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5524 South Salem Road

5524 South Salem Road, Gosport, IN 47433
Property in Baker
Sold Aug 16, 2019
$427,500
$342,000 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2049
5524 South Salem Road in Gosport, IN was first built in 1998 and is 26 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5524 South Salem Road has 2,868 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,280 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 696,960 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a above ground pool on the property. The roof of the home is made of asphalt. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a attached garage. The garage is 672 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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, 5524 South Salem Road sold most recently in Aug 9, 2019 for a total of $427,500. If you work out the math, that's approximately a cost of $149.06 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 $2,170 in taxes each year. 5524 South Salem Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $472,300. If we break it down further, the land itself was valued at $196,300. Improvements to the property, however, were assessed at a total of $276,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1998
  • Effective Year Built: 1998
  • Total Rooms: 6
  • 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: 2
  • Basement Type: Partial basement
  • Basement Area: 1,280
  • Garage Type: Attached
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 696,960
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,868
  • Building Area: 2,868
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,868
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S32 T11 R1W PT E NW SW 16.0 A.

Ownership

  • Current Owner : VAUGHN LANDON
  • Current Owner 2: VAUGHN LESLIE
  • Previous Owner : HOPKINS DAVID ROBERT
  • Previous Owner 2: HOPKINS AMY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Martinsville Schools Metropolitan School District
  • Census Tract: 511002

Geography

  • Assessors Map Reference: MP 13.2.08
  • Account Number: 0151232300004000
  • District: 0003
  • Section: 32.01A
  • Parcel: 55-12-32-300-004.000-003
  • Meridian: SEC 32 TWN 11 RNG 1W
  • Municipality: BAKER TOWNSHIP
  • Latitude: 39.3439
  • Longitude: -86.5548

    Address

  • Full Address: 5524 S Salem Rd
  • Address - House Number: 5524
  • Street Direction: S
  • Address - Street Name: Salem
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Gosport
  • Carrier Code: R002
  • 4-Digit Zip Code: 8920
  • Zip Code: 47433

Valuation

    Tax

  • Total Area: 4,148
  • Tax Year: 2022
  • Tax Amount: $2,170
  • Tax Rate Code Area: 3:BAKER TO

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 78
  • Final Value: 539,359
  • High Value: 631,171
  • Low Value: 447,547

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $342,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 16, 2019
  • First Open Lien Mortgage Loan Amount: $342,000
  • 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: Sep 01, 2049

    Market Valuation

  • Market Total Value: $472,300
  • Market Land Value: $196,300
  • Market Improvement Value: $276,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $472,300
  • Assessed Land Value: $196,300
  • Assessed Improvements Value: $276,000

    Sales

  • Current Sale Contract Date: Aug 09, 2019
  • Current Sale Recording Date: Aug 16, 2019
  • Current Sale Transaction ID: 11645984454
  • Current Sale Price: $427,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201908385

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Aug 16, 2019
  • First Mortgage Loan Amount: $342,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

About Morgan



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Frequently Asked Questions

What neighborhood is 5524 South Salem Road located in?
The 5524 South Salem Road is a located in the neighborhood of Baker in Morgan, Gosport.
What is the average sales price for listings in 5524 South Salem Road?
The average sales price for units in 5524 South Salem Road is $0 currently.

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