NOT LISTED FOR SALE

4972 E Motsinger Rd Salem, IN 47167

Estimated Value: $398,000 - $507,000

3 Beds
4 Baths
3,853 Sq Ft
$118/Sq Ft Est. Value

Last Sold September 24, 2018

Last sale price $255,000 $66 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,605/month

54 Days on Market

Highlights

  • Panoramic View
  • Cathedral Ceiling
  • Formal Dining Room
  • East Washington Elementary School Rated 9+
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of September 2018

This BEAUTIFUL EXECUTIVE HOME on 3 acres is absolutely incredible, and just waiting for new owners. With 3853 Sq Ft. of finished living space, there's plenty of room to do more than just 'live'.3 bed (possible 4) with 4 full baths. Large kitchen with a Butler Pantry, Living/ Dining room has lots of natural light from the large windows throughout. The walkout basement features a family room with hickory and cedar accents and has a rustic feel and walks out to a spacious patio. The wrap around porch gives the new owners the ability to sit outside on those bright sunny mornings with a cup of coffee or relaxing in the evenings after a busy day. Basement is plumbed for a second kitchen. Very Peaceful and secluded wooded setting with lots of wildlife. Circular paved driveway to the absolutely gorgeous get away home. Large Amish built shed will house all of your lawn tools. Seller is offering a 1 year home warranty. Sq ft & rm sz approx

Last Agent to Sell the Property

Billie Olson

Schuler Bauer Real Estate Services ERA Powered (N License #RB14043368 Listed on: 06/25/2018

Schuler Bauer Real Estate Services ERA Powered (N

Last Buyer's Agent

Wesley Sama

High Performance Home Group, L License #RB16000646

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,921

Year Built

  • Built in 2004

Lot Details

  • 3 Acre Lot
  • Landscaped

Parking

  • Driveway

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 3,853 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Family Room
  • Formal Dining Room
  • Panoramic Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 881401000016001013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,921

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Annual Tax: 1921
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Home Warranty Provided: HMS
  • Legal Description: 18-01-400-016.000-09 PT SH SE 1-1-4 3 AC
  • Lot Dimensions: see lot size
  • Numof Fireplaces: 1
  • Out Buildings: Shed
  • Parcel Number: 881401000016001013
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 3853
  • Type: 2 Story
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Finished, Full, Walkout
  • Above Grade Finished Sq Ft: 2569.00
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Fireplace: Decorative
  • Interior Amenities: Bath Master, Breakfast Bar, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Eat-In Kitchen, Family Room, Formal Dining Rm, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Lot Sq Ft: 130680.00
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 3853

Exterior Features

  • Exterior Features: Covered Porch, Landscaped, Patio, Paved Driveway
  • Home Warranty: Yes

Utilities

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

Lot Info

  • Acres: 3.0000
  • Lot Description: Panoramic View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2018
Closed on
Sep 24, 2018
Sold by
Richardson Brenda E
Bought by
Wineinger Jonathan M
Seller's Agent
Billie Olson
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Wesley Sama
High Performance Home Group, L
List Price
$300,000
Sold Price
$255,000
Premium/Discount to List
-$45,000
-15%
Current Estimated Value
$454,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,500
Avg. Annual Appreciation
8.17%
Original Mortgage
$229,500
Outstanding Balance
$199,725
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$254,775

Purchase Details

Closed on
Sep 16, 2011
Sold by
Rose Kevin
Bought by
Richardson Brenda E and Costin Jill K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
4.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wineinger Jonathan M $255,000 --
Wineinger Jonathan M $255,000 Heinz Law Office, Llc
Richardson Brenda E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wineinger Jonathan M $229,500
Previous Owner Richardson Brenda E $242,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2018 09/24/18 Sold $255,000 -10.5% $66 / Sq Ft
08/18/2018 08/18/18 Pending -- -- --
08/06/2018 08/06/18 Price Changed $285,000 -5.0% $74 / Sq Ft
06/25/2018 06/25/18 For Sale $300,000 -- $78 / 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 $2,920 $305,900 $28,000 $277,900
2023 $2,478 $265,100 $28,000 $237,100
2022 $2,675 $263,600 $28,000 $235,600
2021 $2,432 $238,900 $28,000 $210,900
2020 $2,326 $228,300 $28,000 $200,300
2019 $2,333 $229,100 $28,000 $201,100
2018 $2,285 $229,000 $28,000 $201,000
2017 $1,921 $230,500 $28,000 $202,500
2016 $1,443 $205,500 $28,000 $177,500
2014 $1,354 $201,800 $25,500 $176,300
2013 $1,320 $201,800 $28,000 $173,800
Source: Public Records

Agents Affiliated with this Home

  • Billie Olson

    Seller's Agent in 2018

    Billie Olson

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 376-9882

    76 Total Sales

    Billie Olson
    Section Image
  • Wesley Sama

    Buyer's Agent in 2018

    Wesley Sama

    High Performance Home Group, L

    (502) 356-6050

    50 Total Sales

    Wesley Sama
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201809926

Southern Indiana REALTORS® Association

APN: 88-14-01-000-016.001-013

Indiana Washington County Salem 47167

4972 E Motsinger Rd, Salem, IN

Not Listed for Sale

Detached

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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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