NOT LISTED FOR SALE

87 E Oak Dr Salem, IN 47167

Estimated Value: $134,000 - $181,093

4 Beds
1 Bath
2,016 Sq Ft
$76/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $135,000 $67 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $879/month

61 Days on Market

Highlights

  • Above Ground Pool
  • 2 Car Attached Garage
  • Ceiling Fan
  • Ranch Style House
  • Patio
  • Baseboard Heating

About This Home

As of November 2023

Ranch style home with 4 BR, 1 BA, 2 car attached garage and a full finished walk out basement. This home has 2016 sq. ft. including finished basement, a fenced in back yard with deck, above ground pool and shed. Lots of house for the money. Spacious eat in kitchen with appliances included. Nice walkout finished basement has a large family room and additional bedroom area. Newer laminate floor. Great location on the edge of town and right off Hwy 60. Sold "As Is"

Last Agent to Sell the Property

Debbie Curtis

Mainstreet Realtors Brokerage Email: info@mainstreetrealtor.com Listed on: 09/21/2023

Last Buyer's Agent

Bedford NonMember

NonMember BED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1971

Lot Details

  • 0.27 Acre Lot
  • Wood Fence
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Stone Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bedroom in Basement

Outdoor Features

  • Above Ground Pool
  • Patio

Location

  • Suburban Location

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 88-24-21-113-019.000-022

Community Details

Overview

  • Southway Estates Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,000

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1971
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Southwest Estates Lot 72
  • Parcel Number ID: 88-24-21-113-019.000-022
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck Open, Patio Open
  • Location: City/Town/Suburb
  • Number Below Grade Bedrooms: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2016
  • Total Finished Sq Ft: 2016
  • Above Grade Finished Sq Ft: 1008
  • Below Grade Finished Sq Ft: 1008
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Walk-Out Basement
  • Basement Material: Block
  • Flooring: Concrete, Laminate
  • Living Great Room: Dimensions: 14x13, On Level: Main
  • Kitchen: Dimensions: 11x10, On Level: Main
  • Family Room: Dimensions: 11x24, On Level: Basement
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 13x10, On Level: Main
  • Bedroom 3: Dimensions: 13x11, On Level: Main
  • Bedroom 4: Dimensions: 10x10, On Level: Basement
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1008

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 10x10
  • Pool: Above Ground
  • Pool: Yes
  • Fence: Wood

Garage/Parking

  • Driveway: Stone
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x21
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Electric, Baseboard
  • Sewer: City
  • Water Utilities: City

Schools

  • Elementary School: Bradie M Shrum

Lot Info

  • Lot Description: Level
  • Lot Dimensions: .27
  • Estimated Lot Sq Ft: 11761
  • Estimated Lot Size Acres: 0.27

Tax Info

  • Annual Taxes: 1000
  • Exemptions: Homestead, Supplemental

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Nov 29, 2023
Sold by
Schell Peggy C and Schell Glenn H
Bought by
Scott Ashley
Seller's Agent
Debbie Curtis
Mainstreet Realtors
Buyer's Agent
Bedford NonMember
NonMember BED
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Views
169
Current Estimated Value
$152,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,773
Avg. Annual Appreciation
6.13%
Original Mortgage
$130,950
Outstanding Balance
$128,830
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$23,943

Purchase Details

Listed on
Feb 7, 2012
Closed on
Mar 29, 2012
Sold by
Collins Billy and Barlow Dian
Bought by
Schell Glenn H and Schell Peggy C
Seller's Agent
Stephannie Wilson
NextHome Wilson Real Estate
Buyer's Agent
Casey Kovener
RE/MAX Advantage
List Price
$84,900
Sold Price
$80,000
Premium/Discount to List
-$4,900
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$81,391
Interest Rate
4.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 1, 2006
Sold by
Fannie Mae
Bought by
Collins Billy and Barlow Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.94%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 7, 2005
Sold by
Bell Brian K
Bought by
Not Provided
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Scott Ashley -- None Listed On Document
Schell Glenn H -- None Available
Collins Billy -- None Available
Not Provided -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Ashley $130,950
Previous Owner Schell Glenn H $81,391
Previous Owner Collins Billy $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2023 11/30/23 Sold $135,000 -9.9% $67 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $149,900 +87.4% $74 / Sq Ft
03/29/2012 03/29/12 Sold $80,000 -5.8% $40 / Sq Ft View Prior Sale
03/02/2012 03/02/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $84,900 -- $42 / 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 $953 $95,300 $17,600 $77,700
2023 $633 $97,200 $17,600 $79,600
2022 $1,000 $98,000 $17,600 $80,400
2021 $901 $91,100 $17,600 $73,500
2020 $922 $93,200 $17,600 $75,600
2019 $813 $82,300 $17,600 $64,700
2018 $807 $78,900 $17,600 $61,300
2017 $712 $78,800 $17,600 $61,200
2016 $675 $82,600 $17,600 $65,000
2014 $620 $82,700 $17,600 $65,100
2013 $548 $80,500 $17,600 $62,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202334542

Indiana Regional MLS

APN: 88-24-21-113-019.000-022