NOT LISTED FOR SALE

202 N Posey St Salem, IN 47167

Estimated Value: $116,000 - $158,776

2 Beds
1 Bath
1,700 Sq Ft
$85/Sq Ft Est. Value

Last Sold January 18, 2023

Last sale price $122,000 $72 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $836/month

27 Days on Market

Highlights

  • Wood Burning Stove
  • Shed
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • 1-Story Property
  • 3-minute walk to Rielys Park

About This Home

As of January 2023

This home is right in the heart of Salem Indiana and sets on a large corner lot. Imagine yourself curled up in this cozy reading nook having a perfect view of Salem’s beautiful courthouse. This house also features a 890 sq un-finished walk out basement with washer and dryer hookup. Enter into the back of the home from the driveway into a nice setting room with a wood burning fireplace.

Last Agent to Sell the Property

Mike Ashby

License #RB22000417 Listed on: 11/18/2022

Last Buyer's Agent

Emily Terry

Kovener & Associates Real Esta License #RB22001536

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $564

Year Built

  • Built in 1940

Lot Details

  • 0.25

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Gas Available
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Shed
  • 0.25 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 0220046517

Home Details

Home Type

Single Family

Est. Annual Taxes

$564

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Improvements: 50200
  • Annual Tax: 564
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Brick (Solid)
  • Land Assessment: 13500
  • Legal Description: CHASTAIN LOT 4
  • Numof Fireplaces: 1
  • Out Buildings: Shed
  • Parcel Number: 0220046517
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 63700
  • Total Deduction Amnt: 50608
  • Total Finished Square Footage: 1700
  • Type: 1 Story
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Unfinished, Walkout
  • Above Grade Finished Sq Ft: 1700.00
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace: Wood Stove
  • Interior Amenities: Ceiling Fan(s), Wood Stove
  • Lot Sq Ft: 10933.56
  • Room Count: 6
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1700
  • Total Rooms: 5

Utilities

  • Cooling Type: Central Air, Window A/C Unit(s)
  • Fuel Type: Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.2510
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Jan 18, 2023
Sold by
Anderson Terrell Guy
Bought by
Walker Matthew
Seller's Agent
Mike Ashby
Buyer's Agent
Emily Terry
Kovener & Associates Real Esta
List Price
$125,000
Sold Price
$122,000
Premium/Discount to List
-$3,000
-2.4%
Views
90
Current Estimated Value
$143,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,694
Avg. Annual Appreciation
6.25%
Original Mortgage
$123,232
Outstanding Balance
$119,230
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$24,464

Purchase Details

Listed on
Aug 4, 2020
Closed on
Feb 19, 2021
Sold by
Brown Howard T
Bought by
Terrell Guy Anderson and Terrell Norman R
Seller's Agent
George Zielsdorf
Mainstreet REALTORS
Buyer's Agent
Rosemary Terrell
Mainstreet REALTORS
List Price
$92,400
Sold Price
$70,000
Premium/Discount to List
-$22,400
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.76%
Original Mortgage
$56,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 13, 2005
Sold by
Risen Nathan L
Bought by
Brown Howard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.83%
Mortgage Type
New Conventional
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
Walker Matthew $122,000 --
Terrell Guy Anderson $140,000 None Available
Brown Howard T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Matthew $123,232
Previous Owner Terrell Guy Anderson $56,000
Previous Owner Brown Howard T $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2023 01/18/23 Sold $122,000 -2.4% $72 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $125,000 +78.6% $74 / Sq Ft
02/19/2021 02/19/21 Sold $70,000 -6.0% $50 / Sq Ft View Prior Sale
12/20/2020 12/20/20 Pending -- -- --
12/11/2020 12/11/20 Price Changed $74,500 -14.9% $54 / Sq Ft
09/09/2020 09/09/20 Price Changed $87,500 -5.3% $63 / Sq Ft
08/04/2020 08/04/20 For Sale $92,400 -- $66 / 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 $851 $85,100 $13,500 $71,600
2023 $759 $77,600 $13,500 $64,100
2022 $606 $69,200 $13,500 $55,700
2021 $565 $63,700 $13,500 $50,200
2020 $1,206 $60,600 $13,500 $47,100
2019 $465 $58,100 $13,500 $44,600
2018 $432 $53,700 $13,500 $40,200
2017 $378 $57,000 $13,500 $43,500
2016 $292 $53,000 $13,500 $39,500
2014 $264 $52,600 $12,600 $40,000
2013 $250 $53,100 $13,500 $39,600
Source: Public Records

Agents Affiliated with this Home

  • Mike Ashby

    Seller's Agent in 2023

    Mike Ashby

    (502) 439-9601

    23 in this area

    101 Total Sales

    Mike Ashby
    Section Image

  • E

    Buyer's Agent in 2023

    Emily Terry

    Kovener & Associates Real Esta

    (812) 216-9932

    4 in this area

    96 Total Sales

    Emily Terry
    Section Image

  • G

    Seller's Agent in 2021

    George Zielsdorf

    Mainstreet REALTORS

    Section Image

  • R

    Buyer's Agent in 2021

    Rosemary Terrell

    Mainstreet REALTORS

See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2022013417

Southern Indiana REALTORS® Association

APN: 88-24-17-332-048.000-022

Indiana Washington County Salem 47167

202 N Posey St, Salem, IN

This home is located at 202 N Posey St, Salem, IN 47167 since 18 November 2022 and is currently estimated at $143,694, approximately $84 per square foot. This property was built in 1940. 202 N Posey St 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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