NOT LISTED FOR SALE

1606 N Sparks Ferry Rd Salem, IN 47167

Estimated Value: $453,000 - $489,000

5 Beds
3 Baths
3,750 Sq Ft
$125/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $445,900 $119 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,868/month

56 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • First Floor Utility Room
  • Panoramic View
  • Cathedral Ceiling
  • Balcony

About This Home

As of February 2022

Start the new year off right!!!! This 5 bed 3 full bath home that sits on 1 acre is everything you ever want and everything you ever need and it’s here right in front of you. This is where you want to be. Luxury detail and design throughout with huge areas inside and out for family gatherings and entertaining. Spacious 2 car attached garage with added rooms and closets throughout the home for all your storage needs. Schedule your showing now.

Last Agent to Sell the Property

Pete Chambers

eXp Realty, LLC License #RB18000243 Listed on: 11/20/2021

eXp Realty, LLC

Last Buyer's Agent

OUTSIDE AGENT

OUTSIDE COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,945

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1 Acre Lot
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Hardboard

Interior Spaces

  • 3,750 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Family Room
  • First Floor Utility Room
  • Storage
  • Utility Room
  • Panoramic Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 882408000028017022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,945

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 24
  • Appointment: Mandatory
  • Construction: New Construction
  • Foundation: Poured Concrete
  • Home Warranty Provided: yes
  • Land Assessment: 8700
  • Legal Description: 13-08-600-028.000-13 PT NW SW 8-2-4 1ac Lot 12 Sparks Ferry Hills
  • New Construction: Yes
  • Numof Fireplaces: 1
  • Open House Count: 1
  • Parcel Number: 882408000028017022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 8700
  • Total Finished Square Footage: 3750
  • Type: 1 Story
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Water Heater: Electric
  • Basement Type: Finished, Full
  • Above Grade Finished Sq Ft: 2050.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Added Storage, Bath Master, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Eat-In Kitchen, Family Room, Kitchen Island, Open Floor Plan, Pantry, Utility/Mud Room, Walk-In Closet(s)
  • Lot Sq Ft: 43560.00
  • Room Count: 11
  • Sewer Type: Sewer
  • Total Sq Ft: 3750
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Balcony, Hardboard Siding, Landscaped, Patio, 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: Heat Pump
  • 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
Nov 20, 2021
Closed on
Feb 9, 2022
Sold by
Andrew Smith
Bought by
Barnhill Matthew A and Barnhill Jennttifer M
Seller's Agent
Pete Chambers
eXp Realty, LLC
Buyer's Agent
OUTSIDE AGENT
OUTSIDE COMPANY
List Price
$469,900
Sold Price
$445,900
Premium/Discount to List
-$24,000
-5.11%
Total Days on Market
56
Current Estimated Value
$467,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,248
Avg. Annual Appreciation
1.10%
Original Mortgage
$295,900
Outstanding Balance
$277,363
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$185,008

Purchase Details

Closed on
Dec 21, 2020
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
$258,087
Interest Rate
2.8%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Barnhill Matthew A $445,900 New Title Company Name
Smith Andrew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnhill Jennifer M $80,000
Open Barnhill Matthew A $295,900
Previous Owner Smith Andrew $258,087
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $445,900 -0.9% $119 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
01/14/2022 01/14/22 Price Changed $449,900 -2.2% $120 / Sq Ft
12/03/2021 12/03/21 Price Changed $459,900 -2.1% $123 / Sq Ft
11/20/2021 11/20/21 For Sale $469,900 -- $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 $2,945 $294,500 $28,300 $266,200
2023 $3,005 $300,500 $28,300 $272,200
2022 $3,063 $306,300 $28,300 $278,000
2021 $261 $8,700 $8,700 $0
2020 $48 $1,600 $1,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Pete Chambers

    Seller's Agent in 2022

    Pete Chambers

    eXp Realty, LLC

    (502) 541-1328

    64 Total Sales

    Pete Chambers
    Section Image

  • O

    Buyer's Agent in 2022

    OUTSIDE AGENT

    OUTSIDE COMPANY

See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2021012112

Southern Indiana REALTORS® Association

APN: 88-24-08-000-028.017-022

Indiana Washington County Salem 47167

1606 N Sparks Ferry Rd, Salem, IN

This home is located at 1606 N Sparks Ferry Rd, Salem, IN 47167 since 20 November 2021 and is currently estimated at $467,148, approximately $124 per square foot. This property was built in 2021. 1606 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.

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