NOT LISTED FOR SALE

508 N Shelby St Salem, IN 47167

Estimated Value: $108,000 - $161,000

2 Beds
1 Bath
1,156 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 26, 2017

Last sale price $40,029 $35 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $898/month

784 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • First Floor Utility Room
  • Enclosed patio or porch
  • 1-Story Property

About This Home

As of July 2017

Near school! Two Bedroom home with a basement and detached garage! Extra side lot that the new owner can build on!

Last Listed By

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 03/26/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,848

Year Built

  • Built in 1910

Lot Details

  • 0.38 Acre Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 1,156 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882418114101000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,848

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Improvements: 44200
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block, Rock
  • Land Assessment: 16100
  • Legal Description: LOT:5 SEC:000 DIST:0021 CITY/MUNI/TWP: TOWNSHIP 13-18-114-101.000-22 TUCKER LOT 5
  • Lot Dimensions: .38
  • Out Buildings: Garage
  • Parcel Number: 882418114101000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 60300
  • Total Finished Square Footage: 1156
  • Type: 1 Story
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Full, Unfinished
  • Above Grade Finished Sq Ft: 1156.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Eat-In Kitchen
  • Lot Measurement: Acres
  • Lot Sq Ft: 16553.00
  • Room Count: 7
  • Sewer Type: Sewer
  • Total Sq Ft: 1156
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Enclosed Porch

Garage/Parking

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

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.3800
  • Lot Description: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2015
Closed on
Aug 7, 2017
Sold by
Lynn Bills Jack
Bought by
Mccoskey Finkle Mary
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
Mary Finkle
Mainstreet REALTORS
List Price
$62,000
Sold Price
$40,030
Premium/Discount to List
-$21,970
-35.44%
Total Days on Market
784
Current Estimated Value
$140,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,167
Avg. Annual Appreciation
17.83%

Purchase Details

Closed on
Sep 27, 2011
Sold by
Bills Jack M and Bills Larry Keith
Bought by
Finkle Mary Mccoskey

Purchase Details

Closed on
Sep 23, 2009
Sold by
Bills Jack M and Bills Delana
Bought by
Bills Larry Keith and Bills Jack Lynn

Purchase Details

Closed on
Dec 3, 2007
Sold by
Bills Jack M and Bills Delana
Bought by
Bills Larry Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

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
Mccoskey Finkle Mary $54,000 --
Finkle Mary Mccoskey -- None Available
Bills Larry Keith -- None Available
Bills Larry Keith -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bills Jack M $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2017 07/26/17 Sold $40,030 -35.4% $35 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
03/26/2015 03/26/15 For Sale $62,000 -- $54 / 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 $1,848 $92,400 $16,100 $76,300
2023 $1,716 $85,800 $16,100 $69,700
2022 $1,562 $78,100 $16,100 $62,000
2021 $1,422 $71,100 $16,100 $55,000
2020 $1,366 $68,300 $16,100 $52,200
2019 $1,326 $66,300 $16,100 $50,200
2018 $1,260 $63,000 $16,100 $46,900
2017 $0 $65,900 $16,100 $49,800
2016 -- $62,300 $16,100 $46,200
2014 -- $59,300 $13,100 $46,200
2013 -- $60,300 $16,100 $44,200
Source: Public Records

Agents Affiliated with this Home

  • Mary Finkle

    Seller's Agent in 2017

    Mary Finkle

    Mainstreet REALTORS

    (812) 883-9555

    477 Total Sales

    Mary Finkle
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201502053

Southern Indiana REALTORS® Association

APN: 88-24-18-114-101.000-022

Indiana Washington County Salem 47167

508 N Shelby St, Salem, IN

Homes for Sale in Salem, IN

This home is located at 508 N Shelby St, Salem, IN 47167 since 26 March 2015 and is currently estimated at $140,197, approximately $121 per square foot. This property was built in 1910. 508 N Shelby 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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