NOT LISTED FOR SALE

518 N Indiana Ave Salem, IL 62881

Estimated Value: $46,000 - $85,000

2 Beds
1 Bath
766 Sq Ft
$80/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $50,000 $65 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $403/month

6 Days on Market

Highlights

  • Wooded Lot
  • Eat-In Kitchen
  • Shed
  • Attached Garage
  • Bungalow
  • Forced Air Heating System

About This Home

As of June 2024

Nestled among shade trees, this sweet little bungalow offers care-free living. Excellent location, great street appeal, carport, shed, fenced area for small pet. Hardwood floors, eat-in kitchen with plenty of space for table and chairs, all appliances stay. This home is an investor's dream.

Last Agent to Sell the Property

Rhonda Mulvany

SOMER REAL ESTATE Brokerage Phone: 618-548-5123 License #471004349 Listed on: 05/21/2024

Last Buyer's Agent

Crystal Squibb

SOMER REAL ESTATE License #475204955

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $408

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 135 x 50
  • Wooded Lot

Home Design

  • Bungalow
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 766 Sq Ft Home
  • Ceiling Fan
  • Blinds

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Carport

Outdoor Features

  • Shed

Schools

  • 204 Grade Elementary School
  • Salem Middle School
  • Salem Community High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 11-00-016-095

Home Details

Home Type

Single Family

Est. Annual Taxes

$408

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Architectural Style: Bungalow
  • New Construction: No
  • Attribution Contact: Phone: 618-548-5123
  • Special Features: None

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Blinds, Ceiling Fan(s)
  • Living Area: 766
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Construction Type: Frame, Aluminum Siding
  • Exterior Features: Shed(s)
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: No
  • Parking Features: Attached, Carport

Utilities

  • Heating: Forced Air, Window Unit(s)
  • Water Source: Public Sewer, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: 204 Grade School
  • High School: Salem Community High School
  • Middle Or Junior School: Salem

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size: 135 x 50
  • Parcel #: 11-00-016-095

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 408
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jun 18, 2024
Sold by
Rose Leonard and Rose Sue E
Bought by
Cates Keli J
Seller's Agent
Rhonda Mulvany
SOMER REAL ESTATE
Buyer's Agent
Crystal Squibb
SOMER REAL ESTATE
List Price
$54,000
Sold Price
$50,000
Premium/Discount to List
-$4,000
-7.41%
Views
6
Current Estimated Value
$61,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,058
Avg. Annual Appreciation
15.95%

Purchase Details

Closed on
Oct 21, 2010
Sold by
Doudera Kenneth D and Doudera Shirley A
Bought by
Rose Leonard and Rose Sue E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cates Keli J $50,000 None Listed On Document
Rose Leonard $15,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold $50,000 -7.4% $65 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $54,000 -- $70 / Sq Ft
Source: RMLS Alliance

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 $984 $13,350 $2,580 $10,770
2023 $513 $12,480 $2,410 $10,070
2022 $451 $11,340 $2,190 $9,150
2021 $408 $10,600 $2,050 $8,550
2020 $398 $10,510 $2,030 $8,480
2019 $373 $10,130 $1,960 $8,170
2018 $374 $10,130 $1,960 $8,170
2017 $360 $9,930 $1,920 $8,010
2016 $433 $10,400 $1,810 $8,590
2015 $4 $10,400 $1,810 $8,590
2012 $9 $10,190 $1,770 $8,420
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Mulvany

    Seller's Agent in 2024

    Rhonda Mulvany

    SOMER REAL ESTATE

    (618) 267-5946

    117 in this area

    199 Total Sales

    Rhonda Mulvany
    Section Image
  • Crystal Squibb

    Buyer's Agent in 2024

    Crystal Squibb

    SOMER REAL ESTATE

    (618) 292-6333

    22 in this area

    52 Total Sales

    Crystal Squibb
    Section Image
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Map

Source: RMLS Alliance

MLS Number: EB453527

RMLS Alliance

APN: 1100016095

Illinois Marion County Salem 62881

518 N Indiana Ave, Salem, IL

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