NOT LISTED FOR SALE

54651 Salem Farms Ct Unit 262 Osceola, IN 46561

Estimated Value: $581,000 - $829,000

5 Beds
3 Baths
4,332 Sq Ft
$164/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $664,272 $153 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,210/month

Highlights

  • Primary Bedroom Suite
  • Custom Home
  • Backs to Open Ground
  • Schmucker Middle School Rated A
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of September 2021

Custom Build Contract entered for comp purposes. Construction commenced April 2021 in the all new Reserve at Northbridge Valley, an exclusive Kline Custom Home Community. Open floor plan ranch features 3 beds, 2 bathrooms on main level, formal dining room/flex room, great room with fireplace and kitchen with custom cabinetry and 4x8 island. Partially finished basement features family room, 2 additional bedrooms, and an exercise/flex room. Courtyard entry 3 car garage, covered rear patio, all on a level build ready lot serviced by city water and sewer in the Penn School District. Note that some improvements shown in photos were contracted separately by homeowner, and are not reported in final sales price. This includes, but is not limited to, inground swimming pool and concrete decking: these items would add approximately $90,000 to final sales price.

Last Agent to Sell the Property

Karen Schneider

Artisan Realty Group Listed on: 04/01/2021

Last Buyer's Agent

Karen Schneider

Artisan Realty Group Listed on: 04/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,201

Year Built

  • Built in 2021

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 97 x 142 x 97 x 163
  • Backs to Open Ground
  • Cul-De-Sac
  • Level Lot
  • Irrigation

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Craftsman Architecture
  • Ranch Style House
  • Poured Concrete
  • Shingle Roof
  • Shingle Siding
  • Stone Exterior Construction
  • Cedar
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Bar
  • Beamed Ceilings
  • Tray Ceiling
  • Cathedral Ceiling
  • Gas Log Fireplace
  • ENERGY STAR Qualified Windows
  • Insulated Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Kitchen Island
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Doors
  • ENERGY STAR/Reflective Roof

Schools

  • Elsie Rogers Elementary School
  • Schmucker Middle School
  • Penn High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • ENERGY STAR Qualified Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • Built by Kline Custom Homes

Listing and Financial Details

  • Assessor Parcel Number 71-05-32-401-247.000-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,201

Year Built

Built in 2021

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2021
  • Style: One Story
  • Architectural Style: Ranch, Craftsman
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 262 NORTHBRIDGE VALLEY Sec 5 & RP Lot 211 Sec 4 21/22 NP #2040 10/16/2020
  • Parcel Number ID: 71-05-32-401-247.000-031
  • Platted: Yes
  • Amenities: Bar, Cable Available, Ceiling-Cathedral, Ceiling-Tray, Ceilings-Beamed, Closet(s) Walk-in, Countertops-Solid Surf, Countertops-Stone, Disposal, Foyer Entry, Garage Door Opener, Irrigation System, Kitchen Island, Open Floor Plan, Patio Covered, Porch Covered, Split Br Floor Plan, Twin Sink Vanity, Utility Sink, Main Level Bedroom Suite, Formal Dining Room, Custom Cabinetry
  • Builder Name: Kline Custom Homes
  • Cross Street: Cheyenne Meadows
  • Location: City/Town/Suburb
  • New Construction: Custom
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 106.28
  • Year Taxes Payable: 2022 new plat no tax info
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Total Sq Ft: 5164
  • Total Finished Sq Ft: 4332
  • Above Grade Finished Sq Ft: 2582
  • Below Grade Finished Sq Ft: 1750
  • Below Grade Sq Ft: 832
  • Price Per Sq Ft: 257.27
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Vinyl, Ceramic Tile
  • Bedroom 1: Dimensions: 17x16, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Main
  • Bedroom 3: Dimensions: 14x13, On Level: Main
  • Bedroom 4: Dimensions: 15x13, On Level: Basement
  • Bedroom 5: Dimensions: 13x13, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 2582

Exterior Features

  • Exterior: Cedar, Shingle, Stone, Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 24x30
  • Garage Sq Ft: 720
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Mishawaka Utility
  • Cable Company: Comcast
  • Hvac: High Efficiency Furnace

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 200
  • Association Fees Frequency: Annually
  • Common Amenities: Sidewalks

Schools

  • School District: Penn-Harris-Madison School Corp.
  • Elementary School: Elsie Rogers
  • Middle School: Schmucker
  • High School: Penn
  • Elementary School: Elsie Rogers

Lot Info

  • Lot Description: Cul-De-Sac, Level
  • Lot Dimensions: 97 x 142 x 97 x 163
  • Estimated Lot Sq Ft: 13068
  • Estimated Lot Size Acres: 0.3
  • Lot Number: 262

Green Features

  • Energy Efficient: Appliances, Doors, HVAC, Roofing, Water Heater, Windows
  • Energy Efficient Windows/Doors: Energy Star Windows, Insulated Doors

Tax Info

  • Annual Taxes: 1

MLS Schools

  • High School: Penn
  • Middle School: Schmucker
  • School District: Penn-Harris-Madison School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Kline Custom Homes Inc
Bought by
Woodruff Ryan C and Woodruff Lesley A
Current Estimated Value
$711,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$450,711
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$261,287

Purchase Details

Closed on
Apr 6, 2021
Sold by
Northbridge Valley Llc
Bought by
Kline Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$450,711
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$261,287

Purchase Details

Closed on
Mar 31, 2021
Sold by
Kline Custom Homes Inc
Bought by
Woodruff Ryan C and Woodruff Lesley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$450,711
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$261,287
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Woodruff Ryan C -- None Listed On Document
Kline Custom Homes Inc -- None Listed On Document
Woodruff Ryan C $120,000 None Available
Kline Custom Homes Inc $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodruff Ryan C $190,000
Closed Woodruff Ryan C $140,000
Open Woodruff Ryan C $500,000
Closed Woodruff Ryan C $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $664,272 +6.3% $153 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $625,000 -- $144 / Sq Ft
Source: Indiana Regional MLS

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 $5,201 $568,400 $85,800 $482,600
2023 $5,158 $520,100 $85,800 $434,300
2022 $9,507 $523,900 $85,800 $438,100
2021 $14 $700 $700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202110696

Indiana Regional MLS

APN: 71-05-32-401-247.000-031