NOT LISTED FOR SALE

700 Fair St Salem, IN 47167

Estimated Value: $276,000 - $378,772

6 Beds
3 Baths
3,451 Sq Ft
$96/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $347,500 $101 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,968/month

2 Days on Market

Highlights

  • RV Parking in Community
  • 2.25 Acre Lot
  • Ranch Style House
  • Primary Bedroom Suite
  • Dining Room with Fireplace
  • Partially Wooded Lot

About This Home

As of January 2022

HIGH QUALITY CUSTOM DESIGNED HOME ON ONE OF THE HIGHEST POINTS IN THE CITY!! This ranch home has 3450 finished living area, 5 bedrooms, 3 full baths, & 2 fireplaces. All new flooring, remodeled ceramic baths, extra large basement finished with ALL NEW CUSTOM KITCHEN and perfect theatre room for entertaining. The 2.25 acres will have you watching the sunset every evening from the balcony outside the master suite. Home features a 2 car attached carport, a 2 car heated detached garage & paved circular drive. This home is like none other. Schedule today.

Last Agent to Sell the Property

Sherri Purkhiser

Day Company REALTORS Listed on: 11/15/2021

Last Buyer's Agent

Sandra White

Day Company REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,151

Year Built

  • Built in 1964

Lot Details

  • 2.25 Acre Lot
  • Aluminum or Metal Fence
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Additional Features

  • Balcony
  • Suburban Location

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 88-24-20-111-091.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,151

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1964
  • Age: 57
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT NE 20-2-4 2.25 Ac.
  • Parcel Number ID: 88-24-20-111-091.000-022
  • Platted: Yes
  • Amenities: Balcony, Ceiling Fan(s), RV Parking, Main Level Bedroom Suite
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 96.55
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4700
  • Total Finished Sq Ft: 3451
  • Above Grade Finished Sq Ft: 2350
  • Below Grade Finished Sq Ft: 1101
  • Below Grade Sq Ft: 1249
  • Price Per Sq Ft: 147.87
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Partially Finished, Unfinished
  • Basement Material: Block
  • Number Of Fireplaces: 2
  • Fireplace: Dining Rm, Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 14x19, On Level: Main
  • Kitchen: Dimensions: 12x10, On Level: Main
  • Dining Room: Dimensions: 11x11, On Level: Main
  • Family Room: Dimensions: 19x13, On Level: Main
  • Bedroom 1: Dimensions: 13x17, On Level: Main
  • Bedroom 2: Dimensions: 11x14, On Level: Main
  • Bedroom 3: Dimensions: 12x14, On Level: Main
  • Bedroom 4: Dimensions: 11x14, On Level: Main
  • Bedroom 5: Dimensions: 11x12, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 2350

Exterior Features

  • Exterior: Stone, Wood
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Metal

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x30
  • Garage Sq Ft: 720
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Midwest Natural Gas Corp

Schools

  • School District: Salem Community Schools
  • Elementary School: Bradie M Shrum
  • Middle School: Salem
  • High School: Salem
  • Elementary School: Bradie M Shrum

Lot Info

  • Lot Description: Partially Wooded, Rolling
  • Lot Dimensions: 2.25
  • Estimated Lot Sq Ft: 98010
  • Estimated Lot Size Acres: 2.25

Tax Info

  • Annual Taxes: 2151
  • Exemptions: Homestead, Mortgage, Supplemental

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
Nov 15, 2021
Closed on
Jan 3, 2022
Sold by
Vermillion Eric and Cheatham Kristy
Bought by
Sanders Kristy D
Seller's Agent
Sherri Purkhiser
Day Company REALTORS
Buyer's Agent
Sandra White
Day Company REALTORS
List Price
$359,900
Sold Price
$347,500
Premium/Discount to List
-$12,400
-3.45%
Current Estimated Value
$329,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,557
Avg. Annual Appreciation
-1.39%
Original Mortgage
$276,000
Outstanding Balance
$254,402
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$75,541

Purchase Details

Listed on
Jun 26, 2017
Closed on
Dec 1, 2017
Sold by
Dougherty Lana Kathyryn and Naugle Gina Louise
Bought by
Vermillion Eric A and Cheatham Kristy L
Seller's Agent
Ervin Day
The Day Company REALTORS
Buyer's Agent
Sherri Purkhiser
The Day Company REALTORS
List Price
$174,900
Sold Price
$161,000
Premium/Discount to List
-$13,900
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.70%
Original Mortgage
$152,950
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Sanders Kristy D -- Maudlin Lewis
Vermillion Eric A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Kristy D $276,000
Previous Owner Cheatham Kristy L $147,816
Previous Owner Vermillion Eric A $152,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $347,500 -3.4% $101 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $359,900 +123.5% $104 / Sq Ft
12/01/2017 12/01/17 Sold $161,000 -7.9% $47 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $174,900 -- $51 / Sq Ft
Source: Indiana Regional MLS

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 $2,536 $239,000 $31,700 $207,300
2023 $2,633 $215,700 $31,700 $184,000
2022 $2,434 $193,800 $31,700 $162,100
2021 $2,214 $176,200 $31,700 $144,500
2020 $2,130 $167,800 $31,700 $136,100
2019 $2,070 $161,800 $31,700 $130,100
2018 $1,948 $149,800 $31,700 $118,100
2017 $2,522 $174,800 $31,700 $143,100
2016 $2,410 $164,000 $31,700 $132,300
2014 $2,430 $169,200 $28,600 $140,600
2013 $2,405 $168,500 $31,700 $136,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sherri Purkhiser

    Day Company REALTORS

    Section Image

  • S

    Buyer's Agent in 2022

    Sandra White

    Day Company REALTORS

    Section Image

  • E

    Seller's Agent in 2017

    Ervin Day

    The Day Company REALTORS

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202148190

Indiana Regional MLS

APN: 88-24-20-111-091.000-022

Indiana Washington County Salem 47167

700 Fair St, Salem, IN

This home is located at 700 Fair St, Salem, IN 47167 since 15 November 2021 and is currently estimated at $329,943, approximately $95 per square foot. This property was built in 1964. 700 Fair St 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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