NOT LISTED FOR SALE

5820 E Firetower Rd Salem, IN 47167

Estimated Value: $194,000 - $319,000

3 Beds
1 Bath
2,816 Sq Ft
$96/Sq Ft Est. Value

Last Sold September 26, 2018

Last sale price $126,000 $45 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,551/month

About This Home

As of September 2018

You can have your own piece of paradise on 4 acres, conveniently located to everything! This setting is perfect from the moment you pull up to the circle driveway, all the way to the creek that runs through the property. This spacious 3 bedroom (possible 4th bedroom on the main floor; no egress window or closet), 1 bath home has 2 family/entertaining areas; one on each floor. The spacious kitchen provides ample cabinet space & allows for you to expand. All kitchen appliances, to include the water purifier will remain (the deep freezer in the dining room does NOT remain). There is also an additional room that is being used as a storage area. The property itself is set up for livestock if you choose w/ new, separate fenced areas, 3 new cattle gates & a garden for you to grow your own vegetables. Outdoor storage space is also not an issue with the new, locking shed. There is much more to see, call today to make your appointment. All sq ft & measurements approximate. The propane tank is rented. Sq ft & rm sz approx.

Last Agent to Sell the Property

Michelle Hatfield

Schuler Bauer Real Estate Services ERA Powered (N License #RB14045688 Listed on: 03/13/2018

Schuler Bauer Real Estate Services ERA Powered  (N

Last Buyer's Agent

Mary Finkle

Mainstreet REALTORS License #RB14026176

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $581

Year Built

  • Built in 1999

Lot Details

  • 4.09 Acre Lot
  • Property is zoned Agri/ Residential

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,816 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Propane
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 882506000042001004

Home Details

Home Type

Single Family

Est. Annual Taxes

$581

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Improvements: 71100
  • Annual Tax: 581
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Home Warranty Provided: American Home Shield
  • Land Assessment: 32400
  • Legal Description: PT NE 6-2-5 4.094 AC.
  • Parcel Number: 882506000042001004
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 103500
  • Total Deduction Amnt: 64135
  • Total Finished Square Footage: 2816
  • Type: 2 Story
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 2816.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Lot Sq Ft: 178160.40
  • Room Count: 11
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2816
  • Total Rooms: 10

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Lp Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: East Washington

Lot Info

  • Acres: 4.0900
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
Sep 26, 2018
Sold by
Jeffrey Morris Nathan
Bought by
Matthew Abbott
Seller's Agent
Michelle Hatfield
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Mary Finkle
Mainstreet REALTORS
List Price
$132,999
Sold Price
$126,000
Premium/Discount to List
-$6,999
-5.26%
Current Estimated Value
$269,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,074
Avg. Annual Appreciation
11.40%
Original Mortgage
$109,600
Outstanding Balance
$94,910
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$174,164

Purchase Details

Listed on
Mar 13, 2018
Closed on
Aug 19, 2018
Sold by
Morris Nathan Jeffrey and Morris Kaila Ashley
Bought by
Abbott Matthew and Abbott Rhonda
Seller's Agent
Michelle Hatfield
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Mary Finkle
Mainstreet REALTORS
List Price
$132,999
Sold Price
$126,000
Premium/Discount to List
-$6,999
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Outstanding Balance
$94,910
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$174,164

Purchase Details

Listed on
Jan 20, 2017
Closed on
Apr 17, 2017
Sold by
Soule Richard R
Bought by
Morris Nathan Jeffery and Morris Kaila Ashley
Seller's Agent
Brian Helsel
Brixton Realty
Buyer's Agent
Michelle Hatfield
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$122,000
Sold Price
$119,000
Premium/Discount to List
-$3,000
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$121,558
Interest Rate
4.21%
Mortgage Type
VA

Purchase Details

Listed on
Jan 20, 2017
Closed on
Mar 21, 2017
Sold by
Soule Lucy A
Bought by
Soule Richard R
Seller's Agent
Brian Helsel
Brixton Realty
Buyer's Agent
Michelle Hatfield
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$122,000
Sold Price
$119,000
Premium/Discount to List
-$3,000
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,558
Interest Rate
4.21%
Mortgage Type
VA

Purchase Details

Closed on
Aug 4, 2011
Sold by
First Harrison Bank
Bought by
Soule Richard R and Soule Lucy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2011
Sold by
Soliday Michael Nathan and Soliday Michael Nathan
Bought by
First Harison Bank

Purchase Details

Closed on
Sep 21, 2007
Sold by
Freed Mary A
Bought by
Soliday Michael Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2005
Sold by
Freed Bennie D
Bought by
Freed Mary A
Source: Public Records

Range of Values:

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Average Value
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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
Matthew Abbott $126,000 --
Abbott Matthew -- None Available
Morris Nathan Jeffery -- None Available
Soule Richard R -- None Available
Soule Richard R -- None Available
Soule Richard R -- None Available
First Harison Bank -- None Available
Soliday Michael Nathan -- None Available
Freed Mary A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbott Matthew $109,600
Previous Owner Morris Nathan Jeffery $121,558
Previous Owner Soule Richard R $55,000
Previous Owner Soliday Michael Nathan $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2018 09/26/18 Sold $126,000 -5.3% $45 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $132,999 0.0% $47 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $132,999 +11.8% $47 / Sq Ft
04/17/2017 04/17/17 Sold $119,000 -2.5% $42 / Sq Ft View Prior Sale
02/15/2017 02/15/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $122,000 -- $43 / 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 $1,425 $168,700 $32,400 $136,300
2023 $1,407 $161,000 $32,400 $128,600
2022 $1,438 $152,100 $32,400 $119,700
2021 $1,109 $125,600 $32,400 $93,200
2020 $1,059 $121,500 $32,400 $89,100
2019 $1,021 $120,200 $32,400 $87,800
2018 $862 $112,600 $32,400 $80,200
2017 $800 $113,900 $32,400 $81,500
2016 $581 $103,500 $32,400 $71,100
2014 $621 $110,600 $32,400 $78,200
2013 $559 $105,600 $32,400 $73,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201806435

Southern Indiana REALTORS® Association

APN: 88-25-06-000-042.001-004