NOT LISTED FOR SALE

3438 S Eastern School Rd Salem, IN 47167

Estimated Value: $282,000 - $367,000

3 Beds
3.5 Baths
2,162 Sq Ft
$154/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $211,450 $98 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,018/month

4 Days on Market

Highlights

  • Scenic Views
  • Wood Burning Stove
  • Wooded Lot
  • Open Floorplan
  • Secluded Lot
  • Cathedral Ceiling

About This Home

As of August 2018

Have you always wanted to live in total privacy among nature and dark summer sky above? This little piece of heaven might be for you. This beautiful custom log home that sits on over 3 ac. of secluded paradise is perfect for getting away from that busy hustle and bustle of the city. The lot has mature trees scattered around and the home sits on a hilltop. It has a large loft that looks down on the great room and the open floor plan is very inviting. Both the front and rear of the home have large covered porches that are perfect for early morning coffee or evenings with the family. The basement is a walk-out with an add'l bedroom and bath for entertaining convenience. The basement ceilings are also high and spacious with room to add on even more if so desired. With 3 1/2 baths, 3 bedrooms, 3 floors, 2 covered decks and a partially finished walk-out basement, the home has so many great places for hanging out. The bedrooms are all larger than what you find in standard homes and the extra space makes for a very comfortable home. The outbuilding is a great multi use shed that will accommodate about any kind of use. There is also a kid's custom tree house that is precision built and a chicken house for plenty of fresh eggs and a chain-link fenced in area that is great for pets of any kind. The property sits well off the road to add even more privacy and solitude to a perfect country setting. Home warranty included!

Last Agent to Sell the Property

Jeremy Ward

Ward Realty Services License #RB14035695 Listed on: 06/18/2018

Last Buyer's Agent

Janie Spitznagel

Semonin REALTORS License #RB14038849

Semonin REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 2005

Lot Details

  • 3.37 Acre Lot
  • Fenced Yard
  • Secluded Lot
  • Wooded Lot
  • Property is zoned Agri/ Residential

Property Views

  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Log Cabin
  • Poured Concrete
  • Frame Construction
  • Wood Siding
  • Wood Trim

Interior Spaces

  • 2,162 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Thermal Windows
  • Family Room
  • Loft
  • Utility Room

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Garden Bath

Partially Finished Basement

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

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Liquid Propane Gas Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 881506000014005015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,186

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Improvements: 146900
  • Annual Tax: 1186
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 29500
  • Legal Description: PT NE 6-1-5 3.373 Ac
  • Numof Fireplaces: 1
  • Out Buildings: Shed
  • Parcel Number: 881506000014005015
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 176400
  • Total Deduction Amnt: 90665
  • Total Finished Square Footage: 2162
  • Type: 1.5 Story, Log
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Water Heater: Lp Gas
  • Basement Type: Full, Partially Finished, Walkout
  • Above Grade Finished Sq Ft: 1960.00
  • Appliances: Dishwasher, Microwave, Oven Self Clean, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Fireplace: Wood Stove, Woodburning
  • Interior Amenities: 1st Floor Master, Bath Master, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Family Room, Garden Tub, Jetted Tub, Loft, Natural Wood Trim, Open Floor Plan, Split Bedrooms, Utility/Mud Room, Walk-In Closet(s)
  • Lot Sq Ft: 146797.20
  • Room Count: 11
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2162
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Thermopane Windows, Wood

Utilities

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

Lot Info

  • Acres: 3.3700
  • Lot Description: Park-Like View, Scenic View, Secluded Lot, Wooded Lot
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Aug 10, 2018
Sold by
David Gabbert
Bought by
Neal Cook David
Seller's Agent
Jeremy Ward
Ward Realty Services
Buyer's Agent
Janie Spitznagel
Semonin REALTORS
List Price
$219,900
Sold Price
$211,450
Premium/Discount to List
-$8,450
-3.84%
Current Estimated Value
$332,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,863
Avg. Annual Appreciation
6.91%
Original Mortgage
$209,699
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Listed on
Apr 30, 2014
Closed on
Sep 3, 2014
Sold by
Srmof Ii 2012-1 Trust
Bought by
Gabbert David and Gabbert Shalmar
Seller's Agent
Laura Bishop
HOOSIER REALTY
Buyer's Agent
Jeremy Ward
Ward Realty Services
List Price
$194,900
Sold Price
$170,000
Premium/Discount to List
-$24,900
-12.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$175,610
Interest Rate
4.09%
Mortgage Type
VA

Purchase Details

Closed on
Feb 18, 2014
Sold by
Cox Steven M and The State Of Indiana Through I
Bought by
Srmof Ii 2012-1 Trust and U S Bank Trust National Association

Purchase Details

Closed on
Apr 30, 2008
Sold by
Fannie Mae
Bought by
Cox Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,584
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2008
Sold by
Countrywide Home Loans Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 29, 2006
Sold by
Bobo James F
Bought by
Green Jeffrey

Purchase Details

Closed on
May 16, 2006
Sold by
Wilson Brinda Sue and Boho Brenda Wilson
Bought by
Bobo James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,700
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Neal Cook David $211,500 --
Cook David Neal $211,450 --
Gabbert David -- Multiple
Srmof Ii 2012-1 Trust $159,000 None Available
Cox Steven M -- None Available
Federal National Mortgage Association -- None Available
Green Jeffrey -- None Available
Bobo James F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cook David Neal $210,045
Closed Cook David Neal $209,374
Closed Cook David Neal $209,699
Previous Owner Gabbert David $175,610
Previous Owner Cox Steven M $154,346
Previous Owner Cox Steven M $147,584
Previous Owner Bobo James F $18,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $211,450 -3.8% $98 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $219,900 +29.4% $102 / Sq Ft
09/29/2014 09/29/14 Sold $170,000 -12.8% $78 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $194,900 -- $89 / 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 $2,196 $239,900 $29,500 $210,400
2023 $2,047 $226,200 $29,500 $196,700
2022 $2,137 $207,900 $29,500 $178,400
2021 $2,039 $194,600 $29,500 $165,100
2020 $1,991 $190,800 $29,500 $161,300
2019 $1,864 $184,100 $29,500 $154,600
2018 $1,665 $172,500 $29,500 $143,000
2017 $1,422 $179,300 $29,500 $149,800
2016 $1,186 $173,400 $29,500 $143,900
2014 $1,324 $191,700 $29,500 $162,200
2013 $3,036 $187,100 $29,500 $157,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201809727

Southern Indiana REALTORS® Association

APN: 88-15-06-000-014.005-015