NOT LISTED FOR SALE

505 W Pearl St North Salem, IN 46165

Estimated Value: $172,000 - $287,000

3 Beds
2 Baths
1,708 Sq Ft
$135/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $152,500 $89 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,438/month

131 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Formal Dining Room
  • North Salem Elementary School Rated A-
  • No HOA
  • Thermal Windows

About This Home

As of January 2023

Picturesque and superbly bricked two story home for quiet small town living, yet easily accessible to Brownsburg, Danville and Indy. Great side patio with stone walls and also a covered front porch to relax on or use to entertain . Beautiful stone fireplace and hearth with wood burning insert. NOTE the Interior of home needs new finishes and that kitchen and both bathrooms need updating. Spacious rooms lend this home for many options in layout and decorating. Large walk in attic could also be finished for additional space. Spacious half acre lot with mature trees for your enjoyment. Town has a lot to offer with different community events, park, and a grade school. Escape and make this your dream home!

Last Agent to Sell the Property

Peter Carlino

Carpenter, REALTORS® License #RB14014305 Listed on: 08/19/2022

Carpenter, REALTORS®

Last Buyer's Agent

Ryan Ades

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 0.5 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Thermal Windows
  • Vinyl Clad Windows
  • Window Screens
  • Living Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Cellar

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Hypes Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 320504124001000008

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1926
  • Building Area Total: 3014
  • Garage Y N: Yes
  • Lot Size Acres: 0.5
  • Subdivision Name: Hypes
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • MBR_AttributionContact: ptcarlino@callcarpenter.com
  • Active Open House Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Cellar, Walk Out
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 163
  • Fireplace Features: Insert, Living Room, Masonry, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Screens Complete, Windows Thermal, Windows Vinyl
  • Living Area: 1708
  • Main Level Bedrooms: 2
  • Other Equipment: Satellite Dish No Controls
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1393
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 315
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 160000

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Sq Ft: 200

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Forced Air, High Efficiency (90%+ AFUE ), Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 21601
  • Parcel Number: 320504124001000008
  • Acres: 1/2-1 Acre
  • Price Acre: 305000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3930
  • Tax Lot: 7
  • Semi Annual Property Tax Amt: 1965
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Jan 27, 2023
Sold by
Wiles Gerald Dale
Bought by
Wiles Eric
Seller's Agent
Peter Carlino
Carpenter, REALTORS®
Buyer's Agent
Ryan Ades
Carpenter, REALTORS®
List Price
$189,900
Sold Price
$152,500
Premium/Discount to List
-$37,400
-19.69%
Views
327
Current Estimated Value
$230,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,827
Avg. Annual Appreciation
14.40%
Original Mortgage
$132,500
Outstanding Balance
$129,022
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$86,760
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
Wiles Eric $152,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiles Eric $132,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $152,500 -4.7% $89 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/21/2022 12/21/22 Price Changed $160,000 -5.9% $94 / Sq Ft
11/11/2022 11/11/22 Price Changed $170,000 -10.5% $100 / Sq Ft
10/23/2022 10/23/22 For Sale $189,900 0.0% $111 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/20/2022 09/20/22 Price Changed $189,900 -4.6% $111 / Sq Ft
09/11/2022 09/11/22 Price Changed $199,000 -9.5% $117 / Sq Ft
08/19/2022 08/19/22 For Sale $220,000 -- $129 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,197 $219,700 $29,300 $190,400
2023 $1,524 $160,000 $30,000 $130,000
2022 $8,931 $211,200 $28,600 $182,600
2021 $4,190 $209,500 $28,600 $180,900
2020 $3,930 $196,500 $28,600 $167,900
2019 $3,816 $190,800 $22,900 $167,900
2018 $1,254 $62,700 $7,800 $54,900
2017 $1,254 $62,700 $7,900 $54,800
2016 $1,254 $62,700 $7,700 $55,000
2014 $1,254 $62,700 $9,000 $53,700
Source: Public Records

Agents Affiliated with this Home

  • Peter Carlino

    Seller's Agent in 2023

    Peter Carlino

    Carpenter, REALTORS®

    (317) 946-8867

    18 Total Sales

    Peter Carlino
    Section Image

  • R

    Buyer's Agent in 2023

    Ryan Ades

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21876415

MIBOR Broker Listing Cooperative®

APN: 32-05-04-124-001.000-008

Indiana Hendricks County North Salem 46165

505 W Pearl St, North Salem, IN

This home is located at 505 W Pearl St, North Salem, IN 46165 since 19 August 2022 and is currently estimated at $230,327, approximately $134 per square foot. This property was built in 1926. 505 W Pearl St is a home located in Hendricks County with nearby schools including North Salem Elementary School, Tri-West Middle School, and Tri-West Senior 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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