NOT LISTED FOR SALE

5840 W Stewart Rd Salem, IN 47167

Estimated Value: $378,000

3 Beds
3 Baths
2,800 Sq Ft
$135/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $424,000 $151 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,127/month

Highlights

  • 24.5 Acre Lot
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • West Washington Elementary School Rated 9+

About This Home

As of February 2021

Beautiful home sitting high on 2 acres, surrounded by farm land with spectacular panoramic views during each season. Quiet and serene, located at the end of a paved 1/2 mile dead end road under 2 miles from SR 56. Home is just over 7 miles to Salem Schools and within 6 miles to West Washington Schools. Open floor plan, 3 large bedroom, 3 full bathroom, hardwood throughout the 1st and 2nd floor. Mudroom and laundry on main level. Wrap-around porch, concrete patio and finished walkout basement that could serve as a totally separate living space. Basement includes utility room, a living space, full bathroom, storage closets, and a bonus room that could be used as a 4th bedroom. 30x40 detached garage connected to back deck by breezeway, heated by Trane propane furnace with plenty of space for 3 vehicles.

Last Agent to Sell the Property

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 11/16/2020

Last Buyer's Agent

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 11/16/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,068

Year Built

  • Built in 2006

Lot Details

  • 24.5 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 2,800 Sq Ft Home
  • Frame Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 881304000003003007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,068

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Improvements: 176200
  • Annual Tax: 2068
  • Appointment: 24 Hour Notice
  • Construction: Frame On-Site
  • Land Assessment: 19000
  • Legal Description: PT NW 4-1-3 2AC
  • Parcel Number: 881304000003003007
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 195200
  • Total Deduction Amnt: 90275
  • Total Finished Square Footage: 2800
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Finished
  • Above Grade Finished Sq Ft: 1680.00
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Lot Sq Ft: 1067220.00
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2800

Garage/Parking

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

Utilities

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

Lot Info

  • Acres: 24.5000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Stewart Kevin E and Stewart Dawn E
Bought by
Wills Timothy M and Wills Christine J
Current Estimated Value
$378,000

Purchase Details

Listed on
Nov 16, 2020
Closed on
Feb 2, 2021
Sold by
Ponder Daniel G and Ponder Kala S
Bought by
Wills Timothy M and Wills Christine J
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
Mary Finkle
Mainstreet REALTORS
List Price
$424,000
Sold Price
$424,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.43%
Original Mortgage
$339,200
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 16, 2020
Closed on
Jan 27, 2021
Sold by
Stewart Kevin W and Stewart Dawn E
Bought by
Ponder Daniel G and Ponder Kala S
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
Mary Finkle
Mainstreet REALTORS
List Price
$424,000
Sold Price
$424,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,200
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2013
Sold by
Stewart Kevin W
Bought by
Ponder Daniel G and Ponder Kala S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wills Timothy M -- None Listed On Document
Wills Timothy M -- None Listed On Document
Ponder Daniel G -- None Available
Ponder Daniel G $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wills Timothy M $339,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2021 02/02/21 Sold $424,000 0.0% $151 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $424,000 -- $151 / 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 $1,376 $80,800 $80,800 $0
2023 $1,183 $67,300 $67,300 $0
2022 $825 $45,600 $45,600 $0
2021 $1,887 $93,100 $62,300 $30,800
2020 $1,880 $92,600 $61,800 $30,800
2019 $2,125 $106,100 $75,300 $30,800
2018 $2,022 $108,300 $77,800 $30,500
2017 $2,108 $119,700 $89,300 $30,400
2016 $2,138 $124,600 $94,600 $30,000
2014 $2,181 $130,600 $101,000 $29,600
2013 $2,935 $283,400 $101,000 $182,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2020012011

Southern Indiana REALTORS® Association

APN: 88-13-04-000-003.000-007