NOT LISTED FOR SALE

7120 Old State 56 Salem, IN 47167

Estimated Value: $162,412 - $236,000

3 Beds
2 Baths
1,728 Sq Ft
$118/Sq Ft Est. Value

About This Home

This home is located at 7120 Old State 56, Salem, IN 47167 and is currently estimated at $203,353, approximately $117 per square foot. 7120 Old State 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2017
Sold by
Shawn Mccormick
Bought by
Katelyn Amos
Current Estimated Value
$203,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,909
Outstanding Balance
$77,039
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$123,658

Purchase Details

Closed on
Aug 7, 2011
Sold by
Bank Of New York Mellont Rust Company Na
Bought by
Mccormick Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,343
Interest Rate
4.09%
Mortgage Type
VA

Purchase Details

Closed on
Jun 21, 2011
Sold by
Collins Christina L and Collins Donald E
Bought by
The Bank Of New York Mellon Trust and The Bank Of New York Trust Co Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,343
Interest Rate
4.09%
Mortgage Type
VA
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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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
Katelyn Amos $90,000 --
Amos Katelyn $90,000 Trinity Title Group
Mccormick Shawn -- None Available
The Bank Of New York Mellon Trust $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amos Katelyn $90,909
Previous Owner Mccormick Shawn $73,343
Source: Public Records

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 $655 $102,300 $16,500 $85,800
2023 $599 $96,100 $16,500 $79,600
2022 $648 $99,700 $16,500 $83,200
2021 $560 $86,600 $16,500 $70,100
2020 $712 $94,600 $16,500 $78,100
2019 $751 $100,400 $16,500 $83,900
2018 $781 $102,300 $16,500 $85,800
2017 $667 $102,400 $16,500 $85,900
2016 $595 $103,700 $16,500 $87,200
2014 $435 $97,400 $16,500 $80,900
2013 $495 $103,700 $16,500 $87,200
Source: Public Records

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