NOT LISTED FOR SALE

4285 S Fallen Barn Ln Salem, IN 47167

Estimated Value: $215,000 - $322,923

2 Beds
2 Baths
1,296 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 04, 2012

Last sale price $125,000 $96 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,548/month

Highlights

  • Panoramic View
  • Open Floorplan
  • Corner Lot
  • East Washington Elementary School Rated 9+
  • Creek On Lot
  • Covered Patio or Porch

About This Home

As of June 2012

One year old custom built Country Home close to town! Situated on 6+ Acres with road frontage on three sides, is currently 2 BR with room for 3 BR, this property features a cathedral ceiling, open floor plan, ceiling fans, garden, fruit and nut trees, and attached carport. Gorgeous views from your covered deck!

Last Agent to Sell the Property

Laura Bishop

HOOSIER REALTY License #RB14034898 Listed on: 12/30/2011

Co-Listed By

Jennifer Nichols

Lopp Real Estate Brokers License #RB14039959

Last Buyer's Agent

OUTSIDE AGENT

OUTSIDE COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $220

Year Built

  • Built in 2010

Lot Details

  • 6.59 Acre Lot
  • Corner Lot
  • Property is zoned Agri/ Residential

Parking

  • 2 Car Garage
  • Carport
  • Off-Street Parking

Property Views

  • Panoramic
  • Scenic Vista

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Thermal Windows
  • Family Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Creek On Lot
  • Covered Patio or Porch

Farming

  • Hobby or Recreation Farm

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 881409000002007013

Home Details

Home Type

Single Family

Est. Annual Taxes

$220

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Improvements: 58300
  • Additional Parking: Off Street
  • Annual Tax: 220
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Mortgage
  • Foundation: Concrete Block
  • Land Assessment: 19000
  • Legal Description: Lot # 7 Former Day #2 Farm PT NW 9-1-4 6.587 AC.
  • Lot Dimensions: 6.587 AC.
  • Parcel Number: 881409000002007013
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 87300
  • Total Finished Square Footage: 1296
  • Type: 1 Story
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 1296.00
  • Appliances: Dishwasher, Microwave
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Interior Amenities: Bath Master, Breakfast Bar, Ceiling Fan(s), Family Room, Open Floor Plan, Split Bedrooms
  • Lot Measurement: Acres
  • Lot Sq Ft: 286930.00
  • Room Count: 6
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1296
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Thermopane Windows

Garage/Parking

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

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Heat Pump
  • Water: Creek
  • Water Type: Public Onsite

Schools

  • School District: East Washington

Lot Info

  • Acres: 6.5900
  • Farm Type: Gentleman
  • Lot Description: Corner Lot, Panoramic View, Scenic View
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2020
Sold by
Hook Gary R
Bought by
Frankhouser Jonathon A and Frankhouser Brittany
Current Estimated Value
$258,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,764
Outstanding Balance
$11,314
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$247,667

Purchase Details

Closed on
May 7, 2019
Sold by
Adams Jackie D and Adams Nancy S
Bought by
Hook Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,427
Interest Rate
4%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Dec 30, 2011
Closed on
Jun 4, 2012
Sold by
Vergason Darwin L and Vergason Debra L
Bought by
Adams Jackie D
Seller's Agent
Laura Bishop
HOOSIER REALTY
Buyer's Agent
OUTSIDE AGENT
OUTSIDE COMPANY
List Price
$137,900
Sold Price
$125,000
Premium/Discount to List
-$12,900
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$100,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2009
Sold by
Franklin Mortgage Asset Trust 2009 & A
Bought by
Vergason Debra L

Purchase Details

Closed on
Jul 14, 2009
Sold by
Murphy Timothy and Murphy Barbara Ann
Bought by
Franklin Mortgage Asset Trust
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
Frankhouser Jonathon A $130,000 Momentum Title Agency, Llc
Hook Gary R $126,500 Trinity Title Group
Adams Jackie D -- None Available
Vergason Debra L -- None Available
Franklin Mortgage Asset Trust $112,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frankhouser Jonathon A $12,764
Previous Owner Hook Gary R $4,427
Previous Owner Adams Jackie D $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2012 06/04/12 Sold $125,000 -9.4% $96 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
12/30/2011 12/30/11 For Sale $137,900 -- $106 / 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 $2,029 $217,100 $42,400 $174,700
2023 $1,886 $203,300 $42,400 $160,900
2022 $1,869 $173,600 $42,400 $131,200
2021 $1,360 $140,900 $42,400 $98,500
2020 $1,447 $147,500 $42,400 $105,100
2019 $1,623 $163,600 $42,400 $121,200
2018 $1,576 $163,700 $42,400 $121,300
2017 $1,315 $159,600 $42,400 $117,200
2016 $1,060 $145,400 $42,400 $103,000
2014 $777 $129,600 $29,100 $100,500
2013 $938 $139,200 $42,400 $96,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Laura Bishop

    HOOSIER REALTY

    Section Image
  • Jennifer Nichols

    Seller Co-Listing Agent in 2012

    Jennifer Nichols

    Lopp Real Estate Brokers

    (812) 620-2895

    47 Total Sales

    Jennifer Nichols
    Section Image

  • O

    Buyer's Agent in 2012

    OUTSIDE AGENT

    OUTSIDE COMPANY

See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201108363

Southern Indiana REALTORS® Association

APN: 88-14-09-000-002.007-013

Indiana Washington County Salem 47167

4285 S Fallen Barn Ln, Salem, IN

This home is located at 4285 S Fallen Barn Ln, Salem, IN 47167 since 30 December 2011 and is currently estimated at $258,981, approximately $199 per square foot. This property was built in 2010. 4285 S Fallen Barn Ln is a home located in Washington County with nearby schools including East Washington Elementary School, East Washington Middle School, and Eastern 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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