NOT LISTED FOR SALE

2041 W Walnut Ridge Rd Salem, IN 47167

Estimated Value: $217,000 - $290,000

3 Beds
3 Baths
2,400 Sq Ft
$107/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $193,500 $81 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,529/month

1 Day on Market

Highlights

  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • First Floor Utility Room

About This Home

As of June 2021

Come see this beautiful home that sits on just over 4 acres. Home was completely remodeled in 2003. This home has plenty of land for all your outdoor needs and wants. Home has 3 bedrooms, 1 full bath, and 2 half baths. Home has large living room with vaulted ceiling and a huge window for natural sunlight. Home has a spacious kitchen with island that opens up to a large dunning room. Current master suite is located on the main level, with the option of turning the large upstairs bedroom, into the master suite. The commode in the upstairs bath is the only bathroom fixture that is functionable, but water lines are easily accessible. Home has almost 2400 sq ft. Enjoy lots of privacy on your large back covered porch. Schedule an appointment today.

Last Listed By

Josh Orme

Mossy Oak Properties Hoosier Land and Farm License #RB14050061 Listed on: 05/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,115

Year Built

  • Built in 1900

Lot Details

  • 4 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • 1.5-Story Property
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Pellet Stove burns compressed wood to generate heat
  • Propane
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 883313000001000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,115

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Improvements: 99000
  • Additional Assessor Parcel Numbers: 883312000015000009
  • Annual Tax: 2115
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Land Assessment: 32700
  • Legal Description: 07-13-100-001.000-06 PT SE (PT NE) 13-3-3 2.9AC(C)07-12-400-015.000-06 PT SE 12-3-3 .67 AC (1.34acC)
  • Parcel Number: 883313000001000009
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 131700
  • Total Deduction Amnt: 3000
  • Total Finished Square Footage: 2400
  • Type: 1.5 Story
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 2400.00
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Fireplace: Pellet Stove
  • Interior Amenities: 1st Floor Master, 1st Floor Utility
  • Lot Sq Ft: 174240.00
  • Room Count: 11
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2400
  • Total Rooms: 8

Garage/Parking

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

Utilities

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

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 4.0000
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 4, 2021
Sold by
Tuilis Tony N and Tuilis Kristi L
Bought by
Vanderpalen Frank J and Vanderpalen Theresa M
Seller's Agent
Josh Orme
Mossy Oak Properties Hoosier Land and Farm
Buyer's Agent
Debbie Kaiser
List Price
$185,000
Sold Price
$193,500
Premium/Discount to List
$8,500
4.59%
Total Days on Market
1
Current Estimated Value
$257,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,151
Avg. Annual Appreciation
7.56%
Original Mortgage
$145,125
Outstanding Balance
$132,815
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$124,836

Range of Values:

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Average Value
Not Available
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
Vanderpalen Frank J $193,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanderpalen Frank J $145,125
Previous Owner Tullis Tony N $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $193,500 +4.6% $81 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $185,000 -- $77 / 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 $1,208 $152,700 $11,000 $141,700
2023 $1,258 $156,000 $11,000 $145,000
2022 $1,256 $151,500 $11,000 $140,500
2021 $741 $101,800 $11,000 $90,800
2020 $2,133 $106,700 $11,000 $95,700
2019 $2,090 $110,800 $11,000 $99,800
2018 $1,994 $104,700 $11,000 $93,700
2017 $516 $98,900 $11,000 $87,900
2016 $426 $98,000 $11,000 $87,000
2014 $407 $98,900 $11,000 $87,900
2013 $374 $94,100 $11,000 $83,100
Source: Public Records

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Source: Southern Indiana REALTORS® Association

MLS Number: 202107478

Southern Indiana REALTORS® Association

APN: 88-33-12-000-015.000-009