Estimated Value: $237,482 - $274,000
3
Beds
5
Baths
2,240
Sq Ft
$112/Sq Ft
Est. Value
About This Home
This home is located at 7348 E Old 56, Salem, IN 47167 and is currently estimated at $250,371, approximately $111 per square foot. 7348 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
Oct 22, 2007
Sold by
The Residential Fundign Co Llc
Bought by
Terrel Lester R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,350
Outstanding Balance
$47,999
Interest Rate
5.86%
Mortgage Type
New Conventional
Estimated Equity
$202,372
Purchase Details
Closed on
Mar 23, 2007
Sold by
Bowman Brenda L and Bowman Ernest T
Bought by
Residential Funding Company Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Terrel Lester R | -- | None Available | |
| Residential Funding Company Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Terrel Lester R | $78,350 |
Source: Public Records
Tax History Compared to Growth
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 | $367 | $124,500 | $20,000 | $104,500 |
| 2023 | $398 | $117,300 | $20,000 | $97,300 |
| 2022 | $334 | $122,400 | $20,000 | $102,400 |
| 2021 | $162 | $108,500 | $20,000 | $88,500 |
| 2020 | $249 | $109,900 | $20,000 | $89,900 |
| 2019 | $247 | $116,700 | $20,000 | $96,700 |
| 2018 | $544 | $121,000 | $20,000 | $101,000 |
| 2017 | $457 | $122,000 | $20,000 | $102,000 |
| 2016 | $446 | $122,100 | $20,000 | $102,100 |
| 2014 | $339 | $126,200 | $20,000 | $106,200 |
| 2013 | $335 | $124,100 | $20,000 | $104,100 |
Source: Public Records
Map
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