NOT LISTED FOR SALE

1222 S D St Unit 1224 S D Street Richmond, IN 47374

Estimated Value: $52,987 - $70,000

3 Beds
1 Bath
960 Sq Ft
$63/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $62,500 $65 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $384/month

164 Days on Market

Highlights

  • Covered patio or porch
  • Multiple Water Heaters
  • Wood Siding
  • Central Air

About This Home

As of February 2024

TURN KEY INVESTMENT OPPORTUNITY. The left side has 3 beds and 1 bath. The right side has 3 beds, 1.5 baths. Utilities are metered separately. Call/text Amanda Smith at 765-9696-1660 to schedule your private viewing.

Last Agent to Sell the Property

Amanda Smith

Fathom Realty Listed on: 08/02/2023

Fathom Realty

Last Buyer's Agent

Derek Tiemann

Fathom Realty

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $526

Year Built

  • Built in 1920

Lot Details

  • 2,744 Sq Ft Lot
  • Lot Dimensions are 54x51

Parking

  • No Garage

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Basement

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Air
  • Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Multiple Water Heaters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$526

Year Built

Built in 1920

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 1222 S D Street
  • Second Address Number: 1222
  • Estimated Year Built: 1920
  • 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, FHA
  • Geo Address Line: 1222 S D St
  • Geo Longitude: -84.885392
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Number Three Bed Units: 2
  • Split Utilities: Yes
  • Unit 1 Appliances: Refrigerator
  • Unit 1 Heat Type: Furnace, Gas
  • Unit 2 Heat Type: Furnace, Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Price Per S Q F T: 65.1
  • Basement Type: Duplex

Exterior Features

  • Exterior Construction: Block
  • Exterior: Wood
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Age: 5 years
  • Roof Type: Shingle

Garage/Parking

  • Garage Type: None

Utilities

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

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Lot Info

  • Geo Update Timestamp: 2023-08-02
  • Estimated Number Acres: 0.063
  • Land Contract: No
  • Lot Size: 54x51
  • Zoning: residential

Multi Family

  • Number Furnaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Feb 1, 2024
Sold by
Rabe Resid Properties Llc
Bought by
Tiemann Properties Llc
Seller's Agent
Amanda Smith
Fathom Realty
Buyer's Agent
Derek Tiemann
Fathom Realty
List Price
$84,900
Sold Price
$62,500
Premium/Discount to List
-$22,400
-26.38%
Views
369
Current Estimated Value
$61,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,027
Avg. Annual Appreciation
-5.26%
Original Mortgage
$46,875
Outstanding Balance
$44,182
Interest Rate
5.93%
Mortgage Type
New Conventional
Estimated Equity
$13,479

Purchase Details

Closed on
May 2, 2006
Sold by
Elsrto Jack
Bought by
Rabe Residential Properties Llc

Purchase Details

Closed on
Mar 11, 2006
Sold by
Sullivan Sherry L
Bought by
Elstro Jack
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
Tiemann Properties Llc $62,500 None Listed On Document
Rabe Residential Properties Llc -- --
Elstro Jack $4,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiemann Properties Llc $46,875
Closed Rabe Residential Properties Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $62,500 -26.4% $65 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
11/30/2023 11/30/23 For Sale $84,900 +35.8% $88 / Sq Ft
11/17/2023 11/17/23 Off Market $62,500 -- --
08/02/2023 08/02/23 For Sale $84,900 -- $88 / 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 $526 $26,300 $2,100 $24,200
2023 $460 $23,000 $1,800 $21,200
2022 $468 $23,400 $1,800 $21,600
2021 $432 $21,600 $1,800 $19,800
2020 $432 $21,600 $1,800 $19,800
2019 $432 $21,600 $1,800 $19,800
2018 $447 $22,100 $1,800 $20,300
2017 $460 $22,800 $1,800 $21,000
2016 $460 $22,800 $1,800 $21,000
2014 $444 $22,000 $1,800 $20,200
2013 $444 $22,200 $1,800 $20,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10046745

APN: 89-18-04-140-419.000-030