NOT LISTED FOR SALE

2524 S 23rd St Richmond, IN 47374

Estimated Value: $299,000 - $694,000

5 Beds
3.5 Baths
4,352 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $327,000 $75 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,941/month

216 Days on Market

Highlights

  • Multiple Fireplaces
  • Main Floor Bedroom
  • First Floor Utility Room
  • Traditional Architecture
  • Den
  • Porch

About This Home

As of October 2018

Spectacular setting! Highly desirable location! 3.71 private acres with mature trees & 30x21 barn! Welcoming Governor’s driveway! Over-sized garage! Thick baseboards & crown moulding throughout! Almost floor to ceiling windows throughout the main level! Upper level windows all have blinds & window seats with storage! Ample amounts of lighted closets throughout! Nicely updated throughout including: HVAC, Hot Water Tank, Windows, Kitchen, All Bathrooms, Fresh Paint & Brushed Nickel Accents. Formal entry with beautiful leaded glass front door. Formal living room with fireplace. Formal dining room with a bowed wall of windows! Spectacular kitchen with island, granite counters, tiled backsplash, stainless appliances & doors to the rear patio & yard. Family room with fireplace off of kitchen. Second entry to bonus “wing” with half bathroom, office/5th bedroom, laundry & access to garage with 10x6 mud room & doors to the patio/yard. Main level bedroom & updated full bathroom. Large upper landing with three closets. Spacious master suite with five closets & private full bathroom with two sinks & walk-in tiled shower. Two almost identical bedrooms, both with two closets share an updated full bathroom with two sinks and tub/shower. Massive half finished basement with 51x15 storage space. Perfect Private Home Office Space with the Second/Dedicated Entry, Bonus Room & Half Bathroom! Full description attached in MLS. Listed Square Feet includes 774 sq. ft. of finished space in basement. Absolutely Fantastic Home! Must See! Average Electric over Past 12 Months (July 2016-July 2017) = $103 with $176.11 as the High and $58.87 as the Low. Please note that house has been vacant during this period with utilities/heat/ac left on.

Last Agent to Sell the Property

Rebecca Cate

Better Homes and Gardens First Realty Group License #RB14036877 Listed on: 01/22/2018

Better Homes and Gardens First Realty Group

Last Buyer's Agent

MEMBER NON-MLS

NON-MLS MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,982

Year Built

  • Built in 1963

Lot Details

  • 3.71 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 4,352 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • First Floor Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,982

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Additional Garage: Other
  • OFFICELIST_ADDRESS: 2524 S 23rd Street
  • Second Address Number: 2524
  • Estimated Year Built: 1963
  • Average Monthly Electric: $103
  • Bank Corporate Owned: No
  • Estimated Basement Size: 51x30
  • Estimated Size Bathroom 1: 13x8
  • Bathroom 1 Comments: Master w/2 Sinks
  • Estimated Size Bathroom 2: 9x9
  • Bathroom 2 Comments: Shared Full w/2 sinks
  • Estimated Size Bedroom 1: 18x15
  • Bedroom 1 Comments: Master w/5 Closets
  • Estimated Den Study Size: 16x13
  • Den Study Comments: Bonus/Office/5th Bedroom
  • Den Study Level: M
  • Estimated Dining Room Size: 16x14
  • Dining Room Comments: Wall of Windows - Formal
  • Dining Rm Level: M
  • Directions: E. Main St - S. 23rd St - Almost to Dead End, turn Right and House on Left
  • E X E M P T: Homestead Credit
  • Family Room Estimated Size: 21x16
  • Family Rm Comments: Fireplace-Off Kitchen
  • 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: 2524 S 23rd St
  • Geo Longitude: -84.87221
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: $283,100
  • Kitchen Level: M
  • Land Valuation: $35,600
  • Estimated Living Room Size: 21x16
  • Living Rm Comments: W/Fireplace-Off Entry
  • Living Rm Level: M
  • Other Rm1 Approx Size: 10x5
  • Other Rm1 Comments: Full Bath off Bedroom
  • Other Rm1 Level: M
  • Other Rm2 Approx Size: 5x3
  • Other Rm2 Comments: Half Bath by Office
  • Other Rm2 Level: M
  • Other Rm3 Approx Size: 18x10
  • Other Rm3 Comments: Formal Entry
  • Other Rm3 Level: M
  • OFFICELIST_STATE: IN
  • Storage Bldg Approx Size: 30x21
  • Storage Building Comments: Barn
  • Storage Building Level: M
  • Building Stories: 2
  • Building Style: Traditional, 2 Story
  • FILLSUBDIVISION: No Subdivision
  • Tax Dup Number: 015-01859-00
  • Taxes Half: $1,711.71
  • Total Assessed Value: 318700
  • Estimated Utility Room Size: 7x5
  • Utility Room Comments: +10x6 off Garage
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Appliances Included: Dishwasher, Disposal, Range-Electric, Refrigerator
  • Total Number Rooms: 13
  • Bedroom 1 Level: U
  • Bedroom 2 Comments: Front Facing w/2 Closets
  • Bedroom 3 Comments: Rear Facing w/2 Closets
  • Bedroom 4 Comments: W/2 Closets & Full Bath
  • Bathroom 1 Level: U
  • Bathroom 2 Level: U
  • Primary Bathroom: Yes
  • Kitchen Comments: Eat-in & Doors to Patio
  • Has Basement: Yes, Full Basement, Part Finished
  • Basement Percentage Finished: 50%
  • Estimated Size Bedroom 2: 16x13
  • Bedroom 2 Level: U
  • Estimated Size Bedroom 3: 16x13
  • Bedroom 3 Level: U
  • Estimated Size Bedroom 4: 12x12
  • Bedroom 4 Level: M
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 2
  • Lower Floor 1 Half Bathrooms: 1
  • Estimated Kitchen Size: 19x14
  • Price Per S Q F T: 75.14
  • Basement Type: Single Family

