NOT LISTED FOR SALE

226 SW 3rd St Richmond, IN 47374

Estimated Value: $69,000 - $120,000

4 Beds
2 Baths
1,792 Sq Ft
$57/Sq Ft Est. Value

Last Sold March 23, 2012

Last sale price $11,000 $6 Per Sq Ft

Est. 825% increase in value since last sale

Current estimated payment $644/month

183 Days on Market

Highlights

  • Covered patio or porch
  • Multiple Water Heaters
  • Wood Siding
  • Baseboard Heating
  • Efficiency Studio Dwelling Unit

About This Home

As of March 2012

This home is located at 226 SW 3rd St, Richmond, IN 47374 since 14 September 2011 and is currently estimated at $101,718, approximately $56 per square foot. This property was built in 1910. 226 SW 3rd St is a home located in Wayne County with nearby schools including Westview Elementary School, Dennis Intermediate School, and Richmond High School.

Last Agent to Sell the Property

Rob Johnson

Better Homes and Gardens First Realty Group License #RB14041834 Listed on: 09/14/2011

Better Homes and Gardens First Realty Group

Last Buyer's Agent

JIM BACKMEYER

RE/MAX At The Crossing License #RB14051223

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 1910

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 40 x 136

Parking

  • No Garage

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2-Story Property
  • Partial Basement

Schools

  • Westview Elementary School
  • Dennis Middle School
  • Richmond High School

Utilities

  • Heating System Uses Gas
  • Furnace
  • Baseboard Heating
  • Separate Meters
  • Multiple Water Heaters
  • Electric Water Heater

Additional Features

  • Covered patio or porch
  • Efficiency Studio Dwelling Unit

Community Details

  • 3 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$924

Year Built

Built in 1910

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 226 SW 3RD ST
  • Second Address Number: 226
  • Estimated Year Built: 1910
  • Bank Corporate Owned: Yes
  • 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: 226 SW 3rd St
  • Geo Longitude: -84.905391
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 0295321200
  • Taxes Half: 338.00
  • Number Two Bed Units: 2
  • Split Utilities: Yes
  • Unit 1 Heat Type: Furnace, Gas
  • Unit 2 Heat Type: Furnace, Gas
  • Unit 3 Heat Type: Baseboard, Electric
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Has Basement: Yes, Partial Basement
  • Basement Type: Triplex

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl, Wood
  • Foundation: Slab, Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Age: UNKNOWN
  • Roof Type: Fiberglass, Shingle

Garage/Parking

  • Garage Type: None

Utilities

  • Electric Company: Richmond Power and Light
  • Gas Company: Vectren Gas Company
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Water Heaters: 3

Condo/Co-op/Association

  • Number of Units: 3

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • Elementary School: Westview
  • Middle School: Dennis
  • High School: Richmond
  • Elementary School: Westview
  • High School: Richmond
  • Middle School: Dennis

Lot Info

  • Geo Update Timestamp: 2012-03-23
  • Estimated Number Acres: 0.25
  • Land Contract: No
  • Lot Size: 40 X 136

Multi Family

  • Number Furnaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2023
Sold by
Lanter Penny and Lanter Rodney
Bought by
Ripberger Anthony Wayne Edward
Current Estimated Value
$101,718

Purchase Details

Listed on
Sep 14, 2011
Closed on
Mar 23, 2012
Sold by
Mainsource Bank
Bought by
Lanter Penny and Lanter Rodney
Seller's Agent
Rob Johnson
Better Homes and Gardens First Realty Group
Buyer's Agent
JIM BACKMEYER
RE/MAX At The Crossing
List Price
$35,000
Sold Price
$11,000
Premium/Discount to List
-$24,000
-68.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.62%

Purchase Details

Closed on
Jul 13, 2011
Sold by
Tate Danny R and Tate Gayle E
Bought by
Mainsource Bank
Source: Public Records

Similar Homes in Richmond, IN

  • 806 S 8th St, Richmond, IN 47374

    $80,000

    • 2 Beds
    • 1 Bath
    • 806 S 8th St
    • Richmond, IN

    Add the finishing touch to this multi-family home. Each Unit is a 2BR 1BA with first floor laundry. This project is ideal for investors or homeowners looking to customize the final details. New furnaces. New water heaters.

    Elizabeth Hughey White's Farm Est. 1922 DBA White's Realty

    Section Image
  • 1001 S 8th St, Richmond, IN 47374

    $99,000

    • 4 Beds
    • 2 Baths
    • 2,640 Sq Ft
    • 1001 S 8th St
    • Richmond, IN

    Check out this duplex investment opportunity in Richmond! Both units are two bedroom, one bathroom and full of opportunity! Don’t miss out.

    Paul Faddis Tarter Realty Auction and Appraisal Company

    Section Image
See All Homes in Richmond

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ripberger Anthony Wayne Edward $25,000 None Listed On Document
Lanter Penny -- None Available
Mainsource Bank $30,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2012 03/23/12 Sold $11,000 -68.6% $6 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
09/14/2011 09/14/11 For Sale $35,000 -- $20 / 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 $924 $46,200 $10,400 $35,800
2023 $806 $40,300 $9,100 $31,200
2022 $814 $40,700 $9,100 $31,600
2021 $748 $37,400 $9,100 $28,300
2020 $736 $36,800 $9,100 $27,700
2019 $712 $35,600 $9,100 $26,500
2018 $708 $35,400 $9,100 $26,300
2017 $732 $36,600 $9,100 $27,500
2016 $732 $36,600 $9,100 $27,500
2014 $726 $36,300 $9,100 $27,200
2013 $726 $35,400 $9,100 $26,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rob Johnson

    Better Homes and Gardens First Realty Group

    (765) 969-2233

    158 Total Sales

    Rob Johnson
    Section Image
  • JIM BACKMEYER

    Buyer's Agent in 2012

    JIM BACKMEYER

    RE/MAX At The Crossing

    (765) 969-5000

    3 Total Sales

    JIM BACKMEYER
    Section Image
See All Agents

Map

Source: Richmond Association of REALTORS®

MLS Number: 10015528

APN: 89-18-05-110-708.000-030

Indiana Wayne County Richmond 47374

226 SW 3rd St, Richmond, IN

This home is located at 226 SW 3rd St, Richmond, IN 47374 since 14 September 2011 and is currently estimated at $101,718, approximately $56 per square foot. This property was built in 1910. 226 SW 3rd St is a home located in Wayne County with nearby schools including Westview Elementary School, Dennis 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.

Nearby Homes