NOT LISTED FOR SALE

400 N Shelby St Salem, IN 47167

Estimated Value: $185,000 - $225,000

3 Beds
2 Baths
2,608 Sq Ft
$77/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $99,000 $38 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,199/month

28 Days on Market

Highlights

  • 1 Acre Lot
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Covered Patio or Porch

About This Home

As of February 2019

Get ready to call this beautiful home yours. Featuring a large wrap around porch. Beautiful refinished hardwood floors and baseboards, and sitting on over an acre. You will love the location being situated next to parks and shopping.

Last Agent to Sell the Property

Wesley Sama

High Performance Home Group, L License #RB16000646 Listed on: 12/04/2018

Last Buyer's Agent

Chad Motsinger

Lopp Real Estate Brokers License #RB16001877

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1920

Lot Details

  • 1

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,608 Sq Ft Home
  • 1.5-Story Property
  • Basement Cellar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • 1 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 882418441024000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,300

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Improvements: 64200
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 18700
  • Legal Description: 13-18-441-024.000-22 PT SE 18-2-4 PT SW 17-2-4 1.AC
  • Parcel Number: 882418441024000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 82900
  • Total Deduction Amnt: 83100
  • Total Finished Square Footage: 2608
  • Type: 1.5 Story
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 2608.00
  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Lot Sq Ft: 43560.00
  • Room Count: 8
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 2608
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Patio, Covered Porch

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 1.0000
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2018
Closed on
Feb 28, 2019
Sold by
Stover Dianna K and Estate Of Janet Kay Casey
Bought by
Armes Kirk A and Tally Coralle L
Seller's Agent
Wesley Sama
High Performance Home Group, L
Buyer's Agent
Chad Motsinger
Lopp Real Estate Brokers
List Price
$99,900
Sold Price
$99,000
Premium/Discount to List
-$900
-0.9%
Current Estimated Value
$200,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,751
Avg. Annual Appreciation
11.63%
Original Mortgage
$9,720,600
Outstanding Balance
$8,631,823
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
-$8,429,216
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
Armes Kirk A $99,000 Heinz Law Office, Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armes Kirk A $9,720,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $99,000 -0.9% $38 / Sq Ft
01/01/2019 01/01/19 Pending -- -- --
12/04/2018 12/04/18 For Sale $99,900 -- $38 / 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 $1,300 $130,000 $18,700 $111,300
2023 $1,195 $119,100 $18,700 $100,400
2022 $1,063 $106,500 $18,700 $87,800
2021 $974 $97,600 $18,700 $78,900
2020 $928 $93,000 $18,700 $74,300
2019 $895 $89,700 $18,700 $71,000
2018 $0 $83,100 $18,700 $64,400
2017 $0 $88,200 $18,700 $69,500
2016 -- $82,400 $18,700 $63,700
2014 -- $79,800 $15,700 $64,100
2013 -- $80,400 $18,700 $61,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2018013343

Southern Indiana REALTORS® Association

APN: 88-24-18-441-024.000-022