NOT LISTED FOR SALE

308 S Posey St Salem, IN 47167

Estimated Value: $116,000 - $142,000

2 Beds
1 Bath
928 Sq Ft
$140/Sq Ft Est. Value

Last Sold July 23, 2012

Last sale price $25,000 $27 Per Sq Ft

Est. 420% increase in value since last sale

Current estimated payment $803/month

Highlights

  • Deck
  • Porch
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • 1-Story Property
  • 5-minute walk to Rielys Park

About This Home

As of July 2012

Hardwood floors! 2 bedroom, 1 bath home close to park! Cellar basement w/ outside entrance, rear deck. Large detached garage. Owner Occupant Cert MUST be presented with O/O offers. First Look Initiative applies. For the first 15 days that property is listed, seller will consider offers from owner occupant buyers, government entities and their partners. After 15 days, seller will also consider offers from investor buyers. Home sold as-is.

Last Agent to Sell the Property

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 05/07/2012

Last Buyer's Agent

Casey Kovener

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $273

Year Built

  • Built in 1928

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x144
  • Subdivision Possible

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 928 Sq Ft Home
  • 1-Story Property
  • Family Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Basement Cellar

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 882417333041000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$273

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Improvements: 49600
  • Annual Tax: 273
  • Appointment: Not Needed
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 3700
  • Legal Description: DEP. PT LOT 185
  • Lot Dimensions: 50x144
  • Numof Fireplaces: 0
  • Parcel Number: 882417333041000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 53300
  • Total Finished Square Footage: 928
  • Type: 1 Story
  • Year Built: 1928
  • Special Features: 20

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar, Outside Entrance
  • Above Grade Finished Sq Ft: 928.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: Family Room
  • Lot Measurement: Acres
  • Lot Sq Ft: 6970.00
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 928
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Deck, Porch

Garage/Parking

  • Garage Type: Detached, Front Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.1600
  • Lot Description: Divisible Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association
Current Estimated Value
$130,075

Purchase Details

Closed on
Feb 21, 2012
Sold by
Hopkins Jason P
Bought by
Bac Home Loans Servicing Lp
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
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2012 07/23/12 Sold $25,000 -16.4% $27 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
05/07/2012 05/07/12 For Sale $29,900 -- $32 / 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 $1,314 $65,700 $10,800 $54,900
2023 $1,234 $61,700 $10,800 $50,900
2022 $1,146 $57,300 $10,800 $46,500
2021 $1,050 $52,500 $10,800 $41,700
2020 $1,014 $50,700 $10,800 $39,900
2019 $988 $49,400 $10,800 $38,600
2018 $932 $46,600 $10,800 $35,800
2017 $980 $49,000 $10,800 $38,200
2016 $932 $46,600 $10,800 $35,800
2014 $926 $46,300 $10,800 $35,500
2013 $884 $44,200 $10,800 $33,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201203314

Southern Indiana REALTORS® Association

APN: 88-24-17-333-041.000-022