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426 North Indiana Avenue

426 North Indiana Avenue, Salem, IL 62881
Property in Salem
Sold Apr 23, 2008
$24,500
$45,000 by Bank Of America Na
Mortgage Due May 01, 2038
Sold Mar 27, 2008
$22,500
426 North Indiana Avenue has been categorized by the local assessors in Salem, IL as a residential type of property. The area measurement of the land has been determined as 12,736 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 426 North Indiana Avenue sold most recently in Apr 23, 2008 for a total of $24,500. Before that, the property was also sold for $22,500 in Mar 26, 2008. 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 $1,912 in taxes each year. 426 North Indiana Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $22,620. If we break it down further, the land itself was valued at $6,430. Improvements to the property, however, were assessed at a total of $16,190. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,736
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KELL SUB
  • Land Acres: 0.292
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: VAND. KELL SUB. DIV. LOTS 11 & 12 BLOCK 5

Ownership

  • Current Owner : KING SUSAN DIANE
  • Previous Owner : CHAPMAN H LEON
  • Owner Before Previous Owner: MILLER MARY ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem School District 111
  • Census Tract: 952100

Geography

  • District: 11
  • Parcel: 1100015840
  • Block: 5
  • Lot: 11,12
  • Municipality: SALEM TOWNSHIP
  • Latitude: 38.6306
  • Longitude: -88.955

    Address

  • Full Address: 426 N Indiana Ave
  • Address - House Number: 426
  • Street Direction: N
  • Address - Street Name: Indiana
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Salem
  • Carrier Code: C005
  • 4-Digit Zip Code: 1341
  • Zip Code: 62881

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,912
  • Tax Rate Code Area: 11002

    Appraisal Valuation

  • Standard Deviation: 0.1221
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 75
  • Final Value: 78,162
  • High Value: 87,710
  • Low Value: 68,613

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $45,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 23, 2008
  • First Open Lien Mortgage Loan Amount: $45,000
  • 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: May 01, 2038

    Market Valuation

  • Market Total Value: $67,860
  • Market Land Value: $19,290
  • Market Improvement Value: $48,570

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,620
  • Assessed Land Value: $6,430
  • Assessed Improvements Value: $16,190

    Sales

  • Current Sale Contract Date: Apr 23, 2008
  • Current Sale Recording Date: Apr 23, 2008
  • Current Sale Transaction ID: 1082398371
  • Current Sale Price: $24,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2008R02775
  • Previous Sale Recording Date: Mar 27, 2008
  • Previous Sale Contract Date: Mar 26, 2008
  • Previous Sale Amount: $22,500
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Apr 23, 2008
  • First Mortgage Loan Amount: $45,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2038

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 426 North Indiana Avenue located in?
The 426 North Indiana Avenue is a located in the neighborhood of Salem in Salem, Salem.
What is the average sales price for listings in 426 North Indiana Avenue?
The average sales price for units in 426 North Indiana Avenue is $0 currently.

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