric
  • Basement Type: Finished, Full, Walkout
  • Above Grade Finished Sq Ft: 2183.00
  • Appliances: Dishwasher, Disposal, Freezer, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Added Storage, Bath Master, Ceiling Fan(s), Eat-In Kitchen, Family Room, Kitchen Island, Open Floor Plan, Pantry, Utility/Mud Room, Walk-In Closet(s), Wet Bar
  • Lot Sq Ft: 43560.00
  • Room Count: 14
  • Sewer Type: Sewer
  • Total Sq Ft: 4003
  • Total Rooms: 11

Exterior Features

  • Exterior Features: Balcony, Covered Patio, Hardboard Siding, Landscaped, Paved Driveway, Thermopane Windows
  • Home Warranty: Yes

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 1.0000
  • Lot Description: Panoramic View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jun 7, 2022
Sold by
Smith and Courtney
Bought by
Cooper William A and Cooper Dena F
Seller's Agent
Pete Chambers
eXp Realty, LLC
Buyer's Agent
Pete Chambers
eXp Realty, LLC
List Price
$499,900
Sold Price
$499,900
Total Days on Market
19
Current Estimated Value
$427,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,921
Avg. Annual Appreciation
-5.20%

Purchase Details

Closed on
Jun 29, 2021
Sold by
Future Development Llc
Bought by
Smith Andrew and Smith Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
2.93%
Mortgage Type
Commercial

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
Cooper William A -- None Listed On Document
Smith Andrew $28,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Andrew $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $499,900 0.0% $125 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $499,900 -- $125 / 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 $2,656 $265,600 $28,300 $237,300
2023 $2,735 $273,500 $28,300 $245,200
2022 $3,120 $312,000 $28,300 $283,700
2021 $48 $1,600 $1,600 $0
2020 $48 $1,600 $1,600 $0
Source: Public Records

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Source: Southern Indiana REALTORS® Association

MLS Number: 202208178

Southern Indiana REALTORS® Association

APN: 88-24-08-000-028.018-022