NOT LISTED FOR SALE

116 SW 7th St Richmond, IN 47374

Estimated Value: $131,000 - $146,000

3 Beds
2 Baths
1,624 Sq Ft
$85/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $92,000 $57 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $864/month

1 Day on Market

Highlights

  • Covered patio or porch
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Forced Air Heating System
  • Gas Fireplace

About This Home

As of October 2020

This home is located at 116 SW 7th St, Richmond, IN 47374 since 08 August 2020 and is currently estimated at $138,286, approximately $85 per square foot. This property was built in 1910. 116 SW 7th St is a home located in Wayne County with nearby schools including Westview Elementary School, Dennis Intermediate School, and Richmond High School.

Last Agent to Sell the Property

Alfredo Diamond

Better Homes and Gardens First Realty Group Listed on: 08/08/2020

Better Homes and Gardens First Realty Group

Last Buyer's Agent

Tracie Robinson

Better Homes and Gardens First Realty Group License #RB14043010

Better Homes and Gardens First Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,124

Year Built

  • Built in 1910

Lot Details

  • 3,615 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,624 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Westview Elementary School
  • Dennis/Test Middle School
  • Richmond High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,124

Year Built

Built in 1910

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 116 SW 7th Street
  • Second Address Number: 116
  • Estimated Year Built: 1910
  • Estimated Size Bathroom 1: Full
  • Estimated Size Bathroom 2: Full
  • Estimated Size Bedroom 1: 16x17
  • Estimated Dining Room Size: 12x15
  • Dining Rm Level: L
  • E X E M P T: Homestead Credit, Mortgage
  • Family Room Estimated Size: 19x13
  • Geo Address Line: 116 SW 7th St
  • Geo Longitude: -84.91116
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 59400
  • Land Valuation: 7800
  • Estimated Living Room Size: 15x16
  • Living Rm Level: L
  • OFFICELIST_STATE: IN
  • Storage Bldg Approx Size: 10x12
  • Building Stories: 2
  • Building Style: 2 Story
  • Tax Dup Number: 891806220524000030
  • Taxes Half: 442.33
  • Total Assessed Value: 67200
  • Estimated Utility Room Size: Main
  • Utility Room Level: L
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Total Number Rooms: 9
  • Primary Bathroom: No
  • Has Basement: Yes, Partial Basement
  • Estimated Size Bedroom 2: 8x13
  • Estimated Size Bedroom 3: 9x12
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: Gas Burning
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 10x15
  • Price Per S Q F T: 56.65
  • Basement Type: Single Family

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Fencing: Chain
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Age: 10
  • Roof Type: Shingle

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Electric Company: Richmond Power & Light
  • Gas Company: CenterPoint/Vectren
  • Heat Type: Gas, Forced Air
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Westview
  • Middle School: Dennis/Test
  • High School: Richmond
  • Elementary School: Westview
  • High School: Richmond
  • Middle School: Dennis/Test

Lot Info

  • Geo Update Timestamp: 2020-08-10
  • Estimated Number Acres: 0.083
  • Land Contract: No
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Oct 15, 2020
Sold by
Diamond Alfredo
Bought by
Souza Jade and Hogan Meta K
Seller's Agent
Alfredo Diamond
Better Homes and Gardens First Realty Group
Buyer's Agent
Tracie Robinson
Better Homes and Gardens First Realty Group
List Price
$93,500
Sold Price
$92,000
Premium/Discount to List
-$1,500
-1.6%
Current Estimated Value
$138,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,286
Avg. Annual Appreciation
8.59%
Original Mortgage
$82,800
Outstanding Balance
$74,183
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$61,104

Purchase Details

Listed on
Jul 10, 2020
Closed on
Jul 24, 2020
Sold by
Baldwin James S and Baldwin Ruth A
Bought by
Diamond Alfredo
Seller's Agent
Alfredo Diamond
Better Homes and Gardens First Realty Group
Buyer's Agent
Alfredo Diamond
Better Homes and Gardens First Realty Group
List Price
$38,000
Sold Price
$38,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4572.87%

Purchase Details

Listed on
Dec 3, 2015
Closed on
Dec 23, 2015
Sold by
Sr
Bought by
Holbrook Jeremiah D and Holbrook Cassandra M
Seller's Agent
Chris Thompson
Better Homes and Gardens First Realty Group
Buyer's Agent
Chris Thompson
Better Homes and Gardens First Realty Group
List Price
$59,500
Sold Price
$59,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.31%
Source: Public Records

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Range of Values:

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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
Souza Jade -- None Available
Diamond Alfredo $38,000 Empire Title
Holbrook Jeremiah D $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Souza Jade $82,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $92,000 -1.6% $57 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $93,500 +146.1% $58 / Sq Ft
07/24/2020 07/24/20 Sold $38,000 0.0% $23 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $38,000 -36.1% $23 / Sq Ft
12/23/2015 12/23/15 Sold $59,500 0.0% $37 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
12/03/2015 12/03/15 For Sale $59,500 -- $37 / 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 $1,124 $112,400 $9,000 $103,400
2023 $984 $98,400 $7,800 $90,600
2022 $966 $96,600 $7,800 $88,800
2021 $915 $91,500 $7,800 $83,700
2020 $864 $67,200 $7,800 $59,400
2019 $885 $68,500 $7,800 $60,700
2018 $913 $68,100 $7,800 $60,300
2017 $863 $67,600 $7,800 $59,800
2016 $937 $72,900 $7,800 $65,100
2014 $1,318 $65,600 $7,800 $57,800
2013 $1,318 $61,800 $7,800 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10039276

APN: 89-18-06-220-524.000-030