NOT LISTED FOR SALE

701 Elm St Salem, IN 47167

Estimated Value: $234,000 - $287,831

3 Beds
2 Baths
2,251 Sq Ft
$117/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $85,500 $38 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $1,576/month

Highlights

  • Second Kitchen
  • 2 Fireplaces
  • Den
  • 1.12 Acre Lot
  • Bonus Room
  • Covered Patio or Porch

About This Home

As of July 2012

Large home w/ many great features! 3BR,2BA, un-finished basement, 2 fireplaces, 2nd kitchen, fenced yard, covered patio & porch, paved drive. Property includes 1 car attached garage & 2 car det.garage! Owner Occupant Cert MUST be presented with O/O offers. First Look Initiative applies. For the first 15 days that property is listed, seller will consider offers from owner occupant buyers, government entities and their partners. After 15 days, seller will also consider offers from investor buyers. Home sold as-is.

Last Agent to Sell the Property

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 02/09/2012

Last Buyer's Agent

Jennifer Nichols

Lopp Real Estate Brokers License #RB14039959

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,748

Year Built

  • Built in 1965

Lot Details

  • 1.12 Acre Lot
  • Fenced Yard
  • Landscaped
  • Subdivision Possible

Parking

  • 3 Car Garage
  • Basement Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2,251 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Second Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 882421222010000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,748

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Improvements: 166200
  • Annual Tax: 1748
  • Appointment: Not Needed
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 8200
  • Legal Description: PT NW 21-2-4 1.12 AC
  • Lot Dimensions: 1.12 ac
  • Numof Fireplaces: 2
  • Out Buildings: Garage
  • Parcel Number: 882421222010000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 174400
  • Total Finished Square Footage: 2251
  • Type: 1 Story
  • Year Built: 1965
  • Special Features: 20

Interior Features

  • Water Heater: Natural Gas
  • Basement Type: Outside Entrance, Unfinished
  • Above Grade Finished Sq Ft: 2251.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Master, Bath Master, Blinds, Bonus Room, Built-In Bookcase, Ceiling Fan(s), Den/Office, Family Room, Formal Dining Rm, Foyer, Second Kitchen
  • Lot Measurement: Acres
  • Lot Sq Ft: 48787.00
  • Room Count: 8
  • Sewer Type: Sewer
  • Total Sq Ft: 2251
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Covered Patio, Fenced Yard, Landscaped, Paved Driveway

Garage/Parking

  • Garage Type: Attached, Basement, Detached
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Nat Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 1.1200
  • Lot Description: Divisible Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2012
Closed on
Jul 27, 2012
Sold by
Fannie Mae
Bought by
Hall Justin and Hall Autumn
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
Jennifer Nichols
Lopp Real Estate Brokers
List Price
$122,570
Sold Price
$85,500
Premium/Discount to List
-$37,070
-30.24%
Current Estimated Value
$263,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,458
Avg. Annual Appreciation
8.82%
Original Mortgage
$149,600
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 24, 2012
Sold by
Bank Of America N A
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Dec 19, 2011
Sold by
Wood John and Wood Thelma J
Bought by
Bank Of America N A

Purchase Details

Closed on
Dec 28, 2004
Sold by
Ponder Thelma J and Jones Thelma J
Bought by
Wood John and Wood Thelma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,384
Interest Rate
5.83%
Mortgage Type
Unknown
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
Hall Justin -- None Available
Fannie Mae -- None Available
Bank Of America N A -- None Available
Wood John -- Archer Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Justin $68,400
Previous Owner Wood John $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2012 07/27/12 Sold $85,500 -30.2% $38 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
02/09/2012 02/09/12 For Sale $122,570 -- $54 / 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 $2,126 $216,300 $20,000 $196,300
2023 $2,096 $170,000 $20,000 $150,000
2022 $1,468 $148,100 $20,000 $128,100
2021 $1,361 $137,400 $20,000 $117,400
2020 $1,294 $130,700 $20,000 $110,700
2019 $1,246 $125,900 $20,000 $105,900
2018 $1,191 $116,500 $20,000 $96,500
2017 $1,321 $129,500 $20,000 $109,500
2016 $1,231 $120,500 $20,000 $100,500
2014 $1,209 $123,700 $17,000 $106,700
2013 $1,137 $124,000 $20,000 $104,000
Source: Public Records

Agents Affiliated with this Home

  • Mary Finkle

    Seller's Agent in 2012

    Mary Finkle

    Mainstreet REALTORS

    (812) 883-9555

    121 in this area

    458 Total Sales

    Mary Finkle
    Section Image
  • Jennifer Nichols

    Buyer's Agent in 2012

    Jennifer Nichols

    Lopp Real Estate Brokers

    (812) 620-2895

    12 in this area

    48 Total Sales

    Jennifer Nichols
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201201026

Southern Indiana REALTORS® Association

APN: 88-24-21-222-010.000-022

Indiana Washington County Salem 47167

701 Elm St, Salem, IN

This home is located at 701 Elm St, Salem, IN 47167 since 09 February 2012 and is currently estimated at $263,958, approximately $117 per square foot. This property was built in 1965. 701 Elm 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.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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