NOT LISTED FOR SALE

2401 E State Road 56 Salem, IN 47167

Estimated Value: $581,000 - $830,206

4 Beds
3 Baths
3,524 Sq Ft
$200/Sq Ft Est. Value

About This Home

This home is located at 2401 E State Road 56, Salem, IN 47167 and is currently estimated at $705,603, approximately $200 per square foot. 2401 E State Road 56 is a home located in Washington County with nearby schools including Bradie M. Shrum Lower Elementary School, Salem Middle School, and Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2014
Sold by
Drumm Cheryl L
Bought by
Drumm Robert E and Drumm Cheryl L
Current Estimated Value
$705,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,950
Interest Rate
5.1%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Drumm Robert E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Drumm Robert E $100,000
Closed Drumm Robert E $388,000
Closed Drumm Cheryl L $386,950
Source: Public Records

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 $7,944 $624,900 $161,900 $463,000
2023 $7,457 $580,700 $138,200 $442,500
2022 $6,737 $545,800 $113,400 $432,400
2021 $5,226 $441,600 $100,300 $341,300
2020 $4,974 $417,300 $99,700 $317,600
2019 $5,285 $431,300 $117,100 $314,200
2018 $3,788 $278,300 $120,200 $158,100
2017 $3,748 $291,900 $134,200 $157,700
2016 $3,624 $299,400 $141,000 $158,400
2014 $3,241 $284,000 $148,500 $135,500
2013 $2,974 $259,600 $130,900 $128,700
Source: Public Records

Map

Indiana Washington County Salem 47167

2401 E State Road 56, Salem, IN

This home is located at 2401 E State Road 56, Salem, IN 47167 and is currently estimated at $705,603, approximately $200 per square foot. 2401 E State Road 56 is a home located in Washington County with nearby schools including Bradie M. Shrum Lower Elementary School, Salem Middle School, and Salem High School.

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