NOT LISTED FOR SALE

903 N Water St Salem, IN 47167

Estimated Value: $307,000 - $385,000

4 Beds
2.5 Baths
2,756 Sq Ft
$130/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $350,000 $127 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,102/month

32 Days on Market

Highlights

  • 0.51 Acre Lot
  • Main Floor Primary Bedroom
  • Den
  • Open Floorplan
  • Screened Porch
  • First Floor Utility Room

About This Home

As of September 2023

This home in Salem sets the standard for clean, comfortable, and spacious living. This property offers 4 bedrooms and 2 1/2 baths with over 2,750 sqft on a 1/2 acre lot! Starting with the covered front porch that leads to the front door where you are welcomed into a spacious foyer that goes right into the open-concept dining/living area complete with a gas-burning fireplace. The kitchen is magnificent and boasts loads of cabinets and all the new appliances will stay; gas range/top with electric oven, dishwasher, and fridge too. Owners' suite, laundry/mudroom, 1/2 bath along with office/den on the main floor. 2 additional bedrooms and 2nd large bath upstairs. All new carpet, fresh paint, and blinds as well. The screened-in 12x20 back porch overlooks the landscaped/fenced yard. You'll all love the oversized 2-car attached garage along with a separate 16x17 utility/shop with electric for a workshop or additional storage. There is crawl space access from inside the home during storms. Close to schools, the walking trail, YMCA, and shopping. This home is an exceptional value and is eligible for USDA financing for qualified buyers

Last Agent to Sell the Property

Karen Hall

RE/MAX FIRST License #RB18000009 Listed on: 07/31/2023

RE/MAX FIRST

Last Buyer's Agent

Tammie McIntyre

Brixton Realty License #RB14039030

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,354

Year Built

  • Built in 1976

Lot Details

  • 0.51 Acre Lot
  • Street terminates at a dead end
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,756 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Central Vacuum
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Window Screens
  • Den
  • Screened Porch
  • First Floor Utility Room
  • Storage
  • Utility Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Gas Available
  • Electric Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 0220200417

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,354

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Improvements: 118700
  • Annual Tax: 1354
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Concrete Block, Crawl Space
  • Land Assessment: 16700
  • Legal Description: 13-17-221-028.000-22 BAKER SUBD. N PT LOT 2 LOT 3
  • Numof Fireplaces: 1
  • Open House Count: 2
  • Out Buildings: Garage, Shed
  • Parcel Number: 0220200417
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 135400
  • Total Deduction Amnt: 100575
  • Total Finished Square Footage: 2756
  • Type: 1.5 Story
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 2756.00
  • Appliances: Central Vac, Dishwasher, Garage Door Opener, Range / Oven, Refrigerator, Water Softener
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Added Storage, Bath Master, Blinds, Ceiling Fan(s), Den/Office, Open Floor Plan, Pantry, Split Bedrooms, Utility/Mud Room, Walk-In Closet(s)
  • Lot Sq Ft: 22215.60
  • Room Count: 13
  • Sewer Type: Sewer
  • Total Sq Ft: 2756
  • Total Rooms: 10

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Landscaped, Paved Driveway, Screened Porch, Screens, Solid Surface Drive, Vinyl Siding

Garage/Parking

  • Garage Type: Attached, Front Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Schools

  • School District: Salem Comm.

Lot Info

  • Acres: 0.5100
  • Lot Description: Dead End Street
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Sep 29, 2023
Sold by
Wilson Christopher and Wilson Emily Nicole
Bought by
Smedley Karen and Smedley Jody
Seller's Agent
Karen Hall
RE/MAX FIRST
Buyer's Agent
Tammie McIntyre
Brixton Realty
List Price
$385,000
Sold Price
$350,000
Premium/Discount to List
-$35,000
-9.09%
Views
182
Current Estimated Value
$359,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,613
Avg. Annual Appreciation
2.53%
Original Mortgage
$250,000
Outstanding Balance
$246,289
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$120,604

Purchase Details

Listed on
May 19, 2022
Closed on
Aug 5, 2022
Sold by
Stallings Jack W
Bought by
Wilson Christopher and Wilson Emily Nicole
Seller's Agent
Tammie McIntyre
Brixton Realty
Buyer's Agent
Karen Hall
RE/MAX FIRST
List Price
$359,900
Sold Price
$359,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.40%
Original Mortgage
$335,252
Interest Rate
5.3%
Mortgage Type
New Conventional
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
Smedley Karen $350,000 None Listed On Document
Wilson Christopher -- Maudlin Lewis
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smedley Karen $250,000
Previous Owner Wilson Christopher $335,252
Previous Owner Stallings Jack W $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $350,000 -6.7% $127 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/15/2023 08/15/23 Price Changed $375,000 -2.6% $136 / Sq Ft
07/31/2023 07/31/23 For Sale $385,000 +7.0% $140 / Sq Ft
08/05/2022 08/05/22 Sold $359,900 0.0% $131 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $359,900 0.0% $131 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $359,900 0.0% $131 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/26/2022 05/26/22 Price Changed $359,900 -5.3% $131 / Sq Ft
05/19/2022 05/19/22 For Sale $379,900 -- $138 / 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 $1,709 $170,900 $16,700 $154,200
2023 $1,579 $154,900 $16,700 $138,200
2022 $1,354 $136,900 $16,700 $120,200
2021 $1,017 $125,400 $16,700 $108,700
2020 $881 $121,700 $16,700 $105,000
2019 $739 $116,800 $16,700 $100,100
2018 $493 $107,000 $16,700 $90,300
2017 $612 $116,800 $16,700 $100,100
2016 $415 $110,500 $16,700 $93,800
2014 $593 $123,600 $13,800 $109,800
2013 $534 $122,100 $16,700 $105,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202309369

Southern Indiana REALTORS® Association

APN: 88-24-17-221-028.000-022