NOT LISTED FOR SALE

406 Salem Ave Salem, IN 47167

Estimated Value: $61,000 - $141,242

2 Beds
1 Bath
910 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $49,900 $55 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $661/month

94 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Family Room
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of June 2018

Priced right and ready to move in! Check out this well-kept 2 bedroom 1 bath. All appliances included! Refrigerator, stove, microwave, washer and dryer! Covered front porch, two car detached garage. Large corner lot. All new windows in 2012. This one won't last long!

Last Agent to Sell the Property

Adam Keown

The Day Company REALTORS License #RB17001820 Listed on: 01/16/2018

Last Buyer's Agent

Patricia Woods

RE/MAX FIRST License #RB18000010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $345

Year Built

  • Built in 1940

Lot Details

  • 0.3 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 910 Sq Ft Home
  • 1-Story Property
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Cellar
  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882417113092000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$345

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Improvements: 45500
  • Annual Tax: 345
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block, Crawl Space
  • Land Assessment: 15000
  • Legal Description: BRESSIE LOT 12 BRESSIE PT LOT 13
  • Out Buildings: Garage
  • Parcel Number: 882417113092000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 60500
  • Total Deduction Amnt: 47770
  • Total Finished Square Footage: 910
  • Type: 1 Story
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar, Crawl Space
  • Above Grade Finished Sq Ft: 910.00
  • Appliances: Clothes Dryer, Clothes Washer, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: Eat-In Kitchen, Family Room
  • Lot Sq Ft: 13068.00
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 910
  • Total Rooms: 5

Garage/Parking

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

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 0.3000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2018
Closed on
Jun 6, 2018
Sold by
Lloyd Adam R
Bought by
Shalyn Newbolds
Seller's Agent
Adam Keown
The Day Company REALTORS
Buyer's Agent
Patricia Woods
RE/MAX FIRST
List Price
$49,900
Sold Price
$49,900
Current Estimated Value
$109,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,911
Avg. Annual Appreciation
12.88%
Original Mortgage
$50,404
Outstanding Balance
$44,046
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$75,612

Purchase Details

Closed on
Oct 22, 2014
Sold by
Lloyd Adam R
Bought by
Lloyd Adam R and Lloyd Jessica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,088
Interest Rate
4.15%
Mortgage Type
Closed End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Shalyn Newbolds $49,900 --
Newbolds Shalyn $49,900 Salem Title Corp
Lloyd Adam R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newbolds Shalyn $50,404
Previous Owner Lloyd Adam R $41,088
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2018 06/06/18 Sold $49,900 0.0% $55 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $49,900 0.0% $55 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $49,900 -- $55 / 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 $758 $78,100 $15,000 $63,100
2023 $707 $72,900 $15,000 $57,900
2022 $668 $66,800 $15,000 $51,800
2021 $615 $61,500 $15,000 $46,500
2020 $592 $59,200 $15,000 $44,200
2019 $595 $59,500 $15,000 $44,500
2018 $561 $56,100 $15,000 $41,100
2017 $436 $64,000 $15,000 $49,000
2016 $345 $60,500 $15,000 $45,500
2014 $301 $58,400 $12,800 $45,600
2013 $350 $58,300 $15,000 $43,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Adam Keown

    The Day Company REALTORS

    Section Image

  • P

    Buyer's Agent in 2018

    Patricia Woods

    RE/MAX

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201805277

Southern Indiana REALTORS® Association

APN: 88-24-17-113-092.000-022

Indiana Washington County Salem 47167

406 Salem Ave, Salem, IN

This home is located at 406 Salem Ave, Salem, IN 47167 since 16 January 2018 and is currently estimated at $109,811, approximately $120 per square foot. This property was built in 1940. 406 Salem Ave 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.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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