NOT LISTED FOR SALE

7823 W County Road 550 N North Salem, IN 46165

Estimated Value: $427,000 - $541,000

3 Beds
2 Baths
2,662 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $263,000 $99 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,923/month

49 Days on Market

Highlights

  • Covered Patio or Porch
  • Utility Room
  • High Speed Internet
  • North Salem Elementary School Rated A-

About This Home

As of April 2013

How about this setting 1.25 ac lake on east side & Big Walnut Creek on west side.Open flr pln w/backwoods charm log home.Upper flr Master looks out over creek,Office looks out over lake.All this on 9.5 ac, and lots of wild life.Outbuilding could be In-law quarters and south outbuilding for storage.Lake has nice fish as well as creek. New roof in 2009.

Last Agent to Sell the Property

Matthew Reffeitt

Keller Williams Indy Metro S License #RB14016509 Listed on: 01/10/2013

Keller Williams Indy Metro S

Co-Listed By

Howard Inabnitt

Keller Williams Indy Metro W

Last Buyer's Agent

Howard Inabnitt

Keller Williams Indy Metro W

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,356

Year Built

  • 1998

Lot Details

  • 10

Utilities

  • Heating System Uses Propane
  • High Speed Internet

Additional Features

  • Utility Room
  • Covered Patio or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,356

Year Built

1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Architectural Style: Log
  • Directions: I-74 west to 136 west to SR75 turn south on N Salem turn west on 236 to first road, turn on south 725W road curves back west and becomes 550N, property on south side.
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: NO SUBDIVISION
  • Special Features: None
  • Year Built: 1998

Interior Features

  • Appliances: Gas Oven, Refrigerator
  • Fireplace Features: Living Room, Other
  • Areas Interior: Utility Room
  • Eating Area: Kitchen Country,Walk In Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2662
  • Main Level Sq Ft: 1331
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1331
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Other Equipment: Satellite Dish Rented, Smoke Detector

Exterior Features

  • Exterior Features: Barn Mini, Driveway Gravel, Storage
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch
  • Construction Type: Wood
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: None

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, See Remarks
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail
  • Water Heater: Electric
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Acres: 5-10 Acres
  • Lot Information: Pond,Tree Mature,Water Access,Wooded
  • Lot Number: 0
  • Lot Size: 9.5

Tax Info

  • Semi Annual Property Tax Amt: 1178
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Tax Annual Amount: 2356
  • Tax Year: 2012

MLS Schools

  • School District: North West Hendricks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2013
Closed on
Apr 19, 2013
Sold by
Jackson Living Trust
Bought by
Mcclughen Brent
Seller's Agent
Matthew Reffeitt
Keller Williams Indy Metro S
Buyer's Agent
Howard Inabnitt
Keller Williams Indy Metro W
List Price
$263,000
Sold Price
$263,000
Current Estimated Value
$479,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,066
Avg. Annual Appreciation
5.77%
Original Mortgage
$249,850
Outstanding Balance
$180,979
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$344,126

Purchase Details

Closed on
Sep 14, 2007
Sold by
Burden Dawn M
Bought by
Jackson Lloyd C and Jackson Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Mcclughen Brent -- --
Jackson Lloyd C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclughen Brent $30,000
Open Mcclughen Brent $249,850
Previous Owner Jackson Lloyd C $125,000
Previous Owner Jackson Lloyd C $225,000
Previous Owner Burden Dawn M $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $263,000 0.0% $99 / Sq Ft
03/01/2013 03/01/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $263,000 -- $99 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $3,597 $381,800 $145,100 $236,700
2023 $4,033 $383,000 $145,100 $237,900
2022 $4,755 $378,900 $143,600 $235,300
2021 $4,560 $352,400 $143,600 $208,800
2020 $4,511 $334,300 $143,600 $190,700
2019 $3,213 $256,900 $80,500 $176,400
2018 $3,209 $255,700 $80,500 $175,200
2017 $2,796 $229,500 $72,100 $157,400
2016 $2,864 $232,100 $72,200 $159,900
2014 $2,891 $219,300 $67,400 $151,900
Source: Public Records

Agents Affiliated with this Home

  • Matthew Reffeitt

    Seller's Agent in 2013

    Matthew Reffeitt

    Keller Williams Indy Metro S

    (317) 590-8520

    519 Total Sales

    Section Image

  • H

    Seller Co-Listing Agent in 2013

    Howard Inabnitt

    Keller Williams Indy Metro W

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21210691

MIBOR Broker Listing Cooperative®

APN: 32-05-08-300-001.000-007

Indiana Hendricks County North Salem 46165

7823 W County Road 550 N, North Salem, IN

This home is located at 7823 W County Road 550 N, North Salem, IN 46165 since 10 January 2013 and is currently estimated at $479,066, approximately $179 per square foot. This property was built in 1998. 7823 W County Road 550 N is a home located in Hendricks County with nearby schools including North Salem Elementary School, Tri-West Middle School, and Tri-West Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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