NOT LISTED FOR SALE

2531 W Elrod Ln Salem, IN 47167

Estimated Value: $572,000 - $740,624

20 Acres
$32,816 Price per Acre
871,200 Sq Ft Lot

Last Sold December 11, 2017

Last sale price $67,000

Est. 880% increase in value since last sale

Current estimated payment $3,909/month

Highlights

  • Scenic Views
  • Secluded Lot
  • 20 Acres of Pasture
  • 20 Acre Lot
  • Pond
  • Spring water is a source of water for the property

About This Lot

As of December 2017

Beautiful views!! Very nice secluded rolling land perfect to build your dream home, for pasture or tillable for crops. This all fenced property is very secluded yet minutes from town. There are 2 ponds and a spring. Hedge apple trees are very abundant on this unusual property.

Last Agent to Sell the Property

Debbie Curtis

Mainstreet REALTORS License #RB14032127 Listed on: 11/28/2017

Last Buyer's Agent

Debbie Curtis

Mainstreet REALTORS License #RB14032127 Listed on: 11/28/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $548

Lot Details

  • 20 Acre Lot
  • Secluded Lot
  • Property is zoned Agriculture

Additional Features

  • Scenic Vista Views
  • Pond
  • 20 Acres of Pasture
  • Spring water is a source of water for the property

Listing and Financial Details

  • Assessor Parcel Number 882312000015004021

Property Details

Property Type

Land

Est. Annual Taxes

$548

Lot Details

0

Listing Details

  • Annual Tax: 548
  • Land Assessment: 28100
  • Legal Description: PT SH SW 12-2-3 20 AC. Parcel # 5.
  • Parcel Number: 882312000015004021
  • Property Type: Vacant Land
  • Total: 28100
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Lot Sq Ft: 871200.00

Utilities

  • Water: Pond, Spring
  • Water Type: Spring

Lot Info

  • Acres: 20.0000
  • Lot Description: Scenic View, Secluded Lot
  • Pasture Acreage: 20
  • Zoning: Agriculture

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2017
Closed on
Dec 12, 2017
Sold by
Hurst William
Bought by
Buchanan Ryan and Buchanan Angela
Seller's Agent
Debbie Curtis
Mainstreet REALTORS
Buyer's Agent
Debbie Curtis
Mainstreet REALTORS
List Price
$69,900
Sold Price
$67,000
Premium/Discount to List
-$2,900
-4.15%
Current Estimated Value
$656,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$589,312
Avg. Annual Appreciation
33.88%
Source: Public Records

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
Buchanan Ryan $67,000 --
Buchanan Ryan $67,000 Salem Title Corp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2017 12/11/17 Sold $67,000 -4.1% --
12/01/2017 12/01/17 Pending -- -- --
11/28/2017 11/28/17 For Sale $69,900 -- --
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 $4,984 $489,000 $51,600 $437,400
2023 $4,699 $443,500 $46,400 $397,100
2022 $4,379 $423,400 $40,800 $382,600
2021 $3,817 $365,700 $37,900 $327,800
2020 $3,512 $337,400 $37,800 $299,600
2019 $3,363 $320,200 $41,600 $278,600
2018 $419 $23,100 $23,100 $0
2017 $528 $26,600 $26,600 $0
2016 $548 $28,100 $28,100 $0
2014 $523 $29,500 $29,500 $0
2013 $470 $25,800 $25,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Curtis

    Seller's Agent in 2017

    Debbie Curtis

    Mainstreet REALTORS

    (812) 620-2443

    140 Total Sales

    Debbie Curtis
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2017010942

Southern Indiana REALTORS® Association

APN: 88-23-12-000-015.004-021

Indiana Washington County Salem 47167

2531 W Elrod Ln, Salem, IN

This home is located at 2531 W Elrod Ln, Salem, IN 47167 since 28 November 2017 and is currently estimated at $656,312. 2531 W Elrod Ln 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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