NOT LISTED FOR SALE

2998 E Magnolia Ct Salem, IN 47167

Estimated Value: $427,000 - $565,851

4 Beds
4.5 Baths
5,076 Sq Ft
$101/Sq Ft Est. Value

Last Sold March 12, 2013

Last sale price $335,000 $66 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,053/month

1 Day on Market

Highlights

  • Panoramic View
  • Cathedral Ceiling
  • First Floor Utility Room
  • Deck
  • Den
  • Thermal Windows

About This Home

As of March 2013

100% FINANCING AVAILABLE! 4 bedrooms and 4.5 baths. Built in 2002 on 2.4 acres. 9' ceilings on 1st floor and lower level. Formal living room and dining room (vaulted). Family room with fireplace. Sun room. Finished lower level walk out has family room, office and bath. 38' x 12' deck and a 41' patio. Totally private!

Last Buyer's Agent

Patty Rojan

License #RB14024314

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 2002

Lot Details

  • 2.31 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Landscaped

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Panoramic
  • Scenic Vista

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 5,076 Sq Ft Home
  • 2-Story Property
  • Living Quarters
  • Sound System
  • Cathedral Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Den
  • First Floor Utility Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Utilities

  • Humidifier
  • Two Heating Systems
  • Forced Air Heating System
  • Air Source Heat Pump
  • Natural Gas Water Heater
  • On Site Septic
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 882427111013000021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,070

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Improvements: 258500
  • Annual Tax: 2070
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Mortgage, Supplemental Homestd
  • Foundation: Poured Concrete
  • Land Assessment: 15200
  • Legal Description: Lot 22 Southgate Farms
  • Lot Dimensions: Irregular
  • Numof Fireplaces: 1
  • Parcel Number: 882427111013000021
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 273700
  • Total Finished Square Footage: 5076
  • Type: 2 Story
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Finished, Full, Walkout
  • Above Grade Finished Sq Ft: 3377.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Humidifier, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Fireplace: Gas Burning, Insert
  • Interior Amenities: 1st Floor Utility, Addl Living Qtrs, Bath Master, Blinds, Breakfast Bar, Cable Wired, Cath/Vaul/Tray Ceil, Den/Office, Eat-In Kitchen, Family Room, Foyer, Garden Tub, Kitchen Island, Multi Phone Lines, Pantry, Sump Pump, Surround Sound, Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 100624.00
  • Room Count: 10
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 5076
  • Total Rooms: 10

Exterior Features

  • Exterior Features: Deck, Landscaped, Patio, Paved Driveway, Screens, Thermopane Windows

Garage/Parking

  • Garage Type: Attached, Side Entry
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Cooling Type: Heat Pump
  • Fuel Type: Dual, Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 2.3100
  • Lot Description: Cul-De-Sac, Dead End Street, Irrg, Panoramic View, Scenic View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2021
Sold by
Hickey Carol L and Hickey Jerald G
Bought by
Hoar Jaelin R and Shaddix Brooklyn Young
Current Estimated Value
$513,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$345,119
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$142,035
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
Hoar Jaelin R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoar Jaelin R $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2013 03/12/13 Sold $335,000 -4.3% $66 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
01/27/2013 01/27/13 For Sale $349,900 -- $69 / 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 $3,048 $292,200 $33,100 $259,100
2023 $3,120 $298,100 $33,100 $265,000
2022 $3,139 $301,000 $33,100 $267,900
2021 $3,020 $285,300 $33,100 $252,200
2020 $2,968 $288,300 $33,100 $255,200
2019 $2,957 $288,300 $33,100 $255,200
2018 $3,027 $288,500 $33,100 $255,400
2017 $2,795 $290,300 $33,100 $257,200
2016 $2,564 $302,100 $44,700 $257,400
2014 $2,465 $311,300 $44,700 $266,600
2013 $2,444 $305,500 $44,700 $260,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201300717

Southern Indiana REALTORS® Association

APN: 88-24-27-111-013.000-021