$48,900
SOLD MAY 13, 2014

902 Locust St Salem, IN 47167

2 Beds
1 Bath
804 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$61 Per Sq Ft

11% Below List Price

58 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Walk-In Closet
  • Covered patio or porch
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of March 2022

Own for less than RENT!!! Cute 2 BDRM 1 BA home with unfinished walk out basement. Large lot, detached garage. Ready to move in! Newer carpet over hardwood. All data approx, to be verified by Buyer.

Last Agent to Sell the Property

Jennifer Nichols

Lopp Real Estate Brokers License #RB14039959 Listed on: 02/14/2014

Last Buyer's Agent

Mark Day

The Day Company REALTORS License #RB14030049

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $236

Year Built

  • Built in 1953

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 72 x 146
  • Garden

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Wood Trim

Interior Spaces

  • 804 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 882417112055000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$236

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Improvements: 37100
  • Additional Parking: Off Street
  • Annual Tax: 236
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Mortgage, Supplemental Homestd
  • Foundation: Concrete Block
  • Land Assessment: 12700
  • Legal Description: Grandview LOT67
  • Lot Dimensions: 72 X 146
  • Out Buildings: Garage
  • Parcel Number: 882417112055000022
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 49800
  • Total Deduction Amnt: 38890
  • Total Finished Square Footage: 804
  • Type: 1 Story
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Daylight, Full, Unfinished, Walkout
  • Above Grade Finished Sq Ft: 804.00
  • Appliances: Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Master, Blinds, Ceiling Fan(s), Eat-In Kitchen, Natural Wood Trim, Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 10019.00
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 804
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Covered Porch, Deck, Paved Driveway

Garage/Parking

  • Garage Type: Detached, Front Entry
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.2300
  • Lot Description: Garden Area
  • Zoning: Residential

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%
Current Estimated Value
$153,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,289
Avg. Annual Appreciation
4.07%
Original Mortgage
$68,172
Outstanding Balance
$64,112
Interest Rate
3.69%
Mortgage Type
FHA
Estimated Equity
$84,937

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
10.43%
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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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $130,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed -- Classic Title Inc
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $68,172 FHA
Previous Owner $66,600 New Conventional
Previous Owner $38,900 New Conventional
Previous Owner $38,888 FHA
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: 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 $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

  • B

    Buyer's Agent in 2022

    Bedford NonMember

    NonMember BED

  • Jennifer Nichols

    Seller's Agent in 2014

    Jennifer Nichols

    Lopp Real Estate Brokers

    (812) 620-2895

    12 in this area

    48 Total Sales

    Section Image
  • Mark Day

    Buyer's Agent in 2014

    Mark Day

    The Day Company REALTORS

    (812) 620-1034

    54 in this area

    135 Total Sales

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201401104

Southern Indiana REALTORS® Association

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

Indiana Washington County Salem 47167

902 Locust St, Salem, IN

This home is located at 902 Locust St, Salem, IN 47167 and is currently priced at $48,900, approximately $60 per square foot. This property was built in 1953. 902 Locust St 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.

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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