Estimated Value: $213,000 - $306,000
3
Beds
1
Bath
1,095
Sq Ft
$238/Sq Ft
Est. Value
Highlights
- Property Under Renovation
- 30.31 Acre Lot
- 2 Car Detached Garage
About This Home
As of January 2021Just 2.5 miles out of town you’ll find what many might describe as the perfect blend of pasture and tillable with a partially converted “off grid” home, detached garage, multiple outbuildings, and various livestock corrals. The tillable and pasture areas make up about 22 acres with approximately 19 in corn or soybean production. A significant portion of the property is fenced for cattle or horses and in good shape. Approximately 7 acres of timber follow the meandering ephemeral creek. The balance of acreage is the home-site, garden area, outbuildings, and livestock corrals. The tillable income of $2,000 per year will be a nice addition to offset expenses. The soils are predominantly CoC2 and COB Crider Silt Loams. If you are a developer, you may want to give this property some consideration. With ample road frontage it appears to be well suited to subdivide. Shown by appointment only with advanced notice! Additional video, photos, maps and details are available, please ask. Sold "As Is"
Last Agent to Sell the Property
Zachary Holt
License #RB18001466 Listed on: 06/20/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,037
Year Built
- Built in 1896
Lot Details
- 30.31
Parking
- 2 Car Detached Garage
Home Design
- 1,095 Sq Ft Home
- Property Under Renovation
- Frame Construction
Additional Features
- 3 Bedrooms
- 30.31 Acre Lot
- Septic Type Unknown
Listing and Financial Details
- Assessor Parcel Number 882402000008000021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2020
Closed on
Jan 20, 2021
Sold by
Schmidt Chris
Bought by
Passereni James Dean and Passereni Kathy Jo
Seller's Agent
Zachary Holt
Buyer's Agent
Tammie McIntyre
Brixton Realty
List Price
$300,000
Sold Price
$225,000
Premium/Discount to List
-$75,000
-25%
Total Days on Market
151
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,119
Avg. Annual Appreciation
3.47%
Purchase Details
Listed on
Feb 17, 2018
Closed on
Mar 17, 2018
Sold by
Tschudi Barbara Lynn and Potts Barbara Lynn
Bought by
Schmidt Chris J
List Price
$299,900
Sold Price
$250,000
Premium/Discount to List
-$49,900
-16.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.79%
Original Mortgage
$252,000
Interest Rate
4.44%
Mortgage Type
Closed End Mortgage
Purchase Details
Closed on
Nov 13, 2013
Sold by
Tschudi Frederick M
Bought by
Barba Ly Barbara Lynn Tschudi Fka
Purchase Details
Closed on
Sep 20, 2005
Sold by
Norris Lee Henry
Bought by
Tschudi Frederick M and Potts Barbara Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Salem, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Passereni James Dean | $450,000 | None Available | |
| Schmidt Chris J | -- | None Available | |
| Barba Ly Barbara Lynn Tschudi Fka | -- | -- | |
| Tschudi Frederick M | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Passereni James Dean | $150,000 | |
| Previous Owner | Schmidt Chris J | $354,300 | |
| Previous Owner | Schmidt Chris J | $252,000 | |
| Previous Owner | Tschudi Frederick M | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/20/2021 01/20/21 | Sold | $225,000 | -19.6% | $205 / Sq Ft |
| 11/18/2020 11/18/20 | Pending | -- | -- | -- |
| 10/16/2020 10/16/20 | Price Changed | $280,000 | -6.7% | $256 / Sq Ft |
| 06/20/2020 06/20/20 | For Sale | $300,000 | +20.0% | $274 / Sq Ft |
| 04/30/2018 04/30/18 | Sold | $250,000 | -16.6% | $137 / Sq Ft |
| 03/26/2018 03/26/18 | Pending | -- | -- | -- |
| 02/17/2018 02/17/18 | For Sale | $299,900 | -- | $165 / Sq Ft |
Source: Southern Indiana REALTORS® Association
Tax History Compared to Growth
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 | $3,024 | $237,900 | $69,900 | $168,000 |
| 2023 | $1,991 | $181,100 | $61,600 | $119,500 |
| 2022 | $2,482 | $125,100 | $52,800 | $72,300 |
| 2021 | $1,116 | $110,100 | $48,200 | $61,900 |
| 2020 | $995 | $105,800 | $48,000 | $57,800 |
| 2019 | $1,037 | $109,200 | $54,100 | $55,100 |
| 2018 | $1,037 | $106,200 | $55,200 | $51,000 |
| 2017 | $1,079 | $111,600 | $60,500 | $51,100 |
| 2016 | $1,067 | $113,600 | $62,900 | $50,700 |
| 2014 | $1,025 | $103,500 | $65,800 | $37,700 |
| 2013 | $822 | $90,000 | $54,100 | $35,900 |
Source: Public Records
Agents Affiliated with this Home
-
Z
Seller's Agent in 2021
Zachary Holt
-
Tammie McIntyre
Buyer's Agent in 2021
Tammie McIntyre
Brixton Realty
(812) 620-2248
94 Total Sales
Map
Source: Southern Indiana REALTORS® Association
MLS Number: 202008629
APN: 88-24-02-000-008.000-021
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.
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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