NOT LISTED FOR SALE

1509 S 3rd St Richmond, IN 47374

Estimated Value: $40,000 - $63,000

2 Beds
1.5 Baths
912 Sq Ft
$61/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $48,900 $54 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $334/month

2 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Covered patio or porch

About This Home

As of March 2023

Nice little south side home on a dead end street! This 2 bed, 1.5 bath home is ready for its new owner! Property has been a rental for an extended period of time and has had tremendous upside bringing in steady passive income. The interior of the home has been completely updated and is move-in ready, has a nice open floor plan with a large half bath in the hall along with the secondary bedroom which also has ample space. The master bedroom is located at the rear and has a nice vaulted ceiling, huge walk-in closet and a really nice full master bath! Property has a full walkout basement where you will find the furnace and a brand new water heater (also has newer a/c !). This home would make a great add to your real estate investment portfolio or an excellent starter home. Coming in at $48,900, it will not last long! Call/text Derek Callahan at (765) 277-1910 to set up your private tour today and to talk about possible financing options!

Last Agent to Sell the Property

Derek Callahan

Coldwell Banker Lingle License #RB19001795 Listed on: 02/18/2023

Coldwell Banker Lingle

Last Buyer's Agent

Derek Callahan

Coldwell Banker Lingle License #RB19001795 Listed on: 02/18/2023

Coldwell Banker Lingle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $289

Year Built

  • Built in 1955

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions are 39x162
  • Back Yard Fenced
  • Chain Link Fence

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Richmond High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$289

Year Built

Built in 1955

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 1509 S 3RD STREET
  • Second Address Number: 1509
  • Estimated Year Built: 1955
  • E X E M P T: Homestead Credit
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 1509 S 3rd St
  • Geo Longitude: -84.899229
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Tax Dup Number: 89-18-08-230-407.000-030
  • Taxes Half: $201.99
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1955

Interior Features

  • Total Number Rooms: 6
  • Primary Bathroom: Yes
  • Amenities: Cable TV
  • Has Basement: Yes
  • Lower Floor 1 Bedrooms: 2
  • Lower Floor 1 Half Bathrooms: 1
  • Price Per S Q F T: 53.62
  • Basement Type: Single Family
  • Window Treatments Stay: All

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Aluminum, Vinyl
  • Fencing: Chain, Partial, Back
  • Porch/Deck Type: Covered, Deck
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Garage Capacity: 0

Utilities

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

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • High School: Richmond
  • High School: Richmond

Lot Info

  • Geo Update Timestamp: 2023-02-18
  • Estimated Number Acres: 0.145
  • Land Contract: No
  • Lot Size: 39X162
  • Zoning: RESIDENTIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 13, 2023
Sold by
Smith Kyle I
Bought by
Warren Jeremy W and Warren Tasha K
Seller's Agent
Derek Callahan
Coldwell Banker Lingle
Buyer's Agent
Derek Callahan
Coldwell Banker Lingle
List Price
$48,900
Sold Price
$48,900
Views
85
Current Estimated Value
$55,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,745
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
Apr 16, 2015
Sold by
Davis Torrance
Bought by
Smith Kyle I
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
Warren Jeremy W $48,900 --
Smith Kyle I $12,400 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $48,900 0.0% $54 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/18/2023 02/18/23 For Sale $48,900 -- $54 / 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 $289 $40,200 $4,900 $35,300
2023 $656 $45,400 $4,300 $41,100
2022 $444 $44,400 $4,300 $40,100
2021 $404 $40,400 $4,300 $36,100
2020 $404 $40,400 $4,300 $36,100
2019 $423 $42,800 $4,300 $38,500
2018 $410 $42,800 $4,300 $38,500
2017 $388 $40,800 $4,300 $36,500
2016 $377 $40,800 $4,300 $36,500
2014 $876 $43,800 $4,300 $39,500
2013 $876 $45,500 $4,300 $41,200
Source: Public Records

Agents Affiliated with this Home

  • Derek Callahan

    Seller's Agent in 2023

    Derek Callahan

    Coldwell Banker Lingle

    (765) 277-1910

    101 Total Sales

    Derek Callahan
    Section Image
See All Agents

Map

Source: Richmond Association of REALTORS®

MLS Number: 10045741

APN: 89-18-08-230-407.000-030

Indiana Wayne County Richmond 47374

1509 S 3rd St, Richmond, IN

This home is located at 1509 S 3rd St, Richmond, IN 47374 since 18 February 2023 and is currently estimated at $55,645, approximately $61 per square foot. This property was built in 1955. 1509 S 3rd St is a home located in Wayne County with nearby schools including Vaile Elementary School, Julia E. Test Intermediate 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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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