NOT LISTED FOR SALE

501 W Walnut St Salem, IN 47167

Estimated Value: $77,000 - $137,000

2 Beds
1 Bath
990 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $26,000 $26 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $666/month

29 Days on Market

Highlights

  • Open Floorplan
  • First Floor Utility Room
  • Thermal Windows
  • Corner Lot
  • Formal Dining Room
  • 2-minute walk to Rielys Park

About This Home

As of October 2012

Starter Home. Nice Bungalow! 2 bdrm/1 bath w/covered 6x30 front porch in town on corner lot. Hardwood floors under many of the floors, pantry, close to Riley's Park. Architectural baseboards and window trim. 8x10 utility shed, close to schools, hospital and shopping. Just blocks from the Salem city square. Sqft & room sizes are approx. Buyers should verify. Rural Housing 100% financing eligible. No warranties or guarantees. Sold as is.

Last Agent to Sell the Property

Tammie McIntyre

Brixton Realty License #RB14039030 Listed on: 09/19/2012

Last Buyer's Agent

OUTSIDE AGENT

OUTSIDE COMPANY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • Corner Lot

Home Design

  • Frame Construction

Interior Spaces

  • 990 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Thermal Windows
  • Formal Dining Room
  • First Floor Utility Room
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Freezer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 882417332053000022

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Improvements: 31400
  • Annual Tax: 981
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Unknown
  • Land Assessment: 4900
  • Legal Description: Manley E PT Lot 7 Manley E PT Lot 8
  • Lot Dimensions: .1500
  • Numof Fireplaces: 0
  • Out Buildings: Shed
  • Parcel Number: 882417332053000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 36300
  • Total Finished Square Footage: 990
  • Type: 1 Story
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 990.00
  • Appliances: Freezer, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Cable Wired, Ceiling Fan(s), Eat-In Kitchen, Formal Dining Rm, Open Floor Plan, Pantry
  • Lot Measurement: Acres
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 990
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Porch, Thermopane Windows

Garage/Parking

  • Garage Spaces: 0

Utilities

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

Lot Info

  • Lot Description: Corner Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Mount Isreal and Mount Katrina
Bought by
Applegate Judy K
Current Estimated Value
$109,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Outstanding Balance
$48,962
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$76,686

Purchase Details

Closed on
Feb 8, 2016
Sold by
Mount Katrina and Mount Israel
Bought by
Applegate Judy K

Purchase Details

Closed on
Oct 9, 2015
Sold by
Jssw Enterprise Llc
Bought by
Mount Isreal and Mount Katrina

Purchase Details

Closed on
Oct 7, 2015
Sold by
Nichols Travis and Nichols Shannon
Bought by
Jssw Enterprise Llc

Purchase Details

Closed on
Feb 27, 2015
Sold by
Jssw Enterprises Llc
Bought by
Burnett Jeannia

Purchase Details

Closed on
Apr 25, 2013
Sold by
Sullivan Jared
Bought by
Nichols Travis and Nichols Shannon

Purchase Details

Listed on
Sep 19, 2012
Closed on
Oct 31, 2012
Sold by
Cawthorn Alisha A
Bought by
Jssw Enterpries Llc
Seller's Agent
Tammie McIntyre
Brixton Realty
Buyer's Agent
OUTSIDE AGENT
OUTSIDE COMPANY
List Price
$44,900
Sold Price
$26,000
Premium/Discount to List
-$18,900
-42.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.13%
Original Mortgage
$35,000
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 7, 2011
Sold by
Allen Minnie
Bought by
Cawthorn Alisha A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Applegate Judy K $55,600 None Available
Applegate Judy K $55,600 None Available
Mount Isreal -- None Available
Jssw Enterprise Llc -- None Available
Jssw Enterprise Llc -- None Available
Burnett Jeannia -- None Available
Nichols Travis $57,500 --
Jssw Enterpries Llc -- None Available
Cawthorn Alisha A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Applegate Judy K $53,500
Previous Owner Jssw Enterpries Llc $35,000
Closed Applegate Judy K $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $26,000 -42.1% $26 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $44,900 -- $45 / 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 $709 $73,100 $9,800 $63,300
2023 $647 $66,500 $9,800 $56,700
2022 $496 $59,000 $9,800 $49,200
2021 $456 $54,100 $9,800 $44,300
2020 $410 $51,400 $9,800 $41,600
2019 $381 $49,400 $9,800 $39,600
2018 $350 $45,500 $9,800 $35,700
2017 $274 $44,200 $9,800 $34,400
2016 $211 $41,100 $9,800 $31,300
2014 $194 $41,300 $9,800 $31,500
2013 -- $40,100 $9,800 $30,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201206530

Southern Indiana REALTORS® Association

APN: 88-24-17-332-053.000-022