NOT LISTED FOR SALE

7022 N Kossuth Rd Salem, IN 47167

Estimated Value: $231,234 - $276,000

3 Beds
1 Bath
1,931 Sq Ft
$128/Sq Ft Est. Value

Last Sold November 07, 2014

Last sale price $120,000 $62 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,551/month

28 Days on Market

Highlights

  • Scenic Views
  • Wooded Lot
  • First Floor Utility Room
  • 46.63 Acre Lot
  • Main Floor Primary Bedroom
  • Formal Dining Room

About This Home

As of November 2014

Farm house with 3 BR, 1 BA on 46.63 acres; 22.5 tillable and 25 wooded! Home offers a place for a woodburning fireplace, galley style kitchen, & many country features! 13 x 14 smoke house, 14 x 22 utility shed. Gorgeous rural views! This property is eligible under the Freddie Mac First Look Initiative through 10/1/14. (20 days from initial MLS list date) Investor offers will be eligible for review and acceptance on 10/2/14. For the first 20 DOM, seller will only consider offers from owner occupant buyers, government entities and their partners. Investor offers will be considered after the first 20 DOM. Highest and best has been called. H&B offers are due by 10-3-14 at 5pm. Multiple Offer form must be signed & returned w/offer.

Last Agent to Sell the Property

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 09/10/2014

Last Buyer's Agent

Debbie Curtis

Mainstreet REALTORS License #RB14032127

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,805

Year Built

  • Built in 1942

Lot Details

  • 46.63 Acre Lot
  • Wooded Lot
  • Garden
  • Property is zoned Agriculture

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,931 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • First Floor Utility Room
  • Scenic Vista Views
  • Crawl Space
  • Partially Finished Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Propane
  • On Site Septic

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 883408000013000012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,805

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Improvements: 57200
  • Annual Tax: 1805
  • Appointment: Not Needed
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 53200
  • Legal Description: PT SW 8-3-4 46.63 AC
  • Lot Dimensions: 46.63 Acres
  • Numof Fireplaces: 1
  • Out Buildings: Shed
  • Parcel Number: 883408000013000012
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Timber Acreage: 25
  • Total: 110400
  • Total Finished Square Footage: 1931
  • Type: 1.5 Story
  • Year Built: 1942
  • Special Features: 20

Interior Features

  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 1931.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Finishable Attic, Formal Dining Rm
  • Lot Measurement: Acres
  • Lot Sq Ft: 2031203.00
  • Room Count: 9
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1931
  • Total Rooms: 8

Garage/Parking

  • Garage Spaces: 0

Utilities

  • Fuel Type: Lp Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 46.6300
  • Lot Description: Garden Area, Irrg, Scenic View, Wooded Lot
  • Tillable Acreage: 22.5
  • Zoning: Agriculture

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2014
Closed on
Nov 7, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Heightchew Steven W and Heightchew Elizabeth A
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
Debbie Curtis
Mainstreet REALTORS
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Total Days on Market
28
Current Estimated Value
$246,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,411
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
Aug 19, 2014
Sold by
Short Zebuliah R and Nationstar Mortgage Llc
Bought by
Federal Home Loan Mortgage Corporation and Freddie Mac

Purchase Details

Closed on
Nov 22, 2005
Sold by
Scherzinger Charlee A
Bought by
Short Zebuliah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2005
Sold by
Holstine Phillip E and Hazlett Linda Sue
Bought by
Short Zebuliah R and Scherzinger Charlee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.05%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Heightchew Steven W -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Short Zebuliah R -- None Available
Short Zebuliah R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heightchew Steven W $90,130
Previous Owner Short Zebuliah R $154,800
Previous Owner Short Zebuliah R $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2014 11/07/14 Sold $120,000 -7.6% $62 / Sq Ft
10/08/2014 10/08/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $129,900 -- $67 / 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 $2,094 $107,700 $57,800 $49,900
2023 $2,025 $101,100 $50,200 $50,900
2022 $1,747 $87,400 $42,200 $45,200
2021 $1,593 $78,700 $37,900 $40,800
2020 $1,981 $98,500 $37,700 $60,800
2019 $2,084 $104,100 $43,300 $60,800
2018 $2,045 $102,100 $44,400 $57,700
2017 $1,903 $106,800 $49,200 $57,600
2016 $1,765 $108,300 $51,400 $56,900
2014 $1,930 $110,400 $53,200 $57,200
2013 $1,806 $102,600 $47,700 $54,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201406474

Southern Indiana REALTORS® Association

APN: 88-34-08-000-013.000-012