$160,000
SOLD NOV 9, 2018

4877 S Martinsburg Rd Salem, IN 47167

3 Beds
1 Bath
1,728 Sq Ft
5.55 Acres

Recently Sold

$93 Per Sq Ft

9% Below List Price

19 Days on Market

Highlights

  • Wood Burning Stove
  • Wooded Lot
  • 1 Fireplace
  • Secluded Lot
  • Park or Greenbelt View
  • Covered patio or porch

About This Home

As of November 2018

ONE OF A KIND HOME...Cabin nestled on 5.5 wooded acres built from logs reclaimed from 1830's log home. 3 BR, 1 BA with new roof, new carpet and tile, new forced air furnace, updated A/C, Hardy wood stove and 30x24 detached garage/workshop, fully insulated with heat. Enjoy the abundant wildlife while relaxing on the porch in a secluded setting. Conveniently located less than 30 miles from Louisville Metro.

Last Agent to Sell the Property

Linda Ward Temple

eXp Realty, LLC License #RB14039918 Listed on: 09/20/2018

eXp Realty, LLC

Last Buyer's Agent

Kevin Kelly

RE/MAX FIRST License #RB17001181

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,139

Year Built

  • Built in 1986

Lot Details

  • 5.55 Acre Lot
  • Secluded Lot
  • Wooded Lot
  • Property is zoned Agri/ Residential

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Block Foundation
  • Poured Concrete
  • Frame Construction
  • Wood Siding
  • Metal Siding
  • Wood Trim

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • First Floor Utility Room
  • Park or Greenbelt Views

Kitchen

  • Eat-In Kitchen
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 881411000015000013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,139

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Improvements: 107400
  • Annual Tax: 1139
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Concrete Block, Poured Concrete
  • Land Assessment: 38300
  • Legal Description: EH SW 11-1-4 5.55 AC TRACT #8
  • Numof Fireplaces: 1
  • Out Buildings: Garage, Shed
  • Parcel Number: 881411000015000013
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 145700
  • Total Deduction Amnt: 75965
  • Total Finished Square Footage: 1728
  • Type: 2 Story
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar, Crawl Space, Outside Entrance, Partial, Unfinished
  • Above Grade Finished Sq Ft: 1728.00
  • Appliances: Garage Door Opener, Microwave
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Fireplace: Wood Stove
  • Interior Amenities: 1st Floor Utility, Ceiling Fan(s), Eat-In Kitchen, Natural Wood Trim, Wood Stove
  • Lot Sq Ft: 241758.00
  • Room Count: 7
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1728
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Metal Siding, Wood

Garage/Parking

  • Garage Type: Detached, Front Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: East Washington

Lot Info

  • Acres: 5.5500
  • Lot Description: Park-Like View, Secluded Lot, Wooded Lot
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Nov 9, 2018
Sold by
Norris Washington Kathryn I
Bought by
Leuenberger Bradley J
Seller's Agent
Linda Ward Temple
eXp Realty, LLC
Buyer's Agent
Kevin Kelly
RE/MAX FIRST
List Price
$174,900
Sold Price
$160,000
Premium/Discount to List
-$14,900
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$157,102
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2018
Sold by
Spears Jerry L D
Bought by
Norris In Kathryn I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $160,000 --
Warranty Deed $160,000 Agency Title Inc
Deed -- --
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $156,757 FHA
Closed $157,102 FHA
Previous Owner $61,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $199,999 0.0% $119 / Sq Ft
07/03/2025 07/03/25 Pending -- -- --
06/05/2025 06/05/25 Price Changed $199,999 -11.1% $119 / Sq Ft
05/25/2025 05/25/25 For Sale $224,999 +40.6% $134 / Sq Ft
11/09/2018 11/09/18 Sold $160,000 -8.5% $93 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $174,900 -- $101 / 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 $1,405 $163,300 $38,200 $125,100
2023 $1,295 $151,000 $38,200 $112,800
2022 $1,453 $149,100 $38,200 $110,900
2021 $1,423 $142,900 $38,200 $104,700
2020 $1,341 $136,600 $38,200 $98,400
2019 $1,242 $135,800 $38,200 $97,600
2018 $1,325 $145,600 $38,200 $107,400
2017 $1,139 $145,700 $38,300 $107,400
2016 $922 $134,300 $38,300 $96,000
2014 $697 $120,800 $28,100 $92,700
2013 $788 $124,900 $38,300 $86,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2018011943

Southern Indiana REALTORS® Association

APN: 88-14-11-000-015.000-013