NOT LISTED FOR SALE

122 S 16th St Richmond, IN 47374

Estimated Value: $84,000 - $131,000

4 Beds
3 Baths
3,590 Sq Ft
$30/Sq Ft Est. Value

Last Sold January 29, 2019

Last sale price $125,000 $35 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $756/month

43 Days on Market

Highlights

  • Main Floor Bedroom
  • Living Room
  • Dining Room
  • First Floor Utility Room

About This Home

As of January 2019

One decade after the Civil War had ended, building, Craftsmanship, home ownership was a bomb! This beautiful home has been able to keep much of its original beauty as you will see from the photographs. It is currently and very well maintained Triplex which is generating a nice income $850.00 from the two smaller units. This beauty could easily be restored to its past granger if one would be so inclined. The front apartment could be used as the owners suite which has approximately 1,500 sq. ft., roomy enough for most while renovating. The owners suite would allow you to enjoy the amazing woodwork and awesome front porch during that time frame. Or one could keep as a Triplex, keep the passive income of $850.00 a month, which is more than enough to cover the mortgage payment and just save for a rainy day! If you’re not familiar with Richmond South 16th Street, it is lined with beautiful well maintained Historic homes. The street is so wide you can still visualize the horse and buggies passing and the drivers tipping their hats to one another for well wishes of a good day! Copies of leases and deposits will be transferred at closing. Please call for additional information or to schedule your appointment to preview this lovely home. Rhonda 765-967-7466, Marc, 765-967-6262

Last Agent to Sell the Property

Rhonda Duning

Coldwell Banker Lingle License #RB14041650 Listed on: 11/09/2018

Coldwell Banker Lingle

Last Buyer's Agent

CHRIS HARTMAN

Better Homes and Gardens First Realty Group License #RB14043709

Better Homes and Gardens First Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,265

Year Built

  • Built in 1875

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 66x127

Interior Spaces

  • 3,590 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Parking

  • 2.5 Car Garage
  • Driveway

Schools

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,265

Year Built

Built in 1875

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 122 S 16TH STREET
  • Second Address Number: 122
  • Estimated Year Built: 1875
  • Average Monthly Electric: 124.50
  • Average Monthly Gas: 124.00
  • Bathroom 1 Comments: REMODLED
  • Estimated Size Bedroom 1: 16X18
  • Estimated Dining Room Size: 12X15
  • Dining Room Comments: BUILT IN CUPBOARD
  • Dining Rm Level: M
  • Geo Address Line: 122 S 16th St
  • Geo Longitude: -84.88089
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: M
  • Estimated Living Room Size: 12X27
  • Living Rm Comments: POCKET DOORS
  • Living Rm Level: M
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Taxes Half: 834.00
  • Estimated Utility Room Size: 3X5.10
  • Utility Room Comments: KITCHEN PANTRY
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1875

Interior Features

  • Total Number Rooms: 12
  • Bedroom 1 Level: U
  • Bathroom 1 Level: U
  • Primary Bathroom: No
  • Kitchen Comments: REMOLDED
  • Has Basement: Yes
  • Estimated Size Bedroom 2: 12X16
  • Bedroom 2 Level: U
  • Estimated Size Bedroom 3: 12X14.5
  • Bedroom 3 Level: M
  • Estimated Size Bedroom 4: 12X14.5
  • Bedroom 4 Level: U
  • Lower Floor 1 Bedrooms: 4
  • Lower Floor 1 Half Bathrooms: 0
  • Price Per S Q F T: 34.82
  • Basement Type: Single Family

Exterior Features

  • Roof Age: 2 YEARS

Garage/Parking

  • Driveway: CONCRETE
  • Garage Capacity: 2.5

Fee Information

  • Tax Class: RESIDENTIAL

Schools

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

Lot Info

  • Geo Update Timestamp: 2018-11-09
  • Estimated Number Acres: 0.19
  • Land Contract: No
  • Lot Size: 66X127
  • Zoning: RESIDENTIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Jan 25, 2019
Sold by
Cate James E
Bought by
Fields Arthur F
Seller's Agent
Rhonda Duning
Coldwell Banker Lingle
Buyer's Agent
CHRIS HARTMAN
Better Homes and Gardens First Realty Group
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$107,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,000
Avg. Annual Appreciation
-2.30%
Original Mortgage
$100,000
Outstanding Balance
$87,918
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$19,082
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
Fields Arthur F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fields Arthur F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2019 01/29/19 Sold $125,000 -3.8% $35 / Sq Ft
12/22/2018 12/22/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $129,900 -- $36 / 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 $2,265 $145,100 $11,400 $133,700
2023 $1,995 $127,800 $10,000 $117,800
2022 $1,931 $129,100 $10,000 $119,100
2021 $1,777 $118,800 $10,000 $108,800
2020 $1,752 $118,800 $10,000 $108,800
2019 $1,110 $81,200 $10,000 $71,200
2018 $1,678 $83,900 $10,000 $73,900
2017 $1,668 $83,400 $10,000 $73,400
2016 $1,668 $83,400 $10,000 $73,400
2014 $1,894 $94,700 $10,000 $84,700
2013 $1,894 $91,800 $10,000 $81,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10034853

APN: 89-18-04-120-808.000-030