NOT LISTED FOR SALE

216 S 4th St Richmond, IN 47374

Estimated Value: $99,000 - $128,340

2 Beds
2 Baths
1,640 Sq Ft
$71/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $100,000 $61 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $737/month

32 Days on Market

Highlights

  • Covered Patio or Porch
  • Baseboard Heating
  • Gas Fireplace
  • Central Air
  • Washer and Dryer

About This Home

As of July 2024

This unique property located in the historic Old Richmond area has been used as an office on the main floor with a one-bedroom apt w/ separate entrance upstairs. The main floor office has an inside double door foyer area to provide ample confidentiality. The large conference room/library showcases the character of the age of the home. Lots of uses for this property which include making it a single family home or a 2-unit investment property or of course continuing the present use of a main floor office w/ upstairs living. *The rear rubber roof was installed in 2023 and the upper-level roof age is unknown. There is a newer concrete parking pad to accommodate up to 4 cars in the rear. Downstairs pays water/sewer other utilities are split. Call Debbie for appt - 765-969-6822.

Last Agent to Sell the Property

Debbie Rudd

Better Homes and Gardens First Realty Group License #RB14031498 Listed on: 04/19/2024

Better Homes and Gardens First Realty Group

Last Buyer's Agent

Tiani Gray

Richmond Community Real Estate License #RB21000624

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,490

Year Built

  • Built in 1890

Lot Details

  • 5,706 Sq Ft Lot
  • Lot Dimensions are 47x121

Home Design

  • Duplex
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Electric Range
  • Washer and Dryer
  • Basement

Outdoor Features

  • Covered Patio or Porch

Schools

  • Dennis Middle School
  • Richmond High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Furnace
  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,490

Year Built

Built in 1890

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 216 S 4th Street
  • Estimated Year Built: 1890
  • Directions: East Main turn south onto S. 4th to property
  • 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: 216 S 4th St
  • Geo Longitude: -84.897124
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 029-07508-00
  • Taxes Half: 657.00
  • Number One Bed Units: 1
  • Split Utilities: Yes
  • Storage Building: 8x10
  • Unit 1 Heat Type: Furnace, Gas
  • Unit 2 Appliances: Range-Electric, Refrigerator, Washer/Dryer
  • Unit 2 Heat Type: Baseboard
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Fireplace: Gas Log
  • Price Per S Q F T: 60.98
  • Basement Type: Duplex
  • Window Treatments Stay: Some

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Age: *
  • Roof Type: Rolled, Shingle

Utilities

  • Air Conditioner: Central Air, Window
  • Electric Company: Richmond Power and Light
  • Gas Company: Vectren Gas Company
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas
  • Number Water Heaters: 1

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • High School: Richmond
  • Middle School: Dennis

Lot Info

  • Geo Update Timestamp: 2024-04-22
  • Estimated Number Acres: 0.131
  • Land Contract: No
  • Lot Size: 47x121
  • Zoning: Residential

Multi Family

  • Number Furnaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 13, 2024
Sold by
Gianitelli Angelo J and Gianitelli Cheryl L
Bought by
Richmond In Renewal Llc
Seller's Agent
Debbie Rudd
Better Homes and Gardens First Realty Group
Buyer's Agent
Tiani Gray
Richmond Community Real Estate
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%
Views
66
Current Estimated Value
$116,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,585
Avg. Annual Appreciation
12.33%
Original Mortgage
$60,000
Outstanding Balance
$56,855
Interest Rate
6.24%
Mortgage Type
New Conventional
Estimated Equity
$59,730
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
Richmond In Renewal Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richmond In Renewal Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2024 07/02/24 Sold $100,000 -20.0% $61 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $125,000 -- $76 / 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 $1,490 $74,500 $10,800 $63,700
2023 $1,420 $71,000 $9,500 $61,500
2022 $1,434 $71,700 $9,500 $62,200
2021 $1,314 $65,700 $9,500 $56,200
2020 $1,278 $63,900 $9,500 $54,400
2019 $1,268 $63,400 $9,500 $53,900
2018 $1,268 $63,400 $9,500 $53,900
2017 $1,258 $62,900 $9,500 $53,400
2016 $1,256 $62,800 $9,500 $53,300
2014 $1,218 $60,900 $9,500 $51,400
2013 $1,218 $62,800 $9,500 $53,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10048372

APN: 89-18-05-210-616.000-030