NOT LISTED FOR SALE

406 Cox Ferry Rd Salem, IN 47167

Estimated Value: $112,000

3 Beds
2 Baths
1,464 Sq Ft
$77/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $37,000 $25 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $708/month

Highlights

  • 1.5 Acre Lot
  • 1-Story Property
  • Ceiling Fan
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of August 2016

Large home, convenient location. Great lot. 3 bedroom, 1 bath on 1.5 acres, oversized garage. Located at the end of town, convenient to everything. Cheaper than rent, or a great investment. Does need some work. Buyer or buyer's agent to verify sq. ft., schools, taxes, and exemptions (exemptions may fall off). Square foot measurements are approx. Sold as-is. Proof of funds or pre-qualification letter required when submitting an offer. Any licensed agent purchasing a REO property from seller as a principal will not receive the selling portion of the sales commission.

Last Agent to Sell the Property

Linda Simon

Real Estate Unlimited License #RB14027682 Listed on: 06/30/2016

Last Buyer's Agent

Mark Day

The Day Company REALTORS License #RB14030049

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $510

Year Built

  • Built in 1948

Lot Details

  • 1.5 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 882418224002000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$510

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Improvements: 65300
  • Annual Tax: 510
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 21100
  • Legal Description: PT NE 18-2-4 1.50 AC (DEED CALLS FOR 1.68 AC)
  • Parcel Number: 882418224002000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 86400
  • Total Finished Square Footage: 1464
  • Type: 1 Story
  • Year Built: 1948
  • Special Features: 20

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1464.00
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 65340.00
  • Room Count: 7
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1464
  • Total Rooms: 5

Garage/Parking

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

Utilities

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

Lot Info

  • Acres: 1.5000
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2023
Sold by
M Exchanges Investment Ii Llc
Bought by
Big Red One Storage Llc
Current Estimated Value
$112,000

Purchase Details

Closed on
May 19, 2023
Sold by
Robertson Marlon L
Bought by
M Exchanges Investment Ii Llc

Purchase Details

Closed on
Aug 1, 2019
Sold by
Robertson Marlon L
Bought by
Robertson Marlon L

Purchase Details

Closed on
Jul 29, 2019
Sold by
Robertson Marlon L
Bought by
Robertson Marlon L

Purchase Details

Listed on
Jun 30, 2016
Closed on
Aug 5, 2016
Sold by
U S Bank National Association As Successor By
Bought by
Robertson Marlon L
Seller's Agent
Linda Simon
Real Estate Unlimited
Buyer's Agent
Mark Day
The Day Company REALTORS
List Price
$44,900
Sold Price
$37,000
Premium/Discount to List
-$7,900
-17.59%

Purchase Details

Closed on
Feb 17, 2015
Sold by
Fleenor Timothy and Fleenor Becky Jo
Bought by
U S Bank National Association

Purchase Details

Closed on
Feb 28, 2006
Sold by
Albertson Johnny and Albertson Dora
Bought by
Fleenor Timothy and Fleenor Becky Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 14, 2005
Sold by
National City Bank Of Indiana
Bought by
Albertson Johnny and Albertson Dora
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
Big Red One Storage Llc -- None Listed On Document
M Exchanges Investment Ii Llc $1,318,590 None Listed On Document
Robertson Marlon L -- None Available
Robertson Marlon L -- None Available
Robertson Marlon L $37,000 --
U S Bank National Association $82,790 None Available
Fleenor Timothy -- None Available
Albertson Johnny -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fleenor Timothy $58,000
Previous Owner Fleenor Timothy $14,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2016 08/05/16 Sold $37,000 -17.6% $25 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $44,900 -- $31 / 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 $21,858 $728,600 $37,300 $691,300
2023 $22,641 $754,700 $37,300 $717,400
2022 $21,570 $719,000 $37,300 $681,700
2021 $15,003 $500,100 $37,300 $462,800
2020 $5,721 $190,700 $37,300 $153,400
2019 $5,088 $258,200 $30,700 $227,500
2018 $489 $16,300 $16,300 $0
2017 $900 $30,000 $16,300 $13,700
2016 $903 $73,300 $24,200 $49,100
2014 $358 $86,400 $21,100 $65,300
2013 $337 $85,800 $24,200 $61,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201604341

Southern Indiana REALTORS® Association

APN: 88-24-18-224-002.000-022