NOT LISTED FOR SALE

104 N 18th St Richmond, IN 47374

Estimated Value: $56,000 - $71,000

5 Beds
3 Baths
2,279 Sq Ft
$28/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $45,000 $20 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $421/month

19 Days on Market

Highlights

  • Covered Patio or Porch
  • Outdoor Storage
  • Washer and Dryer
  • Detached Garage
  • Multiple Water Heaters
  • 5-minute walk to Starr Park

About This Home

As of December 2019

This is a fantastic opportunity to invest in your portfolio. If you love to invest, but not to much on improving the property, this one is for you. Two story tri-plex located in the historic Starr distract, completely updated with new siding, new windows, new water heaters, freshly painted interior and much more to have happy and comfortble tenants. Three units, 1 lower, great size living room, kitchen, and dining area with a great bay window allowing natural light througout. All the essential appliances included, new stainless steel refridgerator, gas stove and washer and dryer. Gas heat. 1 upper, great size apartment, kitchen includes appliances, and washer and dryer. Gas heat. Studio apt 3 small and quaint. Cute kitchen with stackable washer and dryer, stove and fridge. This unit is total electric. Investors, its that time of the year to make your final choices for 2019. This one will be the first to sell, due to the profitability and low, low vacancy rate over the years! Don't miss out! Call Amy Walton today for your private showing at 765-993-2825. Tenants rights apply 48 hour notice.

Last Agent to Sell the Property

AMY WALTON

Coldwell Banker Lingle License #RB14046449 Listed on: 11/13/2019

Coldwell Banker Lingle

Last Buyer's Agent

AMY WALTON

Coldwell Banker Lingle License #RB14046449 Listed on: 11/13/2019

Coldwell Banker Lingle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $397

Year Built

  • Built in 1900

Lot Details

  • 5,097

Parking

  • Detached Garage

Home Design

  • Triplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,279 Sq Ft Home
  • 2-Story Property
  • Non-Functioning Fireplace
  • Window Treatments
  • Gas Range
  • Washer and Dryer
  • Basement

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Test Middle School
  • Richmond High School

Utilities

  • Heating System Uses Gas
  • Furnace
  • Separate Meters
  • Multiple Water Heaters
  • Cable TV Available

Additional Features

  • Lot Dimensions are 39x131
  • Efficiency Studio Dwelling Unit

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$397

Year Built

Built in 1900

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 104 N 18TH STREET
  • Second Address Number: 104
  • Estimated Year Built: 1900
  • Average Water Per Month: 200.00
  • F I N A N C I N G O F F E R E D: Cash, FHA, FHA 1st Buyer
  • Geo Address Line: 104 N 18th St
  • Geo Longitude: -84.877839
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Number One Bed Units: 2
  • Split Utilities: Yes
  • Storage Building: Y
  • Unit 1 Appliances: Range-Gas, Refrigerator, Washer/Dryer
  • Unit 1 Heat Type: Gas
  • Unit 2 Appliances: Range-Electric, Refrigerator, Washer/Dryer
  • Unit 2 Heat Type: Electric
  • Unit 3 Appliances: Range-Gas, Refrigerator, Washer/Dryer
  • Unit 3 Heat Type: Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Amenities: Cable TV
  • Has Basement: Yes
  • Fireplace: Non-Working
  • Price Per S Q F T: 19.75
  • Basement Type: Triplex
  • Window Treatments Stay: Some

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Age: 9 YEARS
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Garage Type: Garage-Detached

Utilities

  • Number Water Heaters: 3

Condo/Co-op/Association

  • Number of Units: 3

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 397

Schools

  • Middle School: Test
  • High School: Richmond
  • High School: Richmond
  • Middle School: Test

Lot Info

  • Geo Update Timestamp: 2019-11-13
  • Land Contract: No
  • Lot Size: 39X131

Multi Family

  • Number Furnaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
Dec 18, 2019
Sold by
Statzer Enterprises Llc
Bought by
Ramirez Garcia
Seller's Agent
AMY WALTON
Coldwell Banker Lingle
Buyer's Agent
AMY WALTON
Coldwell Banker Lingle
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%
Current Estimated Value
$63,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,500
Avg. Annual Appreciation
3.93%
Original Mortgage
$33,750
Outstanding Balance
$23,598
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$32,402

Purchase Details

Listed on
Nov 1, 2015
Closed on
Jan 12, 2016
Sold by
Carpe Diem Capital Llc
Bought by
Statzer Enterprises Llc and Murr Properties Llc
Seller's Agent
Debbie Rudd
Better Homes and Gardens First Realty Group
Buyer's Agent
AMY WALTON
Coldwell Banker Lingle
List Price
$39,900
Sold Price
$24,500
Premium/Discount to List
-$15,400
-38.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.73%

Purchase Details

Closed on
May 22, 2009
Sold by
Mahaffey Jerome D and Mahaffey Jarette D
Bought by
Carpe Diem Capital Llc

Purchase Details

Closed on
Nov 11, 2007
Sold by
Laswon Elwood and Laswon Wilma June
Bought by
Mahaffey Jerome D and Mahaffey Jaretta D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,480
Interest Rate
6.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Ramirez Garcia -- None Available
Statzer Enterprises Llc -- Attorney
Carpe Diem Capital Llc -- --
Mahaffey Jerome D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Garcia $33,750
Previous Owner Mahaffey Jerome D $28,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2019 12/18/19 Sold $45,000 -9.8% $20 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/13/2019 11/13/19 For Sale $49,900 +103.7% $22 / Sq Ft
01/14/2016 01/14/16 Sold $24,500 -38.6% $12 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
11/01/2015 11/01/15 For Sale $39,900 -- $19 / Sq Ft
Source: Richmond Association of REALTORS®

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 $896 $44,800 $5,200 $39,600
2023 $786 $39,300 $4,600 $34,700
2022 $796 $39,800 $4,600 $35,200
2021 $734 $36,700 $4,600 $32,100
2020 $768 $38,400 $4,600 $33,800
2019 $776 $38,800 $4,600 $34,200
2018 $796 $39,800 $4,600 $35,200
2017 $788 $39,400 $4,600 $34,800
2016 $812 $40,600 $4,600 $36,000
2014 $784 $39,200 $4,600 $34,600
2013 $784 $38,000 $4,600 $33,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10037604

APN: 89-16-33-430-324.000-030