NOT LISTED FOR SALE

925 Highway 64 NE New Salisbury, IN 47161

Estimated Value: $226,000 - $268,236

3 Beds
1 Bath
1,292 Sq Ft
$193/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $62,500 $48 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $1,375/month

Highlights

  • Barn
  • First Floor Utility Room
  • 1-Story Property
  • Deck
  • 6 Car Detached Garage
  • Forced Air Heating System

About This Home

As of March 2020

Estate for sale. Property offers possibilities for investor or FLIPPER. House in need of extensive repairs and updates. No utilities on at this time. Basement has been stabilized (agents, see attached docs). Roof repair has been done but old damage inside not repaired yet. 5 acres with lots of road frontage mean this land is divisible. Seller surveyed off a one acre lot on the north side, for dividing if desired. But whole parcel will sell altogether. Large 1800sf metal building in good condition. It's insulated, wired and has lean-to area w/ concrete floor as well. Concrete block building approx 1750sf. Second level of this building is falling in and needs to be removed, but the block walls on main level seem stable and could be salvaged w/ a new roof installed. This property was formerly a residence w/ business next door. It was "Arnold Appliances" for many years. Much exposure to passersby traffic could mean a future business opportunity for a new owner. Condition of the house is such that FHA, VA, USDA loans would not qualify. SELLING AS IS.

Last Agent to Sell the Property

Patty Rojan

License #RB14024314 Listed on: 02/03/2020

Co-Listed By

Jessica Johnson

License #RB16000757

Last Buyer's Agent

Jessica Johnson

License #RB16000757

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $959

Year Built

  • Built in 1953

Lot Details

  • 5 Acre Lot
  • Subdivision Possible
  • Property is zoned Agri/ Residential

Parking

  • 6 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,292 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Deck
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 310630200006000011

Home Details

Home Type

Single Family

Est. Annual Taxes

$959

Year Built

Built in 1953

Lot Details

0

Parking

6

Listing Details

  • Improvements: 123500
  • Annual Tax: 959
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 32200
  • Legal Description: PT NE1/4 NE1/4 30-2-4 5.
  • Out Buildings: Garage, Barn(s)
  • Parcel Number: 310630200006000011
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 155700
  • Total Deduction Amnt: 83275
  • Total Finished Square Footage: 1292
  • Type: 1 Story
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Unfinished, Walkout
  • Above Grade Finished Sq Ft: 1292.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility
  • Lot Sq Ft: 217800.00
  • Room Count: 8
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1292
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Deck

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 6
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 5.0000
  • Lot Description: Divisible Lot
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 13, 2020
Sold by
Kathy Arnold
Bought by
Glotzbach Ronald A
Seller's Agent
Patty Rojan
Buyer's Agent
Jessica Johnson
List Price
$89,900
Sold Price
$62,500
Premium/Discount to List
-$27,400
-30.48%
Current Estimated Value
$248,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,309
Avg. Annual Appreciation
28.21%
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
Glotzbach Ronald A $62,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $62,500 -16.6% $48 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
02/29/2020 02/29/20 Price Changed $74,900 -11.8% $58 / Sq Ft
02/29/2020 02/29/20 Price Changed $84,900 +13.4% $66 / Sq Ft
02/28/2020 02/28/20 Price Changed $74,900 -16.7% $58 / Sq Ft
02/03/2020 02/03/20 For Sale $89,900 -- $70 / 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 $667 $144,800 $60,000 $84,800
2023 $573 $134,200 $52,400 $81,800
2022 $549 $122,300 $47,400 $74,900
2021 $430 $106,400 $39,900 $66,500
2020 $269 $63,100 $34,900 $28,200
2019 $1,019 $155,700 $32,200 $123,500
2018 $959 $150,200 $32,200 $118,000
2017 $916 $151,200 $32,200 $119,000
2016 $822 $150,600 $32,200 $118,400
2014 $697 $141,300 $29,200 $112,100
2013 $697 $137,600 $29,200 $108,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202005709

Southern Indiana REALTORS® Association

APN: 31-06-30-200-006.000-011