NOT LISTED FOR SALE

221 Richmond Ave Richmond, IN 47374

Estimated Value: $70,000 - $99,000

3 Beds
1 Bath
1,288 Sq Ft
$61/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $49,000 $38 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $527/month

About This Home

As of June 2022

Great investment opportunity. Large rooms- new floor in kitchen.

Last Agent to Sell the Property

TAMMY SAVOY

Coldwell Banker Lingle License #RB19000911 Listed on: 05/18/2022

Coldwell Banker Lingle

Last Buyer's Agent

Tony Foust

Coldwell Banker Lingle License #RB16001818

Coldwell Banker Lingle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,165

Year Built

  • Built in 1920

Lot Details

  • 6,752

Home Design

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

Interior Spaces

  • 1,288 Sq Ft Home
  • 2-Story Property
  • Non-Functioning Fireplace
  • Basement Fills Entire Space Under The House

Schools

  • Dennis Middle School
  • Richmond High School

Utilities

  • Window Unit Cooling System
  • Furnace
  • Separate Meters

Additional Features

  • Porch
  • 6,752 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,165

Year Built

Built in 1920

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 221 RICHMOND AVENUE
  • Second Address Number: 221
  • Estimated Year Built: 1920
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 221 Richmond Ave
  • Geo Longitude: -84.903679
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • FILLSUBDIVISION: No Subdivision
  • Taxes Half: $902
  • Number Three Bed Units: 2
  • Split Utilities: Yes
  • Unit 1 Heat Type: Furnace
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Number Rooms: 7
  • Has Basement: Yes, Full Basement
  • Fireplace: Non-Working
  • Price Per S Q F T: 38.04
  • Basement Type: Duplex

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Foundation: Basement
  • Porch/Deck Type: Porch
  • Roof Type: Shingle

Utilities

  • Air Conditioner: Window

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • Middle School: Dennis
  • High School: Richmond
  • High School: Richmond
  • Middle School: Dennis

Lot Info

  • Geo Update Timestamp: 2022-05-18
  • Estimated Number Acres: 0.155
  • Land Contract: No
  • Zoning: RESIDENTIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Aug 4, 2022
Sold by
Vardges Mirzakhanyan
Bought by
Natnar Llc
Seller's Agent
TAMMY SAVOY
Coldwell Banker Lingle
Buyer's Agent
Tony Foust
Coldwell Banker Lingle
List Price
$49,900
Sold Price
$49,000
Premium/Discount to List
-$900
-1.8%
Current Estimated Value
$78,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,921
Avg. Annual Appreciation
13.76%

Purchase Details

Listed on
May 18, 2022
Closed on
Jun 8, 2022
Sold by
Carey Louise M
Bought by
Mirzakhanyan Vardges
Seller's Agent
TAMMY SAVOY
Coldwell Banker Lingle
Buyer's Agent
Tony Foust
Coldwell Banker Lingle
List Price
$49,900
Sold Price
$49,000
Premium/Discount to List
-$900
-1.8%

Purchase Details

Closed on
Sep 14, 2012
Sold by
Carey Kenneth E and Carey Louise M
Bought by
Carey Kenneth E and Carey Louise M
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
Natnar Llc -- Parker Craig C
Mirzakhanyan Vardges -- Parker Craig C
Carey Kenneth E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $49,000 -1.8% $38 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $49,900 -- $39 / 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 $1,165 $57,000 $9,600 $47,400
2023 $1,000 $50,000 $8,400 $41,600
2022 $1,008 $50,400 $8,400 $42,000
2021 $902 $45,000 $8,400 $36,600
2020 $902 $45,000 $8,400 $36,600
2019 $902 $45,000 $8,400 $36,600
2018 $902 $45,000 $8,400 $36,600
2017 $860 $43,000 $8,400 $34,600
2016 $860 $43,000 $8,400 $34,600
2014 $964 $48,200 $8,400 $39,800
2013 $964 $46,800 $8,400 $38,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    TAMMY SAVOY

    Coldwell Banker Lingle

    (765) 478-4849

    127 Total Sales

    Section Image
  • Tony Foust

    Buyer's Agent in 2022

    Tony Foust

    Coldwell Banker Lingle

    (765) 967-3051

    333 Total Sales

    Section Image
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Map

Source: Richmond Association of REALTORS®

MLS Number: 10043849

APN: 89-16-32-310-704.000-030

Indiana Wayne County Richmond 47374

221 Richmond Ave, Richmond, IN

This home is located at 221 Richmond Ave, Richmond, IN 47374 since 18 May 2022 and is currently estimated at $78,921, approximately $61 per square foot. This property was built in 1920. 221 Richmond Ave is a home located in Wayne County with nearby schools including Crestdale Elementary School, Dennis Intermediate School, and Richmond High School.

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