NOT LISTED FOR SALE

902 Locust St Salem, IN 47167

Estimated Value: $133,000 - $155,000

2 Beds
1 Bath
804 Sq Ft
$178/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $130,000 $162 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $800/month

56 Days on Market

Highlights

  • Primary Bedroom Suite
  • 1 Car Attached Garage
  • Covered Deck
  • Covered patio or porch
  • Eat-In Kitchen
  • Bungalow

About This Home

As of March 2022

Cute MOVE IN READY HOME with 2 Br. 1 Ba and full WALKOUT BASEMENT. New windows from Americas Window comes with a transferrable warranty. The roof is only 2 yrs. old. New vinly siding! There are Hardwood floors under the carpet. LARGE LOT with a BLACK TOP DRIVEWAY and a newer CARPORT. Also, there is a DETACHED GARAGE with new garage door and entrance from the adjoining alley. This home comes with a ramp that joins up with a NEW DECK in the back of the house.

Bedford NonMember

NonMember BED Listed on: 11/30/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $493

Year Built

  • Built in 1953

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 1 Full Bathroom

Unfinished Basement

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

Outdoor Features

  • Covered Deck
  • Covered patio or porch

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 88-24-17-112-055.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$493

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1953
  • Age: 69
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Grandview Lot 67
  • Parcel Number ID: 88-24-17-112-055.000-022
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck Covered, Eat-In Kitchen, Garage Door Opener, Porch Covered, Main Level Bedroom Suite
  • Location: City/Town/Suburb
  • Sp Lp Percent: 96.37
  • Year Taxes Payable: 2021/2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1608
  • Total Finished Sq Ft: 804
  • Above Grade Finished Sq Ft: 804
  • Below Grade Sq Ft: 804
  • Price Per Sq Ft: 161.69
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Unfinished
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 14x19, On Level: Main
  • Kitchen: Dimensions: 11x11, On Level: Main
  • Bedroom 1: Dimensions: 10x11, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 804

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 12x20
  • Garage Sq Ft: 240
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Midwest Natural Gas Corp

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: Level
  • Lot Dimensions: .23
  • Estimated Lot Sq Ft: 10019
  • Estimated Lot Size Acres: 0.23

Tax Info

  • Annual Taxes: 74
  • Exemptions: Disabled, Homestead, Mortgage, 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
Nov 30, 2021
Closed on
Mar 1, 2022
Sold by
Boling Richard A
Bought by
Mcdonald Imelda M and Mcdonald Warren
Buyer's Agent
Bedford NonMember
NonMember BED
List Price
$134,900
Sold Price
$130,000
Premium/Discount to List
-$4,900
-3.63%
Total Days on Market
56
Current Estimated Value
$142,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,948
Avg. Annual Appreciation
2.94%
Original Mortgage
$68,172
Outstanding Balance
$64,112
Interest Rate
3.69%
Mortgage Type
FHA
Estimated Equity
$78,836

Purchase Details

Closed on
May 24, 2018
Sold by
Boling Richard A
Bought by
Boling Richard A and Boling Cynthia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2014
Closed on
May 13, 2014
Sold by
Gilbert Sherry
Bought by
Boling Richard A
Seller's Agent
Jennifer Nichols
Lopp Real Estate Brokers
Buyer's Agent
Mark Day
The Day Company REALTORS
List Price
$54,900
Sold Price
$48,900
Premium/Discount to List
-$6,000
-10.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$38,900
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2011
Sold by
M Jewell Llc
Bought by
Gilbert Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,888
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

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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
Mcdonald Imelda M $130,000 None Listed On Document
Boling Richard A -- None Available
Boling Richard A -- Classic Title Inc
Gilbert Sherry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Imelda M $68,172
Previous Owner Boling Richard A $66,600
Previous Owner Boling Richard A $38,900
Previous Owner Gilbert Sherry $38,888
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $130,000 -3.6% $162 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/08/2022 01/08/22 For Sale $134,900 0.0% $168 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
11/30/2021 11/30/21 For Sale $134,900 +175.9% $168 / Sq Ft
05/13/2014 05/13/14 Sold $48,900 -10.9% $61 / Sq Ft
04/13/2014 04/13/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $54,900 -- $68 / 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 $493 $90,700 $12,700 $78,000
2023 $868 $83,000 $12,700 $70,300
2022 $248 $65,800 $12,700 $53,100
2021 $103 $60,700 $12,700 $48,000
2020 $74 $58,000 $12,700 $45,300
2019 $53 $56,000 $12,700 $43,300
2018 $17 $52,100 $12,700 $39,400
2017 $41 $55,000 $12,700 $42,300
2016 -- $49,700 $12,700 $37,000
2014 -- $49,500 $12,300 $37,200
2013 $261 $49,800 $12,700 $37,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202149485

Indiana Regional MLS

APN: 88-24-17-112-055.000-022