NOT LISTED FOR SALE

5406 E State Road 56 Salem, IN 47167

Estimated Value: $209,000 - $246,000

3 Beds
1 Bath
1,360 Sq Ft
$172/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $215,000 $158 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,352/month

19 Days on Market

Highlights

  • 1 Car Attached Garage
  • Shed
  • Forced Air Heating and Cooling System
  • East Washington Elementary School Rated 9+

About This Home

As of December 2022

3 Bed 1 Bath, Barn Dominium built in 2018
The young trees planted around the property and lining the driveway adding to the welcoming sensation you'll get upon arriving. The simple exterior of the home can be deceiving to the possibilities of the interior. There is an additional septic tank and leach field along with water and electric hook ups available to the left of the house (General area marked with orange spray paint). 32'x12' Shed alongside house with 220 hook up. The Northwest corner has been used for a garden. Don't miss out on this opportunity!

Last Agent to Sell the Property

Trent Dotson

JPAR Aspire License #RB21000117 Listed on: 10/28/2022

JPAR Aspire

Last Buyer's Agent

Angela Bauer

RE/MAX FIRST License #RB14051241

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $241

Year Built

  • Built in 2018

Lot Details

  • 1.11 Acre Lot
  • Property is zoned Agriculture

Parking

  • 1 Car Attached Garage

Home Design

  • 1,360 Sq Ft Home
  • Slab Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 0020017430

Home Details

Home Type

Single Family

Est. Annual Taxes

$241

Year Built

Built in 2018

Lot Details

0

Parking

1

Listing Details

  • Improvements: 85000
  • Annual Tax: 241
  • Appointment: Mandatory
  • Foundation: Slab
  • Land Assessment: 20400
  • Legal Description: 12-06-200-030.000-02 PT NW 6-2-5 1.105AC
  • Out Buildings: Shed
  • Parcel Number: 0020017430
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 105400
  • Total Finished Square Footage: 1360
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1360.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Lot Sq Ft: 48133.80
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1360

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 1.1050
  • Zoning: Residential, Agriculture

Range of Values:

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Young Troy Wayne $211,105
Closed England Rick $48,000
Closed England Rick $28,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $215,000 -2.3% $158 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
11/03/2022 11/03/22 Price Changed $220,000 -8.3% $162 / Sq Ft
10/28/2022 10/28/22 For Sale $240,000 -- $176 / 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 $1,068 $143,900 $21,400 $122,500
2023 $990 $137,100 $21,400 $115,700
2022 $656 $116,300 $20,400 $95,900
2021 $483 $105,400 $20,400 $85,000
2020 $398 $99,100 $20,400 $78,700
2019 $367 $97,300 $20,400 $76,900
2018 $91 $72,000 $20,400 $51,600
2017 $83 $73,000 $20,400 $52,600
2016 $51 $65,900 $20,400 $45,500
2014 $59 $68,400 $20,400 $48,000
2013 $23 $64,900 $20,400 $44,500
Source: Public Records

Agents Affiliated with this Home

  • Trent Dotson

    Seller's Agent in 2022

    Trent Dotson

    JPAR Aspire

    (812) 786-1031

    9 Total Sales

    Trent Dotson
    Section Image
  • Angela Bauer

    Buyer's Agent in 2022

    Angela Bauer

    RE/MAX

    (502) 773-2304

    196 Total Sales

    Angela Bauer
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2022012960

Southern Indiana REALTORS® Association

APN: 88-25-06-000-030.000-004

Indiana Washington County Salem 47167

5406 E State Road 56, Salem, IN

This home is located at 5406 E State Road 56, Salem, IN 47167 since 28 October 2022 and is currently estimated at $233,544, approximately $171 per square foot. This property was built in 2018. 5406 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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