NOT LISTED FOR SALE

7564 E State Road 160 Salem, IN 47167

Estimated Value: $193,000 - $242,000

2 Beds
1 Bath
832 Sq Ft
$259/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $240,000 $288 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,283/month

190 Days on Market

Highlights

  • 11.89 Acre Lot
  • Creek On Lot
  • Attic
  • Deck
  • Park or Greenbelt View
  • Eat-In Kitchen

About This Home

As of September 2024

HORSE ENTHUSIASTS take note! This 12-acre mini farm consisting of 2 parcels is ready for you to enjoy! Lots of mature trees & wildlife! The 1st parcel has 2 barns-one measuring 40 x 12 with 3 stalls and one tack/storage room. The other is 20 x 12 with one stall and one tack/storage room. There is also a 28 x 32 concrete pad where an old barn once stood and a small chicken coop. Property is partially fenced for grazing. There is a small pond next to the treeline as well as a creek that runs through the woods. The second parcel includes utilities and a 12 x 12 storage shed; it was perc tested last year and approved. Each parcel has its own driveway. The house has 2 bedrooms, 1 full bath, living room and eat-in kitchen; refrigerator & range/oven remain. Porch with washer/dryer hookups. Newer windows. Unfinished walkout basement & a deck on the back perfect for relaxing and enjoying the view!

Last Listed By

Darlene Coleman

Schuler Bauer Real Estate Services ERA Powered (N License #RB14045838 Listed on: 02/08/2024

Schuler Bauer Real Estate Services ERA Powered  (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,385

Year Built

  • Built in 1936

Lot Details

  • 11.89 Acre Lot
  • Subdivision Possible
  • Property is zoned Agri/ Residential

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 832 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Park or Greenbelt Views
  • Attic
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Creek On Lot
  • Deck
  • Shed

Farming

  • Horse or Livestock Barn

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 882528000016000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,385

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Improvements: 69500
  • Additional Parking: Off Street
  • Additional Assessor Parcel Numbers: 88-25-28-000-016.003-004
  • Annual Tax: 1385
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 63600
  • Legal Description: 12-28-400-016.000-02 PT SE 28-2-5 8.87 ac 12-28-400-016.003-02 PT SE 28-2-5 3.02 ac
  • Out Buildings: Horse Barn, Shed, Other
  • Parcel Number: 882528000016000004
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 133100
  • Total Deduction Amnt: 55836
  • Total Finished Square Footage: 832
  • Type: 1 Story
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 832.00
  • Appliances: Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s), Eat-In Kitchen, Pantry, Attic
  • Lot Sq Ft: 517928.40
  • Room Count: 5
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 832
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Deck

Utilities

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

Lot Info

  • Acres: 11.8900
  • Lot Description: Creek, Divisible Lot, Park-Like View
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Sep 19, 2024
Sold by
Armstrong Thomas G
Bought by
Watts Chandler L
Seller's Agent
Darlene Coleman
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Megan Bostock-Christie
Lopp Real Estate Brokers
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%
Total Days on Market
190
Views
194
Current Estimated Value
$215,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,262
Avg. Annual Appreciation
-15.79%
Original Mortgage
$222,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2020
Sold by
Alonso Anglita M
Bought by
Armstrong Thomas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 31, 2013
Closed on
Mar 22, 2014
Sold by
Gross Diana and Gibson Diana
Bought by
Alonso Angelita M
Seller's Agent
Debbie Curtis
Mainstreet REALTORS
Buyer's Agent
Jeremy Ward
Ward Realty Services
List Price
$67,900
Sold Price
$66,000
Premium/Discount to List
-$1,900
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
Original Mortgage
$67,584
Interest Rate
4.34%
Mortgage Type
VA

Purchase Details

Closed on
Apr 19, 2011
Sold by
Us Bank Na
Bought by
Gibson Diana

Purchase Details

Closed on
Feb 22, 2011
Sold by
Kidd Jeffery D and Kidd Mary C
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 9, 2008
Sold by
Kidd Jeffery
Bought by
Kidd Mary C

Purchase Details

Closed on
Oct 31, 2007
Sold by
Stahl Samuel O
Bought by
Lee Andrea M

Purchase Details

Closed on
Jan 14, 2005
Sold by
Lowrance Alice C and Estate Of Clyde T Stahl Jr
Bought by
Kidd Jeffrey and Kidd Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
9.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Watts Chandler L -- Signature Title
Watts Chandler L $240,000 Signature Title
Armstrong Thomas G -- None Available
Alonso Angelita M -- Classic Title Inc
Gibson Diana -- None Available
Us Bank Na -- None Available
Kidd Mary C -- None Available
Lee Andrea M -- None Available
Kidd Jeffrey -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watts Chandler L $222,000
Previous Owner Armstrong Thomas G $106,400
Previous Owner Alonso Angelita M $67,584
Previous Owner Kidd Jeffrey $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $240,000 -7.7% $288 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $259,900 +8.3% $312 / Sq Ft
08/01/2024 08/01/24 Off Market $240,000 -- --
06/19/2024 06/19/24 Pending -- -- --
06/08/2024 06/08/24 Price Changed $259,900 -1.9% $312 / Sq Ft
02/08/2024 02/08/24 For Sale $265,000 +301.5% $319 / Sq Ft
03/24/2014 03/24/14 Sold $66,000 -2.8% $79 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
12/31/2013 12/31/13 For Sale $67,900 -- $82 / 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 $1,034 $121,900 $51,500 $70,400
2023 $1,110 $118,100 $51,500 $66,600
2022 $1,133 $114,600 $51,500 $63,100
2021 $1,123 $107,100 $51,500 $55,600
2020 $490 $94,900 $51,500 $43,400
2019 $473 $93,700 $51,500 $42,200
2018 $448 $92,000 $51,500 $40,500
2017 $427 $91,900 $51,500 $40,400
2016 $398 $86,900 $51,500 $35,400
2014 $386 $88,600 $51,500 $37,100
2013 -- $85,700 $51,500 $34,200
Source: Public Records

Agents Affiliated with this Home

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Source: Southern Indiana REALTORS® Association

MLS Number: 202405631

Southern Indiana REALTORS® Association

APN: 88-25-28-000-016.000-004