NOT LISTED FOR SALE

502 E Homer St Salem, IN 47167

Estimated Value: $145,000 - $186,353

4 Beds
1 Bath
1,296 Sq Ft
$126/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $95,500 $74 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $974/month

Highlights

  • Deck
  • 3 Car Detached Garage
  • Shed
  • First Floor Utility Room
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of July 2020

This STONE/VINYL Siding Home offers a little bit of EVERYTHING... 4BEDROOMS!! 16 X 20 WOOD DECK, with FENCED-IN YARD. 2-CAR DETACHED GARAGE-Room for 3 vehicles, Heated, Cooled & Water. SHED 15 X 24. CARPORT attached to home, 11 X 20. BLINDS & WINDOW TREATMENTS TO STAY. NEWER - VINYL WINDOWS. Square footage, room sizes are approx., acreage, and school system, Buyer(s) should verify. Close to Hospitals, YMCA, shopping. Property being "SOLD AS IS"...Inspections are welcomed at Buyers expense. Seller will make no inspection repairs.

Last Agent to Sell the Property

Tammie McIntyre

Brixton Realty License #RB14039030 Listed on: 04/16/2020

Last Buyer's Agent

Tammie McIntyre

Brixton Realty License #RB14039030 Listed on: 04/16/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $489

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot
  • Landscaped

Parking

  • 3 Car Detached Garage
  • Carport
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Frame Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 882417112066000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$489

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Improvements: 62700
  • Additional Parking: Off Street
  • Annual Tax: 489
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Crawl Space
  • Irregular Dimensions Yn: Yes
  • Land Assessment: 13700
  • Legal Description: GRANDVIEW E PT LOT 69 GRANDVIEW E PT LOT 70 +12' ON EAST SIDE; VACATED ALLEY (MISC REC 17 PG 21; 01/
  • Lot Dimensions: see lot size
  • Out Buildings: Garage, Shed
  • Parcel Number: 882417112066000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 76400
  • Total Deduction Amnt: 66870
  • Total Finished Square Footage: 1296
  • Type: 1 Story
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1296.00
  • Appliances: Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Utility, Blinds, Cable Wired, Ceiling Fan(s), Eat-In Kitchen, Pantry
  • Lot Sq Ft: 11325.60
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1296
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Deck, Landscaped, Stone, Vinyl Siding

Garage/Parking

  • Garage Type: Carport, Detached, Front Entry
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.2600
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
Jul 16, 2020
Sold by
Taylor Cathy
Bought by
Brown Russell
Seller's Agent
Tammie McIntyre
Brixton Realty
Buyer's Agent
Tammie McIntyre
Brixton Realty
List Price
$97,500
Sold Price
$95,500
Premium/Discount to List
-$2,000
-2.05%
Current Estimated Value
$163,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,338
Avg. Annual Appreciation
10.87%
Original Mortgage
$93,769
Outstanding Balance
$83,302
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$80,536
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
Brown Russell $95,500 Salem Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Russell $93,769
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2020 07/16/20 Sold $95,500 0.0% $74 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/06/2020 05/06/20 Price Changed $95,500 -2.1% $74 / Sq Ft
04/16/2020 04/16/20 For Sale $97,500 -- $75 / 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 $1,220 $121,500 $13,700 $107,800
2023 $1,185 $111,700 $13,700 $98,000
2022 $1,074 $100,600 $13,700 $86,900
2021 $940 $88,600 $13,700 $74,900
2020 $512 $85,000 $13,700 $71,300
2019 $489 $82,200 $13,700 $68,500
2018 $348 $76,400 $13,700 $62,700
2017 $401 $82,100 $13,700 $68,400
2016 $272 $76,800 $13,700 $63,100
2014 $272 $78,200 $12,700 $65,500
2013 $253 $76,600 $13,700 $62,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202007175

Southern Indiana REALTORS® Association

APN: 88-24-17-112-066.000-022