NOT LISTED FOR SALE

5701 E Old 56 Salem, IN 47167

Estimated Value: $228,000 - $381,932

4 Beds
2.5 Baths
1,674 Sq Ft
$197/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $100,000 $60 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $1,878/month

150 Days on Market

Highlights

  • Scenic Views
  • Deck
  • Thermal Windows
  • East Washington Elementary School Rated 9+
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of July 2014

Awesome 1.5 story home in the country! This 4 bedroom, 2.5 bath home is just what you're looking for! The open floor plan is great, it has a laundry room, kitchen, dining room, and a nice back deck! Not to mention over 5.5 acres of land! Call today and don't miss out on this great buy!

Last Agent to Sell the Property

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 12/30/2013

Last Buyer's Agent

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 12/30/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $916

Year Built

  • Built in 2005

Lot Details

  • 5.74 Acre Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,674 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Scenic Vista Views
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 882506000012005004

Home Details

Home Type

Single Family

Est. Annual Taxes

$916

Year Built

Built in 2005

Lot Details

5.74 Acres

Parking

2

Listing Details

  • Annual Tax: 916
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Mortgage, Supplemental Homestd
  • Foundation: Concrete Block
  • Legal Description: PT NH 6-2-5 5.74 AC
  • Lot Dimensions: 5.74 acres
  • Numof Fireplaces: 0
  • Parcel Number: 882506000012005004
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Short Sale: Yes
  • Total Finished Square Footage: 1674
  • Type: 1.5 Story
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 1674.00
  • Appliances: Dishwasher, Garage Door Opener
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Master, Bath Master, Ceiling Fan(s), Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 250034.00
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1674

Exterior Features

  • Exterior Features: Deck, Porch, Thermopane Windows

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 5.7400
  • Lot Description: Scenic View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2022
Sold by
Hoke Eric G
Bought by
N-Loke Eric and Hoke Mary W
Current Estimated Value
$330,233

Purchase Details

Closed on
Dec 30, 2014
Sold by
Cottongim Enterprises Inc
Bought by
Hoke Eric G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 30, 2013
Closed on
Jul 1, 2014
Sold by
Burlington Melissa L
Bought by
Cottongim Enterprises Inc
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
Mary Finkle
Mainstreet REALTORS
List Price
$129,900
Sold Price
$100,000
Premium/Discount to List
-$29,900
-23.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%

Purchase Details

Listed on
Dec 30, 2013
Closed on
Jun 20, 2014
Sold by
Gibson Shawn Daryn and Gibson Hannah Skye
Bought by
Burlington Melissa L
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
Mary Finkle
Mainstreet REALTORS
List Price
$129,900
Sold Price
$100,000
Premium/Discount to List
-$29,900
-23.02%

Purchase Details

Closed on
Nov 15, 2012
Sold by
Burlington Donald L
Bought by
Burlington Melissa L

Purchase Details

Closed on
Dec 31, 2010
Sold by
Burlington Donald L and Burlington Melissa L
Bought by
Gibson Shawn Daryn and Gibson Hannah Skye

Purchase Details

Closed on
Jun 13, 2005
Sold by
Morgan Steve and Morgan Donna
Bought by
Mull Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
N-Loke Eric -- None Listed On Document
Hoke Eric G -- None Available
Cottongim Enterprises Inc -- Classic Title Inc
Burlington Melissa L -- None Available
Burlington Melissa L -- None Available
Gibson Shawn Daryn -- None Available
Mull Melissa L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoke Eric G $130,950
Previous Owner Mull Melissa L $109,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2014 07/01/14 Sold $100,000 -23.0% $60 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $129,900 -- $78 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $2,108 $227,600 $39,000 $188,600
2023 $2,239 $219,600 $39,000 $180,600
2022 $2,397 $210,100 $39,000 $171,100
2021 $1,704 $165,400 $39,000 $126,400
2020 $1,698 $163,300 $39,000 $124,300
2019 $1,631 $160,900 $39,000 $121,900
2018 $1,476 $157,000 $39,000 $118,000
2017 $1,225 $155,200 $39,000 $116,200
2016 $959 $140,100 $39,000 $101,100
2014 $1,041 $149,100 $39,000 $110,100
2013 $916 $142,900 $39,000 $103,900
Source: Public Records

Agents Affiliated with this Home

  • Mary Finkle

    Seller's Agent in 2014

    Mary Finkle

    Mainstreet REALTORS

    (812) 883-9555

    441 Total Sales

    Mary Finkle
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201400019

Southern Indiana REALTORS® Association

APN: 88-25-06-000-012.005-004

Indiana Washington County Salem 47167

5701 E Old 56, Salem, IN

Not Listed for Sale

Detached

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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