NOT LISTED FOR SALE

1870 N Sparks Ferry Rd Salem, IN 47167

Estimated Value: $382,000 - $435,295

5 Beds
3 Baths
3,000 Sq Ft
$132/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $450,000 $150 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,406/month

111 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Cathedral Ceiling
  • 1 Acre Lot
  • Deck
  • First Floor Utility Room

About This Home

As of December 2021

You will not want to miss the opportunity to view this beautiful new construction home on a 1 acre lot! 5 bedrooms and 3 full baths! Finished walk out basement! Lots of custom features and upgrades throughout including the custom kitchen and trim work! Space is the optimal word inside and out! The exterior HardiePlank siding is beautiful in white with black windows and trim! This large open floor plan offers tons of area in the vaulted great room with hardwood floors that flow into the kitchen and dining area! The designer kitchen will make you the envy of all your friends! It will feature white cabinets, custom hood, granite countertops, and a contrasting color island with breakfast bar! Large panty! The dining area overlooks the spacious back yard and fields behind the home! The main floor has 3 good size bedrooms including the owner's bedroom with an en-suite spa-like bathroom featuring a soaking tub, ceramic tile shower, and a walk in closet! A 2nd full bathroom with ceramic tile and tiled laundry room/mud room round out the first floor! All the closets will have custom wood built-ins! Lots of additional space to spread out in the finished walk out basement! There is an oversized recreation/family room plus 2 more bedrooms and 3rd bathroom! 2 car attached side entry garage! All this and great location within walking distance of the new YMCA and 1 mile from the elementary, middle, and high schools in Salem! Call today for a private showing before this amazing home is SOLD!

Last Agent to Sell the Property

Chris Koerner

Property Advancement Realty License #RB14051669 Listed on: 07/14/2021

Last Buyer's Agent

Heather Borgmeier

Schuler Bauer Real Estate Services ERA Powered (N License #RB21001043

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 1 Acre Lot
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Poured Concrete
  • Hardboard

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Family Room
  • First Floor Utility Room
  • Storage
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath
  • Ceramic Tile in Bathrooms

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882408000028011022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,946

Year Built

Built in 2021 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Annual Tax: 48
  • Appointment: Mandatory
  • Construction: Under Construction
  • Foundation: Poured Concrete
  • Land Assessment: 8700
  • Legal Description: 13-08-600-028.000-13 PT NW SW 8-2-4 1ac Lot 6 Sparks Ferry Hills
  • New Construction: Yes
  • Parcel Number: 882408000028011022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 8700
  • Total Finished Square Footage: 3000
  • Type: 1 Story
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Water Heater: Electric
  • Basement Type: Finished, Walkout
  • Above Grade Finished Sq Ft: 1600.00
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Access. Features, Added Storage, Bath Master, Breakfast Bar, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Ceramic Bath, Eat-In Kitchen, Family Room, Garden Tub, Kitchen Island, Open Floor Plan, Split Bedrooms, Walk-In Closet(s)
  • Lot Sq Ft: 43560.00
  • Room Count: 12
  • Sewer Type: Sewer
  • Total Sq Ft: 3000
  • Total Rooms: 9

Exterior Features

  • Exterior Features: Access. Features, Deck, Hardboard Siding, Landscaped, Patio, Paved Driveway, Porch, Thermopane Windows

Garage/Parking

  • Garage Type: Attached, Side Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 1.0000
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Dec 20, 2021
Sold by
Port Building Systems Inc
Bought by
Scott Jeffrey J and Scott Teresa L
Seller's Agent
Chris Koerner
Property Advancement Realty
Buyer's Agent
Heather Borgmeier
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$434,900
Sold Price
$450,000
Premium/Discount to List
$15,100
3.47%
Current Estimated Value
$396,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,676
Avg. Annual Appreciation
-4.07%
Original Mortgage
$466,200
Outstanding Balance
$433,369
Interest Rate
2.98%
Mortgage Type
VA
Estimated Equity
-$47,030

Purchase Details

Closed on
Feb 4, 2021
Sold by
Future Development Llc
Bought by
Port Building Systems Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
2.6%
Mortgage Type
Commercial
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
Scott Jeffrey J $450,000 None Available
Port Building Systems Inc $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Jeffrey J $466,200
Previous Owner Port Building Systems Inc $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $450,000 +3.5% $150 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/21/2021 10/21/21 Price Changed $434,895 0.0% $145 / Sq Ft
07/14/2021 07/14/21 For Sale $434,900 -- $145 / 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 $2,946 $294,600 $28,300 $266,300
2023 $3,006 $300,600 $28,300 $272,300
2022 $2,999 $299,900 $28,300 $271,600
2021 $234 $8,700 $8,700 $0
2020 $48 $1,600 $1,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202109181

Southern Indiana REALTORS® Association

APN: 88-24-08-000-028.011-022