NOT LISTED FOR SALE

7098 E Old 56 Salem, IN 47167

Estimated Value: $123,038 - $165,000

3 Beds
2 Baths
1,152 Sq Ft
$129/Sq Ft Est. Value

Last Sold December 02, 2015

Last sale price $59,900 $52 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $818/month

Highlights

  • Deck
  • First Floor Utility Room
  • Garden
  • Covered Patio or Porch
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of December 2015

Motivated Seller!! Make offer!! Country living!! Remodeled stick built home with 3 BR, 2 Ba, on close to 2 Acres. Nice covered front porch and a back deck are great features. This home had new central air and heating system installed in 2011, hot water heater new in 2005. New wood flooring in 2014, plumbing and toilets were replaced in 2008. Newer appliances stay with home. Wooded back yard for lots of shade. Quonset hut 28 x 68 building also included. Peach and apple tree. Located just minutes off of Hwy 56 and 15 minutes to I-65.

Last Agent to Sell the Property

Debbie Curtis

Mainstreet REALTORS License #RB14032127 Listed on: 02/12/2015

Last Buyer's Agent

Debbie Curtis

Mainstreet REALTORS License #RB14032127 Listed on: 02/12/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1975

Lot Details

  • 1.91 Acre Lot
  • Garden

Home Design

  • Frame Construction

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 883533000010000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,169

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Improvements: 52400
  • Annual Tax: 1169
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Crawl Space
  • Irregular Dimensions Yn: Yes
  • Land Assessment: 15600
  • Legal Description: SEC:33 DIST:0005 CITY/MUNI/TWP:JACKSON TOWNSHIP SH NW & NH 33-3-5 1.91 AC. MAP REF:MP 3
  • Lot Dimensions: 1.91
  • Out Buildings: Adds
  • Parcel Number: 883533000010000005
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 68000
  • Total Finished Square Footage: 1152
  • Type: 1 Story
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Water Heater: Natural Gas
  • Above Grade Finished Sq Ft: 1152.00
  • Appliances: Dishwasher, Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility
  • Lot Measurement: Acres
  • Lot Sq Ft: 83200.00
  • Room Count: 5
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1152
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Porch, Deck

Garage/Parking

  • Garage Spaces: 0

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: 1.9100
  • Lot Description: Garden Area
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2015
Closed on
Dec 1, 2015
Sold by
Eichert Davic C
Bought by
Coleman James A and Coleman Malorie D
Seller's Agent
Debbie Curtis
Mainstreet REALTORS
Buyer's Agent
Debbie Curtis
Mainstreet REALTORS
List Price
$74,900
Sold Price
$59,900
Premium/Discount to List
-$15,000
-20.03%
Current Estimated Value
$148,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,860
Avg. Annual Appreciation
9.67%
Original Mortgage
$58,814
Outstanding Balance
$48,877
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$99,883

Purchase Details

Closed on
Jan 14, 2005
Sold by
Wall Darren and Wall Kimberly
Bought by
Eichert David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,120
Interest Rate
5.83%
Mortgage Type
New Conventional
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
Coleman James A -- None Available
Eichert David C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman James A $58,814
Previous Owner Eichert David C $63,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2015 12/02/15 Sold $59,900 -20.0% $52 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $74,900 -- $65 / 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 $313 $57,300 $15,600 $41,700
2023 $308 $54,900 $15,600 $39,300
2022 $270 $56,400 $15,600 $40,800
2021 $580 $63,500 $15,600 $47,900
2020 $616 $66,200 $15,600 $50,600
2019 $595 $68,400 $15,600 $52,800
2018 $599 $68,900 $15,600 $53,300
2017 $565 $70,000 $15,600 $54,400
2016 $525 $69,500 $15,600 $53,900
2014 $1,195 $71,900 $15,600 $56,300
2013 $1,170 $68,000 $15,600 $52,400
Source: Public Records

Agents Affiliated with this Home

  • Debbie Curtis

    Seller's Agent in 2015

    Debbie Curtis

    Mainstreet REALTORS

    (812) 620-2443

    140 Total Sales

    Debbie Curtis
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201500755

Southern Indiana REALTORS® Association

APN: 88-35-33-000-010.000-005

Indiana Washington County Salem 47167

7098 E Old 56, Salem, IN

This home is located at 7098 E Old 56, Salem, IN 47167 since 12 February 2015 and is currently estimated at $148,760, approximately $129 per square foot. This property was built in 1975. 7098 E Old 56 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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