NOT LISTED FOR SALE

2506 Locust Ln Richmond, IN 47374

Estimated Value: $181,000 - $232,000

3 Beds
1.5 Baths
1,352 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $154,000 $114 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,223/month

Highlights

  • Ranch Style House
  • First Floor Utility Room
  • Living Room
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of October 2021

Gorgeous Southeast side ranch. This property has everything you need. 3 bedrooms with updated paint and flooring, 1.5 baths with updated fixtures and flooring. Property hosts living and family rooms for additional space. Updated flooring throughout most of the home. The galley style kitchen has ample cabinet space as well as an updated sink, faucet and new disposal. The very spacious 2 car garage has a new remote door opener that can be worked via WIFI. Open and close door when you are away from home for added convenience. Home offers newer windows and a roof that is only 3 years old. You will relax in your peaceful back yard that is partially fenced for children or small animals. It is a must see. Call me today for your private tour. Tammy Savoy 765.478.4849

Last Agent to Sell the Property

Tammy Savoy

Coldwell Banker Lingle License #RB19000911 Listed on: 09/08/2021

Coldwell Banker Lingle

Co-Listed By

Anne Taylor

Keller Williams Community Partners License #RB19001232

Keller Williams Community Partners

Last Buyer's Agent

Anne Taylor

Keller Williams Community Partners License #RB19001232

Keller Williams Community Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,704

Year Built

  • Built in 1964

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 86x200
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 1,352 Sq Ft Home
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Covered Patio or Porch

Schools

  • Charles Elementary School
  • Richmond High School

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,704

Year Built

Built in 1964

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 2506 LOCUST LANE
  • Second Address Number: 2506
  • Estimated Year Built: 1964
  • Estimated Size Bathroom 1: 8X9
  • Bathroom 1 Comments: FULL WITH UPDATES
  • Estimated Size Bathroom 2: HALF
  • Bathroom 2 Comments: IN MASTER
  • Estimated Size Bedroom 1: 11X13
  • Bedroom 1 Comments: NEW FLOORING
  • Dining Room Comments: COMBO WITH FAMILY
  • Dining Rm Level: M
  • E X E M P T: Homestead Credit
  • Family Room Estimated Size: 12X21
  • Family Rm Comments: OPEN TO DINING
  • Family Room Level: M
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA, FHA 1st Buyer, VA
  • Geo Address Line: 2506 Locust Ln
  • Geo Longitude: -84.86763
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: M
  • Estimated Living Room Size: 12X19
  • Living Rm Comments: PICTURE WINDOW
  • Living Rm Level: M
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Building Style: Ranch
  • Taxes Half: $551
  • Estimated Utility Room Size: 6X8
  • Utility Room Comments: STORAGE
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1964

Interior Features

  • Total Number Rooms: 7
  • Bedroom 1 Level: M
  • Bedroom 2 Comments: NEW FLOORING
  • Bathroom 1 Level: M
  • Bathroom 2 Level: M
  • Primary Bathroom: Yes
  • Kitchen Comments: UPDATED FIXTURES
  • Has Basement: No
  • Estimated Size Bedroom 2: 9X11
  • Bedroom 2 Level: M
  • Estimated Size Bedroom 3: 10X12
  • Bedroom 3 Level: M
  • Lower Floor 1 Bedrooms: 3
  • Lower Floor 1 Half Bathrooms: 1
  • Estimated Kitchen Size: 8X10
  • Price Per S Q F T: 113.91
  • Basement Type: Single Family
  • Window Treatments Stay: Some

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Aluminum
  • Fencing: Partial, Back
  • Porch/Deck Type: Covered
  • Roof Age: 3 YEARS
  • Roof Type: Shingle

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Heat Type: Baseboard, Electric
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Water Softener: Owned

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Charles
  • High School: Richmond
  • Elementary School: Charles
  • High School: Richmond

Lot Info

  • Geo Update Timestamp: 2021-09-08
  • Estimated Number Acres: 0.395
  • Land Contract: No
  • Lot Size: 86X200
  • Zoning: RESIDENTIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 4, 2021
Sold by
Yoke Belinda S
Bought by
Hehman Jacob A
Seller's Agent
Tammy Savoy
Coldwell Banker Lingle
Buyer's Agent
Anne Taylor
Keller Williams Community Partners
List Price
$149,990
Sold Price
$154,000
Premium/Discount to List
$4,010
2.67%
Current Estimated Value
$203,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,157
Avg. Annual Appreciation
7.15%
Original Mortgage
$149,380
Outstanding Balance
$136,221
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$66,936

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jul 19, 2019
Sold by
Mcgriff Joette
Bought by
Yoke Belinda S
Seller's Agent
Debbie Rudd
Better Homes and Gardens First Realty Group
Buyer's Agent
Tammy Savoy
Coldwell Banker Lingle
List Price
$101,500
Sold Price
$101,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.76%
Original Mortgage
$81,200
Interest Rate
3.8%
Mortgage Type
New Conventional
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
Hehman Jacob A -- None Available
Yoke Belinda S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hehman Jacob A $149,380
Previous Owner Yoke Belinda S $81,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2021 10/04/21 Sold $154,000 +2.7% $114 / Sq Ft
09/08/2021 09/08/21 For Sale $149,990 +47.8% $111 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
07/19/2019 07/19/19 Sold $101,500 0.0% $75 / Sq Ft View Prior Sale
06/25/2019 06/25/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $101,500 -- $75 / 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 $1,704 $170,400 $23,100 $147,300
2023 $1,492 $149,200 $20,300 $128,900
2022 $1,461 $146,100 $19,800 $126,300
2021 $1,014 $101,400 $19,800 $81,600
2020 $791 $99,200 $19,800 $79,400
2019 $0 $55,200 $19,800 $35,400
2018 $1,104 $55,200 $19,800 $35,400
2017 $1,136 $56,800 $19,800 $37,000
2016 $1,094 $54,700 $19,800 $34,900
2014 $1,052 $52,600 $19,800 $32,800
2013 $1,052 $54,700 $19,800 $34,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10042078

APN: 89-18-03-310-314.000-030