NOT LISTED FOR SALE

118 S 7th St Unit 118 1/2 S 7TH STREET Richmond, IN 47374

Estimated Value: $54,000 - $102,000

5 Beds
2 Baths
2,516 Sq Ft
$28/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $47,000 $19 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $431/month

24 Days on Market

Highlights

  • Covered Patio or Porch
  • Baseboard Heating
  • 5-minute walk to Richmond Park
  • Air Conditioning
  • Wood Siding

About This Home

As of November 2021

Original woodwork...high ceilings...large rooms. Both lower and upper units have covered porches. Upper unit has 2 separate entrances plus a large bonus room with washer and dryer hook-up. Nice back yard with 2 parking spaces off alley. note: plaster damage on one ceiling and paint peeling on an other...having contractors evaluating.

Last Agent to Sell the Property

Marc Duning

Coldwell Banker Lingle License #RB14041676 Listed on: 07/01/2021

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

  • $758

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35x132

Parking

  • No Garage

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,516 Sq Ft Home
  • 2-Story Property
  • Non-Functioning Fireplace
  • Window Treatments
  • Electric Range
  • Basement

Outdoor Features

  • Covered Patio or Porch

Schools

  • Richmond High School

Utilities

  • Air Conditioning
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Furnace
  • Baseboard Heating
  • Separate Meters
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • $2,820 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$758

Year Built

Built in 1900

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 118 S 7TH STREET
  • Second Address Number: 118
  • Estimated Year Built: 1900
  • E X E M P T: None
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 118 S 7th St
  • Geo Longitude: -84.893051
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Number Two Bed Units: 2
  • Split Utilities: Yes
  • Unit 1 Appliances: Refrigerator
  • Unit 1 Heat Type: Furnace, Gas
  • Unit 2 Appliances: Range-Electric, Refrigerator
  • Unit 2 Heat Type: Baseboard, Electric, Furnace, Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Number Rooms: 11
  • Amenities: Cable TV
  • Has Basement: Yes
  • Fireplace: Non-Working
  • Price Per S Q F T: 18.68
  • Basement Type: Duplex
  • Window Treatments Stay: All

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Frame, Wood
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Age: 21 YEARS
  • Roof Type: Asphalt

Garage/Parking

  • Driveway: ALLEY
  • Garage Type: None

Utilities

  • Air Conditioner: Window, 1
  • Electric Company: Richmond Power and Light
  • Gas Company: Vectren Gas Company
  • Sewer: City

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • High School: Richmond
  • High School: Richmond

Lot Info

  • Geo Update Timestamp: 2021-07-06
  • Estimated Number Acres: 0.11
  • Land Contract: No
  • Lot Size: 35X132
  • Zoning: 2 FAMILY DWELL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Nov 12, 2021
Sold by
Richard Thomas W
Bought by
Devaungh-Sleet Ricardo J
Seller's Agent
Marc Duning
Coldwell Banker Lingle
Buyer's Agent
STEVE HOLTHOUSE
Coldwell Banker Lingle
List Price
$52,500
Sold Price
$47,000
Premium/Discount to List
-$5,500
-10.48%
Current Estimated Value
$69,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,823
Avg. Annual Appreciation
11.65%
Original Mortgage
$46,148
Outstanding Balance
$42,760
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$29,225

Purchase Details

Closed on
Jun 22, 2015
Sold by
Carol J Northern
Bought by
Thomas W Richard
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
Devaungh-Sleet Ricardo J $47,000 None Available
Thomas W Richard $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devaungh-Sleet Ricardo J $46,148
Previous Owner Northern Carol J $66,500
Previous Owner Northern Carol J $72,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $47,000 -10.5% $19 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $52,500 -- $21 / 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 $758 $52,600 $6,200 $46,400
2023 $667 $46,300 $5,400 $40,900
2022 $570 $46,800 $5,400 $41,400
2021 $550 $45,200 $5,400 $39,800
2020 $904 $45,200 $5,400 $39,800
2019 $908 $45,400 $5,400 $40,000
2018 $904 $45,200 $5,400 $39,800
2017 $894 $44,700 $5,400 $39,300
2016 $896 $44,800 $5,400 $39,400
2014 $368 $45,400 $5,400 $40,000
2013 $368 $44,000 $5,400 $38,600
Source: Public Records

Agents Affiliated with this Home

  • Marc Duning

    Seller's Agent in 2021

    Marc Duning

    Coldwell Banker Lingle

    (765) 967-6272

    193 Total Sales

    Marc Duning
    Section Image
  • Rhonda Duning

    Seller Co-Listing Agent in 2021

    Rhonda Duning

    Coldwell Banker Lingle

    (765) 967-7466

    236 Total Sales

    Rhonda Duning
    Section Image

  • S

    Buyer's Agent in 2021

    STEVE HOLTHOUSE

    Coldwell Banker Lingle

See All Agents

Map

Source: Richmond Association of REALTORS®

MLS Number: 10041575

APN: 89-18-05-220-536.000-030

Indiana Wayne County Richmond 47374

118 S 7th St Unit 118 1/2 S 7TH STREET, Richmond, IN

This home is located at 118 S 7th St Unit 118 1/2 S 7TH STREET, Richmond, IN 47374 since 01 July 2021 and is currently estimated at $69,823, approximately $27 per square foot. This property was built in 1900. 118 S 7th St Unit 118 1/2 S 7TH STREET is a home located in Wayne County with nearby schools including Crestdale Elementary School, Dennis Middle School, and Richmond High School.

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