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5506 Salem Drive North

5506 Salem Drive North, Carmel, IN 46033
Property in Ashton
Sold Jul 05, 2013
$420,400
$172,000 by Horizon Bank
Mortgage Due Oct 04, 2047
Sold Jun 04, 2013
$267,300
$213,800 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2043
5506 Salem Drive North has been categorized by the local assessors in Carmel, IN as a residential type of property. The building on the property was first built in 1993 and is 31 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5506 Salem Drive North has 4,397 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,597 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,159 ft and across the front of the lot is 1,266 ft. The area measurement of the land has been determined as 17,860 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 1,496 sqft. According to our sources, there are a total of 5 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5506 Salem Drive North was last sold in Jun 28, 2013 for $420,400. According to our calculations, that's $66.80 per sqft. Prior to that sales transaction, the property was sold for $267,300 in May 21, 2013. Current property owners are expected to pay $5,573 in taxes per year. The property on 5506 Salem Drive North was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $542,200. To break that down further, the land itself was valued at $71,000. While improvements to the property were assessed at a total of $471,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Brick
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,597
  • Garage Type: Attached
  • Garage Square Area: 1,496
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,159
  • Lot Size Frontage Feet: 1,266
  • Total Building Area: 6,293
  • Gross Building Area: 6,293
  • Building Area: 4,397
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,397
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ASHTON SECTION 2B
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ACREAGE .41, SECTION 21, TOWNSHIP 18, RANGE 4, ASHTON, SECTION 2B, LOT 97

Ownership

  • Current Owner : HEID JORDAN
  • Current Owner 2: HEID KRISTIN
  • Previous Owner : ADOMATIS RUSSELL L
  • Owner Before Previous Owner: ADOMATIS DOROTHY
  • Owner Before Previous Owner 2: ADOMATIS RUSSELL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Carmel Clay Schools
  • Census Tract: 110907

Geography

  • District: 0017
  • Parcel: 29-10-21-014-028.000-018
  • Lot: 97
  • Meridian: SEC 21 TWN 18 RNG 04
  • Municipality: DELAWARE TOWNSHIP
  • Latitude: 39.9956
  • Longitude: -86.0741

    Address

  • Full Address: 5506 Salem Dr N
  • Address - House Number: 5506
  • Street Segment Direction: N
  • Address - Street Name: Salem
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Carmel
  • Carrier Code: R017
  • 4-Digit Zip Code: 8580
  • Zip Code: 46033

Valuation

    Tax

  • Total Area: 4,797
  • Tax Year: 2022
  • Tax Amount: $5,573
  • Tax Rate Code Area: 16

    Appraisal Valuation

  • Standard Deviation: 0.1826
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 76
  • Final Value: 700,937
  • High Value: 828,929
  • Low Value: 572,945

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,000
  • First Open Lien Mortgage Lender: HORIZON BANK
  • First Open Lien Mortgage Recording Date: Oct 27, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $172,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 04, 2047

    Market Valuation

  • Market Total Value: $542,200
  • Market Land Value: $71,000
  • Market Improvement Value: $471,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $542,200
  • Assessed Land Value: $71,000
  • Assessed Improvements Value: $471,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 2013
  • Current Sale Recording Date: Jul 05, 2013
  • Current Sale Transaction ID: 1077411600
  • Current Sale Price: $420,400
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2013041571
  • Previous Sale Recording Date: Jun 04, 2013
  • Previous Sale Contract Date: May 21, 2013
  • Previous Sale Amount: $267,300
  • Previous Sale Document Type: Affidavit of Death of Joint Tenant

    Last Sale Mortgage

  • First Mortgage Lender: HOMETRUST MORTGAGE SERVICES LL
  • First Mortgage Transaction Date: Jul 05, 2013
  • First Mortgage Loan Amount: $336,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jun 04, 2013
  • Previous Mortgage Loan Amount: $213,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2043

About Ashton



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Frequently Asked Questions

What neighborhood is 5506 Salem Drive North located in?
The 5506 Salem Drive North is a located in the neighborhood of Ashton in Ashton, Carmel.
What is the average sales price for listings in 5506 Salem Drive North?
The average sales price for units in 5506 Salem Drive North is $0 currently.

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