NOT LISTED FOR SALE

503 Martinsburg Rd Salem, IN 47167

Estimated Value: $150,000 - $211,000

3 Beds
1.5 Baths
1,275 Sq Ft
$143/Sq Ft Est. Value

Last Sold January 23, 2020

Last sale price $129,900 $102 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,117/month

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • Lot Has A Rolling Slope
  • 1-Story Property

About This Home

As of January 2020

Well maintained 3 bedroom, 1.5 bath in the heart of Salem. Over the last five years this home has been totally remodeled, updates include all new paint and flooring throughout, stainless steel appliances, new HVAC, roof and windows, this home is a must see!

Last Agent to Sell the Property

Sandra White

Day Company REALTORS Listed on: 08/15/2019

Last Buyer's Agent

Sandra White

Day Company REALTORS Listed on: 08/15/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $719

Year Built

  • Built in 1996

Lot Details

  • 0.25 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,275 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Bradie M Shrum Elementary School
  • Salem Middle School
  • Salem High School

Utilities

  • Forced Air Heating System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 88-24-20-112-036.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$719

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1996
  • Age: 23
  • Style: One Story
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: 13-20-112-036.000-22 R.C. MORRIS PT LOT 12 & PT LOT 13
  • Parcel Number ID: 88-24-20-112-036.000-022
  • Platted: Yes
  • Inside City Limits: Yes
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2018/2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1275
  • Total Finished Sq Ft: 1275
  • Above Grade Finished Sq Ft: 1275
  • Price Per Sq Ft: 101.88
  • Basement Foundation: Crawl
  • Bedroom 1: Dimensions: 15x12, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 10x10

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x32
  • Garage Sq Ft: 768
  • Garage: Yes

Utilities

  • Cooling: Heat Pump
  • Heating Fuel: Forced Air, Heat Pump
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Salem Community Schools
  • Elementary School: Bradie M Shrum
  • Middle School: Salem
  • High School: Salem
  • Elementary School: Bradie M Shrum

Lot Info

  • Lot Description: Rolling
  • Lot Dimensions: Unkown
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Tax Info

  • Annual Taxes: 719

MLS Schools

  • High School: Salem
  • Middle School: Salem
  • School District: Salem Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Jan 23, 2020
Sold by
Moore James E and White Kayla J
Bought by
Medlock Victoria S
Seller's Agent
Sandra White
Day Company REALTORS
Buyer's Agent
Sandra White
Day Company REALTORS
List Price
$129,900,000
Sold Price
$129,900
Premium/Discount to List
-$129,770,100
-99.9%
Current Estimated Value
$182,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,385
Avg. Annual Appreciation
6.73%
Original Mortgage
$127,546
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 1, 2013
Closed on
Feb 14, 2014
Sold by
Ts Holdings Partnership Llc
Bought by
Moore James E and White Kayla J
Seller's Agent
Jeremy Ward
Ward Realty Services
Buyer's Agent
Jeremy Ward
Ward Realty Services
List Price
$53,500
Sold Price
$45,000
Premium/Discount to List
-$8,500
-15.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.54%
Original Mortgage
$44,006
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2008
Sold by
Wells Fargo Bank Na
Bought by
Rodman Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,398
Interest Rate
7.11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 3, 2008
Sold by
Armes Kirk and Armes Holly
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Medlock Victoria S $129,900 Salem Title Corp
Moore James E -- Classic Title Inc
Rodman Tim -- None Available
Wells Fargo Bank Na $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medlock Victoria S $125,493
Closed Medlock Victoria S $127,546
Previous Owner Moore Kayla J $23,692
Previous Owner Moore James E $44,006
Previous Owner T S Holdings Partnership Llc $44,398
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2020 01/23/20 Sold $129,900 0.0% $102 / Sq Ft
08/17/2019 08/17/19 Price Changed $129,900 -99.9% $102 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $129,900,000 +288566.7% $101,882 / Sq Ft
02/14/2014 02/14/14 Sold $45,000 -15.9% $39 / Sq Ft
01/02/2014 01/02/14 Pending -- -- --
11/01/2013 11/01/13 For Sale $53,500 -- $46 / Sq Ft
Source: Indiana Regional MLS

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 $1,487 $148,700 $13,400 $135,300
2023 $1,796 $137,400 $13,400 $124,000
2022 $1,678 $124,400 $13,400 $111,000
2021 $1,538 $115,200 $13,400 $101,800
2020 $1,493 $110,300 $13,400 $96,900
2019 $835 $84,300 $13,400 $70,900
2018 $718 $77,500 $13,400 $64,100
2017 $697 $82,800 $13,400 $69,400
2016 $518 $78,400 $13,400 $65,000
2014 $507 $80,300 $12,500 $67,800
2013 -- $79,000 $13,400 $65,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sandra White

    Day Company REALTORS

    Section Image
  • Jeremy Ward

    Seller's Agent in 2014

    Jeremy Ward

    Ward Realty Services

    (812) 987-4048

    13 in this area

    1,257 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2014

    Doug Dillon

    Brixton Realty

    (812) 620-6239

    4 in this area

    15 Total Sales

    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201935925

Indiana Regional MLS

APN: 88-24-20-112-036.000-022

Indiana Washington County Salem 47167

503 Martinsburg Rd, Salem, IN

This home is located at 503 Martinsburg Rd, Salem, IN 47167 since 15 August 2019 and is currently estimated at $182,285, approximately $142 per square foot. This property was built in 1996. 503 Martinsburg Rd 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes