NOT LISTED FOR SALE

4825 E Farabee Rd Salem, IN 47167

Estimated Value: $155,000 - $245,000

2 Beds
1.5 Baths
2,182 Sq Ft
$94/Sq Ft Est. Value

Last Sold August 10, 2015

Last sale price $20,000 $9 Per Sq Ft

Est. 931% increase in value since last sale

Current estimated payment $1,188/month

28 Days on Market

Highlights

  • 12 Acre Lot
  • 1-Story Property
  • Wood Burning Fireplace
  • East Washington Elementary School Rated 9+
  • Forced Air Heating and Cooling System

About This Home

As of August 2015

This very large 2 bedroom home offers a large kitchen, large dining room and a large living room with a wood burning fireplace, first floor master bedroom and 12 ACRES!!!! See attachment for PAS requirements and WFHM offer submittal information in MLS document section.

Last Agent to Sell the Property

Jennifer Jordan

Lighthouse Realty Group, Inc. Listed on: 06/18/2015

Last Buyer's Agent

Jennifer Jordan

Lighthouse Realty Group, Inc. Listed on: 06/18/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $245

Year Built

  • Built in 1900

Lot Details

  • 12

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,182 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • 12 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 88-15-06-000-006.000-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$245

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 115
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: SEC:000 DIST:0015 CITY/MUNI/TWP: TOWNSHIP PT SW NW 6-1-5 7 AC. PT SW 6-1-5 5 AC. MAP REF
  • Parcel Number ID: 88-15-06-000-006.000-015
  • Platted: Yes
  • Sp Lp Percent: 62.5
  • Special Features: None

Interior Features

  • Total Sq Ft: 2182
  • Total Finished Sq Ft: 2182
  • Above Grade Finished Sq Ft: 2182
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Wood Burning
  • Living Great Room: Dimensions: 16x31, On Level: Main
  • Kitchen: Dimensions: 15x15, On Level: Main
  • Dining Room: Dimensions: 15x11, On Level: Main
  • Bedroom 1: Dimensions: 15x15, On Level: Main
  • Bedroom 2: Dimensions: 24x19, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Pole/Post Building, Dimensions: 29x28

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Unknown
  • Water Utilities: Unknown
  • Laundry: Dimensions: 10xMain, On Level: 6

Schools

  • School District: Salem Community Schools
  • Elementary School: Bradie M Shrum
  • Middle School: Salem
  • High School: Salem

Lot Info

  • Lot Description: 10-14.999
  • Lot Dimensions: 522720
  • Estimated Lot Sq Ft: 522720
  • Estimated Lot Size Acres: 12

Tax Info

  • Annual Taxes: 245

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2023
Sold by
Megan Kevin Rose and Mull Travis
Bought by
Asher Shane and Asher Kelsey
Current Estimated Value
$206,179

Purchase Details

Closed on
Jul 28, 2016
Sold by
Rose Megan
Bought by
Harris Kelsey and Asher Shane

Purchase Details

Listed on
Jun 18, 2015
Closed on
Oct 1, 2015
Sold by
Rose Kevin
Bought by
Rose Kevin and Rose Megan
Seller's Agent
Jennifer Jordan
Lighthouse Realty Group, Inc.
Buyer's Agent
Jennifer Jordan
Lighthouse Realty Group, Inc.
List Price
$32,000
Sold Price
$20,000
Premium/Discount to List
-$12,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.89%

Purchase Details

Listed on
Jun 18, 2015
Closed on
Aug 4, 2015
Sold by
U S Bank National Association
Bought by
Rose Kevin
Seller's Agent
Jennifer Jordan
Lighthouse Realty Group, Inc.
Buyer's Agent
Jennifer Jordan
Lighthouse Realty Group, Inc.
List Price
$32,000
Sold Price
$20,000
Premium/Discount to List
-$12,000
-37.5%

Purchase Details

Closed on
Jan 20, 2015
Sold by
Pendleton Charles and Pendleton Charles L
Bought by
U S Bank National Association
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
Asher Shane -- None Listed On Document
Harris Kelsey $47,500 --
Rose Kevin -- None Available
Rose Kevin $20,000 None Available
U S Bank National Association -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2015 08/10/15 Sold $20,000 -37.5% $9 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $32,000 -- $15 / 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 $808 $113,300 $25,200 $88,100
2023 $734 $106,500 $24,400 $82,100
2022 $480 $71,600 $23,400 $48,200
2021 $435 $65,900 $23,000 $42,900
2020 $426 $64,400 $22,900 $41,500
2019 $420 $63,000 $23,600 $39,400
2018 $393 $59,900 $23,700 $36,200
2017 $372 $62,800 $24,200 $38,600
2016 $336 $61,400 $24,500 $36,900
2014 $280 $61,700 $24,300 $37,400
2013 $246 $58,900 $23,700 $35,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201528840

Indiana Regional MLS

APN: 88-15-06-000-006.000-015