NOT LISTED FOR SALE

3936 W State Road 60 Salem, IN 47167

Estimated Value: $306,000 - $361,000

4 Beds
1.5 Baths
2,866 Sq Ft
$116/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $225,000 $79 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,912/month

Highlights

  • Deck
  • Walk-In Closet
  • Garden
  • 3 Car Detached Garage
  • Patio
  • Central Air

About This Home

As of August 2021

Ready to move into, 4 BR, 1.5 bath home on 5 acres. New metal roof in 2019, new HVAC and C/A 2016 (dual control), new water heater 2018, new water pipes to Salem Water and to home in 2018, septic pumped in 2019, LP gas tank is owned not tied to particular provider. 32x40 pole barn, chicken coop, and perfect set up for small farm or 4-H animals. Home features gas burning free standing fireplace, lots of storage space, covered back wood deck, and a laundry shoot from second floor bathroom to basement laundry room.

Last Agent to Sell the Property

Sherri Purkhiser

The Day Company REALTORS License #RB14045641 Listed on: 07/13/2021

Co-Listed By

Lana Hamilton

The Day Company REALTORS License #RB20001674

Last Buyer's Agent

Abby Corbin

RE/MAX FIRST License #RB20001511

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,869

Year Built

  • Built in 1971

Lot Details

  • 5 Acre Lot
  • Garden

Parking

  • 3 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2,866 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 882314000033000021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,869

Year Built

Built in 1971

Lot Details

0

Parking

3

Listing Details

  • Improvements: 147900
  • Additional Assessor Parcel Numbers: 8823110000020000021
  • Annual Tax: 1869
  • Appointment: Not Needed
  • Construction: Existing, Frame On-Site
  • Land Assessment: 31300
  • Legal Description: PT WH NW 14-2-3 2.13 AC ALSO A R/WAY 7 1/2 FR OFF CENTER LINE PT WH NW 14-2-3 1.69 AC
  • Parcel Number: 882314000033000021
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 179200
  • Total Finished Square Footage: 2866
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Partially Finished
  • Above Grade Finished Sq Ft: 2382.00
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Fan(s), Family Room, Walk-In Closet(s)
  • Lot Sq Ft: 217800.00
  • Room Count: 10
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2866
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Deck, Patio

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 5.0000
  • Lot Description: Garden Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Sep 10, 2021
Sold by
Little Douglas and Little Tara
Bought by
Karr Phillips Brett Austin and Karr Kayla Joann
Seller's Agent
Sherri Purkhiser
The Day Company REALTORS
Buyer's Agent
Abby Corbin
RE/MAX FIRST
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Current Estimated Value
$331,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,904
Avg. Annual Appreciation
9.95%
Original Mortgage
$230,175
Outstanding Balance
$209,442
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$122,462

Purchase Details

Closed on
Aug 13, 2009
Sold by
Gravatt Dorothy R and Gravatt Ernest H
Bought by
Little Douglas and Little Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,778
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Karr Phillips Brett Austin -- None Available
Little Douglas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karr Phillips Brett Austin $230,175
Previous Owner Little Douglas $150,778
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $225,000 -2.1% $79 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/28/2021 07/28/21 Price Changed $229,900 -8.0% $80 / Sq Ft
07/13/2021 07/13/21 For Sale $249,900 -- $87 / 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 $1,752 $223,500 $31,300 $192,200
2023 $1,616 $210,900 $31,300 $179,600
2022 $2,091 $204,100 $31,300 $172,800
2021 $2,038 $193,000 $31,300 $161,700
2020 $1,949 $179,200 $31,300 $147,900
2019 $1,749 $170,200 $31,300 $138,900
2018 $1,622 $157,300 $31,300 $126,000
2017 $1,369 $157,100 $31,300 $125,800
2016 $1,177 $155,700 $31,300 $124,400
2014 $1,106 $157,400 $31,300 $126,100
2013 $1,075 $152,300 $31,300 $121,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202109163

Southern Indiana REALTORS® Association

APN: 88-23-14-000-033.000-021