NOT LISTED FOR SALE

7098 E Old 56 Salem, IN 47167

Estimated Value: $107,113 - $172,000

3 Beds
2 Baths
1,152 Sq Ft
$124/Sq Ft Est. Value

Sale Details

Date Sold: December 2, 2015

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

Est. 139% increase in value since last sale

Current estimated payment $801 / mo

249 Days on Market

Highlights

  • Primary Bedroom Suite
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Covered Patio or Porch

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. Located just minutes off of Hwy 56 and 15 minutes to I-65.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1975

Lot Details

  • 1.91 Acre Lot
  • Irregular Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Schools

  • Bradie M Shrum Elementary School
  • Salem Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 883633000010000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,169

Year Built

Built in 1975

Lot Details

1.91 Acres

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1975
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SH NW & NH 33-3-5 1.91 AC. |
  • Parcel Number ID: 883633000010000005
  • Platted: Yes
  • Amenities: Deck Open, Porch Covered, Main Level Bedroom Suite, Main Floor Laundry
  • Road Surface: Paved
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1152
  • Total Finished Sq Ft: 1152
  • Above Grade Finished Sq Ft: 1152
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Living Great Room: Dimensions: 11x20, On Level: Main
  • Kitchen: Dimensions: 10x15, On Level: Main
  • Dining Room: On Level: N/A
  • Family Room: On Level: N/A
  • Bedroom 1: Dimensions: 11x12, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Bedroom 4: On Level: N/A
  • Other Room1: On Level: N/A
  • Other Room 2: On Level: N/A
  • Other Room 3: On Level: N/A

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Public

Condo/Co-op/Association

  • Other Fee Description: 15054

Schools

  • Elementary School: Bradie M Shrum

Lot Info

  • Lot Description: Irregular
  • Estimated Lot Sq Ft: 83200
  • Estimated Lot Size Acres: 1.91

Tax Info

  • Annual Taxes: 1169

MLS Schools

  • High School: Salem
  • Middle School: Salem
  • School District: Salem Community Schools

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
List Price
$74,900
Sold Price
$59,900
Premium/Discount to List
-$15,000
-20.03%
Current Estimated Value
$143,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,378
Avg. Annual Appreciation
8.67%
Original Mortgage
$58,814
Outstanding Balance
$48,322
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$94,956

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Coleman James A -- None Available
Eichert David C -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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: Indiana Regional MLS

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 $313 $60,800 $15,600 $45,200
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

Map

Source: Indiana Regional MLS

MLS Number: 25616

Indiana Regional MLS

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

Your Personal Tour Guide

Ask me questions while you tour the home.