NOT LISTED FOR SALE

3983 E State Road 56 Salem, IN 47167

Estimated Value: $265,000 - $294,000

3 Beds
2 Baths
1,618 Sq Ft
$170/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $212,000 $131 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,625/month

1 Day on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of July 2022

One time list and sell.

Last Agent to Sell the Property

Lori Gilstrap

Day Company REALTORS Listed on: 06/21/2022

Last Buyer's Agent

Lori Gilstrap

Day Company REALTORS Listed on: 06/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,969

Year Built

  • Built in 1998

Lot Details

  • 1.22 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • 1,618 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 88-24-11-000-005.003-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,969

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1998
  • Age: 24
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 13-11-100-005.003-13 NE 11-2-4 1.216AC
  • Parcel Number ID: 88-24-11-000-005.003-021
  • Platted: Yes
  • Sp Lp Percent: 84.83
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1618
  • Total Finished Sq Ft: 1618
  • Above Grade Finished Sq Ft: 1618
  • Price Per Sq Ft: 131.03
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Living Great Room: Dimensions: 20x16, On Level: Main
  • Kitchen: Dimensions: 12x10, On Level: Main
  • Dining Room: Dimensions: 10x10, On Level: Main
  • Bedroom 1: Dimensions: 16x14, On Level: Main
  • Bedroom 2: Dimensions: 11x13, On Level: Main
  • Bedroom 3: Dimensions: 10x13, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 28x21
  • Garage Sq Ft: 588
  • Garage: Yes

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: City

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: 0-2.9999
  • Lot Dimensions: 1.22 Acres
  • Estimated Lot Sq Ft: 53143
  • Estimated Lot Size Acres: 1.22

Tax Info

  • Annual Taxes: 2969

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
Jun 21, 2022
Closed on
Jul 5, 2022
Sold by
Peachey Properties Llc
Bought by
Cline Timothy and Cline Sharon
Seller's Agent
Lori Gilstrap
Day Company REALTORS
Buyer's Agent
Lori Gilstrap
Day Company REALTORS
List Price
$249,900
Sold Price
$212,000
Premium/Discount to List
-$37,900
-15.17%
Current Estimated Value
$275,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,564
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
May 24, 2019
Sold by
Goad Ruth E and United States Of America
Bought by
Peachy Properties Llc
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
Cline Timothy -- Maudlin Lewis
Peachy Properties Llc $103,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2022 07/05/22 Sold $212,000 -15.2% $131 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $249,900 -- $154 / 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 $1,913 $203,500 $20,800 $182,700
2023 $1,567 $174,300 $20,800 $153,500
2022 $1,584 $167,300 $20,900 $146,400
2021 $2,969 $148,300 $20,900 $127,400
2020 $2,723 $136,100 $20,900 $115,200
2019 $1,100 $128,000 $20,900 $107,100
2018 $950 $119,300 $20,900 $98,400
2017 $811 $121,700 $20,900 $100,800
2016 $685 $121,800 $20,900 $100,900
2014 $663 $124,500 $20,900 $103,600
2013 $646 $121,800 $20,900 $100,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lori Gilstrap

    Day Company REALTORS

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Map

Source: Indiana Regional MLS

MLS Number: 202225134

Indiana Regional MLS

APN: 88-24-11-000-005.003-021

Indiana Washington County Salem 47167

3983 E State Road 56, Salem, IN

This home is located at 3983 E State Road 56, Salem, IN 47167 since 21 June 2022 and is currently estimated at $275,564, approximately $170 per square foot. This property was built in 1998. 3983 E State Road 56 is a home located in Washington County with nearby schools including Bradie M. Shrum Lower Elementary School, Salem Middle School, and Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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