NOT LISTED FOR SALE

2316 Locust Ln Richmond, IN 47374

Estimated Value: $153,000 - $200,000

3 Beds
1.5 Baths
1,431 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $160,000 $112 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,070/month

8 Days on Market

Highlights

  • Ranch Style House
  • First Floor Utility Room
  • Living Room
  • Screened Porch
  • 2 Car Attached Garage
  • Water Softener is Owned

About This Home

As of October 2023

An extremely clean, well cared for home on the coveted corner lot. It has lots of curb appeal and wait until you see the spacious, landscaped and completely fenced back yard. Tall trees provide shade and shelter. It will be a tranquil oasis or a great place for the fur baby. It has a patio area for gatherings. You can enjoy the peaceful backyard from the 3 season room and from the great room. Morning coffee and maybe a dinner picnic here will calm the hustle of the world. The layout is very nice on this home. The living room greets you with an abundance of natural light thru the large windows. There is a warm and inviting atmosphere with a great room connecting the kitchen, dining area, and family room. The kitchen is equipped with modern stainless appliances. It is laid out nicely for the gourmet cook and yet handy enough for the cook that warms up leftovers from the delivery guy. The family room has a wall of shelving that can hold all the family and friend pictures or showcase that collection. The serene main bedroom has a half bath and a wall of closets. Two more bedrooms provide plenty of space for a growing family or can be a home office or exercise room. This home is located near schools, shops, restaurants and parks. It is an ideal choice for those seeking a comfortable and well-connected lifestyle. Do not miss this opportunity. For more information contact Barb Garrett at 765-969-0921 or Barb@barbgarrett.com.

Last Agent to Sell the Property

Barbara Garrett

Coldwell Banker Lingle License #RB14042232 Listed on: 08/28/2023

Coldwell Banker Lingle

Last Buyer's Agent

Tammy Savoy

Coldwell Banker Lingle License #RB19000911

Coldwell Banker Lingle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,455

Year Built

  • Built in 1961

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 88x138
  • Privacy Fence
  • Back Yard Fenced
  • Chain Link Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,431 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • First Floor Utility Room
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Charles Elementary School
  • Test/Dennis Middle School
  • Richmond High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Window Unit Cooling System
  • Heating Available
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,455

Year Built

Built in 1961

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 2316 LOCUST LANE
  • Second Address Number: 2316
  • Estimated Year Built: 1961
  • Estimated Size Bedroom 1: 14.5X17.7
  • Bedroom 1 Comments: HALF BATH
  • Estimated Dining Room Size: 11.11X8.4
  • Dining Room Comments: NICE BUILT-IN
  • Dining Rm Level: M
  • Directions: US 40 EAST, SOUTH ON S 3RD, EAST ON S G, NORTH ON LOCUST LN. HOUSE IS ON THE CORNER.
  • E X E M P T: Homestead Credit, Mortgage
  • Family Room Estimated Size: 14.1X21.6
  • Family Rm Comments: OPEN CONCEPT
  • Family Room Level: M
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA, VA
  • Geo Address Line: 2316 Locust Ln
  • Geo Longitude: -84.870238
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: $93,400
  • Kitchen Level: M
  • Land Valuation: $18,400
  • Estimated Living Room Size: 19.6X14.10
  • Living Rm Comments: LIGHT FILLED
  • Living Rm Level: M
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Building Style: Ranch
  • Tax Dup Number: 029-03125-00
  • Taxes Half: $450
  • Total Assessed Value: 111800
  • Estimated Utility Room Size: 6X5
  • Utility Room Comments: LAUNDRY
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1961

Interior Features

  • Appliances Included: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator, Washer/Dryer
  • Total Number Rooms: 6
  • Bedroom 1 Level: M
  • Bedroom 2 Comments: SOUTHERN EXPOSURE
  • Bedroom 3 Comments: LARGE CLOSETS
  • Primary Bathroom: Yes
  • Kitchen Comments: STAINLESS APPLIANCES
  • Amenities: Cable TV
  • Has Basement: No
  • Estimated Size Bedroom 2: 10.5X14.6
  • Bedroom 2 Level: M
  • Estimated Size Bedroom 3: 12.9X14.6
  • Bedroom 3 Level: M
  • Lower Floor 1 Bedrooms: 3
  • Lower Floor 1 Half Bathrooms: 1
  • Estimated Kitchen Size: 7X10.2
  • Price Per S Q F T: 111.81
  • Basement Type: Single Family

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Brick, Vinyl
  • Fencing: Chain, Privacy, Back
  • Porch/Deck Type: Screened Porch
  • Roof Type: Shingle

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Garage-Attached

Utilities

  • Air Conditioner: Window, 2
  • Electric Company: Richmond Power & Light
  • Gas Company: CenterPoint/Vectren
  • Heat Type: Electric
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Water Softener: Owned

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Charles
  • Middle School: Test/Dennis
  • High School: Richmond
  • Elementary School: Charles
  • High School: Richmond
  • Middle School: Test/Dennis

Lot Info

  • Geo Update Timestamp: 2023-08-28
  • Estimated Number Acres: 0.279
  • Land Contract: No
  • Lot Size: 88X138
  • Zoning: RESIDENTIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2025
Sold by
County Of Wayne
Bought by
Mortgage Research Center Llc
Current Estimated Value
$178,426

Purchase Details

Listed on
Aug 28, 2023
Closed on
Oct 10, 2023
Sold by
Sharpe Diane M
Bought by
Fox James Edward
Seller's Agent
Barbara Garrett
Coldwell Banker Lingle
Buyer's Agent
Tammy Savoy
Coldwell Banker Lingle
List Price
$164,900
Sold Price
$160,000
Premium/Discount to List
-$4,900
-2.97%
Views
120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$163,440
Interest Rate
7.18%
Mortgage Type
VA

Purchase Details

Closed on
Mar 25, 2015
Sold by
Sharpe Robert E
Bought by
Sharpe Diane M

Purchase Details

Listed on
Mar 25, 2014
Closed on
Jun 19, 2014
Sold by
Estate Of Evelyn W Loper
Bought by
Sharpe Robert E
Seller's Agent
Mary Mayberry
Coldwell Banker Lingle
Buyer's Agent
Barbara Garrett
Coldwell Banker Lingle
List Price
$84,500
Sold Price
$63,375
Premium/Discount to List
-$21,125
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
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
Mortgage Research Center Llc $134,480 None Listed On Document
Fox James Edward -- None Listed On Document
Sharpe Diane M $60,000 --
Sharpe Robert E $63,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fox James Edward $163,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2023 10/13/23 Sold $160,000 -3.0% $112 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $164,900 +160.2% $115 / Sq Ft
06/19/2014 06/19/14 Sold $63,375 -25.0% $44 / Sq Ft View Prior Sale
05/20/2014 05/20/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $84,500 -- $59 / 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 $1,455 $145,500 $21,000 $124,500
2023 $1,118 $111,800 $18,400 $93,400
2022 $900 $90,000 $18,000 $72,000
2021 $860 $86,000 $18,000 $68,000
2020 $842 $84,200 $18,000 $66,200
2019 $810 $82,400 $18,000 $64,400
2018 $785 $82,400 $18,000 $64,400
2017 $739 $80,700 $18,000 $62,700
2016 $816 $81,600 $18,000 $63,600
2014 $1,464 $73,200 $18,000 $55,200
2013 $1,464 $76,700 $18,000 $58,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10046969

APN: 89-18-03-310-513.000-030