NOT LISTED FOR SALE

7131 E Old 56 Salem, IN 47167

Estimated Value: $237,000 - $274,000

4 Beds
2.5 Baths
2,184 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 17, 2015

Last sale price $144,000 $66 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,433/month

47 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Fenced Yard
  • Secluded Lot
  • Pole Barn
  • 5 Car Garage

About This Home

As of December 2015

PRIVATE SETTING with a LOCATION within minutes of I-65. This 4 BR, 2.5 BA home has a huge living room with a rock hearth for the wood stove. Chain linked back yard and beautiful landscaping. The 40 x 60 POLEBARN has 200 amp elec., availability of water, totally insulated with options galore!! You won't find property like this everyday - call Lori for a showing at 812-620-0392.

Last Agent to Sell the Property

Lori Gilstrap

The Day Company REALTORS License #RB14047190 Listed on: 09/03/2015

Last Buyer's Agent

Sandee Owens

Schuler Bauer Real Estate Services ERA Powered (N License #RB14040713

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,298

Year Built

  • Built in 1985

Lot Details

  • 4.74 Acre Lot
  • Fenced Yard
  • Landscaped
  • Secluded Lot
  • Wooded Lot
  • Garden
  • Property is zoned Agri/ Residential

Parking

  • 5 Car Garage
  • Driveway

Home Design

  • Slab Foundation
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Storage

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Radiant Heating System
  • Electric Water Heater
  • On Site Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 883533000009006005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,298

Year Built

Built in 1985

Lot Details

0

Parking

5

Listing Details

  • Improvements: 128000
  • Additional Assessor Parcel Numbers: 88-35-33-000-009.007-005
  • Annual Tax: 2298
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Slab
  • Land Assessment: 27000
  • Legal Description: 09-33-300-009.006-03 SW SW 33-3-5 2.18A & 09-33-300-009.007-03 SW SW 33-3-5 2.564A Tr 2 & 3 Woodruff
  • Lot Dimensions: 4.74 Acres
  • Numof Fireplaces: 0
  • Out Buildings: Adds, Pole Barn
  • Parcel Number: 883533000009006005
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 155000
  • Total Finished Square Footage: 2184
  • Type: 2 Story
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1092.00
  • Appliances: Clothes Dryer, Clothes Washer, Range / Oven, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Interior Amenities: Added Storage, Bath 1/2 Master, Breakfast Bar, Cable Wired, Ceiling Fan(s), Eat-In Kitchen, Family Room, Foyer, Garden Tub, Kitchen Island, Natural Wood Trim, Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 206474.00
  • Room Count: 11
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2184
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Deck, Fenced Yard, Landscaped, Screens, Solid Surface Drive

Garage/Parking

  • Garage Type: Attached, Detached, Pole Barn
  • Garage Spaces: 5
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric, Wood
  • Heat Type: Forced Air, Radiant
  • Water Type: Public Onsite

Schools

  • School District: East Washington

Lot Info

  • Acres: 4.7400
  • Lot Description: Garden Area, Secluded Lot, Wooded Lot
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2022
Sold by
Shawn Albertson Kenny and Shawn Michelle
Bought by
Albertson Kenny Shawn
Current Estimated Value
$249,439

Purchase Details

Closed on
Jul 28, 2017
Sold by
Brown Bradley T
Bought by
Shawn Albertson Kenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 3, 2015
Closed on
Dec 17, 2015
Sold by
Wynn Charles M and Wynn Crissy L
Bought by
Brown Bradley T and Campbell Erica J
Seller's Agent
Lori Gilstrap
The Day Company REALTORS
Buyer's Agent
Sandee Owens
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$159,000
Sold Price
$144,000
Premium/Discount to List
-$15,000
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$148,071
Interest Rate
3.96%
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
Albertson Kenny Shawn -- None Listed On Document
Shawn Albertson Kenny $160,000 --
Albertson Kenny Shawn $160,000 Legacy Title Company
Brown Bradley T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alberteon Kenny Shawn $151,210
Previous Owner Albertson Kenny Shawn $33,000
Previous Owner Albertson Kenny Shawn $155,200
Previous Owner Brown Bradley T $148,071
Previous Owner Wynn Charles M $150,702
Previous Owner Wynn Charles M $155,120
Previous Owner Wynn Charles M $152,000
Previous Owner Wynn Charles $50,000
Previous Owner Wynn Charles M $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2015 12/17/15 Sold $144,000 -9.4% $66 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $159,000 -- $73 / 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 $884 $122,100 $16,700 $105,400
2023 $868 $119,500 $16,700 $102,800
2022 $939 $123,700 $16,700 $107,000
2021 $808 $104,300 $16,700 $87,600
2020 $907 $108,600 $16,700 $91,900
2019 $1,045 $122,600 $16,700 $105,900
2018 $1,078 $124,600 $16,700 $107,900
2017 $917 $125,100 $16,700 $108,400
2016 $784 $124,100 $16,700 $107,400
2014 $2,127 $128,000 $16,700 $111,300
2013 $2,100 $122,100 $16,700 $105,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201506358

Southern Indiana REALTORS® Association

APN: 88-35-33-000-009.006-005