NOT LISTED FOR SALE

7187 E Old 56 Salem, IN 47167

Estimated Value: $187,000 - $208,000

-- Bed
1 Bath
1,014 Sq Ft
$190/Sq Ft Est. Value

About This Home

This home is located at 7187 E Old 56, Salem, IN 47167 and is currently estimated at $192,664, approximately $190 per square foot. 7187 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2011
Sold by
Willis Jeffrey L and Willis Ellen N
Bought by
Hall Michael S and Hall Tammy M
Current Estimated Value
$187,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,119
Outstanding Balance
$62,917
Interest Rate
4.92%
Mortgage Type
New Conventional
Estimated Equity
$136,645
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
Hall Michael S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Michael S $89,119
Previous Owner Shell Leonard $79,880
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 $455 $87,400 $12,300 $75,100
2023 $509 $86,400 $12,300 $74,100
2022 $546 $90,000 $12,300 $77,700
2021 $474 $75,500 $12,300 $63,200
2020 $526 $77,500 $12,300 $65,200
2019 $523 $81,800 $12,300 $69,500
2018 $547 $83,600 $12,300 $71,300
2017 $332 $75,900 $12,300 $63,600
2016 $280 $75,200 $12,300 $62,900
2014 $229 $77,200 $12,300 $64,900
2013 $215 $74,900 $12,300 $62,600
Source: Public Records

Map

Indiana Washington County Salem 47167

7187 E Old 56, Salem, IN

This home is located at 7187 E Old 56, Salem, IN 47167 and is currently estimated at $192,664, approximately $190 per square foot. 7187 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.

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