$12,500
SOLD FEB 27, 2018

120 S 3rd St Richmond, IN 47374

-- Bed
-- Bath
2,886 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$4 Per Sq Ft

43% Below List Price

150 Days on Market

Highlights

  • Covered Patio or Porch
  • Efficiency Studio Dwelling Unit
  • 5-minute walk to Veteran's Memorial Park - Wayne County

About This Home

As of March 2018

This two story property that was built in 1838 has a lot of history. It can be used as a single family or a multiplex. You can live in one unit while fixing up the other parts of the property. This will make a great investment property.

Last Agent to Sell the Property

Rick Robinson

Robinson Real Estate License #RB14041984 Listed on: 09/11/2017

Last Buyer's Agent

Tony Tate

Robinson Real Estate License #RB14047795

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $793

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 46 x 165

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,886 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Partial Basement
  • Crawl Space

Additional Features

  • Covered Patio or Porch
  • Efficiency Studio Dwelling Unit

Community Details

  • 4 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$793

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 120 S 3rd Street
  • Second Address Number: 120
  • Bank Corporate Owned: Yes
  • F I N A N C I N G O F F E R E D: Cash
  • Geo Address Line: 120 S 3rd St
  • Geo Longitude: -84.89798
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 47900
  • Land Valuation: 16000
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 0294055700
  • Taxes Half: 288.29
  • Total Assessed Value: 63900
  • Number One Bed Units: 3
  • Split Utilities: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Number Rooms: 12
  • Has Basement: Yes, Partial Basement, Unfinished
  • Price Per S Q F T: 4.33
  • Basement Type: 4-Plex
  • Window Treatments Stay: None

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Brick
  • Foundation: Crawl, Basement
  • Porch/Deck Type: Covered
  • Roof Type: Shingle

Utilities

  • Electric Company: Richmond Power and Light
  • Gas Company: Vectren Gas Company
  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Number of Units: 4

Fee Information

  • Tax Class: MULTI-FAMILY

Lot Info

  • Geo Update Timestamp: 2018-02-27
  • Estimated Number Acres: 0.17
  • Land Contract: No
  • Lot Size: 46 X 165
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2023
Sold by
Widau Michael and Widau Terri
Bought by
Allen Blaine M
Current Estimated Value
$113,460

Purchase Details

Listed on
Dec 11, 2017
Closed on
Feb 21, 2018
Sold by
Fnma
Bought by
Watson Robert
Seller's Agent
Tony Tate
Robinson Real Estate
Buyer's Agent
Tony Tate
Robinson Real Estate
List Price
$16,000
Sold Price
$12,500
Premium/Discount to List
-$3,500
-21.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.14%

Purchase Details

Closed on
Aug 16, 2017
Sold by
Phh Mortgage Corporation
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Aug 1, 2005
Sold by
Ponder Betty J
Bought by
Scherer Janell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,030
Interest Rate
5.66%
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $12,500 --
Sheriffs Deed $159,000 None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $45,000 New Conventional
Previous Owner $60,000 No Value Available
Previous Owner $47,030 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2018 03/08/18 Sold $12,500 0.0% $4 / Sq Ft
02/27/2018 02/27/18 Sold $12,500 -21.9% $4 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
02/08/2018 02/08/18 Pending -- -- --
12/11/2017 12/11/17 For Sale $16,000 -26.9% $6 / Sq Ft
09/11/2017 09/11/17 For Sale $21,900 -- $8 / 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 $793 $55,000 $18,200 $36,800
2023 $696 $48,300 $16,000 $32,300
2022 $972 $48,600 $16,000 $32,600
2021 $906 $45,300 $16,000 $29,300
2020 $888 $44,400 $16,000 $28,400
2019 $884 $44,200 $16,000 $28,200
2018 $1,321 $65,500 $16,000 $49,500
2017 $1,278 $63,900 $16,000 $47,900
2016 $577 $63,900 $16,000 $47,900
2014 $532 $62,300 $16,000 $46,300
2013 $532 $64,000 $16,000 $48,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rick Robinson

    Robinson Real Estate

    (765) 939-3161

    8 Total Sales

    Rick Robinson
    Section Image

  • T

    Seller's Agent in 2018

    Tony Tate

    Robinson Real Estate

See All Agents

Map

Source: Richmond Association of REALTORS®

MLS Number: 10031833

APN: 89-18-05-210-526.000-030

Indiana Wayne County Richmond 47374

120 S 3rd St, Richmond, IN

This home is located at 120 S 3rd St, Richmond, IN 47374 and is currently priced at $12,500, approximately $4 per square foot. 120 S 3rd St is a home located in Wayne County with nearby schools including Crestdale Elementary School, Dennis Middle School, and Richmond High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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