NOT LISTED FOR SALE

700 Old State Road 60 E Salem, IN 47167

Estimated Value: $199,000 - $268,000

3 Beds
2.5 Baths
1,998 Sq Ft
$115/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $77,500 $39 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $1,334/month

214 Days on Market

Highlights

  • 1.5 Acre Lot
  • Patio
  • Hot Water Heating System
  • 1 Car Attached Garage
  • Shed

About This Home

As of February 2014

You are going to like this home! 3 BED/2.5 BATH HOME W/FINISHED, PARTIAL, WALKOUT BASEMENT, LONG PAVED DRIVEWAY WITH PLENTY OF PARKING, LARGE FAMILY ROOM W/FIREPLACE AND 1-CAR ATTACHED GARAGE W/SPACIOUS WORK AREA ON 1.5 ACRES. Buyers should obtain a free prequalification letter from WFHM or an entity which is a joint venture with WFHM by working directly with a mortgage consultant or going online at www.wellsfargo.com

Last Agent to Sell the Property

Jennifer Jordan

Lighthouse Realty Group, Inc. License #RB14031558 Listed on: 07/18/2013

Last Buyer's Agent

Jeremy Ward

Ward Realty Services License #RB14035695

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,134

Year Built

  • Built in 1964

Lot Details

  • 1.5 Acre Lot

Parking

  • 1 Car Attached Garage

Home Design

  • 1,998 Sq Ft Home
  • Tri-Level Property
  • Frame Construction

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Patio
  • Shed

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 882417443020000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,134

Year Built

Built in 1964

Lot Details

1.5 Acres

Parking

1

Listing Details

  • Annual Tax: 1134
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Mortgage
  • Legal Description: PART OF PLOT 12 17-2-4 1.50 AC
  • Lot Dimensions: 1.50
  • Out Buildings: Shed
  • Parcel Number: 882417443020000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1998
  • Type: Tri Level
  • Year Built: 1964
  • Special Features: 20

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Partial, Walkout
  • Above Grade Finished Sq Ft: 1478.00
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Lot Measurement: Acres
  • Lot Sq Ft: 65340.00
  • Sewer Type: Sewer
  • Total Sq Ft: 1998

Exterior Features

  • Exterior Features: Patio

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Nat Gas
  • Heat Type: Hot Water
  • Water Type: Public Onsite

Lot Info

  • Acres: 1.5000
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2013
Closed on
Jan 22, 2014
Sold by
Wells Fargo Bank Na
Bought by
Acker Karen
Seller's Agent
Jennifer Jordan
Lighthouse Realty Group, Inc.
Buyer's Agent
Jeremy Ward
Ward Realty Services
List Price
$114,900
Sold Price
$77,500
Premium/Discount to List
-$37,400
-32.55%
Current Estimated Value
$230,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,902
Avg. Annual Appreciation
9.46%
Original Mortgage
$79,081
Outstanding Balance
$58,716
Interest Rate
4.35%
Mortgage Type
New Conventional
Estimated Equity
$171,686

Purchase Details

Closed on
Jun 18, 2013
Sold by
Claude C Combs Sheriff Of Washington County
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 19, 2011
Sold by
Zink Leon E and Zink Judith D
Bought by
Hutson Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,350
Interest Rate
4.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Acker Karen -- None Available
Wells Fargo Bank Na $80,800 --
Hutson Bruce E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acker Karen $79,081
Previous Owner Hutson Bruce E $124,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $77,500 -32.6% $39 / Sq Ft
02/17/2014 02/17/14 Pending -- -- --
07/18/2013 07/18/13 For Sale $114,900 -- $58 / Sq Ft
Source: Southern Indiana REALTORS® Association

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
2025 $1,614 $174,500 $24,200 $150,300
2024 $1,614 $155,900 $24,200 $131,700
2023 $1,650 $142,800 $24,200 $118,600
2022 $1,496 $128,000 $24,200 $103,800
2021 $1,383 $117,800 $24,200 $93,600
2020 $1,332 $112,800 $24,200 $88,600
2019 $1,286 $108,800 $24,200 $84,600
2018 $1,230 $101,000 $24,200 $76,800
2017 $1,327 $110,700 $24,200 $86,500
2016 $1,081 $103,300 $24,200 $79,100
2014 $1,090 $107,900 $21,100 $86,800
2013 $2,311 $110,400 $24,200 $86,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201304620

Southern Indiana REALTORS® Association

APN: 88-24-17-443-020.000-022

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