NOT LISTED FOR SALE

503 Florence St Salem, IN 47167

Estimated Value: $98,000 - $111,000

2 Beds
1 Bath
666 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $41,000 $62 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $646/month

260 Days on Market

About This Home

As of July 2017

This cute cottage is just right for starting out, downsizing or investment rental!

Last Agent to Sell the Property

Laura Bishop

HOOSIER REALTY License #RB14034898 Listed on: 11/03/2016

Co-Listed By

Fred Bishop

Jack Bridgewater Real Estate License #RB14048563

Last Buyer's Agent

Laura Bishop

HOOSIER REALTY License #RB14034898 Listed on: 11/03/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $660

Year Built

  • Built in 1951

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 666 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882420113047000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$660

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Improvements: 19900
  • Annual Tax: 660
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 13100
  • Legal Description: HAUGER LOT 3
  • Lot Dimensions: .24 acres
  • Numof Fireplaces: 0
  • Parcel Number: 882420113047000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 33000
  • Total Finished Square Footage: 666
  • Type: 1 Story
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 666.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master
  • Lot Measurement: Acres
  • Lot Sq Ft: 10454.00
  • Room Count: 4
  • Sewer Type: Sewer
  • Total Sq Ft: 666
  • Total Rooms: 4

Garage/Parking

  • Garage Type: Off Street
  • Garage Spaces: 0

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: 0.2400
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2016
Closed on
Jul 27, 2017
Sold by
Michael Martin Personal Representative Of The
Bought by
Michael Martin
Seller's Agent
Laura Bishop
HOOSIER REALTY
Buyer's Agent
Laura Bishop
HOOSIER REALTY
List Price
$59,000
Sold Price
$41,000
Premium/Discount to List
-$18,000
-30.51%
Current Estimated Value
$103,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,031
Avg. Annual Appreciation
12.48%
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
Michael Martin $41,000 --
Martin Michael $41,000 Salem Title Corp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $41,000 -30.5% $62 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
11/03/2016 11/03/16 For Sale $59,000 -- $89 / 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 $1,024 $51,200 $13,100 $38,100
2023 $946 $47,300 $13,100 $34,200
2022 $854 $42,700 $13,100 $29,600
2021 $830 $41,500 $13,100 $28,400
2020 $796 $39,800 $13,100 $26,700
2019 $770 $38,500 $13,100 $25,400
2018 $720 $36,000 $13,100 $22,900
2017 $700 $35,000 $13,100 $21,900
2016 $660 $33,000 $13,100 $19,900
2014 $612 $30,600 $12,400 $18,200
2013 $602 $30,100 $13,100 $17,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Laura Bishop

    HOOSIER REALTY

    Section Image

  • F

    Seller Co-Listing Agent in 2017

    Fred Bishop

    Jack Bridgewater Real Estate

    (812) 620-7779

    4 in this area

    15 Total Sales

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201607324

Southern Indiana REALTORS® Association

APN: 88-24-20-113-047.000-022

Indiana Washington County Salem 47167

503 Florence St, Salem, IN

This home is located at 503 Florence St, Salem, IN 47167 since 03 November 2016 and is currently estimated at $103,031, approximately $154 per square foot. This property was built in 1951. 503 Florence 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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