When was property at 407 Fair Street built and last sold?

The property at 407 Fair Street was built in 2023 and last sold on May 24, 2023 for $323,190.

How much is this home worth?

The estimated value of the home located at 407 Fair Street is $276,539.

What are some comparable homes to 407 Fair Street?

Homes that are comparable to 407 Fair Street include a house property at 99 Public Square , 1101 South Jackson Street , which are both great to check out.

Salem

47167

407 S Fair Street

1 / 18

Map

$244,181*

● House - Off Market

407 S Fair Street

Salem, IN 47167

3 Beds

2 Baths

1800 Sqft

$216,000 - $264,000

Reference Base Price*

1.74%

Since May 1, 2023

National-US

Primary Model

Sold Jun 12, 2023

$323,190

Tyson Thomas

Buyer

Babbitt Earl L

Seller

Sold May 17, 2022

$10,990

Babbitt Earl L Babbitt Peggy D

Buyer

Brown Jean A

Seller

About This Property

Don't miss out on this newly built 3 bedroom, 2 bathroom home situated in the heart of Salem! Luxury vinyl plank throughout, and a large bonus room above the attached garage. A covered front porch, attached garage and back deck make the outside very inviting. Near the 4-H Fairgrounds, shopping, restaurants, schools, and the hospital.

The manager has listed the unit size as 1800 square feet.

Unit Size

1,800Ft²

Days on Market

Land Size

0.39 acres

Price per sqft

$133

Property Type

House

Property Taxes

$129

HOA Dues

Year Built

2023

Price History

Date / Event	Date	Event
Jun 12, 2023	Sold to Thomas Tyson	$323,190
Sold to Thomas Tyson
Apr 26, 2023	No longer available	-
No longer available
Mar 28, 2023	Price Decreased	$240,000 ↓ $20K (7.7%)
Price Decreased
Mar 14, 2023	Price Decreased	$260,000 ↓ $15K (5.5%)
Price Decreased
Jan 11, 2023	Listed	$275,000
Listed
Apr 20, 2022	No longer available	-
No longer available
Apr 18, 2022	Listed	$10,990
Listed

	AFFORDABLE LAND, IN TOWN, READY FOR EASY ACCESS BUILDING! Just blocks away from in-town restaurants, grocery store, creek, and fairgrounds! Great low maintenance yard size, on dead-end road; perfect for kids to play or gatherings with friends. Water and electric available. Dawson Real Estate, LLC
Dec 31, 2020	No longer available	-
No longer available
Jun 28, 2020	Listed	$16,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 2023

Effective Year Built: 2023
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: Average
Building Quality: C+
Construction Type: Wood
Roof Cover Type: Asphalt
Floor Count: 1
Basement Type: Building with no basement
Basement Area: 0
Garage Type: Attached
Garage Square Area: 312
Parking Space Count: 1

Dimensions

Lot Size Square Feet: 16,988

Lot Size Depth Feet: 2,000
Lot Size Frontage Feet: 850
Total Building Area: 2,400
Building Area: 2,400
Building Area Measurement: Finished Area

Heating and Cooling

Air Conditioning: Central air conditioning

Heating: Central heating
Heated Square Feet: 2,400
Heating Fuel Type: Gas

Utilities

Sewer System: Yes

Water Service: Yes

Building

Property Class: Residential

Land Acres: 0.39
Standard Land Use Code: Single family residential
Legal Description 1: 13-20-111-014.000-22 PT NE 20-2-4 .39AC

Ownership

Current Owner : TYSON THOMAS

Previous Owner : BABBITT EARL L
Owner Before Previous Owner: BROWN JEAN A
Is Owner Occupied: Owner-occupied property

Neighborhood

School District Name: Salem Community Schools

Census Tract: 967600

Geography

Assessors Map Reference: MP 111.000

Account Number: 0220187020
District: 0013
Parcel: 88-24-20-111-014.000-022
Municipality: WASHINGTON TOWNSHIP
Latitude: 38.6012
Longitude: -86.0903

Address

Full Address: 407 Fair St

Address - House Number: 407
Address - Street Name: Fair
Address - Suffix Type: St
State: IN
City Name: Salem
Carrier Code: C002
4-Digit Zip Code: 1202
Zip Code: 47167

Valuation

Tax

Tax Year: 2022

Tax Amount: $129
Tax Rate Code Area: 22:SALEM C

Appraisal Valuation

Standard Deviation: 0.1809

Valuation Date: Jan 17, 2024
Confidence Score: 76
Final Value: 275,983
High Value: 325,918
Low Value: 226,049

Market Valuation

Market Total Value: $193,400

Market Land Value: $16,100
Market Improvement Value: $177,300

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $193,400
Assessed Land Value: $16,100
Assessed Improvements Value: $177,300

Sales

Current Sale Contract Date: May 24, 2023

Current Sale Recording Date: Jun 12, 2023
Current Sale Transaction ID: 11908086379
Current Sale Price: $323,190
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: 1928
Previous Sale Recording Date: May 17, 2022
Previous Sale Contract Date: May 10, 2022
Previous Sale Amount: $10,990
Previous Sale Document Type: Warranty Deed

Last Sale Mortgage

First Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC

First Mortgage Transaction Date: Jun 12, 2023
First Mortgage Loan Amount: $243,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional
First Mortgage Loan Due Date: Jun 01, 2053

Redact Ownership Info

Comparables

99 Public Square

Active

House

3 Beds

2 Baths

1,640 ft²

$186/ft²

$304,900 Nov 11, 2022

99 Public Square

Active

House

3 Beds

2 Baths

1,415 ft²

$211/ft²

$298,000 Nov 18, 2022

1101 South Jackson Street

Active

House

3 Beds

1 Bath

1,200 ft²

$187/ft²

$224,900 Dec 9, 2022

$195/mo

About Salem

Stats & Trends

Median Asking:

$162,000

Sale Price/ft²

$132

Below Asking

0.03%

Average Days on Market

Average Home Size

1689 ft²

Average Home Age

62.9 years

Currently For Sale

15 Listings

Similar Homes for Sale

Unit for sale at 1101 South Jackson Street, Salem, IN 47167

$224,900

3 Beds
1 Bath
1,200 ft²

1101 South Jackson Street, Salem, IN 47167 Listing by Laurie Orkies Dunaway

Open House: Sat Jan 14, 9AM - 11AM

Unit for sale at 99 Public Square, Salem, IN 47167

$298,000

3 Beds
2 Baths
1,415 ft²

99 Public Square, Salem, IN 47167 Listing by LINDA WARD TEMPLE

Open House: Sat Jan 14, 9AM - 11AM

$304,900

3 Beds
2 Baths
1,640 ft²

99 Public Square, Salem, IN 47167 Listing by LINDA WARD TEMPLE

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Nearby Rentals

Unit for rent at 805 S Main Street, Salem, IN, 47167

$2,400 /mo

Studio
4,000 ft²

805 S Main Street #SUITE110, Salem, IN, 47167 Listing by David Nakarado

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407 S Fair Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Geography

Valuation

Comparables

About Salem

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions