NOT LISTED FOR SALE

801 Martinsburg Rd Salem, IN 47167

Estimated Value: $69,000 - $148,000

2 Beds
1 Bath
975 Sq Ft
$110/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $45,500 $47 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $701/month

80 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Carpet
  • Corner Lot
  • Ceiling Fan

About This Home

As of May 2022

Fixer upper! Come check out this bungalow with 2bd/1ba on corner lot! Busy highway, could potentially be used as commercial location. Call today for your showing!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $922

Year Built

  • Built in 1940

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot

Home Design

  • Traditional Architecture
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Block Basement Construction

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Bradie M Shrum Elementary School
  • Salem Middle School
  • Salem High School

Additional Features

  • Covered Patio or Porch
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 88-24-20-113-023.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$922

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Age: 82
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: R.C. MORRIS E PT LOT 111
  • Parcel Number ID: 88-24-20-113-023.000-022
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Porch Covered
  • Sp Lp Percent: 56.88
  • Year Taxes Payable: 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1755
  • Total Finished Sq Ft: 975
  • Above Grade Finished Sq Ft: 975
  • Below Grade Sq Ft: 780
  • Price Per Sq Ft: 46.67
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: On Level: Main
  • Kitchen: Dimensions: 11x9, On Level: Main
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 8x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 780

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Heating Fuel: Electric, Gas
  • Sewer: Public
  • Water Utilities: Public

Schools

  • School District: Salem Community Schools
  • Elementary School: Bradie M Shrum
  • Middle School: Salem
  • High School: Salem
  • Elementary School: Bradie M Shrum

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 8276
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Tax Info

  • Annual Taxes: 922

MLS Schools

  • High School: Salem
  • Middle School: Salem
  • School District: Salem Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2023
Sold by
Barger Tony Ray
Bought by
Stahl Cameron and Stahl Hope
Current Estimated Value
$108,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2022
Closed on
May 18, 2022
Sold by
Barger Ray G
Bought by
Barger Julie
List Price
$80,000
Sold Price
$45,500
Premium/Discount to List
-$34,500
-43.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.16%
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
Stahl Cameron $62,500 --
Barger Julie -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stahl Cameron L $73,000
Closed Stahl Cameron $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $45,500 -43.1% $47 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $80,000 -- $82 / Sq Ft
Source: Indiana Regional MLS

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 $1,286 $64,300 $11,400 $52,900
2023 $1,176 $58,800 $11,400 $47,400
2022 $1,050 $52,500 $11,400 $41,100
2021 $968 $48,400 $11,400 $37,000
2020 $922 $46,100 $11,400 $34,700
2019 $890 $44,500 $11,400 $33,100
2018 $824 $41,200 $11,400 $29,800
2017 $872 $43,600 $11,400 $32,200
2016 $814 $40,700 $11,400 $29,300
2014 $818 $40,900 $11,400 $29,500
2013 $800 $40,000 $11,400 $28,600
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 202206069

Indiana Regional MLS

APN: 88-24-20-113-023.000-022

Indiana Washington County Salem 47167

801 Martinsburg Rd, Salem, IN

This home is located at 801 Martinsburg Rd, Salem, IN 47167 since 25 February 2022 and is currently estimated at $107,216, approximately $109 per square foot. This property was built in 1940. 801 Martinsburg Rd is a home located in Washington County with nearby schools including Bradie M. Shrum Lower Elementary School, Salem Middle School, and Salem 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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