NOT LISTED FOR SALE

2615 N New Hope Rd Salem, IN 47167

Estimated Value: $243,851 - $321,000

3 Beds
1 Bath
1,806 Sq Ft
$155/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $165,000 $91 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,583/month

48 Days on Market

About This Home

As of August 2018

RARE FIND!! This is a beautiful property in great location. New Hope Road would be a great opportunity to begin your own mini farm. The 6.0 acres would provide ample pasture or room to play. Large farmhouse style home w/3 BR, 1 BA, oversized living room, eat in kitchen and partial basement. Home has recent electrical and plumbing. Property has detached 4 car garage (24 x 45), lg. pole barn (40 x 48), two small sheds (10x 14, 9 x 14) and some fencing. This is a very hard to find property with many possibilities.

Last Agent to Sell the Property

Emma Rockey

Day Company REALTORS Listed on: 05/24/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $554

Year Built

  • Built in 1890

Lot Details

  • 6 Acre Lot

Parking

  • 4 Car Detached Garage

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement
  • Stone or Rock in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Bradie M Shrum Elementary School
  • Salem Middle School
  • Salem High School

Utilities

  • Window Unit Cooling System
  • Radiant Ceiling
  • Baseboard Heating
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 88-23-03-000-012.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$554

Year Built

Built in 1890

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Age: 128
  • Style: One and Half Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT NW 3-2-3 4.0 ac., PT NW, SW 3-2-3 2.0 acres |
  • Parcel Number ID: 88-23-03-000-012.000-021
  • Platted: Yes
  • Sp Lp Percent: 97.12
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2142
  • Total Finished Sq Ft: 1806
  • Above Grade Finished Sq Ft: 1806
  • Below Grade Sq Ft: 336
  • Price Per Sq Ft: 91.36
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Stone
  • Living Great Room: Dimensions: 24x16, On Level: Main
  • Kitchen: Dimensions: 16x15, On Level: Main
  • Bedroom 1: Dimensions: 15x12, On Level: Main
  • Bedroom 2: Dimensions: 16x16, On Level: Upper
  • Bedroom 3: Dimensions: 16x16, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 336

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 45x24
  • Garage Sq Ft: 1080
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Electric, Gas, Baseboard, Ceiling
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx14, On Level: 14
  • Well Type: Private

Schools

  • School District: Salem Community Schools
  • Elementary School: Bradie M Shrum
  • Middle School: Salem
  • High School: Salem
  • Elementary School: Bradie M Shrum

Lot Info

  • Lot Description: 6-9.999
  • Lot Dimensions: 6.0 Acres
  • Estimated Lot Sq Ft: 261360
  • Estimated Lot Size Acres: 6

Tax Info

  • Annual Taxes: 554

MLS Schools

  • High School: Salem
  • Middle School: Salem
  • School District: Salem Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Aug 15, 2018
Sold by
Marvin Brewer
Bought by
Strange Jr Jerry L
Seller's Agent
Emma Rockey
Day Company REALTORS
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Current Estimated Value
$279,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,963
Avg. Annual Appreciation
7.67%
Original Mortgage
$156,750
Outstanding Balance
$136,131
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$143,832

Purchase Details

Closed on
May 5, 2017
Sold by
Brewer Marvin W
Bought by
Klein Ladonna Jo and Brewer Steven W

Purchase Details

Closed on
Apr 12, 2017
Sold by
Brewer Marvin W
Bought by
Brewer Marvin W

Purchase Details

Closed on
Mar 17, 2016
Sold by
Brewer Marvin W
Bought by
Brewer Marvin W and Brewer Testamentary T Marvin W

Purchase Details

Closed on
Mar 14, 2016
Sold by
Brewer Marvin W
Bought by
Brewer Marvin W and The Marvin W Brewer Testamenta
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
Strange Jr Jerry L $165,000 --
Strange Jerry E $165,000 Salem Title Corp
Klein Ladonna Jo -- None Available
Brewer Marvin W -- None Available
Brewer Marvin W -- None Available
Brewer Marvin W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strange Jerry E $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2018 08/15/18 Sold $165,000 -2.9% $91 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $169,900 -- $94 / Sq Ft
Source: Indiana Regional MLS

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 $1,112 $141,900 $28,700 $113,200
2023 $1,022 $133,900 $27,300 $106,600
2022 $939 $127,300 $25,700 $101,600
2021 $782 $111,200 $24,900 $86,300
2020 $700 $108,300 $24,900 $83,400
2019 $639 $105,200 $25,900 $79,300
2018 $541 $93,400 $26,100 $67,300
2017 $554 $94,500 $27,100 $67,400
2016 $586 $92,000 $29,600 $62,400
2014 $538 $92,800 $28,700 $64,100
2013 $496 $88,600 $27,400 $61,200
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Emma Rockey

    Day Company REALTORS

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Map

Source: Indiana Regional MLS

MLS Number: 201822673

Indiana Regional MLS

APN: 88-23-03-000-012.000-021

Indiana Washington County Salem 47167

2615 N New Hope Rd, Salem, IN

This home is located at 2615 N New Hope Rd, Salem, IN 47167 since 24 May 2018 and is currently estimated at $279,963, approximately $155 per square foot. This property was built in 1890. 2615 N New Hope Rd 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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