NOT LISTED FOR SALE

7883 W Lost River Rd Salem, IN 47167

Estimated Value: $214,000 - $330,000

3 Beds
2.5 Baths
2,125 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $260,000 $122 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,721/month

1 Day on Market

Highlights

  • Barn
  • Scenic Views
  • Bonus Room
  • West Washington Elementary School Rated 9+
  • Secluded Lot
  • Covered Patio or Porch

About This Home

As of May 2021

Rare opportunity alert!!!! Spacious home located on a sprawling 2.75 acre lot just minutes from town. This amazing brick home includes 3 spacious levels along with a basement. The top level has 2 full bathrooms and 3 great sized bedrooms. The Main level has a beautiful entry way with hardwood floor, a large living room with Fireplace, a huge Dining area and the Kitchen fully equipped with Stainless Steel appliance, Breakfast bar and Nook. The lower level leaves nothing to desire with a huge family room and additional bathroom. The large Basement is perfect for gaming, storage, or just about anything! You have to see this picturesque lot to truly understand its beauty! Home has an attached garage, large carport and gorgeous barn!!!! Wooden playset and trampoline remain with home. Call/text today!

Last Agent to Sell the Property

Tina Browning

Green Tree Real Estate Services License #RB14049944 Listed on: 04/29/2021

Last Buyer's Agent

Peggy Hoke

Trinkle Group Real Est License #RB14052004

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1969

Lot Details

  • 2.75 Acre Lot
  • Landscaped
  • Secluded Lot

Parking

  • 2 Car Attached Garage
  • Carport
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Quad-Level Property
  • Poured Concrete
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 2,125 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Window Screens
  • Family Room
  • Formal Dining Room
  • Bonus Room
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 882307000003000020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,096

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Improvements: 117900
  • Additional Parking: Off Street
  • Annual Tax: 1096
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 19000
  • Legal Description: PT NW 7-2-3 2.75 AC.
  • Numof Fireplaces: 1
  • Out Buildings: Barn(s)
  • Parcel Number: 882307000003000020
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 136900
  • Total Deduction Amnt: 70960
  • Total Finished Square Footage: 2125
  • Type: Quad Level
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Unfinished
  • Above Grade Finished Sq Ft: 2125.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Fireplace: Gas Burning
  • Interior Amenities: Bath Master, Bonus Room, Ceiling Fan(s), Family Room, Formal Dining Rm, Natural Wood Trim
  • Lot Sq Ft: 119790.00
  • Room Count: 11
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2125
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Covered Porch, Landscaped, Screens

Garage/Parking

  • Garage Type: Attached, Carport, Front Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water: Well
  • Water Type: Well

Lot Info

  • Acres: 2.7500
  • Lot Description: Park-Like View, Scenic View, Secluded Lot
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
May 20, 2021
Sold by
Bowsman Beth
Bought by
Meredith Nadine M and Meredith Tony R
Seller's Agent
Tina Browning
Green Tree Real Estate Services
Buyer's Agent
Peggy Hoke
Trinkle Group Real Est
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Current Estimated Value
$294,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,841
Avg. Annual Appreciation
6.27%

Purchase Details

Closed on
Dec 14, 2006
Sold by
Rosenbaum Brian and Rosenbaum Mary Beth
Bought by
Bowsman Phillip M and Bowsman Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.33%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Meredith Nadine M $260,000 None Available
Bowsman Phillip M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowsman Phillip M $15,000
Previous Owner Bowsman Phillip M $135,542
Previous Owner Bowsman Phillip M $134,004
Previous Owner Bowsman Phillip M $111,000
Previous Owner Rosenbaum Brian J $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $260,000 +4.0% $122 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $250,000 -- $118 / 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 $1,378 $171,100 $19,000 $152,100
2023 $1,441 $174,900 $19,000 $155,900
2022 $1,570 $170,000 $19,000 $151,000
2021 $1,151 $122,500 $19,000 $103,500
2020 $1,096 $122,600 $19,000 $103,600
2019 $1,239 $136,900 $19,000 $117,900
2018 $1,078 $131,300 $19,000 $112,300
2017 $867 $127,500 $19,000 $108,500
2016 $753 $127,100 $19,000 $108,100
2014 $732 $124,900 $19,000 $105,900
2013 $868 $138,200 $19,000 $119,200
Source: Public Records

Agents Affiliated with this Home

  • Tina Browning

    Seller's Agent in 2021

    Tina Browning

    Green Tree Real Estate Services

    (502) 379-2365

    216 Total Sales

    Tina Browning
    Section Image

  • P

    Buyer's Agent in 2021

    Peggy Hoke

    Trinkle Group Real Est

    (812) 653-0212

    78 Total Sales

    Peggy Hoke
    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202107256

Southern Indiana REALTORS® Association

APN: 88-23-07-000-003.000-020

Indiana Washington County Salem 47108

7883 W Lost River Rd, Salem, IN

This home is located at 7883 W Lost River Rd, Salem, IN 47167 since 29 April 2021 and is currently estimated at $294,841, approximately $138 per square foot. This property was built in 1969. 7883 W Lost River Rd is a home located in Washington County with nearby schools including West Washington Elementary School and West Washington Junior/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.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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