NOT LISTED FOR SALE

621 E Rudder Rd Salem, IN 47167

Estimated Value: $218,000 - $296,652

3 Beds
1 Bath
2,082 Sq Ft
$125/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $175,000 $84 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,510/month

308 Days on Market

About This Home

As of September 2022

One owner custom built ranch style home located on the south edge of Salem. Close to town, but in the country, just off State Road 135 S. Home has 3 BRs, 1 bath, full basement and 3-car carport with attic above. Also, large family room featuring a custom stone fireplace with insert w/new carpet, office with closet and storage space, eat-in kitchen and formal living with built-in bookcase. The 2,082 sq. ft. home has Jackson County REMC electric heat, EW water, pantry and slate flooring in the hallway. Brand new electric box and hot water heater and bathroom vanity w/new plumbing. All on 3.3 acres. On the property is a workshop with two levels, attic area and separate office space with its own entrance, set up for propane gas heat (needs tank, but pad and hookups in place) and electric. Main floor is 24x55, lower level includes two car garage on one end, equaling approximately 2,200 sq. ft. Also has a storage shed

Last Agent to Sell the Property

Lana Hamilton

Day Company REALTORS Listed on: 10/01/2021

Last Buyer's Agent

Sherri Purkhiser

Day Company REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,780

Year Built

  • Built in 1966

Lot Details

  • 3.3 Acre Lot
  • Rural Setting
  • Irregular Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Bradie M Shrum Elementary School
  • Salem Middle School
  • Salem High School

Utilities

  • Window Unit Cooling System
  • Radiant Ceiling
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 88-24-32-000-011.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,780

Year Built

Built in 1966

Lot Details

3.3 Acres

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1966
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT SE 32-2-4 3.3 acres
  • Parcel Number ID: 88-24-32-000-011.000-021
  • Platted: Yes
  • Location: Rural
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3644
  • Total Finished Sq Ft: 2082
  • Above Grade Finished Sq Ft: 2082
  • Above Grade Unfinished Sq Ft: 1562
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Wood Burning Stove
  • Fireplace: Yes
  • Living Great Room: Dimensions: 21x13, On Level: Main
  • Kitchen: Dimensions: 14x13, On Level: Main
  • Family Room: Dimensions: 29x26, On Level: Main
  • Bedroom 1: Dimensions: 9x9, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Main
  • Bedroom 3: Dimensions: 13x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: Outbuilding, Dimensions: 24x55

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Window
  • Heating Fuel: Electric, Ceiling
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: Jackson Co REMC

Schools

  • Elementary School: Bradie M Shrum

Lot Info

  • Lot Description: Irregular, 3-5.9999
  • Lot Dimensions: 3.3 acres
  • Estimated Lot Sq Ft: 143748
  • Estimated Lot Size Acres: 3.3

Tax Info

  • Annual Taxes: 3780

MLS Schools

  • High School: Salem
  • Middle School: Salem
  • School District: Salem Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Sep 30, 2022
Sold by
Hamilton Lana L
Bought by
Bobo Matthew and Bobo Casandra L
Seller's Agent
Lana Hamilton
Day Company REALTORS
Buyer's Agent
Sherri Purkhiser
Day Company REALTORS
List Price
$299,900
Sold Price
$175,000
Premium/Discount to List
-$124,900
-41.65%
Current Estimated Value
$260,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,913
Avg. Annual Appreciation
12.54%
Original Mortgage
$175,757
Outstanding Balance
$168,672
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$92,241

Purchase Details

Listed on
Jun 30, 2021
Closed on
Oct 7, 2021
Sold by
Hamilton Lana
Bought by
Briscoe Daniel E and Briscoe Ladonna
Seller's Agent
Lana Hamilton
Day Company REALTORS
Buyer's Agent
Lana Hamilton
Day Company REALTORS
List Price
$10,000
Sold Price
$10,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1131.36%

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 11, 2021
Sold by
Hamilton Lana L
Bought by
Frakes Gilbert G and Frakes Robin A
Seller's Agent
Lana Hamilton
Day Company REALTORS
Buyer's Agent
Lana Hamilton
Day Company REALTORS
List Price
$10,000
Sold Price
$10,000

Purchase Details

Closed on
Feb 25, 2009
Sold by
Campbell Cobert L and Campbell Mary Ruth
Bought by
Hamilton Lana L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bobo Matthew -- --
Briscoe Daniel E -- None Available
Frakes Gilbert G -- None Available
Hamilton Lana L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bobo Matthew $175,757
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Sold $175,000 -12.5% $84 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $199,900 -20.0% $96 / Sq Ft
07/12/2022 07/12/22 Price Changed $249,900 -16.7% $120 / Sq Ft
04/01/2022 04/01/22 For Sale $299,900 +71.4% $144 / Sq Ft
04/01/2022 04/01/22 Off Market $175,000 -- --
03/04/2022 03/04/22 Price Changed $299,900 -14.3% $144 / Sq Ft
10/29/2021 10/29/21 Price Changed $349,900 -5.4% $168 / Sq Ft
10/01/2021 10/01/21 For Sale $369,900 +3599.0% $178 / Sq Ft
08/11/2021 08/11/21 Sold $10,000 0.0% $5 / Sq Ft View Prior Sale
07/01/2021 07/01/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $10,000 -- $5 / Sq Ft
Source: Indiana Regional MLS

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 $1,997 $205,300 $29,200 $176,100
2023 $2,062 $194,000 $29,200 $164,800
2022 $2,022 $188,800 $29,200 $159,600
2021 $5,617 $276,300 $44,000 $232,300
2020 $3,779 $256,600 $44,000 $212,600
2019 $3,464 $243,000 $44,000 $199,000
2018 $3,039 $216,100 $36,000 $180,100
2017 $2,684 $218,900 $36,000 $182,900
2016 $2,427 $224,100 $36,000 $188,100
2014 $2,628 $228,800 $36,000 $192,800
2013 $2,666 $223,800 $36,000 $187,800
Source: Public Records

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Map

Source: Indiana Regional MLS

MLS Number: 202141306

Indiana Regional MLS

APN: 88-24-32-000-011.000-021

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