NOT LISTED FOR SALE

407 N Mill St Salem, IN 47167

Estimated Value: $95,000 - $130,372

1 Bed
1 Bath
934 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $55,000 $59 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $668/month

85 Days on Market

Highlights

  • Open Floorplan
  • Backs to Open Ground
  • Corner Lot
  • Traditional Architecture
  • Wood Flooring
  • Community Pool

About This Home

As of May 2018

MOVE-IN Ready! 1bd/1ba House! Extra bonus room (possible 2nd bedroom)! Attached carport! Large lot! Covered front porch! Deck w/ ramp! New Carpet! Hardwood floors in living area! Freshly painted! Arched doorways! 1st floor utility room! Dining room! Built-in bookcase! Large open kitchen! Call us today for your showing!

Last Buyer's Agent

Bedford NonMember

NonMember BED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $239

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Backs to Open Ground
  • Corner Lot

Parking

  • 1 Car Garage
  • Carport

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Ceiling Fan
  • Partially Finished Basement
  • Basement Cellar
  • Storm Windows

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Forced Air Heating System

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 88-24-17-331-037.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$239

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Style: One Story
  • Architectural Style: Traditional
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: 13-17-331-037.000-22 DEP. PT LOT 158 |
  • Parcel Number ID: 88-24-17-331-037.000-022
  • Platted: Yes
  • Amenities: Built-In Bookcase, Ceiling Fan(s), Countertops-Laminate, Deck Open, Dryer Hook Up Electric, Open Floor Plan, Porch Covered, Range/Oven Hook Up Elec, Storm Windows, Main Floor Laundry, Washer Hook-Up
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1868
  • Total Finished Sq Ft: 934
  • Above Grade Finished Sq Ft: 934
  • Below Grade Sq Ft: 934
  • Basement: Yes
  • Basement Foundation: Cellar, Partial Basement
  • Basement Material: Poured Concrete
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 14x13, On Level: Main
  • Kitchen: Dimensions: 13x12, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: Dimensions: 12x13, On Level: Main
  • Family Room: On Level: N/A
  • Den: On Level: N/A
  • Recreation Room: On Level: N/A
  • Extra Room: On Level: N/A
  • Bedroom 1: Dimensions: 12x13, On Level: Main
  • Bedroom 2: On Level: N/A
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Bedroom 5: On Level: N/A
  • Other Room1: On Level: N/A
  • Other Room 2: On Level: N/A
  • Other Room 3: On Level: N/A
  • Loft: On Level: N/A
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 934

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Pool: Yes
  • Outbuilding2: None

Garage/Parking

  • Garage Type: Carport
  • Garage Number Of Cars: 1
  • Garage: Yes

Utilities

  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 9

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 0.24
  • Estimated Lot Sq Ft: 10454
  • Estimated Lot Size Acres: 0.24

Tax Info

  • Annual Taxes: 239
  • Exemptions: Homestead, Mortgage, Supplemental

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2018
Closed on
May 23, 2018
Sold by
Freel Jerry L
Bought by
Cleek Jr Jerald D
Buyer's Agent
Bedford NonMember
NonMember BED
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Current Estimated Value
$116,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,343
Avg. Annual Appreciation
10.37%
Original Mortgage
$44,000
Outstanding Balance
$26,069
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$90,274

Purchase Details

Listed on
Jun 19, 2017
Closed on
Jul 25, 2017
Sold by
Regions Bank
Bought by
Freel Jerry L
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
Becky Castle
Mainstreet REALTORS
List Price
$19,200
Sold Price
$26,500
Premium/Discount to List
$7,300
38.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146.32%

Purchase Details

Closed on
Mar 21, 2017
Sold by
Newlon Roger L
Bought by
Regions Bank and Regions Mortgage

Purchase Details

Closed on
Jun 20, 2012
Sold by
Seal Benjamin C
Bought by
Gay Andrew H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,122
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cleek Jr Jerald D $55,000 --
Cleek Jerald D -- None Available
Freel Jerry L $26,500 Insight Title
Regions Bank $42,600 None Available
Regions Mortgage $42,600 Feiwell & Hannoy, Pc
Gay Andrew H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cleek Jerald D $44,000
Previous Owner Gay Andrew H $56,122
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2018 05/23/18 Sold $55,000 -8.2% $59 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $59,900 +126.0% $64 / Sq Ft
07/31/2017 07/31/17 Sold $26,500 +38.0% $28 / Sq Ft View Prior Sale
07/13/2017 07/13/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $19,200 -- $21 / Sq Ft
Source: Indiana Regional MLS

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 $669 $68,900 $13,100 $55,800
2023 $622 $63,100 $13,100 $50,000
2022 $576 $56,600 $13,100 $43,500
2021 $533 $52,300 $13,100 $39,200
2020 $531 $52,100 $13,100 $39,000
2019 $513 $50,300 $13,100 $37,200
2018 $476 $46,600 $13,100 $33,500
2017 $948 $47,200 $13,100 $34,100
2016 $239 $44,200 $13,100 $31,100
2014 $216 $43,700 $12,400 $31,300
2013 $202 $43,500 $13,100 $30,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201803484

Indiana Regional MLS

APN: 88-24-17-331-037.000-022