NOT LISTED FOR SALE

514 N Water St Salem, IN 47167

Estimated Value: $225,786 - $263,000

4 Beds
2 Baths
2,513 Sq Ft
$97/Sq Ft Est. Value

Last Sold September 25, 2017

Last sale price $149,500 $59 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,431/month

Highlights

  • 2.52 Acre Lot
  • Deck
  • Park or Greenbelt View
  • River Nearby
  • Main Floor Primary Bedroom
  • Covered Patio or Porch

About This Home

As of September 2017

One of a Kind Home with Character of Architectural Woodwork throughout! Home with Over 2,500 TFLS, 4BR/2BA, 2-car oversized detached garage (Built 1948), on 2.52 AC +/- TOTAL Upgrades: NEW WINDOWS-Renewal by Anderson/2014 with transferrable warranty, MAY/2017 NEW AC installed, NEW FURNACE/2013 & NEW WATER HEATER/2013 & (1) Water Heater, that is older. Unique Features: Pocket door separating the Living Rm & Family Rm, Main Flr. has 10ft. ceilings., 2nd Flr. has 9 ft. ceilings. The Attic Storage room, could be changed into a walk-in closet. Fruit trees: 3- Apple, Pear and Persimmon. Lots of home for the money! TOTAL of (2) Parcels in sale. The add'l parcel # is: 88-24-17-223-004.000-022. (3) Carpets that are in the Dining, Living & Family Rm. DO NOT STAY. Window Treatments and Blinds TO STAY. Sq ft and room sizes are approx. Buyers should verify.

Last Agent to Sell the Property

Tammie McIntyre

Brixton Realty License #RB14039030 Listed on: 08/16/2017

Last Buyer's Agent

Jodie Wild

RE/MAX Advantage License #RB14045153

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,820

Year Built

  • Built in 1926

Lot Details

  • 2.52 Acre Lot

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Home Design

  • Stone Foundation
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 2,513 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • First Floor Utility Room
  • Park or Greenbelt Views
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • River Nearby
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882417224124000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,820

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Improvements: 94700
  • Additional Assessor Parcel Numbers: 88-24-17-223-004.000-022
  • Annual Tax: 1820
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Rock
  • Irregular Dimensions Yn: Yes
  • Land Assessment: 39300
  • Legal Description: NIXON PT LOT 4 NIXON PT LOT 5, Nixon W PT Lot 4, Nixon W PT Lot 5
  • Lot Dimensions: See Lot Size
  • Parcel Number: 882417224124000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 134000
  • Total Deduction Amnt: 66665
  • Total Finished Square Footage: 2513
  • Type: 2 Story
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Partial, Unfinished
  • Above Grade Finished Sq Ft: 2263.00
  • Appliances: Disposal, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Blinds, Ceiling Fan(s), Eat-In Kitchen, Family Room, Formal Dining Rm, Foyer, Natural Wood Trim
  • Lot Sq Ft: 109771.20
  • Room Count: 10
  • Sewer Type: Sewer
  • Total Sq Ft: 2263
  • Total Rooms: 10

Exterior Features

  • Exterior Features: Balcony, Covered Porch, Deck, Public Sidewalk, Screens

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: 2.5200
  • Lot Description: Adj River/Stream/Crk, Park-Like View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2024
Sold by
Thacher Nancy M
Bought by
Thacher Jay S
Current Estimated Value
$243,197

Purchase Details

Listed on
Aug 16, 2017
Closed on
Sep 25, 2017
Sold by
Morgan Charles Robert and Morgan Gial Ann
Bought by
Thacher Jay S and Thacher Nancy M
Seller's Agent
Tammie McIntyre
Brixton Realty
Buyer's Agent
Jodie Wild
RE/MAX Advantage
List Price
$144,500
Sold Price
$149,500
Premium/Discount to List
$5,000
3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$119,600
Interest Rate
3.89%
Mortgage Type
New Conventional
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
Thacher Jay S -- None Listed On Document
Thacher Jay S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thacher Jay S $119,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2017 09/25/17 Sold $149,500 +3.5% $59 / Sq Ft
08/26/2017 08/26/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $144,500 -- $58 / 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 $1,699 $169,900 $15,300 $154,600
2023 $1,548 $154,800 $15,300 $139,500
2022 $1,375 $137,500 $15,300 $122,200
2021 $1,260 $126,000 $15,300 $110,700
2020 $1,196 $119,600 $15,300 $104,300
2019 $1,150 $115,000 $15,300 $99,700
2018 $1,060 $106,000 $15,300 $90,700
2017 $1,188 $118,800 $15,300 $103,500
2016 $1,100 $110,000 $15,300 $94,700
2014 $995 $106,900 $13,000 $93,900
2013 $943 $107,800 $15,300 $92,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201708756

Southern Indiana REALTORS® Association

APN: 88-24-17-224-124.000-022