NOT LISTED FOR SALE

4823 E Farabee Rd Salem, IN 47167

Estimated Value: $48,261 - $66,000

5.78 Acres
$9,397 Price per Acre
251,777 Sq Ft Lot

Sale Details

Date Sold: November 11, 2022

Last sale price $45,000 $33 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $310 / mo

133 Days on Market

About This Lot

As of November 2022

Build your dream home on this 5.7 acre wooded property! Private and quiet! Property does have a structure on it, but it is a tear down. Call today! This property does have water, electric, and septic; just haven't been used in quite some time.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $425

Lot Details

  • 5.78 Acre Lot
  • Finished Lot(s)

Schools

  • Bradie M Shrum Elementary School
  • Salem Middle School
  • Salem High School

Community Details

  • Nally Farm Division Subdivision

Listing and Financial Details

  • Assessor Parcel Number 88-14-01-000-001.001-013

Property Details

Property Type

Land

Est. Annual Taxes

$425

Lot Details

5.78 Acres

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 18-01-100-001.001-09 PT NE 1-1-4 5.778ac
  • Parcel Number ID: 88-14-01-000-001.001-013
  • Platted: Yes
  • Road Surface: Paved
  • Parcel Description: Partially Wooded
  • Type of Sale: Traditional
  • Type Use: Residential
  • Special Features: None

Utilities

  • Water Utilities: Unknown

Schools

  • Elementary School: Bradie M Shrum

Lot Info

  • Lot Dimensions: 5.78
  • Estimated Lot Sq Ft: 251777
  • Estimated Lot Size Acres: 5.78

Tax Info

  • Annual Taxes: 425

MLS Schools

  • High School: Salem
  • Middle School: Salem
  • School District: Salem Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Nov 11, 2022
Sold by
Salem Property Investments Inc
Bought by
Moore Edward David and Moore Tammy
List Price
$59,500
Sold Price
$45,000
Premium/Discount to List
-$14,500
-24.37%
Views
76
Current Estimated Value
$54,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,315
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Feb 17, 2015
Sold by
Hines James W and Fox Renee
Bought by
Salem Property Investments

Purchase Details

Closed on
Oct 3, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
Fox Renee and Hines James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Moore Edward David $45,000 --
Salem Property Investments $10,000 None Available
Fox Renee -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2022 11/11/22 Sold $45,000 -24.4% $33 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $59,500 -- $43 / Sq Ft
Source: Indiana Regional MLS

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
2025 $235 $13,800 $13,800 $0
2024 $235 $13,200 $13,200 $0
2023 $203 $11,000 $11,000 $0
2022 $168 $22,200 $22,200 $0
2021 $424 $21,200 $21,200 $0
2020 $422 $26,100 $26,100 $0
2019 $539 $27,500 $27,500 $0
2018 $548 $42,900 $39,100 $3,800
2017 $1,287 $80,400 $39,100 $41,300
2016 $1,127 $78,100 $39,100 $39,000
2014 $859 $65,700 $28,300 $37,400
2013 $999 $75,400 $39,100 $36,300
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 202226283

Indiana Regional MLS

APN: 88-14-01-000-001.001-013

Indiana Washington County Salem 47167

4823 E Farabee Rd, Salem, IN

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.

Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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