NOT LISTED FOR SALE

101 S 11th St Richmond, IN 47374

Estimated Value: $77,000 - $102,000

9 Beds
3 Baths
1,910 Sq Ft
$49/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $89,000 $47 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $653/month

28 Days on Market

About This Home

As of May 2023

Attention Investors!! Solid income-producing triplex, fully occupied. Landlord pays water/sewer, tenants responsible for electricity. Easy access to I70, parks, museums, restaurants, shopping, etc. BEING SOLD AS-IS, priced accordingly!

Last Agent to Sell the Property

Kaylee Cawthorne-Fettig

Circle City Realty, LLC Brokerage Email: kaylee@circlecityrealty.com License #RB16001788 Listed on: 02/15/2023

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $752

Year Built

  • Built in 1920

Lot Details

  • 87

Home Design

  • Triplex
  • Colonial Architecture

Schools

  • Vaile Elementary School
  • Richmond High School

Additional Features

  • 2-Story Property
  • 87 Sq Ft Lot
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance, lawncare
  • The owner pays for taxes, sewer, water
  • Tax Lot 2222
  • Assessor Parcel Number 891804110637000030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$752

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Architectural Style: Colonial
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1920
  • Lot Size Acres: 0.05
  • Structure Type: Triplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Website: https://circlecityrealty.com/listing/101-s-11th-st-richmond-in-47374
  • Conversion: No
  • MBR_AttributionContact: kaylee@circlecityrealty.com
  • Multi Rooms: 15
  • Attribution Contact: kaylee@circlecityrealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Two
  • Owner Pays: Taxes, Sewer, Water

Exterior Features

  • List Price: 89000
  • Road Access: Not Applic

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 2691

Lot Info

  • Property Attached Yn: No
  • Current Use: Apt<20
  • Lot Size Sq Ft: 87
  • Parcel Number: 891804110637000030
  • Zoning: Residential
  • Acres: <1/4 Acre
  • Price Acre: 1780000

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Lawncare

Multi Family

  • Gross Income: 16482
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 752
  • Tax Lot: 2222
  • Semi Annual Property Tax Amt: 376

MLS Schools

  • Elementary School: Vaile Elementary School
  • High School: Richmond High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
May 4, 2023
Sold by
Labrador Investments Llc
Bought by
Garcia Mauricio Mendez
Seller's Agent
Kaylee Cawthorne-Fettig
Circle City Realty, LLC
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$89,000
Sold Price
$89,000
Views
162
Current Estimated Value
$95,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,692
Avg. Annual Appreciation
3.12%
Original Mortgage
$84,550
Outstanding Balance
$82,655
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$12,780

Purchase Details

Closed on
Aug 22, 2013
Sold by
Custom Door Products Inc
Bought by
Corporate Leasing Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garcia Mauricio Mendez $89,000 --
Corporate Leasing Llc $55,001 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Mauricio Mendez $84,550
Previous Owner Labrador Investments Llc $128,000
Previous Owner Corporate Leasing Llc $298,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $89,000 0.0% $47 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
02/18/2023 02/18/23 For Sale $89,000 -- $47 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,564 $78,200 $1,700 $76,500
2023 $818 $40,900 $1,500 $39,400
2022 $816 $40,800 $1,500 $39,300
2021 $752 $37,600 $1,500 $36,100
2020 $752 $37,600 $1,500 $36,100
2019 $734 $36,700 $1,500 $35,200
2018 $774 $38,700 $1,500 $37,200
2017 $766 $38,300 $1,500 $36,800
2016 $766 $38,300 $1,500 $36,800
2014 $792 $39,600 $1,500 $38,100
2013 $792 $38,300 $1,500 $36,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21906689

MIBOR Broker Listing Cooperative®

APN: 89-18-04-110-637.000-030