NOT LISTED FOR SALE

603 Michael St Salem, IN 47167

Estimated Value: $77,728 - $100,000

2 Beds
1 Bath
720 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $70,000 $97 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $558/month

Highlights

  • Porch
  • 1-Story Property
  • Family Room
  • Eat-In Kitchen

About This Home

As of May 2023

BACK ON THE MARKET...MUST BE UNDER CONTRACT BY APRIL 28. Put your finishing touches and TLC on this cozy 2 bedroom, 1 bath home minutes from Salem Town Square. Home has been recently renovated … new carpet, new vinyl in kitchen and bathroom, new vanity and sink in bathroom, new gutters and downspouts, new windows in back bedroom, new front and side doors. No appliances. Carport with storage closet. Home is being sold As Is. Electric and water are not on will not be turned on for inspections. Sq ft & rm sz approx.

Last Listed By

Cathy Jackson

Schuler Bauer Real Estate Services ERA Powered (N License #RB22000113 Listed on: 05/08/2023

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $283

Year Built

  • Built in 1964

Lot Details

  • 3,920

Parking

  • Carport

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • 3,920 Sq Ft Lot
  • Gas Available

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 882418113028000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$283

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Improvements: 30700
  • Annual Tax: 283
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Crawl Space
  • Land Assessment: 5900
  • Legal Description: 13-18-113-028.000-22 TUCKER PT BLK 10
  • Parcel Number: 882418113028000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Short Sale: Yes
  • Total: 36600
  • Total Deduction Amnt: 37000
  • Total Finished Square Footage: 720
  • Type: 1 Story
  • Year Built: 1964
  • Special Features: 12

Interior Features

  • Water Heater: Unknown
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 720.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master, Eat-In Kitchen, Family Room
  • Lot Sq Ft: 3920.40
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 720
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Porch

Garage/Parking

  • Garage Type: Carport

Utilities

  • Fuel Type: Gas
  • Heat Type: Unknown
  • Water Type: Public Available

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.0900
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
May 15, 2023
Sold by
Hobson Kim
Bought by
Chastain Leon and Chastain Michelle
Seller's Agent
Cathy Jackson
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Mark Day
The Day Company REALTORS
List Price
$70,000
Sold Price
$70,000
Total Days on Market
0
Views
4
Current Estimated Value
$85,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,182
Avg. Annual Appreciation
10.48%

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
Chastain Leon $70,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hobson Kim $66,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $70,000 0.0% $97 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $70,000 -- $97 / 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 $1,000 $50,000 $5,900 $44,100
2023 $448 $45,400 $5,900 $39,500
2022 $306 $40,200 $5,900 $34,300
2021 $283 $37,000 $5,900 $31,100
2020 $252 $35,100 $5,900 $29,200
2019 $233 $33,700 $5,900 $27,800
2018 $207 $31,000 $5,900 $25,100
2017 $200 $34,800 $5,900 $28,900
2016 $152 $32,200 $5,900 $26,300
2014 $156 $34,700 $5,900 $28,800
2013 $140 $33,700 $5,900 $27,800
Source: Public Records

Agents Affiliated with this Home

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Source: Southern Indiana REALTORS® Association

MLS Number: 202307460

Southern Indiana REALTORS® Association

APN: 88-24-18-113-028.000-022