NOT LISTED FOR SALE

1615 N Sparks Ferry Rd Salem, IN 47167

Estimated Value: $189,000 - $280,000

3 Beds
1.5 Baths
2,170 Sq Ft
$110/Sq Ft Est. Value

Last Sold July 23, 2015

Last sale price $64,900 $30 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $1,436/month

59 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace
  • 1-Story Property

About This Home

As of July 2015

SALEM REAL ESTATE AUCTION, COURT ORDERED BY US BANKRUPTCY, BIDDING ENDS ON TUES. JUNE 9! INFO:Includes a well-presented ranch style home situated on a one acre lot just north of Salem right off of IN-135. Home highlights: 2170 +/- SF, 3BR/1.5BA, yr-1957, hardwood flooring, creek stone fireplace/chimney, vaulted ceilings w/exposed timbers, replacement windows, hot tub room, & an attached two-car garage. Exterior highlights: recent vinyl siding/roof, rear stone patio area, mature shade, & black-top driveway. Mechanicals: LP forced air furnace & central air. Home interior is in need of repairs & updates!

Last Agent to Sell the Property

Brian Beckort

Beckort Auctions, LLC License #RB14035061 Listed on: 05/05/2015

Last Buyer's Agent

Lori Gilstrap

The Day Company REALTORS License #RB14047190

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $152

Year Built

  • Built in 1957

Lot Details

  • 1 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2,170 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Natural Gas Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 882408000016000021

Home Details

Home Type

Single Family

Est. Annual Taxes

$152

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Improvements: 99500
  • Annual Tax: 152
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Disabled Veteran, Homestead Standard, Supplemental Homestd
  • Land Assessment: 20000
  • Legal Description: PT WH NW 8-2-4 1.AC
  • Lot Dimensions: Unknown
  • Parcel Number: 882408000016000021
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 119500
  • Total Finished Square Footage: 2170
  • Type: 1 Story
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 2170.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Insert, Woodburning
  • Lot Measurement: Acres
  • Lot Sq Ft: 43560.00
  • Room Count: 6
  • Sewer Type: Unknown
  • Total Sq Ft: 2170
  • Total Rooms: 5

Garage/Parking

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

Utilities

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

Lot Info

  • Acres: 1.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2020
Sold by
Cole Carol A
Bought by
Raye Ethan E and Raye Katelyn
Total Days on Market
59
Current Estimated Value
$239,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Listed on
May 5, 2015
Closed on
Jun 23, 2015
Sold by
Pry Kathryn L and Bankruptcy Estate Of Judith An
Bought by
Cole James F and Cole Carol
Seller's Agent
Brian Beckort
Beckort Auctions, LLC
Buyer's Agent
Lori Gilstrap
The Day Company REALTORS
List Price
$64,900
Sold Price
$64,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%
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
Raye Ethan E $105,000 Limestone Title & Escrow Llc
Cole James F -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rate Ethan E $210,000
Closed Raye Ethan E $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2015 07/23/15 Sold $64,900 0.0% $30 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $64,900 -- $30 / 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 $1,127 $179,800 $20,000 $159,800
2023 $971 $167,800 $20,000 $147,800
2022 $946 $161,000 $20,000 $141,000
2021 $806 $142,200 $20,000 $122,200
2020 $595 $130,600 $20,000 $110,600
2019 $1,037 $128,000 $20,000 $108,000
2018 $913 $116,800 $20,000 $96,800
2017 $789 $120,100 $20,000 $100,100
2016 $655 $119,000 $20,000 $99,000
2014 $152 $119,500 $20,000 $99,500
2013 $127 $116,600 $20,000 $96,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201503079

Southern Indiana REALTORS® Association

APN: 88-24-08-000-016.000-021