NOT LISTED FOR SALE

612 N College Ave Salem, IN 47167

Estimated Value: $76,000 - $120,056

2 Beds
1 Bath
816 Sq Ft
$114/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $41,500 $51 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $601/month

176 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Baseboard Heating
  • Garden
  • Ceiling Fan

About This Home

As of July 2019

GREAT Investment opportunity with lots of possibilities is ready for a new owner! This Two bedrooms 1 bath home with a basement, also offers a bonus room for extra storage or to use for your liking.

Last Agent to Sell the Property

Hannah Gibson

Brixton Realty License #RB17000560 Listed on: 01/02/2019

Last Buyer's Agent

Mary Finkle

Mainstreet REALTORS License #RB14026176

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $868

Year Built

  • Built in 1946

Lot Details

  • 7,841 Sq Ft Lot
  • Garden

Home Design

  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 816 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Blinds
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882417224008000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$868

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Improvements: 32300
  • Annual Tax: 868
  • Appointment: 24 Hour Notice
  • Construction: Existing, Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 11100
  • Legal Description: J.M. CARTER PT LOT 5
  • Parcel Number: 882417224008000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 43400
  • Total Finished Square Footage: 816
  • Type: 1.5 Story
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Full, Unfinished
  • Above Grade Finished Sq Ft: 816.00
  • Appliances: Disposal, Range / Oven
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: Blinds, Ceiling Fan(s)
  • Lot Sq Ft: 7840.80
  • Room Count: 6
  • Sewer Type: Sewer
  • Total Sq Ft: 816
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Porch, Vinyl Siding

Utilities

  • Fuel Type: Nat Gas
  • Heat Type: Baseboard, Forced Air
  • Water Type: Public Onsite

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.1800
  • Lot Description: Garden Area
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Rtx Properties Llc
Bought by
Army Vet Llc
Total Days on Market
176
Current Estimated Value
$93,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$101,083
Interest Rate
6%
Mortgage Type
Construction
Estimated Equity
-$8,069

Purchase Details

Listed on
Jan 2, 2019
Closed on
Jul 19, 2019
Sold by
Bessler Tom L and Bessler Denise H
Bought by
Rtx Properties Llc
Seller's Agent
Hannah Gibson
Brixton Realty
Buyer's Agent
Mary Finkle
Mainstreet REALTORS
List Price
$59,900
Sold Price
$41,500
Premium/Discount to List
-$18,400
-30.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.66%
Source: Public Records

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Range of Values:

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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
Army Vet Llc -- None Listed On Document
Rtx Properties Llc $41,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Army Vet Llc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $41,500 -29.5% $51 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
05/15/2019 05/15/19 Price Changed $58,900 -1.7% $72 / Sq Ft
01/02/2019 01/02/19 For Sale $59,900 -- $73 / 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 $1,282 $64,100 $11,100 $53,000
2023 $1,172 $58,600 $11,100 $47,500
2022 $1,046 $52,300 $11,100 $41,200
2021 $964 $48,200 $11,100 $37,100
2020 $918 $45,900 $11,100 $34,800
2019 $884 $44,200 $11,100 $33,100
2018 $818 $40,900 $11,100 $29,800
2017 $868 $43,400 $11,100 $32,300
2016 $844 $42,200 $11,100 $31,100
2014 $850 $42,500 $11,100 $31,400
2013 $828 $41,400 $11,100 $30,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201905132

Southern Indiana REALTORS® Association

APN: 88-24-17-224-008.000-022