NOT LISTED FOR SALE

1724 E Lewellen Rd Salem, IN 47167

Estimated Value: $325,889 - $397,000

3 Beds
2 Baths
2,658 Sq Ft
$139/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $264,500 $100 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,251/month

2 Days on Market

Highlights

  • Panoramic View
  • 2 Fireplaces
  • First Floor Utility Room
  • Secluded Lot
  • Covered patio or porch
  • Formal Dining Room

About This Home

As of October 2019

Do not miss this ONE! This beautifully updated farmhouse with tons of charm and character sitting on over 8 acres just a few minutes north of Salem. This amazing 3 Bed and 2 Bath home has some the best views in Southern Indiana looking out of gently rolling farmland in all directions. The bedrooms are all extra large with a huge living/family room and huge dining room on the first floor. Both have fireplaces and hardwood floors! The large kitchen has tons of counters space and cabinets. Classic clawfoot tub in the main floor bathroom. The property also has a 2 bed and 1 bath guest house. Could have income potential or a great place for family to stay when visiting. Homes like this should not be missed! Schedule your showing today!

Last Listed By

Robert Gaines

Keller Williams Realty Consultants License #RB17001192 Listed on: 08/25/2019

Keller Williams Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,512

Year Built

  • Built in 1868

Lot Details

  • 8.69 Acre Lot
  • Secluded Lot

Parking

  • 1 Car Detached Garage

Property Views

  • Panoramic
  • Scenic Vista

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,658 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Decorative Fireplace
  • Gas Fireplace
  • Formal Dining Room
  • First Floor Utility Room
  • Utility Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • On Site Septic

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 883433000010001021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,512

Year Built

Built in 1868

Lot Details

0

Parking

1

Listing Details

  • Improvements: 87300
  • Annual Tax: 1512
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Crawl Space
  • Home Warranty Provided: America's Preferred
  • Land Assessment: 46800
  • Legal Description: PT SE 33-3-4 8.692 ACRES
  • Numof Fireplaces: 2
  • Parcel Number: 883433000010001021
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 134100
  • Total Deduction Amnt: 61204
  • Total Finished Square Footage: 2658
  • Type: 2 Story
  • Year Built: 1868
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 2658.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Gas Burning, Unknown, Decorative
  • Interior Amenities: 1st Floor Utility, Ceiling Fan(s), Formal Dining Rm, Utility/Mud Room
  • Lot Sq Ft: 378536.40
  • Room Count: 7
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2658
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Covered Porch, Vinyl Siding
  • Home Warranty: Yes

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 8.6900
  • Lot Description: Panoramic View, Scenic View, Secluded Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2019
Closed on
Oct 18, 2019
Sold by
Hamilton Seth R and Hamilton Bethany
Bought by
Wadsworth Henry B and Wadsworth Jillian
Seller's Agent
Robert Gaines
Keller Williams Realty Consultants
Buyer's Agent
Vince Hopper
eXp Realty, LLC
List Price
$269,900
Sold Price
$264,500
Premium/Discount to List
-$5,400
-2%
Total Days on Market
2
Current Estimated Value
$370,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,222
Avg. Annual Appreciation
6.20%
Original Mortgage
$224,825
Outstanding Balance
$199,542
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,180

Purchase Details

Closed on
Jun 28, 2007
Sold by
Jackson Rex A
Bought by
Hamilton Seth R and Hamilton Bethany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.42%
Mortgage Type
New Conventional

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
Wadsworth Henry B $264,500 --
Hamilton Seth R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wadsworth Henry B $224,825
Previous Owner Hamilton Sath R $210,289
Previous Owner Hamilton Seth R $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $264,500 -2.0% $100 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
08/25/2019 08/25/19 For Sale $269,900 -- $102 / 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 $2,112 $199,200 $46,800 $152,400
2023 $2,262 $202,600 $46,800 $155,800
2022 $2,365 $205,000 $46,800 $158,200
2021 $2,169 $205,900 $52,800 $153,100
2020 $2,433 $192,300 $52,800 $139,500
2019 $1,610 $141,000 $52,800 $88,200
2018 $1,512 $134,100 $46,800 $87,300
2017 $1,339 $134,700 $46,800 $87,900
2016 $1,204 $133,600 $46,800 $86,800
2014 $1,172 $134,600 $46,800 $87,800
2013 $1,167 $131,600 $46,800 $84,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2019010278

Southern Indiana REALTORS® Association

APN: 88-34-33-000-010.001-021