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255 South Salem Street

255 South Salem Street, Francesville, IN 47946
Property in Salem
Sold Jun 27, 2013
$89,100
$71,250 by Alliance Bank
Mortgage Due Jul 01, 2043
Local assessors in Francesville, IN have categorized 255 South Salem Street as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 10,803 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 900 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 255 South Salem Street has a total of 1,068 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 828 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 572 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D+. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 255 South Salem Street sold most recently in Jun 27, 2013 for a total of $89,100. If you work out the math, that's approximately a cost of $83.43 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $373 in taxes each year. 255 South Salem Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $91,300. If we break it down further, the land itself was valued at $12,600. Improvements to the property, however, were assessed at a total of $78,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D+
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 828
  • Garage Type: Detached
  • Garage Square Area: 572
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,803
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,068
  • Building Area: 1,068
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,068
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SCOTTS SUB
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 014-00174-00 SCOTTS SUB DIV LOT 4 MONON (692)

Ownership

  • Current Owner : GEYER SHAWN MICHAEL
  • Previous Owner : GEYER VERNA
  • Previous Owner 2: GEYER LEWIS N

Neighborhood

  • School District Name: West Central School Corporation
  • Census Tract: 959200

Geography

  • Assessors Map Reference: MP 29N-R4W
  • Account Number: 0140017400
  • District: 0009
  • Parcel: 66-15-09-201-004.000-014
  • Lot: 4
  • Municipality: SALEM TOWNSHIP
  • Latitude: 40.9832
  • Longitude: -86.8847

    Address

  • Full Address: 255 S Salem St
  • Address - House Number: 255
  • Street Direction: S
  • Address - Street Name: Salem
  • Address - Suffix Type: St
  • State: IN
  • City Name: Francesville
  • Carrier Code: R001
  • 4-Digit Zip Code: 8102
  • Zip Code: 47946

Valuation

    Tax

  • Total Area: 1,896
  • Tax Year: 2022
  • Tax Amount: $373
  • Tax Rate Code Area: 14:FRANCES

    Appraisal Valuation

  • Standard Deviation: 0.2652
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 62
  • Final Value: 151,270
  • High Value: 191,387
  • Low Value: 111,152

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $71,250
  • First Open Lien Mortgage Lender: ALLIANCE BANK
  • First Open Lien Mortgage Recording Date: Jun 27, 2013
  • First Open Lien Mortgage Loan Amount: $71,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2043

    Market Valuation

  • Market Total Value: $91,300
  • Market Land Value: $12,600
  • Market Improvement Value: $78,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,300
  • Assessed Land Value: $12,600
  • Assessed Improvements Value: $78,700

    Sales

  • Current Sale Contract Date: Jun 27, 2013
  • Current Sale Recording Date: Jun 27, 2013
  • Current Sale Transaction ID: 11447470435
  • Current Sale Price: $89,100
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 20131321

    Last Sale Mortgage

  • First Mortgage Lender: ALLIANCE BANK
  • First Mortgage Transaction Date: Jun 27, 2013
  • First Mortgage Loan Amount: $71,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2043

About Francesville



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 255 South Salem Street located in?
The 255 South Salem Street is a located in the neighborhood of Salem in Francesville, Francesville.
What is the average sales price for listings in 255 South Salem Street?
The average sales price for units in 255 South Salem Street is $0 currently.

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