Exterior Features

  • Exterior Construction: Block, Stick
  • Exterior: Brick
  • Foundation: Basement
  • Porch/Deck Type: Patio, Porch
  • Roof Age: 2001 M/L
  • Roof Type: Shingle

Garage/Parking

  • Driveway: Governor's
  • Garage Capacity: 2
  • Garage Type: Garage-Attached

Utilities

  • Air Conditioner: Central Air
  • Electric Company: Richmond Power & Light
  • Gas Company: None
  • Heat Type: Electric, Forced Air
  • Sewer: Septic
  • Hot Water: City
  • Water Heater: Electric

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: 2018-04-09
  • Estimated Number Acres: 3.71
  • Land Contract: No
  • Lot Size: 3.71 Acres
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Burket Michael F and Burket Sarah B
Bought by
Burket Michael Flynn and Burket Sarah B
Current Estimated Value
$479,730

Purchase Details

Closed on
Dec 30, 2020
Sold by
Jones Jacqueline J
Bought by
Burket Michael

Purchase Details

Listed on
Jan 22, 2018
Closed on
Oct 1, 2018
Sold by
Welbaum Daniel E Est
Bought by
Burket Michael F and Burket Sarah B
Seller's Agent
Rebecca Cate
Better Homes and Gardens First Realty Group
Buyer's Agent
MEMBER NON-MLS
NON-MLS MEMBER
List Price
$359,000
Sold Price
$327,000
Premium/Discount to List
-$32,000
-8.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$329,673
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2011
Sold by
Welbaum Daniel
Bought by
Welbaum Daniel and Wilson Carmen

Purchase Details

Closed on
Feb 11, 2011
Sold by
Welbaum Ralph S
Bought by
Welbaum Daniel

Purchase Details

Closed on
Sep 19, 2008
Sold by
Gore Gregory A and Gore Kathryn L
Bought by
Welbaum Daniel and Welbaum Ralpha S
Source: Public Records

Range of Values:

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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
Burket Michael Flynn -- --
Burket Michael -- None Available
Burket Michael F -- --
Welbaum Daniel E Est -- --
Welbaum Daniel -- --
Welbaum Daniel -- --
Welbaum Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burket Michael F $333,700
Previous Owner Welbaum Daniel E Est $329,673
Previous Owner Gore Gregory A $50,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $327,000 -8.9% $75 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $359,000 -- $82 / 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 $3,982 $371,700 $40,600 $331,100
2023 $3,692 $338,500 $35,600 $302,900
2022 $3,750 $343,700 $35,600 $308,100
2021 $3,493 $317,400 $35,600 $281,800
2020 $3,461 $317,400 $35,600 $281,800
2019 $3,410 $315,100 $35,600 $279,500
2018 $3,323 $307,500 $35,600 $271,900
2017 $3,423 $318,700 $35,600 $283,100
2016 $3,383 $315,600 $35,600 $280,000
2014 $3,401 $320,800 $34,600 $286,200
2013 $3,401 $321,800 $34,600 $287,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10032563

APN: 89-18-16-000-207.000-028