NOT LISTED FOR SALE

3531 N Rinkers Creek Rd Salem, IN 47167

Estimated Value: $407,000 - $545,000

3 Beds
3.5 Baths
2,472 Sq Ft
$195/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $325,000 $131 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,806/month

Highlights

  • Above Ground Pool
  • 28.73 Acre Lot
  • Creek On Lot
  • Scenic Views
  • Open Floorplan
  • Wooded Lot

About This Home

As of May 2019

Check out this beautiful 3bd/3.5ba 1.5 story log cabin! Wood-burning Fireplace! Every bedroom has its own master bathroom! Formal dining room! Kitchen island! 28.78acres! Building for extra storage! Call us today for your showing!

Last Agent to Sell the Property

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 06/21/2017

Last Buyer's Agent

David Fonseca

Bridge Realtors License #RB14038848

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,624

Year Built

  • Built in 2009

Lot Details

  • 28.73 Acre Lot
  • Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Wood Siding
  • Wood Trim

Interior Spaces

  • 2,472 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • First Floor Utility Room
  • Utility Room
  • Scenic Vista Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Creek On Lot
  • Covered Patio or Porch
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 88343100007003021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,624

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Improvements: 172600
  • Additional Parking: Off Street
  • Annual Tax: 1624
  • Appointment: 24 Hour Notice
  • Construction: Frame On-Site
  • Foundation: Crawl Space
  • Land Assessment: 45400
  • Legal Description: PT SW SE 31-3-4 28.78 ac 08-31-700-017.003-13
  • Numof Fireplaces: 1
  • Out Buildings: Shed
  • Parcel Number: 88343100007003021
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 218000
  • Total Deduction Amnt: 128910
  • Total Finished Square Footage: 2472
  • Type: 1.5 Story
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 2472.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposal, Range / Oven, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Breakfast Bar, Ceiling Fan(s), Formal Dining Rm, Jetted Tub, Kitchen Island, Natural Wood Trim, Open Floor Plan, Split Bedrooms, Utility/Mud Room
  • Lot Sq Ft: 1251478.80
  • Room Count: 10
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2472
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Pool - Above Ground, Wood

Utilities

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

Lot Info

  • Acres: 28.7300
  • Lot Description: Creek, Scenic View, Wooded Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
May 24, 2019
Sold by
Gill Jason
Bought by
Chavez Vanessa and Chavez Ramon
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
David Fonseca
Bridge Realtors
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Current Estimated Value
$482,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,620
Avg. Annual Appreciation
6.39%
Original Mortgage
$319,113
Outstanding Balance
$282,894
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$199,726
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
Chavez Vanessa $325,000 --
Gill Jason $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Vanessa $319,113
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $325,000 -7.1% $131 / Sq Ft
03/23/2019 03/23/19 Pending -- -- --
10/23/2018 10/23/18 For Sale $349,900 +7.7% $142 / Sq Ft
10/23/2018 10/23/18 Off Market $325,000 -- --
10/08/2018 10/08/18 Price Changed $349,900 -11.4% $142 / Sq Ft
10/05/2018 10/05/18 For Sale $395,000 0.0% $160 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
07/12/2018 07/12/18 Price Changed $395,000 -7.1% $160 / Sq Ft
03/22/2018 03/22/18 Price Changed $425,000 -9.6% $172 / Sq Ft
12/01/2017 12/01/17 Price Changed $469,900 -6.0% $190 / Sq Ft
06/21/2017 06/21/17 For Sale $499,900 -- $202 / 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 $2,849 $247,600 $57,300 $190,300
2023 $2,932 $248,400 $51,700 $196,700
2022 $2,898 $246,200 $45,900 $200,300
2021 $2,697 $224,600 $42,900 $181,700
2020 $2,310 $198,200 $35,200 $163,000
2019 $2,387 $208,900 $39,400 $169,500
2018 $4,217 $210,100 $40,200 $169,900
2017 $1,624 $216,200 $43,800 $172,400
2016 $1,532 $218,000 $45,400 $172,600
2014 $1,799 $222,200 $47,500 $174,700
2013 $905 $121,800 $37,200 $84,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201707579

Southern Indiana REALTORS® Association

APN: 88-34-31-000-017.003-021