NOT LISTED FOR SALE

503 N Main St Salem, IN 47167

Estimated Value: $155,000 - $181,000

4 Beds
1 Bath
1,836 Sq Ft
$91/Sq Ft Est. Value

Last Sold June 05, 2017

Last sale price $38,964 $21 Per Sq Ft

Est. 330% increase in value since last sale

Current estimated payment $1,073/month

Highlights

  • Corner Lot
  • First Floor Utility Room
  • 1 Car Detached Garage
  • Covered Patio or Porch
  • Formal Dining Room
  • Shed

About This Home

As of June 2017

This property is being sold via an online auction and is being sold AS-IS. The home has a lot of sqft for the money. Older home in need of extensive repairs. Selling Agent and buyer are to verify taxes, sqft, lot size via survey, and all other amenities. Any aerial maps are from Assessor and not deem to be exact. Neither Seller nor the Listing Broker has any knowledge of subject condition not limited to septic, HOA, plumbing, hvac, and electrical. Buyer must verify if public water is available or well.

Last Agent to Sell the Property

Barbara Roth

Diamond Homes Real Estate, Inc. License #RB14029387 Listed on: 04/27/2017

Last Buyer's Agent

Barbara Roth

Diamond Homes Real Estate, Inc. License #RB14029387 Listed on: 04/27/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $420

Year Built

  • Built in 1882

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 1,836 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • First Floor Utility Room
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 882417224057000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$420

Year Built

Built in 1882

Lot Details

0

Parking

1

Listing Details

  • Improvements: 55100
  • Additional Parking: Off Street
  • Annual Tax: 420
  • Appointment: Not Needed
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 12100
  • Legal Description: NIXON PT LOT 19
  • Lot Dimensions: See lot size
  • Out Buildings: Garage, Shed
  • Parcel Number: 882417224057000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 67200
  • Total Finished Square Footage: 1836
  • Type: 1 Story
  • Year Built: 1882
  • Special Features: 20

Interior Features

  • Water Heater: Electric
  • Basement Type: Partial, Unfinished
  • Above Grade Finished Sq Ft: 1836.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Formal Dining Rm, Natural Wood Trim
  • Lot Sq Ft: 9147.60
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1836
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 0.2100
  • Lot Description: Corner Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2022
Sold by
Garrett Jarvis
Bought by
Kniesly William
Current Estimated Value
$167,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2021
Sold by
Hacker Vernon
Bought by
Jarvis Garrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2018
Sold by
Nicholson Olive J
Bought by
Vernon Hacker

Purchase Details

Closed on
Nov 8, 2018
Sold by
Nicholson Olive J
Bought by
Hacker Vernon

Purchase Details

Listed on
Apr 27, 2017
Closed on
May 30, 2017
Sold by
The Bank Of New York Mellon
Bought by
Nicholson Olive J
Seller's Agent
Barbara Roth
Diamond Homes Real Estate, Inc.
Buyer's Agent
Barbara Roth
Diamond Homes Real Estate, Inc.
List Price
$31,800
Sold Price
$38,964
Premium/Discount to List
$7,164
22.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.10%

Purchase Details

Closed on
Apr 1, 2017
Sold by
Vanover Sally A and Estate Of Lotus D Garriot
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Feb 21, 2017
Sold by
Roger Newlon
Bought by
The Bank Of New York Mellon Trust Company Nat
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
Kniesly William -- None Listed On Document
Jarvis Garrett -- None Available
Vernon Hacker $38,200 --
Hacker Vernon -- None Available
Nicholson Olive J $38,964 Premium Title Services,Inc
Nicholson Olive J $38,964 Premium Title Services,Inc
The Bank Of New York Mellon $56,250 None Available
The Bank Of New York Mellon Trust Company Nat $56,300 --
Bank Of New York Mellon Trust Company Na $56,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kniesly William $213,000
Previous Owner Jarvis Garrett $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2017 06/05/17 Sold $38,964 +22.5% $21 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $31,800 -- $17 / 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 $2,158 $107,900 $12,100 $95,800
2023 $1,979 $98,400 $12,100 $86,300
2022 $899 $87,700 $12,100 $75,600
2021 $787 $79,700 $12,100 $67,600
2020 $1,543 $76,600 $12,100 $64,500
2019 $1,485 $73,700 $12,100 $61,600
2018 $1,371 $68,000 $12,100 $55,900
2017 $1,455 $72,200 $12,100 $60,100
2016 $420 $67,200 $12,100 $55,100
2014 $386 $67,600 $12,100 $55,500
2013 $348 $65,400 $12,100 $53,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Barbara Roth

    Diamond Homes Real Estate, Inc.

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201706159

Southern Indiana REALTORS® Association

APN: 88-24-17-224-057.000-022

Indiana Washington County Salem 47167

503 N Main St, Salem, IN

This home is located at 503 N Main St, Salem, IN 47167 since 27 April 2017 and is currently estimated at $167,713, approximately $91 per square foot. This property was built in 1882. 503 N Main 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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