NOT LISTED FOR SALE

5398 E State Road 56 Salem, IN 47167

Estimated Value: $192,000 - $273,000

6 Beds
3.5 Baths
1,968 Sq Ft
$123/Sq Ft Est. Value

Last Sold February 26, 2013

Last sale price $27,799 $14 Per Sq Ft

Est. 769% increase in value since last sale

Current estimated payment $1,411/month

76 Days on Market

Highlights

  • Barn
  • Deck
  • Accessibility Features
  • East Washington Elementary School Rated 9+
  • First Floor Utility Room
  • 1-Story Property

About This Home

As of February 2013

What a deal. 6 bedrooms 3.5 bath home with 3+ acres. Buyer and or Agent must verify all utilities on property. Including septic, water, electric. Buyer/Agent to verify taxes with county records. Home in need of repairs and being SOLD - AS - IS !!! SELLER,AND BROKER AGREE THAT THEY WILL NOT DISCRIMINATE AGAINST ANY PROSPECTIVE PURCHASER BASED ON RACE, COLOR, SEX, DISABILITY, RELIGION, NATIONAL ORIGIN, MARTIAL STATUS, LAWFUL SOURCE OF INCOME, AGE, ANCESTRY, OR IN ANY OTHER UNLAWFUL MANNER. Possible true modular home with additions. Buyer to verify with inspections.

Last Agent to Sell the Property

Barbara Roth

Diamond Homes Real Estate, Inc. License #RB14029387 Listed on: 10/26/2012

Last Buyer's Agent

Barbara Roth

Diamond Homes Real Estate, Inc. License #RB14029387 Listed on: 10/26/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 3.1

Parking

  • Off-Street Parking

Home Design

  • Modular or Manufactured Materials

Interior Spaces

  • 1,968 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room
  • Utility Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Accessibility Features
  • Deck
  • 3.1 Acre Lot
  • Barn

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 882506000027000004

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Improvements: 71800
  • Additional Parking: Off Street
  • Annual Tax: 799
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Modular
  • Deduction Type: Homestead Standard, Mortgage, Supplemental Homestd
  • Foundation: Unknown
  • Land Assessment: 28400
  • Legal Description: PT NW 6-2-5 3.101 AC.
  • Lot Dimensions: see below
  • Out Buildings: Barn(s)
  • Parcel Number: 882506000027000004
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 100200
  • Total Finished Square Footage: 1968
  • Type: 1 Story
  • Year Built: 1969
  • Special Features: 20

Interior Features

  • Above Grade Finished Sq Ft: 1968.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Split Bedrooms, Utility/Mud Room
  • Lot Measurement: Acres
  • Lot Sq Ft: 135080.00
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 1968
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Access. Features, Deck

Garage/Parking

  • Garage Spaces: 0

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Water Type: Public Available

Lot Info

  • Acres: 3.1000
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2020
Sold by
Woods Terea M Cross
Bought by
Dean Jeremy
Current Estimated Value
$241,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Outstanding Balance
$95,017
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$158,894

Purchase Details

Closed on
Mar 29, 2017
Sold by
Cross John R and Cross Woods Terea M
Bought by
Cross Woods Terea M

Purchase Details

Closed on
Oct 16, 2012
Sold by
Bowling Maynard and United States Of America
Bought by
Bank Of New York Mellon
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
Dean Jeremy $117,500 Salem Title Corp
Cross Woods Terea M -- None Available
Bank Of New York Mellon $64,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dean Jeremy $105,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2013 02/26/13 Sold $27,799 -32.2% $14 / Sq Ft
01/10/2013 01/10/13 Pending -- -- --
10/26/2012 10/26/12 For Sale $41,000 -- $21 / 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 $1,253 $156,500 $28,400 $128,100
2023 $1,227 $148,800 $28,400 $120,400
2022 $1,299 $140,000 $28,400 $111,600
2021 $1,162 $126,100 $28,400 $97,700
2020 $1,118 $122,200 $28,400 $93,800
2019 $1,089 $121,900 $28,400 $93,500
2018 $1,005 $117,900 $28,400 $89,500
2017 $870 $118,300 $28,400 $89,900
2016 $677 $106,600 $28,400 $78,200
2014 $740 $116,900 $28,400 $88,500
2013 $634 $107,000 $28,400 $78,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Barbara Roth

    Diamond Homes Real Estate, Inc.

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201207403

Southern Indiana REALTORS® Association

APN: 88-25-06-000-027.000-004

Indiana Washington County Salem 47167

5398 E State Road 56, Salem, IN

This home is located at 5398 E State Road 56, Salem, IN 47167 since 26 October 2012 and is currently estimated at $241,664, approximately $122 per square foot. This property was built in 1969. 5398 E State Road 56 is a home located in Washington County with nearby schools including East Washington Elementary School, East Washington Middle School, and Eastern 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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