NOT LISTED FOR SALE

245 SW 3rd St Richmond, IN 47374

Estimated Value: $131,000 - $160,000

3 Beds
2 Baths
1,512 Sq Ft
$94/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $134,000 $89 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $876/month

101 Days on Market

About This Home

As of April 2024

This lovely remodeled 2 bathroom, 2 bedroom house with the option of a 3rd downstairs bedroom. This house is located on the South West side of Richmond close to U.S. 40, the High School, Earlham, Needlers Grocery Store, restaurants, fast food The large kitchen has a built-in eating nook bench. This house features a brand new metal roof and a closed in fence, with backyard parking, and a ramp at the front entrance. The unfinished basement houses the gas hot water heater and furnace.

Last Listed By

Ken Lin

Jenkins Real Estate License #RB19002237 Listed on: 12/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,086

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Privacy Fence
  • Chain Link Fence

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • 2-Story Property
  • Electric Range
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,086

Year Built

Built in 1900

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 245 SW 3rd St
  • Second Address Number: 245
  • Estimated Year Built: 1900
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 245 SW 3rd St
  • Geo Longitude: -84.905183
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Building Style: 2 Story
  • Taxes Half: 1096.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Included: Range-Electric
  • Total Number Rooms: 6
  • Primary Bathroom: Yes
  • Has Basement: Yes
  • Lower Floor 1 Bedrooms: 3
  • Lower Floor 1 Half Bathrooms: 0
  • Price Per S Q F T: 88.62
  • Basement Type: Single Family

Exterior Features

  • Exterior Construction: Block
  • Exterior: Vinyl
  • Fencing: Chain, Privacy
  • Foundation: Basement
  • Roof Age: new
  • Roof Type: Metal

Garage/Parking

  • Garage Capacity: 0
  • Garage Type: Other

Utilities

  • Air Conditioner: Central Air
  • Electric Company: Richmond Power & Light
  • Gas Company: CenterPoint/Vectren
  • Heat Type: Gas
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Fee Information

  • Tax Class: RESIDENTIAL

Lot Info

  • Geo Update Timestamp: 2023-12-27
  • Estimated Number Acres: 0.12
  • Land Contract: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2023
Closed on
Apr 30, 2024
Sold by
Lin Commercial Property Llc
Bought by
Kitchel Thomas E and Kitchel Erin
Seller's Agent
Ken Lin
Jenkins Real Estate
Buyer's Agent
Samantha Rummel-Bass
Coldwell Banker Lingle
List Price
$152,000
Sold Price
$134,000
Premium/Discount to List
-$18,000
-11.84%
Total Days on Market
101
Views
247
Current Estimated Value
$141,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,467
Avg. Annual Appreciation
5.52%
Original Mortgage
$129,980
Outstanding Balance
$128,711
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$12,756

Purchase Details

Closed on
Jan 24, 2022
Sold by
County Of Wayne
Bought by
Lin Commercial Property Llc

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
Kitchel Thomas E $134,000 None Listed On Document
Lin Commercial Property Llc $22,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kitchel Thomas E $129,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $134,000 0.0% $89 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/19/2024 03/19/24 Off Market $134,000 -- --
03/11/2024 03/11/24 Price Changed $138,000 -6.4% $91 / Sq Ft
02/19/2024 02/19/24 Price Changed $147,500 -3.0% $98 / Sq Ft
02/12/2024 02/12/24 For Sale $152,000 0.0% $101 / Sq Ft
02/12/2024 02/12/24 Price Changed $152,000 +13.4% $101 / Sq Ft
02/05/2024 02/05/24 Off Market $134,000 -- --
01/15/2024 01/15/24 Price Changed $158,000 -6.0% $104 / Sq Ft
12/18/2023 12/18/23 For Sale $168,000 -- $111 / 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 $1,086 $61,800 $10,200 $51,600
2023 $1,086 $54,300 $8,900 $45,400
2022 $1,096 $54,800 $8,900 $45,900
2021 $1,006 $50,300 $8,900 $41,400
2020 $988 $49,400 $8,900 $40,500
2019 $34 $51,400 $8,900 $42,500
2018 $161 $51,400 $8,900 $42,500
2017 $52 $53,500 $8,900 $44,600
2016 $51 $53,500 $8,900 $44,600
2014 $42 $52,900 $8,900 $44,000
2013 $42 $51,300 $8,900 $42,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Ken Lin

    Jenkins Real Estate

    (917) 207-4339

    11 Total Sales

    Ken Lin
    Section Image
  • Samantha Rummel-Bass

    Buyer's Agent in 2024

    Samantha Rummel-Bass

    Coldwell Banker Lingle

    (765) 977-6678

    5 Total Sales

    Samantha Rummel-Bass
    Section Image
See All Agents

Map

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Source: Richmond Association of REALTORS®

MLS Number: 10047711

APN: 89-18-05-110-822.000-030

Indiana Wayne County Richmond 47374

245 SW 3rd St, Richmond, IN

Homes for Sale in Richmond, IN

This home is located at 245 SW 3rd St, Richmond, IN 47374 since 18 December 2023 and is currently estimated at $141,467, approximately $93 per square foot. This property was built in 1900. 245 SW 3rd St is a home located in Wayne County with nearby schools including Westview Elementary School, Dennis Intermediate School, and Richmond High School.

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