NOT LISTED FOR SALE

407 W Walnut St Salem, IN 47167

Estimated Value: $81,000 - $150,000

2 Beds
1 Bath
768 Sq Ft
$162/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $70,000 $91 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $856/month

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • Landscaped
  • 2 Car Attached Garage
  • 1-Story Property
  • 2-minute walk to Rielys Park

About This Home

As of February 2022

Check out this 2 bed 1 bath brick home with a full walk out basement and 2 car attached garage. Large kitchen with pantry, brick woodburning fireplace. Potential for 2 more nonconforming bedrooms in basement. Property also includes a separate 15 x 25 structure that could potentially be a rental. Bathroom floor is in the process of being repaired, once repairs are completed this home could possibly be eligible for FHA and USDA financing. Will update pictures accordingly. Home is currently being sold as is. Inspections are welcome but seller is unable to make repairs. Thanks for looking.

Last Agent to Sell the Property

Shaun Johnson

Green Tree Real Estate Services License #RB19002180 Listed on: 07/26/2021

Last Buyer's Agent

OUTSIDE AGENT

OUTSIDE COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,304

Year Built

  • Built in 1980

Lot Details

  • 5,663 Sq Ft Lot
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 882417332050000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,304

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Improvements: 75300
  • Annual Tax: 94
  • Appointment: Not Needed
  • Construction: Existing, Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 8500
  • Legal Description: CHASTAIN PT LOT 7
  • Numof Fireplaces: 1
  • Parcel Number: 882417332050000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 83800
  • Total Deduction Amnt: 72055
  • Total Finished Square Footage: 768
  • Type: 1 Story
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Unfinished, Walkout
  • Above Grade Finished Sq Ft: 768.00
  • Appliances: Clothes Dryer, Disposal, Microwave, Range / Oven, Refrigerator, Satellite
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace: Woodburning
  • Interior Amenities: Ceiling Fan(s), Eat-In Kitchen
  • Lot Sq Ft: 5662.80
  • Room Count: 5
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 768
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Gazebo, Landscaped

Garage/Parking

  • Garage Type: Attached
  • 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: 0.1300
  • Lot Description: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Feb 7, 2022
Sold by
Ann Camp Shirley
Bought by
New Pekin Properties Llc
Seller's Agent
Shaun Johnson
Green Tree Real Estate Services
Buyer's Agent
OUTSIDE AGENT
OUTSIDE COMPANY
List Price
$99,000
Sold Price
$70,000
Premium/Discount to List
-$29,000
-29.29%
Current Estimated Value
$124,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,712
Avg. Annual Appreciation
17.04%
Original Mortgage
$180,080
Outstanding Balance
$162,996
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
-$38,284

Purchase Details

Closed on
Sep 22, 2020
Sold by
City Of Salem
Bought by
Camp Shirley

Purchase Details

Listed on
Jan 14, 2013
Closed on
Feb 26, 2013
Sold by
Secured Equity Finical Llc
Bought by
Camp Shirley Ann
Seller's Agent
Debbie Curtis
Mainstreet REALTORS
Buyer's Agent
Tammie McIntyre
Brixton Realty
List Price
$39,900
Sold Price
$39,000
Premium/Discount to List
-$900
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Nov 20, 2012
Sold by
Newsome Kelly and Lee John
Bought by
Secured Equity Financial Llc

Purchase Details

Closed on
Feb 2, 2007
Sold by
Webster Cliff
Bought by
Lee John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
10.15%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
New Pekin Properties Llc $70,000 None Listed On Document
Camp Shirley -- None Available
Camp Shirley -- None Available
Camp Shirley Ann -- None Available
Secured Equity Financial Llc -- None Available
Lee John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Pekin Properties Llc $180,080
Previous Owner Lee John $72,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2022 02/07/22 Sold $70,000 -24.7% $91 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $93,000 -6.1% $121 / Sq Ft
07/26/2021 07/26/21 For Sale $99,000 +153.8% $129 / Sq Ft
02/28/2013 02/28/13 Sold $39,000 -2.3% $51 / Sq Ft View Prior Sale
02/11/2013 02/11/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $39,900 -- $52 / 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 $2,304 $115,200 $8,500 $106,700
2023 $2,086 $104,300 $8,500 $95,800
2022 $1,834 $91,700 $8,500 $83,200
2021 $154 $83,900 $8,500 $75,400
2020 $92 $83,800 $8,500 $75,300
2019 $148 $80,300 $8,500 $71,800
2018 $207 $73,200 $8,500 $64,700
2017 $160 $78,500 $8,500 $70,000
2016 $156 $72,200 $8,500 $63,700
2014 $150 $73,600 $8,500 $65,100
2013 $148 $70,700 $8,500 $62,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shaun Johnson

    Green Tree Real Estate Services

    Section Image

  • O

    Buyer's Agent in 2022

    OUTSIDE AGENT

    OUTSIDE COMPANY

  • Debbie Curtis

    Seller's Agent in 2013

    Debbie Curtis

    Mainstreet REALTORS

    (812) 620-2443

    46 in this area

    139 Total Sales

    Debbie Curtis
    Section Image
  • Tammie McIntyre

    Buyer's Agent in 2013

    Tammie McIntyre

    Brixton Realty

    (812) 620-2248

    18 in this area

    94 Total Sales

    Tammie McIntyre
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202109527

Southern Indiana REALTORS® Association

APN: 88-24-17-332-050.000-022

Indiana Washington County Salem 47167

407 W Walnut St, Salem, IN

This home is located at 407 W Walnut St, Salem, IN 47167 since 26 July 2021 and is currently estimated at $124,712, approximately $162 per square foot. This property was built in 1980. 407 W Walnut St 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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