$300,000
SOLD NOV 24, 2025

505 Riverview Dr Salem, IN 47167

3 Beds
3 Baths
2,049 Sq Ft
0.37 Acres

Recently Sold

$146 Per Sq Ft

2% Below List Price

56 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • First Floor Utility Room
  • Deck
  • Park or Greenbelt View
  • Formal Dining Room

About This Home

As of November 2025

This beautifully remodeled 3-bedroom, 3-bath home in Salem is filled with natural light and thoughtful charm from top to bottom. The open living room flows effortlessly into the kitchen, where oversized windows and patio door shines bright to the finishes make the space feel inviting and airy. The main-floor owner’s suite is a true standout, offering comfort. From the garage to the laundry room for everyday convenience to drop those must needs coming and going.
Upstairs, you’ll find two spacious bedrooms and a full bath—perfect for kids or guests. Step outside into a shaded backyard made for gathering, complete with a charming one-room log playhouse that little ones will love. Whether you're hosting, relaxing, or growing your family, this home offers the ideal mix of space, comfort, and location—just minutes from everything Salem has to offer. One seller is a licensed real estate agent. Home is being sold AS IS.

Last Agent to Sell the Property

Robert Gaines

Keller Williams Realty Consultants License #RB17001192 Listed on: 09/03/2025

Keller Williams Realty Consultants

Co-Listed By

Angie Ripperdan

Keller Williams Realty Consultants License #RB17001934

Last Buyer's Agent

Mary Finkle

Mainstreet REALTORS License #RB14026176

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,795

Year Built

  • Built in 1998

Lot Details

  • 0.37 Acre Lot
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 2,049 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • First Floor Utility Room
  • Laundry Room
  • Park or Greenbelt Views

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882416333068000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,795

Year Built

Built in 1998

Lot Details

0.37 Acres

Parking

2

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 1795
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Legal Description: Fair Delta Sect. 1 Lot 9
  • Numof Fireplaces: 1
  • Out Buildings: Shed
  • Parcel Number: 882416333068000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total Finished Square Footage: 2049
  • Type: 2 Story
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 2049.00
  • Appliances: Dishwasher, Microwave, Range / Oven
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Main, 1st Floor Utility, Bath Main, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Eat-In Kitchen, Formal Dining Rm, Open Floor Plan, Split Bedrooms
  • Lot Sq Ft: 16117.20
  • Sewer Type: Sewer
  • Total Sq Ft: 2049

Exterior Features

  • Exterior Features: Deck, Landscaped

Garage/Parking

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

Utilities

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

Lot Info

  • Acres: 0.3700
  • Lot Description: Park-Like View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2025
Closed on
Nov 24, 2025
Sold by
Summit Wealth Strategies Llc
Bought by
Pepmeier Brody and Pepmeier Addison
Seller's Agent
Robert Gaines
Keller Williams Realty Consultants
Buyer's Agent
Mary Finkle
Mainstreet REALTORS
List Price
$304,900
Sold Price
$300,000
Premium/Discount to List
-$4,900
-1.61%
Views
239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.77%
Original Mortgage
$294,566
Outstanding Balance
$294,566
Interest Rate
6.19%
Mortgage Type
FHA
Estimated Equity
-$4,619

Purchase Details

Closed on
May 1, 2025
Sold by
Helsel Homes Services Llc
Bought by
Summit Wealth Strategies Llc

Purchase Details

Closed on
Sep 28, 2012
Sold by
Minton Rodney and Minton Heather
Bought by
Voyles Joshua Levi and Voyles Teresa Jennette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2011
Sold by
Minton Brent and Minton Heather
Bought by
Voyles Josh and Voyles Jenn Smith

Purchase Details

Closed on
Dec 19, 2005
Sold by
Lahue Heather
Bought by
Minton Heather and Minton Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Quality Title
Warranty Deed -- Quality Title
Warranty Deed -- None Available
Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,566 FHA
Previous Owner $151,000 New Conventional
Previous Owner $160,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 Sold $300,000 0.0% $146 / Sq Ft
10/29/2025 10/29/25 Pending -- -- --
09/18/2025 09/18/25 Price Changed $299,900 -1.6% $146 / Sq Ft
09/03/2025 09/03/25 For Sale $304,900 -- $149 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $1,795 $179,500 $25,800 $153,700
2023 $1,861 $187,100 $25,800 $161,300
2022 $1,879 $188,900 $25,800 $163,100
2021 $1,746 $175,600 $25,800 $149,800
2020 $1,746 $175,600 $25,800 $149,800
2019 $1,578 $158,800 $25,800 $133,000
2018 $1,624 $160,600 $25,800 $134,800
2017 $1,599 $164,500 $25,800 $138,700
2016 $1,201 $153,900 $25,800 $128,100
2014 $1,667 $158,300 $25,800 $132,500
2013 $1,637 $155,500 $25,800 $129,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2025010814

Southern Indiana REALTORS® Association

APN: 88-24-16-333-068.000-022

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