NOT LISTED FOR SALE

108 S 12th St Unit 110 SOUTH 12TH STREE Richmond, IN 47374

Estimated Value: $58,000 - $89,013

2 Beds
1 Bath
2,568 Sq Ft
$28/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $29,500 $11 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $477/month

80 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Washer and Dryer
  • Multiple Fireplaces
  • Multiple Water Heaters
  • 2-minute walk to Tenth Street Park

About This Home

As of January 2018

Great duplex opportunity! Renters in unit #110 have been there for 11 years and want to continue. Unit #108 is vacant and ready to move in or rent. Shingles and siding are approximately 10 years old. Separate utilities, paid by tenants. Nice covered front porch, off street parking off alley. Both units have main level laundry. Unit 108 features 1½ baths. Call or text Marc (765) 967-6272.

Last Agent to Sell the Property

Marc Duning

Coldwell Banker Lingle License #RB14041676 Listed on: 09/22/2017

Coldwell Banker Lingle

Co-Listed By

Rhonda Duning

Coldwell Banker Lingle License #RB14041650

Last Buyer's Agent

STEVE HOLTHOUSE

Coldwell Banker Lingle License #RB14046937

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,002

Year Built

  • Built in 1921

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x165

Home Design

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

Interior Spaces

  • 2,568 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Non-Functioning Fireplace
  • Window Treatments
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Kitchen

  • Gas Range
  • Disposal

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Vaile Elementary School
  • Test Middle School
  • Richmond High School

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,002

Year Built

Built in 1921

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 108 S 12TH STREET
  • Second Address Number: 108
  • Estimated Year Built: 1921
  • Directions: SOUTH 12TH STREET - 1ST OFF OF SOUTH A ST
  • E X E M P T: None
  • Geo Address Line: 108 S 12th St
  • Geo Longitude: -84.88663
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Number Two Bed Units: 2
  • Split Utilities: No
  • Unit 1 Appliances: Disposal, Range-Gas, Refrigerator, Washer/Dryer
  • Unit 1 Heat Type: Furnace, Gas
  • Unit 2 Appliances: Disposal
  • Unit 2 Heat Type: Furnace, Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1921

Interior Features

  • Total Number Rooms: 13
  • Amenities: Cable TV
  • Has Basement: Yes, Full Basement
  • Fireplace: Non-Working, 2
  • Price Per S Q F T: 11.49
  • Basement Type: Duplex
  • Window Treatments Stay: All

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Foundation: Basement
  • Porch/Deck Type: Covered, Deck, Porch
  • Roof Age: 10+/-
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Driveway: ALLEY

Utilities

  • Electric Company: Richmond Power and Light
  • Gas Company: Vectren Gas Company
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas
  • Number Water Heaters: 2

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • Elementary School: Vaile
  • Middle School: Test
  • High School: Richmond
  • Elementary School: Vaile
  • High School: Richmond
  • Middle School: Test

Lot Info

  • Geo Update Timestamp: 2018-01-19
  • Estimated Number Acres: 0.19
  • Land Contract: No
  • Lot Size: 50X165
  • Zoning: RESIDENTIAL

Multi Family

  • Number Furnaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2017
Closed on
Jan 22, 2018
Sold by
Milligan Karen S
Bought by
Smith Dennis
Seller's Agent
Marc Duning
Coldwell Banker Lingle
Buyer's Agent
STEVE HOLTHOUSE
Coldwell Banker Lingle
List Price
$35,000
Sold Price
$29,500
Premium/Discount to List
-$5,500
-15.71%
Current Estimated Value
$72,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,253
Avg. Annual Appreciation
10.98%
Original Mortgage
$23,600
Outstanding Balance
$7,653
Interest Rate
3.94%
Mortgage Type
Closed End Mortgage
Estimated Equity
$57,649
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
Smith Dennis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Dennis $23,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2018 01/19/18 Sold $29,500 -15.7% $11 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $35,000 -- $14 / 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 $1,002 $50,100 $4,500 $45,600
2023 $886 $44,300 $4,000 $40,300
2022 $886 $44,300 $4,000 $40,300
2021 $818 $40,900 $4,000 $36,900
2020 $818 $40,900 $4,000 $36,900
2019 $800 $40,000 $4,000 $36,000
2018 $952 $47,600 $4,000 $43,600
2017 $944 $47,200 $4,000 $43,200
2016 $934 $46,700 $4,000 $42,700
2014 $710 $35,500 $4,000 $31,500
2013 $710 $34,500 $4,000 $30,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10031912

APN: 89-18-04-110-605.000-030