NOT LISTED FOR SALE

701 N Water St Salem, IN 47167

Estimated Value: $131,000 - $176,000

2 Beds
1 Bath
1,024 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $125,000 $122 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $967/month

Highlights

  • Deck
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Covered Patio or Porch
  • Thermal Windows
  • Shed

About This Home

As of May 2021

ONE TIME LISTING. This completely renovated 2 bedroom with new metal roof, new thermopane windows, electrical, insulation, drywall, kitchen & bath, cabinetry & tops, flooring, window & base trim, plumbing & light fixtures, and back deck.

Last Agent to Sell the Property

Karen Hall

RE/MAX FIRST License #RB18000009 Listed on: 04/03/2021

RE/MAX FIRST

Last Buyer's Agent

Karen Hall

RE/MAX FIRST License #RB18000009 Listed on: 04/03/2021

RE/MAX FIRST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,118

Year Built

  • Built in 1908

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Cellar
  • Crawl Space

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 882417224108000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,118

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Improvements: 41500
  • Annual Tax: 1118
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Crawl Space
  • Home Warranty Provided: 2-10
  • Land Assessment: 12900
  • Legal Description: ALSPAUGH LOT 15
  • Out Buildings: Shed
  • Parcel Number: 882417224108000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 54400
  • Total Deduction Amnt: 38036
  • Total Finished Square Footage: 1024
  • Type: 1 Story
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Water Heater: Unknown
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1024.00
  • Appliances: Microwave, Range / Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Eat-In Kitchen
  • Lot Sq Ft: 10018.80
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 1024

Exterior Features

  • Exterior Features: Covered Porch, Deck, Thermopane Windows, Vinyl Siding
  • Home Warranty: Yes

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.2300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2021
Closed on
May 20, 2021
Sold by
Branch Investments Llc
Bought by
Frank Jason
Seller's Agent
Karen Hall
RE/MAX FIRST
Buyer's Agent
Karen Hall
RE/MAX FIRST
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$160,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,671
Avg. Annual Appreciation
5.87%
Original Mortgage
$112,500
Outstanding Balance
$101,953
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$58,718
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Frank Jason $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Jason $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2021 05/20/21 Sold $125,000 0.0% $122 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $125,000 -- $122 / 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 $1,376 $137,600 $12,900 $124,700
2023 $1,262 $126,200 $12,900 $113,300
2022 $1,131 $113,100 $12,900 $100,200
2021 $490 $57,500 $12,900 $44,600
2020 $1,118 $55,900 $12,900 $43,000
2019 $544 $54,400 $12,900 $41,500
2018 $514 $51,400 $12,900 $38,500
2017 $429 $51,600 $12,900 $38,700
2016 $346 $49,100 $12,900 $36,200
2014 $313 $48,700 $12,400 $36,300
2013 $337 $46,100 $12,900 $33,200
Source: Public Records

Agents Affiliated with this Home

  • Karen Hall

    Seller's Agent in 2021

    Karen Hall

    RE/MAX

    (502) 773-7566

    11 in this area

    100 Total Sales

    Karen Hall
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202106789

Southern Indiana REALTORS® Association

APN: 88-24-17-224-108.000-022

Indiana Washington County Salem 47167

701 N Water St, Salem, IN

This home is located at 701 N Water St, Salem, IN 47167 since 03 April 2021 and is currently estimated at $160,671, approximately $156 per square foot. This property was built in 1908. 701 N Water 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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