NOT LISTED FOR SALE

501 Cox Ferry Rd Salem, IN 47167

Estimated Value: $128,000 - $141,000

1 Bed
1 Bath
896 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $130,000 $145 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $728/month

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage

About This Home

As of October 2024

Tucked away on nearly an acre of serene countryside, this cozy home offers the perfect blend of charm and functionality. High ceilings create an open, airy feel in the main living areas, while the spacious kitchen is ideal for hosting or simply enjoying everyday meals. The home features a bonus room that can easily serve as a second bedroom or home office.

Step outside, and you’ll find a well-maintained 24x30 detached garage with a concrete floor and electricity, perfect for a workshop, extra storage, or hobby space. There are also two additional outbuildings that offer even more versatility for your needs.

If you're looking for a peaceful retreat with plenty of practical space, this property checks all the boxes. Home being sold as is but homeowner all inspections welcome. All measurements are estimates, if crucial please verify.

Last Agent to Sell the Property

Scotty Paden

Epique Realty Indianapolis License #RB17000362 Listed on: 09/07/2024

Epique Realty Indianapolis

Last Buyer's Agent

Linda Ward Temple

eXp Realty, LLC License #RB14039918

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,351

Year Built

  • Built in 1940

Lot Details

  • 0.72

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Basement Cellar
  • Crawl Space

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 0.72 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 0131138118

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,351

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Annual Tax: 1351
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Crawl Space
  • Legal Description: PT NW 18-2-4 .72AC
  • Out Buildings: Garage
  • Parcel Number: 0131138118
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 896
  • Type: 1 Story
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar, Crawl Space
  • Above Grade Finished Sq Ft: 896.00
  • Appliances: Garage Door Opener, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Lot Sq Ft: 31363.20
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 896

Exterior Features

  • Exterior Features: Covered Porch

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water Type: Public Available

Lot Info

  • Acres: 0.7200
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2024
Closed on
Oct 11, 2024
Sold by
Allen James
Bought by
Amos Gary L and Amos Paula J
Seller's Agent
Scotty Paden
Epique Realty Indianapolis
Buyer's Agent
Linda Ward Temple
eXp Realty, LLC
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%
Views
4
Current Estimated Value
$134,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,672
Avg. Annual Appreciation
2.65%
Original Mortgage
$131,313
Outstanding Balance
$129,933
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$4,739
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
Amos Gary L $130,000 Acuity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amos Gary L $131,313
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $130,000 +4.0% $145 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
09/07/2024 09/07/24 For Sale $125,000 -- $140 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $349 $71,100 $18,600 $52,500
2023 $1,351 $67,500 $18,600 $48,900
2022 $1,298 $65,400 $18,600 $46,800
2021 $1,191 $59,300 $18,600 $40,700
2020 $1,115 $55,600 $18,600 $37,000
2019 $1,063 $53,100 $18,600 $34,500
2018 $996 $49,700 $18,600 $31,100
2017 $840 $49,600 $18,600 $31,000
2016 $720 $49,300 $18,600 $30,700
2014 $877 $49,500 $18,600 $30,900
2013 $863 $47,400 $18,600 $28,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2024010488

Southern Indiana REALTORS® Association

APN: 88-24-18-000-007.001-021

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