NOT LISTED FOR SALE

8838 N Old Forestry Rd Salem, IN 47167

Estimated Value: $173,000 - $220,126

4 Beds
2 Baths
1,728 Sq Ft
$117/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $200,000 $116 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,219/month

40 Days on Market

Highlights

  • Panoramic View
  • Open Floorplan
  • Wooded Lot
  • 13.12 Acre Lot
  • Secluded Lot
  • Cathedral Ceiling

About This Home

As of January 2024

This 4-bed, 2-bath home in Salem, Indiana is a serene rural retreat, sitting on over 13 acres of wooded land. With a Covered Front Porch offering breathtaking views, it's an all-electric dwelling that boasts modern updates, including new flooring and kitchen countertops. The property features a fenced-in play area, clearly marked boundaries, fiber optic connectivity, two fully renovated bathrooms, fresh interior paint, and a new HVAC system. Embracing nature 's beauty and modern comforts, it's an ideal space for a peaceful getaway or year-round country living. Sq ft & rm sz approx.

Last Agent to Sell the Property

Nikki Wilson

Schuler Bauer Real Estate Services ERA Powered (N License #RB19001151 Listed on: 11/08/2023

Schuler Bauer Real Estate Services ERA Powered  (N

Last Buyer's Agent

Nikki Wilson

Schuler Bauer Real Estate Services ERA Powered (N License #RB19001151 Listed on: 11/08/2023

Schuler Bauer Real Estate Services ERA Powered  (N

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $926

Year Built

  • Built in 2010

Lot Details

  • 13.12 Acre Lot
  • Secluded Lot
  • Wooded Lot
  • Property is zoned Agri/ Residential, Agriculture

Parking

  • 1 Car Attached Garage

Property Views

  • Panoramic
  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Farm
  • Slab Foundation
  • Frame Construction
  • Metal Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • First Floor Utility Room
  • Partially Finished Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Ceramic Tile in Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 883404000001007012

Property Details

Property Type

Other

Est. Annual Taxes

$926

Year Built

Built in 2010

Lot Details

0

Parking

1

Listing Details

  • Improvements: 82400
  • Annual Tax: 926
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Slab
  • Land Assessment: 15300
  • Legal Description: 08-04-100-001.007-08 PT NE 4-3-4 13.124ac LOT 6 OWENS FARM
  • Parcel Number: 883404000001007012
  • Property Sub Type: Farm
  • Property Type: Residential/Farm
  • Total: 97700
  • Total Deduction Amnt: 62290
  • Total Finished Square Footage: 1728
  • Type: 1 Story
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 1728.00
  • Appliances: Dishwasher, Microwave, Range / Oven
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Ceramic Bath, Finishable Attic, Open Floor Plan
  • Lot Sq Ft: 571507.20
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1728

Exterior Features

  • Exterior Features: Metal Siding, Thermopane Windows

Garage/Parking

  • Garage Type: Attached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 13.1200
  • Lot Description: Panoramic View, Park-Like View, Scenic View, Secluded Lot, Wooded Lot
  • Zoning: Agri/ Residential, Agriculture

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Jan 19, 2024
Sold by
Gwin Noah S
Bought by
Hall Kyle
Seller's Agent
Nikki Wilson
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Nikki Wilson
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$239,900
Sold Price
$200,000
Premium/Discount to List
-$39,900
-16.63%
Views
220
Current Estimated Value
$211,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,332
Avg. Annual Appreciation
0.21%
Original Mortgage
$160,000
Outstanding Balance
$157,945
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$42,730

Purchase Details

Listed on
Feb 24, 2023
Closed on
Jun 29, 2023
Sold by
Daulton Carl and Daulton Maryah
Bought by
Gwin Noah S
Seller's Agent
Derrick Stewart
Lighthouse Realty Group, Inc.
Buyer's Agent
Nikki Wilson
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Views
390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.70%
Original Mortgage
$171,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2012
Sold by
Land Inc
Bought by
Daulton Carl and Daulton Maryah

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
3.91%
Mortgage Type
Purchase Money Mortgage
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
Hall Kyle $200,000 Quality Title
Gwin Noah S $180,000 None Listed On Document
Daulton Carl -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Kyle $160,000
Previous Owner Gwin Noah S $171,000
Previous Owner Daulton Carl $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $200,000 0.0% $116 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
12/06/2023 12/06/23 Price Changed $200,000 -4.8% $116 / Sq Ft
11/29/2023 11/29/23 Price Changed $210,000 -4.5% $122 / Sq Ft
11/21/2023 11/21/23 Price Changed $220,000 -4.3% $127 / Sq Ft
11/15/2023 11/15/23 Price Changed $230,000 -4.1% $133 / Sq Ft
11/08/2023 11/08/23 For Sale $239,900 +33.3% $139 / Sq Ft
06/29/2023 06/29/23 Sold $180,000 -2.7% $104 / Sq Ft
06/04/2023 06/04/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $185,000 0.0% $107 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $185,000 0.0% $107 / Sq Ft
05/17/2023 05/17/23 For Sale $185,000 -7.5% $107 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/09/2023 04/09/23 Price Changed $199,999 -4.7% $116 / Sq Ft
03/13/2023 03/13/23 Price Changed $209,900 -2.4% $121 / Sq Ft
02/24/2023 02/24/23 For Sale $215,000 -- $124 / 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 $739 $106,200 $15,200 $91,000
2023 $771 $108,600 $14,600 $94,000
2022 $708 $97,700 $14,100 $83,600
2021 $683 $89,500 $13,800 $75,700
2020 $864 $93,600 $13,800 $79,800
2019 $846 $94,800 $14,200 $80,600
2018 $789 $91,300 $14,200 $77,100
2017 $551 $75,900 $14,600 $61,300
2016 $483 $75,900 $14,700 $61,200
2014 $328 $78,400 $14,800 $63,600
2013 $367 $76,500 $17,500 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2023011641

Southern Indiana REALTORS® Association

APN: 88-34-04-000-001.007-012