NOT LISTED FOR SALE

54725 Salem Farms Ct Unit 266 Osceola, IN 46561

Estimated Value: $569,000 - $756,791

4 Beds
3 Baths
3,634 Sq Ft
$189/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $683,000 $188 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,092/month

67 Days on Market

Highlights

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

About This Home

As of March 2023

Last chance to tour this New Construction in Penn School District by Kline Custom Homes before the new owners move in, as builder has a similar home just underway for sale. See how these buyers added an outdoor fireplace and customized the basement with a home theatre just in time for March Madness! Open floor plan ranch on a cul-de-sac features a great room with rich wood flooring, cathedral ceiling and built in cabinetry flanking an impressive gas fireplace with stone mantle. Relax on your covered rear patio, or entertain on your additional 25x12 patio with plenty of room for a swimming pool. Bright white kitchen with 9 ft quartz island, double wall oven, and a walk in pantry. Master suite has coffered beam ceiling and beautifully tiled master bathroom with expanded tile shower with dual benches. Laundry room has convenient access to expanded master walk in closet. Mudroom area with bench and drop zone lead to fully insulated and drywalled 3 car garage. Two additional bedrooms and a guest bath complete the main level. Original List Price did not include finished basement with 9 ft ceiling height, including a family room, bar area, full bathroom, 4th bedroom and even a home theatre. Served by reliable city water and sewer, this home also includes a sprinkler system and partially sodded lawn. Additional lots and floor plans are available if you would like to build.

Last Agent to Sell the Property

Karen Schneider

Artisan Realty Group Listed on: 11/20/2022

Last Buyer's Agent

Tina Seniff

Berkshire Hathaway HomeServices Elkhart

Berkshire Hathaway HomeServices Elkhart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,335

Year Built

  • Built in 2023

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 91x148x91x143
  • Backs to Open Ground
  • Cul-De-Sac
  • Rural Setting
  • Level Lot
  • Irrigation

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • Open Floorplan
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • ENERGY STAR Qualified Windows
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

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
  • Northbridge Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71-05-32-401-251.000-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,335

Year Built

Built in 2023

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2023
  • Style: One Story
  • Architectural Style: Ranch, Craftsman
  • Total Number of Rooms: 11
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 266 NORTHBRIDGE VALLEY Sec 5 & RP Lot 211 Sec 4 21/22 NP #2040 10/16/2020
  • Parcel Number ID: 71-05-32-401-251.000-031
  • Platted: Yes
  • Amenities: Bar, Cable Available, Ceiling-9+, Ceiling-Cathedral, Ceiling-Tray, Ceiling Fan(s), Ceilings-Beamed, Closet(s) Walk-in, Countertops-Solid Surf, Countertops-Stone, Crown Molding, Detector-Smoke, Disposal, Dryer Hook Up Gas, Foyer Entry, Garage Door Opener, Irrigation System, Kitchen Island, Open Floor Plan, Pantry-Walk In, Patio Covered, Patio Open, Porch Covered, Split Br Floor Plan, Twin Sink Vanity, Utility Sink, Main Level Bedroom Suite, Great Room, Main Floor Laundry, Custom Cabinetry
  • Builder Name: Kline Custom Homes
  • Cross Street: Edison & Birch
  • Location: City/Town/Suburb, Rural Subdivision
  • New Construction: Spec
  • Number Below Grade Bedrooms: 1
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 100.15
  • Year Taxes Payable: 2022
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Total Sq Ft: 4468
  • Total Finished Sq Ft: 3634
  • Above Grade Finished Sq Ft: 2234
  • Below Grade Finished Sq Ft: 1400
  • Below Grade Sq Ft: 834
  • Price Per Sq Ft: 305.73
  • 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: Carpet, Hardwood Floors, Tile, Vinyl
  • Bedroom 1: Dimensions: 18x16, On Level: Main
  • Bedroom 2: Dimensions: 13x13, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Bedroom 4: Dimensions: 14x13, 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: 2234

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 22x32
  • Garage Sq Ft: 704
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Conventional, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Water Company: Mishawaka Utility
  • Cable Company: Comcast
  • Hvac: Ceiling Fan, 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, 0-2.9999
  • Lot Dimensions: 91x148x91x143
  • Estimated Lot Sq Ft: 13504
  • Estimated Lot Size Acres: 0.31
  • Lot Number: 266

Green Features

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

Tax Info

  • Annual Taxes: 14
  • Total Assessed Value: 500

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

Listed on
Nov 20, 2022
Closed on
Mar 8, 2023
Sold by
Kline Custom Homes Inc
Bought by
Walls Jonathan and Walls Jordan
Seller's Agent
Karen Schneider
Artisan Realty Group
Buyer's Agent
Tina Seniff
Berkshire Hathaway HomeServices Elkhart
List Price
$682,000
Sold Price
$683,000
Premium/Discount to List
$1,000
0.15%
Views
139
Current Estimated Value
$672,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,440
Avg. Annual Appreciation
0.01%
Original Mortgage
$545,600
Outstanding Balance
$531,511
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$151,717
Source: Public Records

Range of Values:

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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
Walls Jonathan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walls Jonathan $545,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $683,000 +0.1% $188 / Sq Ft
03/06/2023 03/06/23 Price Changed $682,000 0.0% $188 / Sq Ft
03/06/2023 03/06/23 For Sale $682,000 +24.2% $188 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/03/2023 01/03/23 Price Changed $549,000 -0.9% $151 / Sq Ft
12/02/2022 12/02/22 Price Changed $554,000 -1.9% $152 / Sq Ft
11/20/2022 11/20/22 For Sale $564,500 -- $155 / 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 $4,335 $552,000 $79,700 $472,300
2023 $9 $476,700 $79,700 $397,000
2022 $9 $500 $500 $0
2021 $14 $700 $700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202247456

Indiana Regional MLS

APN: 71-05-32-401-251.000-031