$178,500
SOLD JUN 26, 2014

7343 E New Philadelphia Rd Salem, IN 47167

4 Beds
2 Baths
2,545 Sq Ft
2.66 Acres

Recently Sold

$70 Per Sq Ft

3% Below List Price

Highlights

  • Open Floorplan
  • River Nearby
  • Pole Barn
  • East Washington Elementary School Rated 9+
  • Creek On Lot
  • Main Floor Primary Bedroom

About This Home

As of May 2018

This gorgeous 4 bedroom, 2 bath, 1.5 story cape cod style home sitting on 2.66 private & secluded acres is exactly what you've been searching for! Enjoy the peaceful, country view from the cozy sunroom or from the large wrap-around porch. This nicely landscaped property includes a pole barn with additional carport & lean-to area that features additional living quarters. Bonus room upstairs features separate heating and cooling. Spacious open floor plan throughout & lots of kitchen cabinet space! This property is located just a few minutes from town. Call today!

Last Agent to Sell the Property

Mary Finkle

Mainstreet REALTORS License #RB14026176 Listed on: 04/11/2014

Last Buyer's Agent

Kelly Tillett

Green Tree Real Estate Services License #RB14051473

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 2005

Lot Details

  • 2.66 Acre Lot
  • Landscaped

Parking

  • 3 Car Detached Garage
  • Carport

Home Design

  • Poured Concrete
  • Modular or Manufactured Materials

Interior Spaces

  • 2,545 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Blinds
  • Bonus Room
  • Crawl Space
  • Home Security System
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Outdoor Features

  • River Nearby
  • Creek On Lot
  • Enclosed Patio or Porch
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 882509000026002004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,015

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Improvements: 125200
  • Annual Tax: 1015
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Modular
  • Deduction Type: Homestead Standard, Supplemental Homestd
  • Foundation: Poured Concrete
  • Land Assessment: 26600
  • Legal Description: PT SE SW 9-2-5 2.66AC
  • Lot Dimensions: 2.66 acres
  • Numof Fireplaces: 1
  • Out Buildings: Garage, Pole Barn
  • Parcel Number: 882509000026002004
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 151800
  • Total Finished Square Footage: 2545
  • Type: 1.5 Story
  • Year Built: 2005
  • Special Features: 20

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 2305.00
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Master, Bath Master, Blinds, Bonus Room, Breakfast Bar, Ceiling Fan(s), Garden Tub, Open Floor Plan, Pantry, Security System, Separate Shower(s), Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 115870.00
  • Room Count: 11
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2545
  • Total Rooms: 9

Exterior Features

  • Exterior Features: Covered Porch, Enclosed Porch, Landscaped, Thermopane Windows

Garage/Parking

  • Garage Type: Carport, Detached
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water: Creek
  • Water Type: Public Onsite

Schools

  • School District: East Washington

Lot Info

  • Acres: 2.6600
  • Lot Description: Adj River/Stream/Crk, Irrg
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
May 31, 2018
Sold by
Bussey Brooke N
Bought by
Cook Benjamin M
Seller's Agent
Laura Watkins
Watkins Real Estate Solutions
Buyer's Agent
Chris Thompson
Keller Williams Realty Consultants
List Price
$199,900
Sold Price
$199,900
Current Estimated Value
$331,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,932
Avg. Annual Appreciation
6.01%
Original Mortgage
$196,278
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 11, 2014
Closed on
Jun 26, 2014
Sold by
The New Washington State Bank
Bought by
Bussey Brooke N and Bussey Patrick R
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
Kelly Tillett
Green Tree Real Estate Services
List Price
$184,900
Sold Price
$178,500
Premium/Discount to List
-$6,400
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$175,266
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 2013
Sold by
In
Bought by
The New Washington State Bank

Purchase Details

Closed on
Jun 24, 2008
Sold by
Jjc Hunting Club Llc
Bought by
Carroll Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
6.42%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Deed $199,900 --
Warranty Deed $199,900 Agency Title Inc
Warranty Deed -- Executive Title Company
Sheriffs Deed $50,000 --
Sheriffs Deed $100,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,916 FHA
Closed $196,278 FHA
Previous Owner $175,266 FHA
Previous Owner $18,000 Future Advance Clause Open End Mortgage
Previous Owner $150,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $199,900 0.0% $80 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $199,900 +12.0% $80 / Sq Ft
06/26/2014 06/26/14 Sold $178,500 -3.5% $70 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $184,900 -- $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 $3,860 $218,600 $26,600 $192,000
2023 $3,886 $212,000 $26,600 $185,400
2022 $3,895 $202,000 $26,600 $175,400
2021 $1,908 $181,300 $26,600 $154,700
2020 $1,642 $166,200 $26,600 $139,600
2019 $1,573 $163,600 $26,600 $137,000
2018 $1,471 $159,400 $26,600 $132,800
2017 $1,333 $162,300 $26,600 $135,700
2016 $1,039 $146,400 $26,600 $119,800
2014 $1,093 $156,400 $26,600 $129,800
2013 $1,015 $151,800 $26,600 $125,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201402538

Southern Indiana REALTORS® Association

APN: 88-25-09-000-026.002-004