NOT LISTED FOR SALE

1912 E Main St Unit 1914 E MAIN STREET Richmond, IN 47374

Estimated Value: $41,000 - $217,000

3 Beds
1 Bath
3,152 Sq Ft
$34/Sq Ft Est. Value

Last Sold August 12, 2013

Last sale price $20,000 $6 Per Sq Ft

Est. 440% increase in value since last sale

Current estimated payment $642/month

Highlights

  • Covered Patio or Porch
  • Multiple Water Heaters
  • 4-minute walk to Glen Miller Park
  • 2 Car Detached Garage
  • Storage Shed

About This Home

As of August 2013

This all brick true double with 3 bedroom 2 baths on each side is one of the best investment buys that has been on the market in years. This traditional property has a new roof, newer windows, 2 detached garages, all natural woodwork, super low operating costs, and much more. If you are ready to invest this property is ready to make you over 17% on your money. Call or text Kyle Tom for your private tour today at 765-220-0199.

Last Agent to Sell the Property

Kyle Tom

Coldwell Banker Lingle License #RB14021834 Listed on: 06/05/2013

Coldwell Banker Lingle

Last Buyer's Agent

Kyle Tom

Coldwell Banker Lingle License #RB14021834 Listed on: 06/05/2013

Coldwell Banker Lingle

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 52x171

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Stick Built Home

Interior Spaces

  • 3,152 Sq Ft Home
  • 2-Story Property
  • Non-Functioning Fireplace
  • Window Treatments
  • Electric Range

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch
  • Storage Shed

Schools

  • Starr Elementary School
  • Test Middle School
  • Richmond High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Window Unit Cooling System
  • Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Multiple Water Heaters
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $800
  • Maintenance Expense $1,000
  • Professional Management Expense $1,000
  • Operating Expense $6,003

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 1912 E MAIN STREET
  • Second Address Number: 1912
  • 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: 1912 E Main St
  • Geo Longitude: -84.8759536743164
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 101600
  • Land Valuation: 6900
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 0290040200
  • Taxes Half: 1101.07
  • Total Assessed Value: 108500
  • Cap Rate Percent: 17
  • Maintenance: 1000
  • Number Three Bed Units: 2
  • Split Utilities: Yes
  • Storage Building: YES
  • Unit 1 Appliances: Range-Electric, Refrigerator
  • Unit 1 Heat Type: Gas
  • Unit 2 Appliances: Range-Electric, Refrigerator
  • Unit 2 Heat Type: Gas
  • Vac Cred: 1000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Number Rooms: 13
  • Amenities: Cable TV
  • Has Basement: Yes, Partial Basement, Unfinished
  • Fireplace: Non-Working, 1
  • Price Per S Q F T: 6.35
  • Basement Type: Duplex
  • Window Treatments Stay: Some
  • Insulation: AMPLE

Exterior Features

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

Garage/Parking

  • Driveway: GRAVEL
  • Garage Type: Garage-Detached, 2

Utilities

  • Air Conditioner: Window, 2
  • Electric Company: Richmond Power and Light
  • Gas Company: Vectren Gas Company
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas
  • Insurance: 800
  • Number Water Heaters: 2

Condo/Co-op/Association

  • Management: 1000
  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 2203

Schools

  • Elementary School: Starr
  • Middle School: Test
  • High School: Richmond
  • Elementary School: Starr
  • High School: Richmond
  • Middle School: Test

Lot Info

  • Geo Update Timestamp: 2013-08-19
  • Estimated Number Acres: 0.2
  • Land Contract: No
  • Lot Size: 52X171
  • Zoning: RESIDENTIAL

Multi Family

  • Number Furnaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2013
Closed on
Aug 8, 2013
Sold by
Clemente Jose P
Bought by
King Real Estate Llc
Seller's Agent
Kyle Tom
Coldwell Banker Lingle
Buyer's Agent
Kyle Tom
Coldwell Banker Lingle
List Price
$38,900
Sold Price
$20,000
Premium/Discount to List
-$18,900
-48.59%
Current Estimated Value
$107,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,918
Avg. Annual Appreciation
13.44%
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
King Real Estate Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2013 08/12/13 Sold $20,000 -48.6% $6 / Sq Ft
07/22/2013 07/22/13 Pending -- -- --
06/05/2013 06/05/13 For Sale $38,900 -- $12 / 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 $841 $40,300 $6,900 $33,400
2023 $841 $40,300 $6,900 $33,400
2022 $841 $40,300 $6,900 $33,400
2021 $841 $40,300 $6,900 $33,400
2020 $841 $40,300 $6,900 $33,400
2019 $841 $40,300 $6,900 $33,400
2018 $841 $40,300 $6,900 $33,400
2017 $2,351 $115,800 $6,900 $108,900
2016 $869 $41,700 $6,900 $34,800
2014 $804 $38,600 $6,900 $31,700
2013 $804 $107,800 $6,900 $100,900
Source: Public Records

Agents Affiliated with this Home

  • Kyle Tom

    Seller's Agent in 2013

    Kyle Tom

    Coldwell Banker Lingle

    (765) 220-0199

    374 Total Sales

    Kyle Tom
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Map

Source: Richmond Association of REALTORS®

MLS Number: 10019982

APN: 89-16-33-430-126.000-030

Indiana Wayne County Richmond 47374

1912 E Main St Unit 1914 E MAIN STREET, Richmond, IN

This home is located at 1912 E Main St Unit 1914 E MAIN STREET, Richmond, IN 47374 since 05 June 2013 and is currently estimated at $107,918, approximately $34 per square foot. This property was built in 1900. 1912 E Main St Unit 1914 E MAIN STREET is a home located in Wayne County with nearby schools including Starr Elementary School, Julia E. Test Intermediate School, and Richmond High School.

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