$177,000
SOLD AUG 5, 2025

7217 E Old 56 Salem, IN 47167

3 Beds
1 Bath
1,498 Sq Ft
1.07 Acres

Recently Sold

$118 Per Sq Ft

7% Below List Price

43 Days on Market

Highlights

  • Near a National Forest
  • Wood Burning Stove
  • Main Floor Primary Bedroom
  • Deck
  • Wooded Lot
  • 1 Fireplace

About This Home

As of August 2025

BRING US AN OFFER! Minutes to Elk Creek Lake and Trailhead! Come check out this beautiful home and make it yours today! Beautiful wrap around porch to sit and watch the wildlife! 3bd/1ba home, could use 3rd bedroom in basement as a family room off of the 2-car basement garage. Adjoins to over 1000 acres of Hoosier Forestry (south side of back yard)! Roof replaced in last 8 years, kitchen appliances new in last 4-5 years, all new windows 2021, newer Window AC Units, and many other recent updates! Come check it out! Inspections are welcomed, but property sold as-is. Seller related to list agent

Last Agent to Sell the Property

Gayle Krieger

Mainstreet REALTORS License #RB18000730 Listed on: 03/25/2025

Last Buyer's Agent

Dava O'Brien

RE/MAX Ability Plus License #RB14040302

RE/MAX Ability Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $574

Year Built

  • Built in 1985

Lot Details

  • 1.07 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Rear-Facing Garage
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,498 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Family Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • On Site Septic

Community Details

  • Near a National Forest

Listing and Financial Details

  • Assessor Parcel Number 883533000009002005

Home Details

Home Type

Single Family

Est. Annual Taxes

$574

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 574
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Legal Description: PT SW 33-3-5 1.07 AC.
  • Numof Fireplaces: 1
  • Out Buildings: Other
  • Parcel Number: 883533000009002005
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 1498
  • Type: 1.5 Story
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Partially Finished
  • Above Grade Finished Sq Ft: 1014.00
  • Appliances: Dishwasher, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Fireplace: Wood Stove
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Eat-In Kitchen, Family Room, Kitchen Island, Split Bedrooms
  • Lot Sq Ft: 46609.20
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1498

Exterior Features

  • Exterior Features: Covered Porch, Deck

Garage/Parking

  • Garage Type: Basement, Rear Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Electric
  • Heat Type: Baseboard
  • Water Type: Public Onsite

Lot Info

  • Acres: 1.0700
  • Lot Description: Adjacent Nat Forest, Wooded Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2025
Closed on
Aug 5, 2025
Sold by
Hall Michael S and Hall Tammy M
Bought by
Hamilton Steven A and Hamilton Ashley N
Seller's Agent
Gayle Krieger
Mainstreet REALTORS
Buyer's Agent
Dava O'Brien
RE/MAX Ability Plus
List Price
$189,900
Sold Price
$177,000
Premium/Discount to List
-$12,900
-6.79%
Views
101
Current Estimated Value
$195,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,665
Avg. Annual Appreciation
24.35%
Original Mortgage
$180,808
Outstanding Balance
$180,653
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$15,012

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

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
Interest Rate
4.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,808 New Conventional
Previous Owner $89,119 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2025 08/05/25 Sold $177,000 -6.8% $118 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
03/25/2025 03/25/25 For Sale $189,900 -- $127 / 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 $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

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202506773

Southern Indiana REALTORS® Association

APN: 88-35-33-000-009.002-005