NOT LISTED FOR SALE

202 Pearl St Richmond, IN 47374

Estimated Value: $64,384 - $80,000

4 Beds
2 Baths
1,488 Sq Ft
$49/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $70,000 $47 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $432/month

6 Days on Market

Highlights

  • Covered Patio or Porch
  • Detached Garage
  • Baseboard Heating

About This Home

As of March 2024

This opportunity is ready to add to your investments with the potential to bring in roughly $1,400/mo. Downstairs unit features an enclosed porch, new flooring, new paint, and renting for $650/mo. Upstairs unit features new flooring, new paint, and ready to be rented. The 2 car garage could possibly be converted into another unit or rented for garage space with the upstairs or separately. Separate electric meters paid for by tenants and owner pays water/sewer. Text 1330312 to 35620 for more information and photos.

Last Agent to Sell the Property

Tony Foust

Coldwell Banker Lingle License #RB16001818 Listed on: 02/09/2024

Coldwell Banker Lingle

Last Buyer's Agent

Tony Foust

Coldwell Banker Lingle License #RB16001818 Listed on: 02/09/2024

Coldwell Banker Lingle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 1876

Lot Details

  • 7,057

Parking

  • Detached Garage

Home Design

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

Interior Spaces

  • 1,488 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Basement
  • Crawl Space
  • Electric Range

Utilities

  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • 7,057 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$550

Year Built

Built in 1876

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 202 Pearl Street
  • Estimated Year Built: 1876
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 202 Pearl St
  • Geo Longitude: -84.902922
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 029-05708-00
  • Taxes Half: 317.00
  • Number One Bed Units: 2
  • Split Utilities: Yes
  • Unit 1 Appliances: Range-Electric, Refrigerator
  • Unit 1 Heat Type: Baseboard, Electric
  • Unit 2 Appliances: Range-Electric, Refrigerator
  • Unit 2 Heat Type: Baseboard, Electric
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1876

Interior Features

  • Has Basement: Yes
  • Price Per S Q F T: 47.04
  • Basement Type: Duplex
  • Window Treatments Stay: Some

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Garage-Detached

Utilities

  • Electric Company: Richmond Power and Light
  • Gas Company: None
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Lot Info

  • Geo Update Timestamp: 2024-02-09
  • Estimated Number Acres: 0.162
  • Land Contract: No
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Mar 8, 2024
Sold by
Foxs Handyman Llc
Bought by
Hall Sheena
Seller's Agent
Tony Foust
Coldwell Banker Lingle
Buyer's Agent
Tony Foust
Coldwell Banker Lingle
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Views
44
Current Estimated Value
$73,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,346
Avg. Annual Appreciation
2.89%
Original Mortgage
$52,500
Outstanding Balance
$51,637
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$21,709

Purchase Details

Listed on
Jul 12, 2023
Closed on
Nov 3, 2023
Sold by
Lin Commercial Property Llc
Bought by
Foxs Handyman Llc
Seller's Agent
Ken Lin
Jenkins Real Estate
Buyer's Agent
Derek Callahan
Coldwell Banker Lingle
List Price
$31,500
Sold Price
$23,000
Premium/Discount to List
-$8,500
-26.98%
Views
257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2304.68%

Purchase Details

Closed on
Feb 14, 2023
Sold by
Auditor Of The Wayne County
Bought by
Lin Commercial Property Llc

Purchase Details

Closed on
Nov 23, 2011
Sold by
Dimeforeelosures Llc
Bought by
Aslinger Justin A

Purchase Details

Closed on
Nov 21, 2011
Sold by
First Merchants Bank Na
Bought by
Dimeforeclosures Llc
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 Buyer Sale Price Title Company
Hall Sheena -- None Listed On Document
Foxs Handyman Llc -- None Listed On Document
Foxs Handyman Llc -- None Listed On Document
Lin Commercial Property Llc $3,449 --
Aslinger Justin A -- None Available
Dimeforeclosures Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Sheena $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2024 03/08/24 Sold $70,000 -12.4% $47 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $79,900 +247.4% $54 / Sq Ft
11/03/2023 11/03/23 Sold $23,000 -27.0% $15 / Sq Ft View Prior Sale
07/12/2023 07/12/23 For Sale $31,500 -- $21 / 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 $550 $27,500 $9,700 $17,800
2023 $626 $31,300 $8,500 $22,800
2022 $634 $31,700 $8,500 $23,200
2021 $882 $44,100 $8,500 $35,600
2020 $882 $44,100 $8,500 $35,600
2019 $882 $44,100 $8,500 $35,600
2018 $878 $43,900 $8,500 $35,400
2017 $846 $42,300 $8,500 $33,800
2016 $846 $42,300 $8,500 $33,800
2014 $942 $47,100 $8,500 $38,600
2013 $942 $45,700 $8,500 $37,200
Source: Public Records

Agents Affiliated with this Home

  • Tony Foust

    Seller's Agent in 2024

    Tony Foust

    Coldwell Banker Lingle

    (765) 967-3051

    330 Total Sales

    Tony Foust
    Section Image

  • K

    Seller's Agent in 2023

    Ken Lin

    Jenkins Real Estate

    (917) 207-4339

    12 Total Sales

    Ken Lin
    Section Image
  • Derek Callahan

    Buyer's Agent in 2023

    Derek Callahan

    Coldwell Banker Lingle

    (765) 277-1910

    103 Total Sales

    Derek Callahan
    Section Image
See All Agents

Map

Source: Richmond Association of REALTORS®

MLS Number: 10047938

APN: 89-16-32-340-213.000-030

Indiana Wayne County Richmond 47374

202 Pearl St, Richmond, IN

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