NOT LISTED FOR SALE

508 N Water St Salem, IN 47167

Estimated Value: $190,000 - $258,000

5 Beds
2 Baths
2,352 Sq Ft
$93/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $142,000 $60 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,319/month

15 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Formal Dining Room
  • 2 Car Detached Garage
  • Den
  • Fenced Yard
  • Thermal Windows

About This Home

As of August 2016

Welcome Home to your Spacious 5 bedroom 2 bath classic 1 1/2 story brick home in downtown! Very convenient to schools, shopping and restaurants! Hardwood floors, new windows, lots of closet space!! Natural woodwork, walkout poured concrete basement and 2 car detached garage!

Last Agent to Sell the Property

Nedra Hattabaugh

HOOSIER REALTY License #RB14041407 Listed on: 06/01/2016

Last Buyer's Agent

Nedra Hattabaugh

HOOSIER REALTY License #RB14041407 Listed on: 06/01/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $910

Year Built

  • Built in 1950

Lot Details

  • 0.32 Acre Lot
  • Fenced Yard
  • Landscaped
  • Garden

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 2,352 Sq Ft Home
  • 1.5-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Window Screens
  • Entrance Foyer
  • Formal Dining Room
  • Den

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathroom Rough-In
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882417224125000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$910

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Improvements: 82800
  • Additional Parking: Off Street
  • Annual Tax: 910
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Supplemental Homestd
  • Foundation: Poured Concrete
  • Land Assessment: 13000
  • Legal Description: NIXON PT LOT 4 NIXON PT LOT 3
  • Numof Fireplaces: 1
  • Parcel Number: 882417224125000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 95800
  • Total Deduction Amnt: 62780
  • Total Finished Square Footage: 2352
  • Type: 1.5 Story
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Unfinished, Walkout
  • Above Grade Finished Sq Ft: 2352.00
  • Appliances: Dishwasher, Disposal, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Master, Bath Rough-In, Built-In Bookcase, Ceiling Fan(s), Den/Office, Formal Dining Rm, Foyer, Natural Wood Trim, Split Bedrooms, Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 13939.00
  • Room Count: 10
  • Sewer Type: Sewer
  • Total Sq Ft: 2352
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Fenced Yard, Landscaped, Patio, Screens, Solid Surface Drive, Thermopane Windows

Garage/Parking

  • Garage Type: Detached, Front Entry
  • 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: 0.3200
  • Lot Description: Garden Area
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Aug 19, 2016
Sold by
Overshiner Susan E
Bought by
Wilkins Frank G and Wilkins Jessica
Seller's Agent
Nedra Hattabaugh
HOOSIER REALTY
Buyer's Agent
Nedra Hattabaugh
HOOSIER REALTY
List Price
$149,900
Sold Price
$142,000
Premium/Discount to List
-$7,900
-5.27%
Current Estimated Value
$218,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,236
Avg. Annual Appreciation
4.90%

Purchase Details

Closed on
Jul 24, 2013
Sold by
Fleming Venon
Bought by
Overshiner Susan E
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
Wilkins Frank G $142,000 --
Overshiner Susan E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins Frank G $137,685
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2016 08/19/16 Sold $142,000 -5.3% $60 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $149,900 -- $64 / 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 $1,555 $155,500 $15,300 $140,200
2023 $1,419 $141,900 $15,300 $126,600
2022 $1,265 $126,500 $15,300 $111,200
2021 $1,165 $116,500 $15,300 $101,200
2020 $1,159 $115,900 $15,300 $100,600
2019 $1,116 $111,600 $15,300 $96,300
2018 $1,028 $102,800 $15,300 $87,500
2017 $1,050 $105,000 $15,300 $89,700
2016 $927 $97,600 $15,300 $82,300
2014 $816 $95,800 $13,000 $82,800
2013 $754 $95,200 $15,300 $79,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201603617

Southern Indiana REALTORS® Association

APN: 88-24-17-224-125.000-022