NOT LISTED FOR SALE

502 Grace St Salem, IN 47167

Estimated Value: $166,000 - $231,000

3 Beds
1.5 Baths
1,202 Sq Ft
$169/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $149,900 $125 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,229/month

8 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Corner Lot
  • Fenced Yard
  • 1-Story Property

About This Home

As of March 2020

Nice 3bd, 2 bath ranch home with fenced yard, on a double corner lot. Features are custom cabinetry, open floor plan, attached 2 car garage. Stove and Furnace are on natural gas. All kitchen appliances, along with washer & dryer. Call today for your showing!!!!

Last Agent to Sell the Property

Melanie Wells

HOOSIER REALTY License #RB14039742 Listed on: 02/12/2020

Last Buyer's Agent

Mandy Chastain

Mainstreet REALTORS License #RB14048897

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $770

Year Built

  • Built in 2007

Lot Details

  • 0.48 Acre Lot
  • Fenced Yard
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,202 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882417113016000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$770

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Improvements: 82300
  • Additional Parking: Off Street
  • Annual Tax: 770
  • Appointment: 24 Hour Notice
  • Construction: Existing, Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 16600
  • Legal Description: 13-17-113-016.000-22 C. RHETTS 2 LOT 49 , 50
  • Parcel Number: 882417113016000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 98900
  • Total Deduction Amnt: 82065
  • Total Finished Square Footage: 1202
  • Type: 1 Story
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 1202.00
  • Appliances: Clothes Dryer, Clothes Washer, Disposal, Microwave, Oven Self Clean, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility
  • Lot Sq Ft: 20908.80
  • Room Count: 8
  • Sewer Type: Sewer
  • Total Sq Ft: 1202
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Deck, Fenced Yard, Paved Driveway, Vinyl Siding

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.4800
  • Lot Description: Corner Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 17, 2020
Sold by
Brown Bonnie K and Brown William E
Bought by
Hamilton Marcy L
Seller's Agent
Melanie Wells
HOOSIER REALTY
Buyer's Agent
Mandy Chastain
Mainstreet REALTORS
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$202,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,814
Avg. Annual Appreciation
6.46%
Original Mortgage
$119,920
Outstanding Balance
$107,151
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$103,838

Purchase Details

Listed on
Jan 17, 2013
Closed on
Mar 7, 2013
Sold by
Ward Martha L
Bought by
Brown William E and Brown Bonnie K
Seller's Agent
Laura Bishop
HOOSIER REALTY
Buyer's Agent
Laura Bishop
HOOSIER REALTY
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$108,007
Interest Rate
3.87%
Mortgage Type
FHA
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
Hamilton Marcy L -- None Available
Brown William E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Marcy L $20,000
Open Hamilton Marcy L $119,920
Previous Owner Brown William E $108,007
Previous Owner Brown William E $4,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2020 03/16/20 Sold $149,900 0.0% $125 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $149,900 +36.3% $125 / Sq Ft
03/07/2013 03/07/13 Sold $110,000 0.0% $92 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $110,000 -- $92 / 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 $1,529 $152,900 $16,600 $136,300
2023 $1,401 $140,100 $16,600 $123,500
2022 $1,250 $125,000 $16,600 $108,400
2021 $1,154 $115,400 $16,600 $98,800
2020 $1,103 $110,300 $16,600 $93,700
2019 $952 $106,900 $16,600 $90,300
2018 $770 $98,900 $16,600 $82,300
2017 $794 $107,000 $16,600 $90,400
2016 $544 $99,700 $16,600 $83,100
2014 $90 $3,000 $3,000 $0
2013 $60 $3,000 $3,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Melanie Wells

    Seller's Agent in 2020

    Melanie Wells

    HOOSIER REALTY

    (812) 620-3018

    17 in this area

    77 Total Sales

    Melanie Wells
    Section Image

  • M

    Buyer's Agent in 2020

    Mandy Chastain

    Mainstreet REALTORS

    Section Image

  • L

    Seller's Agent in 2013

    Laura Bishop

    HOOSIER REALTY

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202005804

Southern Indiana REALTORS® Association

APN: 88-24-17-113-016.000-022

Indiana Washington County Salem 47167

502 Grace St, Salem, IN

This home is located at 502 Grace St, Salem, IN 47167 since 12 February 2020 and is currently estimated at $202,714, approximately $168 per square foot. This property was built in 2007. 502 Grace 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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