NOT LISTED FOR SALE

300 S Posey St Salem, IN 47167

Estimated Value: $109,000 - $143,000

2 Beds
1 Bath
780 Sq Ft
$158/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $142,000 $182 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $724/month

116 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • 3-minute walk to Rielys Park
  • 1-Story Property

About This Home

As of April 2024

Check out this NEWLY REMODELED 2 Bedroom 1 bath home within walking distance to downtown. This like new home includes New Metal Roof, Water Heater, Appliances and much more! There's plenty of room to come Create your entertainment room or whatever you'd like in the Full unfinished walkout basement. Schedule your showing today!

Last Agent to Sell the Property

Mary Finkle

Mainstreet Realtors Brokerage Email: info@mainstreetrealtor.com Listed on: 12/05/2023

Last Buyer's Agent

Brian Helsel

Brixton Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1950

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x144
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Block Exterior
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 88-24-17-333-045.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$967

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Age: 74
  • Style: One Story
  • Total Number of Rooms: 2
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: DEP. N PT LOT 184
  • Parcel Number ID: 88-24-17-333-045.000-022
  • Platted: Yes
  • Sp Lp Percent: 101.5
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1560
  • Total Finished Sq Ft: 780
  • Above Grade Finished Sq Ft: 780
  • Below Grade Sq Ft: 780
  • Price Per Sq Ft: 182.05
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Living Great Room: Dimensions: 12x16, On Level: Main
  • Kitchen: Dimensions: 12x9, On Level: Main
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 11x9, On Level: Main
  • Other Room1: Bathroom, Dimensions: 9x5, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 780

Exterior Features

  • Exterior: Block, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: Public
  • Water Utilities: Public

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: Corner
  • Lot Dimensions: 75X144
  • Estimated Lot Sq Ft: 11326
  • Estimated Lot Size Acres: 0.26
  • Lot Number: 184

Tax Info

  • Annual Taxes: 967
  • Total Assessed Value: 51700

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
Dec 5, 2023
Closed on
Apr 19, 2024
Sold by
Barrett Properties Llc
Bought by
Sember Michael Travis
Seller's Agent
Mary Finkle
Mainstreet Realtors
Buyer's Agent
Brian Helsel
Brixton Realty
List Price
$164,090
Sold Price
$142,000
Premium/Discount to List
-$22,090
-13.46%
Views
172
Current Estimated Value
$123,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,896
Avg. Annual Appreciation
-8.82%
Original Mortgage
$143,434
Outstanding Balance
$142,034
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
-$16,788

Purchase Details

Closed on
Jul 13, 2021
Sold by
Floyd Ronald G and Floyd Roxanne R
Bought by
Barrett Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Sember Michael Travis $142,000 None Listed On Document
Barrett Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sember Michael Travis $143,434
Closed Sember Michael Travis $143,434
Previous Owner Barrett Properties Llc $48,000
Previous Owner Floyd Ronald $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $142,000 +1.5% $182 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/19/2024 03/19/24 Price Changed $139,900 -6.7% $179 / Sq Ft
01/09/2024 01/09/24 Price Changed $149,900 -8.6% $192 / Sq Ft
12/05/2023 12/05/23 For Sale $164,090 -- $210 / 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 $665 $68,500 $13,700 $54,800
2023 $1,155 $57,500 $13,700 $43,800
2022 $1,039 $51,700 $13,700 $38,000
2021 $967 $48,100 $13,700 $34,400
2020 $963 $47,900 $13,700 $34,200
2019 $916 $45,800 $13,700 $32,100
2018 $852 $42,600 $13,700 $28,900
2017 $822 $41,100 $13,700 $27,400
2016 $772 $38,600 $13,700 $24,900
2014 $756 $37,800 $12,700 $25,100
2013 $762 $38,100 $13,700 $24,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202343790

Indiana Regional MLS

APN: 88-24-17-333-045.000-022