NOT LISTED FOR SALE

507 N Main St Salem, IN 47167

Estimated Value: $214,000 - $332,000

5 Beds
3 Baths
2,614 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 23, 2014

Last sale price $164,000 $63 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,582/month

Highlights

  • 1 Fireplace
  • Den
  • Balcony
  • Screened Porch
  • Formal Dining Room
  • 2 Car Detached Garage

About This Home

As of December 2014

MAIN STREET - HEART OF SALEM LOCATION . . . This 5 BR, 3 Ba Early 20th Century 2-Story Home is full of character & charm, beautiful natural hardwood trim & floors. Over 2,600+ SF of living area! Detached 2 story garage/shop, full size log playhouse. Paved driveway. Make your appointment today!!

Last Agent to Sell the Property

Ervin Day

The Day Company REALTORS License #RB14011244 Listed on: 08/28/2014

Last Buyer's Agent

Tammie McIntyre

Brixton Realty License #RB14039030

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,276

Year Built

  • Built in 1928

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 72' x 140'
  • Landscaped

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 2,614 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Thermal Windows
  • Blinds
  • Window Screens
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Screened Porch
  • Utility Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 882417224059000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,276

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Improvements: 106700
  • Additional Parking: Off Street
  • Annual Tax: 1276
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Supplemental Homestd
  • Foundation: Rock
  • Land Assessment: 12700
  • Legal Description: Nixon Lot 17
  • Lot Dimensions: 72' x 140'
  • Numof Fireplaces: 1
  • Parcel Number: 882417224059000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 119400
  • Total Deduction Amnt: 67330
  • Total Finished Square Footage: 2614
  • Type: 2 Story
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Crawl Space, Partial, Unfinished
  • Above Grade Finished Sq Ft: 2614.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposal, Garage Door Opener, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Interior Amenities: Bath Master, Blinds, Built-In Bookcase, Ceiling Fan(s), Den/Office, Formal Dining Rm, Foyer, Natural Wood Trim, Pantry, Separate Shower(s), Skylights, Utility/Mud Room
  • Lot Measurement: Acres
  • Lot Sq Ft: 10019.00
  • Room Count: 12
  • Sewer Type: Sewer
  • Total Sq Ft: 2614
  • Total Rooms: 9

Exterior Features

  • Exterior Features: Balcony, Covered Porch, Enclosed Porch, Landscaped, Public Sidewalk, Screened Porch, Screens, Thermopane Windows

Garage/Parking

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

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: 0.2300
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2014
Closed on
Dec 23, 2014
Sold by
Brewer Robert L and Brewer Jane A
Bought by
Smith Jonathan W and Smith Dawn A
Seller's Agent
Ervin Day
The Day Company REALTORS
Buyer's Agent
Tammie McIntyre
Brixton Realty
List Price
$169,900
Sold Price
$164,000
Premium/Discount to List
-$5,900
-3.47%
Current Estimated Value
$265,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,803
Avg. Annual Appreciation
4.57%
Original Mortgage
$155,800
Outstanding Balance
$119,474
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$146,329
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
Smith Jonathan W -- Signature Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jonathan W $155,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2014 12/23/14 Sold $164,000 -3.5% $63 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
08/28/2014 08/28/14 For Sale $169,900 -- $65 / 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 $2,002 $199,000 $12,700 $186,300
2023 $1,841 $182,700 $12,700 $170,000
2022 $1,632 $163,900 $12,700 $151,200
2021 $1,482 $148,800 $12,700 $136,100
2020 $1,414 $142,000 $12,700 $129,300
2019 $1,368 $137,400 $12,700 $124,700
2018 $1,285 $127,300 $12,700 $114,600
2017 $1,371 $135,900 $12,700 $123,200
2016 $1,280 $126,800 $12,700 $114,100
2014 $1,213 $124,500 $12,300 $112,200
2013 $1,276 $119,400 $12,700 $106,700
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Ervin Day

    The Day Company REALTORS

  • Tammie McIntyre

    Buyer's Agent in 2014

    Tammie McIntyre

    Brixton Realty

    (812) 620-2248

    18 in this area

    94 Total Sales

    Tammie McIntyre
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201406204

Southern Indiana REALTORS® Association

APN: 88-24-17-224-059.000-022

Indiana Washington County Salem 47167

507 N Main St, Salem, IN

This home is located at 507 N Main St, Salem, IN 47167 since 28 August 2014 and is currently estimated at $265,803, approximately $101 per square foot. This property was built in 1928. 507 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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