NOT LISTED FOR SALE

5928 E Old 56 Salem, IN 47167

Estimated Value: $301,000 - $355,000

4 Beds
3 Baths
1,662 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 08, 2017

Last sale price $150,000 $90 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,877/month

Highlights

  • 23.09 Acre Lot
  • Wood Burning Stove
  • Thermal Windows
  • Deck
  • First Floor Utility Room
  • 2 Car Attached Garage

About This Home

As of March 2017

Country living at it's BEST! Over 23 acres. Minutes to Salem or Scottsburg. Home has been updated with new laminate, carpet, counter tops, bath fixtures, subflooring, 2 new sump pumps, gravel and plastic in crawl space. Horse barn and detached work shop with 3 phase electric. New deck on the back of home to view the countryside. large utility room with outside entrance.

Last Agent to Sell the Property

Sherri Probus

RE/MAX FIRST License #RB14015408 Listed on: 01/17/2017

RE/MAX FIRST

Last Buyer's Agent

Jennifer Nichols

Lopp Real Estate Brokers License #RB14039959

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,351

Year Built

  • Built in 1980

Lot Details

  • 23.09 Acre Lot
  • Landscaped
  • Property is zoned Agri/ Residential

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Frame Construction
  • Wood Trim

Interior Spaces

  • 1,662 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • Blinds
  • First Floor Utility Room
  • Storage
  • Utility Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Ceramic Tile in Bathrooms

Outdoor Features

  • Deck

Farming

  • Horse or Livestock Barn
  • Hobby or Recreation Farm
  • Cattle
  • Horse Farm

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 883531000010000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,351

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Improvements: 97400
  • Additional Parking: Off Street
  • Annual Tax: 1351
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Supplemental Homestd
  • Foundation: Crawl Space
  • Land Assessment: 42800
  • Legal Description: 09-31-400-010.000-03 PT SW 31-3-5 21.09 AC. PT SE 31-3-5 2ac
  • Out Buildings: Barn(s), Horse Barn
  • Parcel Number: 883531000010000005
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 140200
  • Total Finished Square Footage: 1662
  • Type: 1 Story
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1662.00
  • Appliances: Dishwasher, Garage Door Opener
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: Insert, Woodburning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Added Storage, Blinds, Breakfast Bar, Ceramic Bath, Eat-In Kitchen, Natural Wood Trim, Utility/Mud Room, Wood Stove
  • Lot Measurement: Acres
  • Lot Sq Ft: 1005800.00
  • Room Count: 8
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1662
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Deck, Landscaped, Thermopane Windows

Garage/Parking

  • Garage Type: Attached, Front Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas, Wood
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 23.0900
  • Farm Type: Cattle, Gentleman, Horse
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2017
Closed on
Mar 8, 2017
Sold by
Floyd Larry B
Bought by
Jd Mills
Seller's Agent
Sherri Probus
RE/MAX FIRST
Buyer's Agent
Jennifer Nichols
Lopp Real Estate Brokers
List Price
$189,900
Sold Price
$150,000
Premium/Discount to List
-$39,900
-21.01%
Current Estimated Value
$326,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,515
Avg. Annual Appreciation
8.40%
Original Mortgage
$150,000
Outstanding Balance
$125,866
Interest Rate
4.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$172,504

Purchase Details

Listed on
Feb 7, 2015
Closed on
May 28, 2015
Sold by
Floyd Larry B and Floyd Wanda F
Bought by
Harris Richard A
Seller's Agent
Sherri Probus
RE/MAX FIRST
Buyer's Agent
Sherri Probus
RE/MAX FIRST
List Price
$169,900
Sold Price
$169,000
Premium/Discount to List
-$900
-0.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.48%
Original Mortgage
$169,000
Interest Rate
3.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 27, 2013
Sold by
Hopewell Angelina Lara
Bought by
Floyd Larry B and Floyd Wanda F
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
Jd Mills $150,000 --
Harris Richard A -- None Available
Floyd Larry B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kobar Properties Llc $150,000
Previous Owner Harris Richard A $169,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2017 03/08/17 Sold $150,000 -21.0% $90 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $189,900 +12.4% $114 / Sq Ft
05/28/2015 05/28/15 Sold $169,000 -0.5% $102 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
02/07/2015 02/07/15 For Sale $169,900 -- $102 / 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 $1,659 $159,200 $47,800 $111,400
2023 $1,535 $147,000 $41,800 $105,200
2022 $1,429 $142,700 $35,600 $107,100
2021 $1,305 $122,600 $32,300 $90,300
2020 $1,232 $121,000 $32,100 $88,900
2019 $1,380 $130,500 $36,500 $94,000
2018 $1,438 $133,300 $37,300 $96,000
2017 $1,397 $138,400 $41,100 $97,300
2016 $1,348 $140,200 $42,800 $97,400
2014 $1,273 $143,700 $44,200 $99,500
2013 $1,125 $131,800 $38,800 $93,000
Source: Public Records

Agents Affiliated with this Home

  • Sherri Probus

    Seller's Agent in 2017

    Sherri Probus

    RE/MAX

    (502) 594-1780

    41 Total Sales

    Sherri Probus
    Section Image
  • Jennifer Nichols

    Buyer's Agent in 2017

    Jennifer Nichols

    Lopp Real Estate Brokers

    (812) 620-2895

    48 Total Sales

    Jennifer Nichols
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201700334

Southern Indiana REALTORS® Association

APN: 88-35-31-000-010.000-005

Indiana Washington County Salem 47167

5928 E Old 56, Salem, IN

This home is located at 5928 E Old 56, Salem, IN 47167 since 17 January 2017 and is currently estimated at $326,515, approximately $196 per square foot. This property was built in 1980. 5928 E Old 56 is a home located in Washington County with nearby schools including Bradie M. Shrum Lower Elementary School, Salem Middle School, and Salem High School.

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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