NOT LISTED FOR SALE

2696 W State Road 56 Salem, IN 47167

Estimated Value: $153,000 - $256,000

4 Beds
2 Baths
1,616 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $46,500 $29 Per Sq Ft

Est. 357% increase in value since last sale

Current estimated payment $1,300/month

120 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2018

TAKE A LOOK at this 4 bed, 2 full bath home needing TLC. One car attached garage PLUS full unfinished basement PLUS a 36 x 36 polebarn all on a full acre. One mile from Salem makes location in high demand. Cash or conventional only. Call now for your showing!

Last Agent to Sell the Property

Lori Gilstrap

Day Company REALTORS Listed on: 08/26/2018

Last Buyer's Agent

Sherri Purkhiser

Day Company REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $426

Year Built

  • Built in 1952

Lot Details

  • 1 Acre Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 88-23-24-000-015.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$426

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1952
  • Age: 66
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT NH NW 24-2-3 1. AC |
  • Parcel Number ID: 88-23-24-000-015.000-021
  • Platted: Yes
  • Sp Lp Percent: 75
  • Special Features: None

Interior Features

  • Total Sq Ft: 3232
  • Total Finished Sq Ft: 1616
  • Above Grade Finished Sq Ft: 1616
  • Below Grade Sq Ft: 1616
  • Price Per Sq Ft: 28.77
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Unfinished
  • Basement Material: Block
  • Living Great Room: Dimensions: 14x17, On Level: Main
  • Kitchen: Dimensions: 10x11, On Level: Main
  • Dining Room: Dimensions: 10x11, On Level: Main
  • Bedroom 1: Dimensions: 12x13, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 13x12, On Level: Main
  • Bedroom 4: Dimensions: 13x16, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1616

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Pole/Post Building, Dimensions: 36x36, 1296

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x14
  • Garage Sq Ft: 280
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Oil, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Laundry: Dimensions: Mainx10, On Level: 10

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 1.0 Acre
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 426
  • Exemptions: Homestead, Mortgage, Supplemental

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2012
Sold by
Ratts Kathie and Estate Of Opal Chastain
Bought by
Ratts Kathie
Current Estimated Value
$212,489
Source: Public Records

Range of Values:

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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
Ratts Kathie -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2018 12/31/18 Sold $46,500 -25.0% $29 / Sq Ft
12/24/2018 12/24/18 Pending -- -- --
11/17/2018 11/17/18 For Sale $62,000 0.0% $38 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
08/26/2018 08/26/18 For Sale $62,000 -20.5% $38 / Sq Ft
05/18/2012 05/18/12 Sold $78,000 -21.9% $48 / Sq Ft View Prior Sale
03/23/2012 03/23/12 Pending -- -- --
07/14/2011 07/14/11 For Sale $99,900 -- $62 / 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 $2,026 $103,200 $20,000 $83,200
2023 $1,962 $97,800 $20,000 $77,800
2022 $2,066 $104,100 $20,000 $84,100
2021 $1,870 $92,400 $20,000 $72,400
2020 $1,737 $86,300 $20,000 $66,300
2019 $1,664 $83,100 $20,000 $63,100
2018 $554 $77,300 $20,000 $57,300
2017 $426 $77,000 $20,000 $57,000
2016 $378 $76,400 $20,000 $56,400
2014 $350 $76,600 $20,000 $56,600
2013 $350 $74,900 $20,000 $54,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lori Gilstrap

    Day Company REALTORS

    Section Image

  • S

    Buyer's Agent in 2018

    Sherri Purkhiser

    Day Company REALTORS

    Section Image

  • E

    Seller's Agent in 2012

    Ervin Day

    Day Company REALTORS

  • L

    Buyer's Agent in 2012

    Linda Ward Temple

    Day Company REALTORS

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201839064

Indiana Regional MLS

APN: 88-23-24-000-015.000-021

Indiana Washington County Salem 47167

2696 W State Road 56, Salem, IN

This home is located at 2696 W State Road 56, Salem, IN 47167 since 26 August 2018 and is currently estimated at $212,489, approximately $131 per square foot. This property was built in 1952. 2696 W 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.

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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