NOT LISTED FOR SALE

406 N Posey St Salem, IN 47167

Estimated Value: $179,000 - $198,000

4 Beds
1 Bath
1,760 Sq Ft
$106/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $115,000 $65 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,109/month

Highlights

  • Main Floor Primary Bedroom
  • First Floor Utility Room
  • Landscaped
  • Park or Greenbelt View
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2019

LOW MAINTENANCE HOME IN-TOWN SALEM. This property has a COUNTRY FEEL, with many MATURE TREES, and pleasantly LANDSCAPED. Home has OVER 1,700 TFLS, LARGE KITCHEN with KITCHEN APPLIANCES TO STAY! 4 BEDROOMS!, unfinished basement, with OVERSIZE 2-car garage 24 X 30 with WORKSHOP with electric & heater, "attached to garage" 1-car carport 12 X 30, that could be used as a COVERED CONCRETE PATIO, for ENTERTAINING. 2 LAUNDRY LOCATIONS: 1ST FLR & BASEMENT. NEW METAL ROOF/2016. Walking distance to SALEM Schools, YMCA, hospital and shopping. Property being SOLD AS-IS. Inspections are welcome at Buyer’s expense. Seller will make no inspection repairs. Square footage, room sizes are approx., acreage, and school system, Buyer(s) should verify. Front Porch swing and landscaping ornamental items WILL NOT STAY.

Last Agent to Sell the Property

Tammie McIntyre

Brixton Realty License #RB14039030 Listed on: 06/26/2019

Last Buyer's Agent

Amanda Cole

Keller Williams Realty Consultants License #RB14042297

Keller Williams Realty Consultants

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $643

Year Built

  • Built in 1935

Lot Details

  • 0.25 Acre Lot
  • Street terminates at a dead end
  • Landscaped

Parking

  • 2 Car Detached Garage
  • Carport
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Farm
  • Poured Concrete
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Blinds
  • Window Screens
  • First Floor Utility Room
  • Park or Greenbelt Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882417332012000022

Property Details

Property Type

Other

Est. Annual Taxes

$643

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Improvements: 57400
  • Annual Tax: 643
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 13400
  • Legal Description: DEP. PT LOT 201
  • Lot Dimensions: see lot size
  • Out Buildings: Garage
  • Parcel Number: 882417332012000022
  • Property Sub Type: Farm
  • Property Type: Residential/Farm
  • Total: 70800
  • Total Deduction Amnt: 56724
  • Total Finished Square Footage: 1760
  • Type: 1.5 Story
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Unfinished
  • Above Grade Finished Sq Ft: 1760.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Blinds, Ceiling Fan(s), Pantry, Sump Pump
  • Lot Sq Ft: 10890.00
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1760
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Landscaped, Screens, Vinyl Siding

Garage/Parking

  • Garage Type: Carport, Detached, Side Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.2500
  • Lot Description: Dead End Street, Park-Like View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Oct 17, 2019
Sold by
Crockett Kerry B and Crockett Lolita D
Bought by
Gowan Lindsey
Seller's Agent
Tammie McIntyre
Brixton Realty
Buyer's Agent
Amanda Cole
Keller Williams Realty Consultants
List Price
$117,500
Sold Price
$115,000
Premium/Discount to List
-$2,500
-2.13%
Current Estimated Value
$187,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,352
Avg. Annual Appreciation
8.50%
Original Mortgage
$116,161
Outstanding Balance
$101,553
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$85,799

Purchase Details

Closed on
Apr 20, 2007
Sold by
Lee Pamela S and Chofey Sharon C
Bought by
Crockett Tiffany
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gowan Lindsey $115,000 Salem Title Corp
Crockett Tiffany -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gowan Lindsey $116,161
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2019 10/17/19 Sold $115,000 -2.1% $65 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
09/10/2019 09/10/19 Price Changed $117,500 0.0% $67 / Sq Ft
09/10/2019 09/10/19 For Sale $117,500 -2.0% $67 / Sq Ft
09/02/2019 09/02/19 Pending -- -- --
08/07/2019 08/07/19 Price Changed $119,900 -4.0% $68 / Sq Ft
07/22/2019 07/22/19 Price Changed $124,900 -3.8% $71 / Sq Ft
06/26/2019 06/26/19 For Sale $129,900 -- $74 / 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 $1,330 $133,000 $13,400 $119,600
2023 $1,260 $122,800 $13,400 $109,400
2022 $1,091 $110,800 $13,400 $97,400
2021 $996 $101,300 $13,400 $87,900
2020 $995 $101,200 $13,400 $87,800
2019 $687 $75,200 $13,400 $61,800
2018 $643 $70,800 $13,400 $57,400
2017 $562 $74,400 $13,400 $61,000
2016 $454 $70,100 $13,400 $56,700
2014 $420 $69,500 $12,500 $57,000
2013 $376 $67,300 $13,400 $53,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201908825

Southern Indiana REALTORS® Association

APN: 88-24-17-332-012.000-022