See Home Value
Salem 47167
205 S Posey Street
$89,665*
House - Off Market

205 S Posey Street

Salem, IN 47167
bedrooms
4 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
2153 Sqft
$90,000 - $100,000
Reference Base Price*
-0.37%
Since Nov 1, 2023
National-US
Primary Model
Sold Mar 02, 2020
$77,500
$76,095 by Success Mortgage Partners Inc
Mortgage Due Mar 01, 2050

About This Property

Come check out this beautiful home located within walking distance to both schools and parks.  This home features original woodwork, tons of updates, and a few projects left allowing you to make it your own!  The home features an expansive front porch and is situated on a 1/3 acre lot in historic Salem.   Don't pass up the chance to own this wonderful home!

The manager has listed the unit size as 2153 square feet.
Unit Size
2,153Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$42
Property Type
House
Property Taxes
$71
HOA Dues
-
Year Built
1928

Price History

Date / Event Date Event Price
Oct 6, 2023 No longer available -
No longer available
Sep 26, 2023 Price Decreased $90,000
↓ $10K (10%)
Price Decreased
Sep 8, 2023 Listed $100,000
Listed
Aug 25, 2023 No longer available -
No longer available
Aug 3, 2023 Price Decreased $99,900
↓ $19K (16%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 849
  • Garage Type: Carport
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 720
  • Total Building Area: 2,153
  • Building Area: 2,153
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Other
  • Heated Square Feet: 2,153
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DEPAUW S SECOND ADDITION
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DEP. PT LOT 191

Ownership

  • Current Owner : SHIELDS SANDRA K
  • Current Owner 2: NICHOLSON ARTHUR KEITH
  • Previous Owner : SAMA SUSAN D
  • Previous Owner 2: WILSON SUSAN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem Community Schools
  • Census Tract: 967500

Geography

  • Assessors Map Reference: MP 333.000
  • Account Number: 0220155917
  • District: 0013
  • Parcel: 88-24-17-333-027.000-022
  • Lot: 191
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 38.6042
  • Longitude: -86.1049

    Address

  • Full Address: 205 S Posey St
  • Address - House Number: 205
  • Street Direction: S
  • Address - Street Name: Posey
  • Address - Suffix Type: St
  • State: IN
  • City Name: Salem
  • Carrier Code: C004
  • 4-Digit Zip Code: 1331
  • Zip Code: 47167

Valuation

    Tax

  • Total Area: 3,002
  • Tax Year: 2022
  • Tax Amount: $857
  • Tax Rate Code Area: 22:SALEM C

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 93,712
  • High Value: 110,668
  • Low Value: 76,756

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $79,084
  • First Open Lien Mortgage Lender: SUCCESS MORTGAGE PARTNERS INC
  • First Open Lien Mortgage Recording Date: Mar 02, 2020
  • First Open Lien Mortgage Loan Amount: $76,095
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: Sep 21, 2021
  • Second Open Lien Mortgage Loan Amount: $2,989
  • Second Open Lien Mortgage Term: 341
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $96,600
  • Market Land Value: $15,100
  • Market Improvement Value: $81,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,600
  • Assessed Land Value: $15,100
  • Assessed Improvements Value: $81,500

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Mar 02, 2020
  • Current Sale Transaction ID: 11745680382
  • Current Sale Price: $77,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200857

    Last Sale Mortgage

  • First Mortgage Lender: SUCCESS MORTGAGE PARTNERS INC
  • First Mortgage Transaction Date: Mar 02, 2020
  • First Mortgage Loan Amount: $76,095
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Salem


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Frequently Asked Questions

When was property at 205 South Posey Street built and last sold?
The property at 205 South Posey Street was built in 1928 and last sold on Feb 28, 2020 for $77,500.
How much is this home worth?
The estimated value of the home located at 205 South Posey Street is $105,063.
What are some comparable homes to 205 South Posey Street?
There are currently no comparable homes to 205 South Posey Street.

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