NOT LISTED FOR SALE

2602 N Old 56 Salem, IN 47167

Estimated Value: $244,000 - $377,000

3 Beds
2 Baths
2,044 Sq Ft
$143/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $313,000 $153 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,799/month

35 Days on Market

Highlights

  • Scenic Views
  • Covered Patio or Porch
  • Formal Dining Room
  • Creek On Lot
  • First Floor Utility Room
  • 1 Car Detached Garage

About This Home

As of June 2016

HORSE FARM! Well-Maintained! 4.9960 AC. +/- TOTAL. Special features: Hdwd. & tile flrs. through-out home. Large Eat-in Kit., w/GRANITE TOPS, & STAINLESS STEEL APPLIANCES. Upstairs; Wall-to-wall closet cab'ts w/built-in bookcases, 3rd Bedroom, currently used as a Sitting/TV Rm. Home upgrades: Insulate attic, carpet upstairs, replacement of int. doors & most dr. hardware, side porch deck 8 X 15, custom benches-back of home. Horseshoe & Bonfire area. Pasture area: Board fencing, w/loafing shed. Stable area/Items TO STAY: Livestock water fountain/w Heater, instant hot water heater, and 2 gates. Since 2008, wooden bd. fencing. Recent ext. painting: front porch, det. garage, back barn behind stable. STABLE HORSE BARN, w/Covered Porch, suitable to make into add'l living quarters in approx. 2/3 of bldg., has many uses: office, lg. gatherings, etc. w/3 Garage Drs; 2 Automatic /1 Manual. 3 stalls, room for more. RV Stge., inside Hay/Loft stge., tack rm. MUST SEE TO APPRECIATE, 1yr home warranty.

Last Agent to Sell the Property

Tammie McIntyre

Brixton Realty License #RB14039030 Listed on: 04/11/2016

Last Buyer's Agent

Linda Ward Temple

eXp Realty, LLC License #RB14039918

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 1914

Lot Details

  • 5 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned Agri/ Residential

Parking

  • 1 Car Detached Garage
  • Side Facing Garage

Property Views

  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Frame Construction

Interior Spaces

  • 2,044 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Window Screens
  • Formal Dining Room
  • First Floor Utility Room
  • Storage
  • Utility Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Basement Cellar

Outdoor Features

  • Creek On Lot
  • Covered Patio or Porch
  • Shed

Farming

  • Hay Barn
  • Horse or Livestock Barn
  • Horse Farm

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • On Site Septic

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 882401000001012021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,319

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Improvements: 125800
  • Annual Tax: 1319
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Disabled Veteran, Homestead Standard, Mortgage, Supplemental Homestd
  • Foundation: Unknown
  • Land Assessment: 36000
  • Legal Description: PT NE 1-2-4 4.996 AC
  • Lot Dimensions: see lot size
  • Out Buildings: Barn(s), Hay Barn, Horse Barn, Shed
  • Parcel Number: 882401000001012021
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 161800
  • Total Deduction Amnt: 90530
  • Total Finished Square Footage: 2044
  • Type: 2 Story
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar, Partial, Unfinished
  • Above Grade Finished Sq Ft: 2044.00
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Utility, Added Storage, Bath Master, Blinds, Built-In Bookcase, Ceiling Fan(s), Eat-In Kitchen, Formal Dining Rm, Utility/Mud Room
  • Lot Measurement: Acres
  • Lot Sq Ft: 217626.00
  • Room Count: 8
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2044
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Landscaped, Patio, Screens, Thermopane Windows
  • Home Warranty: Yes

Garage/Parking

  • Garage Type: Detached, Side Entry
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water: Creek
  • Water Type: Public Onsite

Lot Info

  • Acres: 5.0000
  • Farm Type: Horse
  • Lot Description: Garden Area, Park-Like View, Scenic View
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 29, 2016
Sold by
Williams Patricia Ann
Bought by
Tyler Lisa A and Tyler James E
Seller's Agent
Tammie McIntyre
Brixton Realty
Buyer's Agent
Linda Ward Temple
eXp Realty, LLC
List Price
$329,000
Sold Price
$313,000
Premium/Discount to List
-$16,000
-4.86%
Current Estimated Value
$292,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,661
Avg. Annual Appreciation
-0.06%

Purchase Details

Closed on
Aug 1, 2008
Sold by
Koinzan Eric D
Bought by
Williams Richard Allen and Williams Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
6.39%
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
Tyler Lisa A $313,000 --
Williams Richard Allen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tyler Jamesfe $28,300
Open Tyler James E $240,000
Previous Owner Williams Richard Allen $177,000
Previous Owner Williams Richard Allen $180,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $313,000 -4.9% $153 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $329,000 -- $161 / 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 $2,475 $223,800 $36,000 $187,800
2023 $2,731 $216,400 $36,000 $180,400
2022 $2,694 $214,300 $36,000 $178,300
2021 $2,599 $187,400 $36,000 $151,400
2020 $2,317 $178,600 $36,000 $142,600
2019 $2,120 $172,700 $36,000 $136,700
2018 $2,096 $165,900 $36,000 $129,900
2017 $1,908 $165,300 $36,000 $129,300
2016 $1,365 $161,800 $36,000 $125,800
2014 $1,268 $163,600 $36,000 $127,600
2013 $1,412 $168,200 $36,000 $132,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201602289

Southern Indiana REALTORS® Association

APN: 88-24-01-000-001.012-021