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Sold for $206,000
  • $206,000

    7231 E Old 56, Salem, IN 47167

    3beds
    1,756sqft
    Single Family Residence
    Built in 1986
    5.02 Acres Lot
    $248,600 Zestimate®
    $117/sqft
    $1,730 Estimated rent

    Home value

    $248,600

    $229,000 - $271,000

    $1,730/mo

    Zestimate® history
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    What's special

    Welcome to the country! This 3 bedroom, 2 bathroom home boasts 1,756 square feet of finished space, and a large detached garage with plenty of room for two vehicles and some work space. This partially earth sheltered home was constructed in 1986, and has been updated with many modern features. Exceptional landscaping and fish ponds add to the serenity of this home. It has exceptional views and a peaceful setting among nature, which can be enjoyed from the back patio or the bonus cabin! If you have an interest in the outdoors, this fantastic home and acreage adjoins thousands of acres of State Owned land that is waiting to be explored, hiked, or hunted! Come and check it out! The interior of the home is heated by electric baseboard and wood stove near the center of the home. Home is connected to rural water, and utilizes a septic system. Washer, dryer, and stove in foyer are not included in the sale.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jared Baird,

    LandProz of Indiana

    Bought with:

    Lori J. Gilstrap, RB14047190

    The Day Company REALTORS

    Source: SIRA,MLS#: 2023011168MLS LogoOriginating MLS: Southern Indiana REALTORS Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard
    Cooling
    • Window Unit(s), WallWindow Unit(s)
    Appliances
    • Included: Oven, Range, Refrigerator
    Features
    • Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, Mud Room, Pantry, Utility Room
    • Has basement: No
    • Has fireplace: No
    • Fireplace features: Wood Burning Stove
    Interior area
    • Total structure area: 1,756
    • Total interior livable area: 1,756 sqft
    • Finished area above ground: 1,756
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage, Garage Door Opener
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    • View description: Park/Greenbelt, Hills, Scenic
    Lot
    • Size: 5.02 Acres
    • Features: Adjacent To Open Space, Garden, Wooded
    Details
    • Parcel number: 883533000009001005
    • Special conditions: Relocation

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: One Story
    • Property subtype: Single Family Residence
    Materials
    • Stone
    Condition
    • Resale
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Connected, Public

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $117/sqft
    • Tax assessed value: $128,700
    • Annual tax amount: $1,062
    • Date on market: 10/17/2023
    • Cumulative days on market: 105 days
    • Listing terms: Cash,Conventional,FHA
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/30/2024Sold$206,000-1.9%$117/sqft
    Source: SIRA #2023011168 Report a problem
    11/14/2023Pending sale$209,999$120/sqft
    Source: SIRA #2023011168 Report a problem
    10/17/2023Listed for sale$209,999$120/sqft
    Source: SIRA #2023011168 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$896 +3.7%$128,700 +10.7%
    2024$864 -10.3%$116,300 +4.2%
    2023$963 +7.3%$111,600 -2.9%
    2022$898 +11.2%$114,900 +15%
    2021$808 -0.8%$99,900 +3%
    2020$814 -9.9%$97,000 -4.1%
    2019$904 +13.9%$101,100 -0.8%
    2018$793 +9.8%$101,900
    2017$722 +13.6%$101,900 -0.8%
    2016$636 +7.9%$102,700 +1.6%
    2014$590 -21.1%$101,100 -6.1%
    2013$748 -9.6%$107,700 -9%
    2012$828 +52.9%$118,400 +25.8%
    2011$541 -14.6%$94,100
    2010$634 +58.2%$94,100 +13.8%
    2009$401 -5.8%$82,700 -3.4%
    2007$425 -32.5%$85,600 +1.8%
    2006$630 $84,100
    Find assessor info on the county website

    Neighborhood: 47167

    Nearby schools

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    $248,600
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    +$4,972
    With Zillow Showcase(estimated)
    $253,572