NOT LISTED FOR SALE

4300 E Farabee Rd Salem, IN 47167

Estimated Value: $338,000 - $368,000

4 Beds
3 Baths
2,612 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $305,500 $117 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,072/month

Highlights

  • Scenic Views
  • Deck
  • Main Floor Primary Bedroom
  • East Washington Elementary School Rated 9+
  • Pole Barn
  • Bonus Room

About This Home

As of May 2021

Beautiful country charm renovated farmhouse out in country! 4bd/3ba on a little over 4 acres just waiting for the next family to make it their new dream house! Plenty of room to spread out! Rooms are large! A lot of storage! HUGE pantry area behind the kitchen! Nice foyer entry off the side deck! Fenced back yard is great for kids or pets safe and enclosed! Unfinished partial basement/cellar for storage or storm shelter! Many updates made in the last few years to this home, don't miss out! Should pass any financing!

Last Agent to Sell the Property

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 03/23/2021

Last Buyer's Agent

Gayle Krieger

Mainstreet REALTORS License #RB18000730

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,234

Year Built

  • Built in 1926

Lot Details

  • 4.2 Acre Lot
  • Fenced Yard
  • Garden

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,612 Sq Ft Home
  • 1.5-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • First Floor Utility Room
  • Storage
  • Scenic Vista Views
  • Unfinished Basement
  • Basement Cellar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Garden Bath

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 881401000007006013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,234

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Improvements: 184000
  • Additional Parking: Off Street
  • Annual Tax: 2234
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Land Assessment: 32800
  • Legal Description: PT NH NW 1-1-4 4.2 AC.
  • Out Buildings: Pole Barn
  • Parcel Number: 881401000007006013
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 216800
  • Total Deduction Amnt: 102915
  • Total Finished Square Footage: 2612
  • Type: 1.5 Story
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar, Unfinished
  • Above Grade Finished Sq Ft: 2612.00
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Added Storage, Bath Master, Bonus Room, Built-In Bookcase, Ceiling Fan(s), Den/Office, Family Room, Formal Dining Rm, Foyer, Garden Tub, Pantry, Split Bedrooms
  • Lot Sq Ft: 182952.00
  • Room Count: 12
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2612
  • Total Rooms: 9

Exterior Features

  • Exterior Features: Covered Porch, Deck, Fenced Yard, Vinyl Siding

Garage/Parking

  • Garage Type: Pole Barn
  • Garage Spaces: 2

Utilities

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

Lot Info

  • Acres: 4.2000
  • Lot Description: Garden Area, Scenic View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Hopper Christine Renee
Bought by
Goulart Laura
Current Estimated Value
$347,123

Purchase Details

Listed on
Mar 23, 2021
Closed on
May 28, 2021
Sold by
Mousty Jocelyn M
Bought by
Walters Kurtis and Walters Christine
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
Gayle Krieger
Mainstreet REALTORS
List Price
$299,900
Sold Price
$305,500
Premium/Discount to List
$5,600
1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$299,966
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2020
Sold by
Hover Shaw Courtney and Shaw Christopher
Bought by
Mousty Jocelyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,145
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 2, 2020
Sold by
Core Construction & Development Llc
Bought by
Hover Shaw Courtney and Shaw Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,575
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2018
Closed on
Sep 11, 2018
Sold by
Brian Hornung
Bought by
Core Construction And Development Llc
Seller's Agent
Becca Potter
RE/MAX FIRST
Buyer's Agent
Angela Bauer
RE/MAX FIRST
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
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
Goulart Laura $285,000 None Listed On Document
Walters Kurtis $305,500 None Available
Mousty Jocelyn M -- None Available
Hover Shaw Courtney -- None Available
Core Construction And Development Llc $250,000 --
Core Construction And Development Llc $250,000 Momentum Title Agency, Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walters Kurtis $299,966
Previous Owner Mousty Jocelyn M $263,145
Previous Owner Hover Shaw Courtney $245,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2021 05/28/21 Sold $305,500 +1.9% $117 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $299,900 +20.0% $115 / Sq Ft
09/11/2018 09/11/18 Sold $250,000 0.0% $90 / Sq Ft View Prior Sale
08/15/2018 08/15/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $250,000 -- $90 / 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 $2,704 $283,600 $32,800 $250,800
2023 $2,447 $258,700 $32,800 $225,900
2022 $2,627 $248,300 $32,800 $215,500
2021 $2,385 $223,500 $32,800 $190,700
2020 $2,312 $216,200 $32,800 $183,400
2019 $2,234 $216,800 $32,800 $184,000
2018 $1,313 $147,700 $32,800 $114,900
2017 $1,119 $147,800 $32,800 $115,000
2016 $857 $132,500 $32,800 $99,700
2014 $742 $128,100 $26,700 $101,400
2013 $791 $131,300 $32,800 $98,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202105352

Southern Indiana REALTORS® Association

APN: 88-14-01-000-007.006-013