NOT LISTED FOR SALE

407 Arthur St Salem, IN 47167

Estimated Value: $129,000 - $157,000

3 Beds
1 Bath
1,200 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $125,000 $104 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $886/month

28 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Thermal Windows
  • Corner Lot
  • First Floor Utility Room
  • Shed

About This Home

As of July 2021

You will fall in love with this adorable totally renovated 3BR/1Ba home in beautiful Salem. Virtually everything is brand spanking new! Notice the front porch with the composite decking. No need for staining here! This matches the large back covered deck that is Amish built. Tons of space for family get togethers & BBQ's. Step into the house & you'll be amazed at all the new waterproof luxury vinyl flooring throughout the house. Freshly painted & some original wood accents. Lots of storage in the kitchen w/some new pantry cabinets & new stainless appliances, sink & counters. Perfect starter or downsizer home. Nice flat yard. City has approved a variance for building a 30x40 detached garage. This summer enjoy the orchard peaches from the trees planted on the side. You will have grapes soon to enjoy that were carefully planted on the vineyard pergola. Brand new metal roof lasting for years! New electric box inside & outside. Energy efficient blown in insulation 2019 walls & attic. Insulated vinyl siding. Soft light brand energy efficient windows. Ready to call home! Sq ft & rm sz approx.

Last Agent to Sell the Property

Sherri Banet

Schuler Bauer Real Estate Services ERA Powered (N License #RB14038991 Listed on: 05/17/2021

Schuler Bauer Real Estate Services ERA Powered  (N

Last Buyer's Agent

Megan Paz

Green Tree Real Estate Services License #RB17002161

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,141

Year Built

  • Built in 1928

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 144 x 72
  • Landscaped
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Block Foundation
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Blinds
  • Window Screens
  • First Floor Utility Room

Kitchen

  • Self-Cleaning Oven
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882420113007001022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,141

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Improvements: 35400
  • Additional Parking: Off Street
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Brick (Solid), Concrete Block
  • Land Assessment: 13100
  • Legal Description: 13-20-113-007.000-22 R.C. MORRIS LOT 78
  • Lot Dimensions: 144 x 72
  • Out Buildings: Shed
  • Parcel Number: 882420113007001022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 48500
  • Total Deduction Amnt: 50300
  • Total Finished Square Footage: 1200
  • Type: 1 Story
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar, Crawl Space
  • Above Grade Finished Sq Ft: 1200.00
  • Appliances: Clothes Dryer, Clothes Washer, Microwave, Oven Self Clean, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Blinds, Natural Wood Trim, Pantry, Sump Pump
  • Lot Sq Ft: 10454.40
  • Room Count: 8
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 1200
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Covered Porch, Deck, Landscaped, Screens, Thermopane Windows

Utilities

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

Lot Info

  • Acres: 0.2400
  • Lot Description: Corner Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jul 21, 2021
Sold by
Bryant Timothy Jerome
Bought by
Bays Veronica Ray
Seller's Agent
Sherri Banet
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Megan Paz
Green Tree Real Estate Services
List Price
$149,900
Sold Price
$125,000
Premium/Discount to List
-$24,900
-16.61%
Current Estimated Value
$145,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,528
Avg. Annual Appreciation
5.42%
Original Mortgage
$122,735
Outstanding Balance
$112,892
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$42,390
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
Bays Veronica Ray -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bays Veronica Ray $122,735
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2021 07/21/21 Sold $125,000 -10.7% $104 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
05/27/2021 05/27/21 Price Changed $139,900 -6.7% $117 / Sq Ft
05/17/2021 05/17/21 For Sale $149,900 -- $125 / 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 $1,141 $114,100 $13,100 $101,000
2023 $1,038 $103,600 $13,100 $90,500
2022 $915 $91,600 $13,100 $78,500
2021 $0 $52,700 $13,100 $39,600
2020 $0 $50,300 $13,100 $37,200
2019 $0 $48,500 $13,100 $35,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202107836

Southern Indiana REALTORS® Association

APN: 88-24-20-113-007.001-022