NOT LISTED FOR SALE

500 W Market St Salem, IN 47167

Estimated Value: $143,000 - $181,000

3 Beds
1.5 Baths
1,526 Sq Ft
$105/Sq Ft Est. Value

Last Sold September 27, 2017

Last sale price $73,000 $48 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $916/month

Highlights

  • Open Floorplan
  • Formal Dining Room
  • Enclosed Patio or Porch
  • Corner Lot
  • 1 Car Detached Garage
  • 1-minute walk to Rielys Park

About This Home

As of September 2017

Old-town Charm! Motivated Seller! Come check out this 3bd/1.5ba property! Character GALORE! Nice corner lot! Enclosed front porch! Original woodwork throughout! Wood floors under carpet! Built in shelving! Kitchen Pantry! Full basement for storage and shelter from storms! This is a lot of home for your money! Call us today!

Last Agent to Sell the Property

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 08/24/2016

Last Buyer's Agent

Melissa VanLaningham

Schuler Bauer Real Estate Services ERA Powered (N License #RB17000155

Schuler Bauer Real Estate Services ERA Powered (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $980

Year Built

  • Built in 1925

Lot Details

  • 0.27 Acre Lot
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,526 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Formal Dining Room
  • Oven or Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882417333012000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$980

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Improvements: 34900
  • Additional Parking: Off Street
  • Annual Tax: 980
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block, Poured Concrete
  • Land Assessment: 14100
  • Legal Description: STANDISH LOT 1
  • Lot Dimensions: .27
  • Numof Fireplaces: 0
  • Parcel Number: 882417333012000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 49000
  • Total Finished Square Footage: 1526
  • Type: 1 Story
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 1526.00
  • Appliances: Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, Bath 1/2 Master, Formal Dining Rm, Natural Wood Trim, Open Floor Plan, Pantry, Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 11761.00
  • Room Count: 9
  • Sewer Type: Sewer
  • Total Sq Ft: 1526
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Enclosed Porch, Patio, Public Sidewalk

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.2700
  • Lot Description: Corner Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Sep 27, 2017
Sold by
Terrell Byron L
Bought by
Allen Tristan M and Allen Heather
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
Melissa VanLaningham
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$79,900
Sold Price
$73,000
Premium/Discount to List
-$6,900
-8.64%
Current Estimated Value
$160,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,553
Avg. Annual Appreciation
10.30%
Original Mortgage
$76,010
Outstanding Balance
$63,558
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$96,995
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
Allen Tristan M $73,000 Salem Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Tristan M $76,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2017 09/27/17 Sold $73,000 -8.6% $48 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
08/24/2016 08/24/16 For Sale $79,900 -- $52 / 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 $739 $76,100 $14,100 $62,000
2023 $677 $69,800 $14,100 $55,700
2022 $628 $62,800 $14,100 $48,700
2021 $577 $57,700 $14,100 $43,600
2020 $551 $55,100 $14,100 $41,000
2019 $533 $53,300 $14,100 $39,200
2018 $495 $49,500 $14,100 $35,400
2017 $435 $52,300 $14,100 $38,200
2016 $980 $49,000 $14,100 $34,900
2014 -- $47,700 $12,700 $35,000
2013 -- $48,000 $14,100 $33,900
Source: Public Records

Agents Affiliated with this Home

  • Mary Finkle

    Seller's Agent in 2017

    Mary Finkle

    Mainstreet REALTORS

    (812) 883-9555

    120 in this area

    455 Total Sales

    Mary Finkle
    Section Image
  • Melissa VanLaningham

    Buyer's Agent in 2017

    Melissa VanLaningham

    Schuler Bauer Real Estate Services ERA Powered (N

    (812) 620-4951

    3 in this area

    17 Total Sales

    Melissa VanLaningham
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201605625

Southern Indiana REALTORS® Association

APN: 88-24-17-333-012.000-022

Indiana Washington County Salem 47167

500 W Market St, Salem, IN

This home is located at 500 W Market St, Salem, IN 47167 since 24 August 2016 and is currently estimated at $160,553, approximately $105 per square foot. This property was built in 1925. 500 W Market St is a home located in Washington County with nearby schools including Bradie M. Shrum Lower Elementary School, Salem Middle School, and Salem High School.

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.

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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