NOT LISTED FOR SALE

2992 E Bowsman Rd Salem, IN 47167

Estimated Value: $256,000 - $349,000

3 Beds
2.5 Baths
2,052 Sq Ft
$150/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $239,900 $117 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,833/month

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of January 2022

THIS VIEW IS PANORAMIC...Over 2000+ sq. ft., full walkout poured concrete basement, large back deck, 2 car attd. garage....All rooms are spacious, no steps, appliances stay, and immediate possession. Any window you look out of has a spectatular country view. Easy commute to I-65, Salem Bypass, and downtown Salem. Call now this location is hard to find.

Last Agent to Sell the Property

Sherri Purkhiser

Day Company REALTORS Listed on: 11/17/2021

Last Buyer's Agent

Bedford NonMember

NonMember BED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1986

Lot Details

  • 2 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Unfinished Basement

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

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 88-24-03-000-002.001-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,750

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1986
  • Age: 35
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NE 3-2-4
  • Parcel Number ID: 88-24-03-000-002.001-021
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck Open, Porch Covered, Main Level Bedroom Suite
  • Location: Rural
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4104
  • Total Finished Sq Ft: 2052
  • Above Grade Finished Sq Ft: 2052
  • Below Grade Sq Ft: 2052
  • Price Per Sq Ft: 116.91
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Unfinished
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 14x17, On Level: Main
  • Kitchen: Dimensions: 16x14, On Level: Main
  • Dining Room: Dimensions: 11x14, On Level: Main
  • Family Room: Dimensions: 12x21, On Level: Main
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 15x11, On Level: Main
  • Bedroom 3: Dimensions: 15x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2052

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x34
  • Garage Sq Ft: 782
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: Jackson Co REMC

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: Level
  • Lot Dimensions: 2.0
  • Estimated Lot Sq Ft: 87120
  • Estimated Lot Size Acres: 2

Tax Info

  • Annual Taxes: 1750
  • Exemptions: Homestead, Supplemental

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
Nov 17, 2021
Closed on
Jan 18, 2022
Sold by
Maudlin Spencer R
Bought by
Williams Doug
Seller's Agent
Sherri Purkhiser
Day Company REALTORS
Buyer's Agent
Bedford NonMember
NonMember BED
List Price
$239,900
Sold Price
$239,900
Current Estimated Value
$308,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,756
Avg. Annual Appreciation
7.01%
Original Mortgage
$235,554
Outstanding Balance
$217,092
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$91,564

Purchase Details

Closed on
Sep 3, 2021
Sold by
Green Raymonda C and Green Robert O
Bought by
Maudlin Spencer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
2.8%
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
Williams Doug $239,900 Maudlin Lewis
Maudlin Spencer R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Doug $235,554
Previous Owner Maudlin Spencer R $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2022 01/18/22 Sold $239,900 0.0% $117 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $239,900 -- $117 / 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 $2,279 $231,400 $24,000 $207,400
2023 $2,105 $215,700 $24,000 $191,700
2022 $2,048 $206,800 $24,000 $182,800
2021 $1,911 $186,000 $24,000 $162,000
2020 $1,751 $170,500 $24,000 $146,500
2019 $1,548 $160,300 $24,000 $136,300
2018 $1,398 $146,100 $24,000 $122,100
2017 $1,156 $145,700 $24,000 $121,700
2016 $1,002 $147,600 $24,000 $123,600
2014 $937 $148,100 $24,000 $124,100
2013 $917 $144,600 $24,000 $120,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sherri Purkhiser

    Day Company REALTORS

    Section Image

  • B

    Buyer's Agent in 2022

    Bedford NonMember

    NonMember BED

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Map

Source: Indiana Regional MLS

MLS Number: 202148364

Indiana Regional MLS

APN: 88-24-03-000-002.001-021

Indiana Washington County Salem 47167

2992 E Bowsman Rd, Salem, IN

This home is located at 2992 E Bowsman Rd, Salem, IN 47167 since 17 November 2021 and is currently estimated at $308,656, approximately $150 per square foot. This property was built in 1986. 2992 E Bowsman 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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