$115,000
SOLD JAN 24, 2025

263 SW 1st St Richmond, IN 47374

3 Beds
1 Bath
1,028 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

4% Below List Price

57 Days on Market

Highlights

  • Covered patio or porch
  • 1-Story Property
  • Forced Air Heating System
  • Bungalow

About This Home

As of January 2025

Welcome to 263 SW 1st St in Richmond Indiana. This cozy little bungalow has undergone a tremendous amount of recent renovations and is now just waiting on its new owner! Situated on Richmond's SW side this home has 3 bedrooms and 1 bath as well as a full basement and an attached storage shed. Located just seconds from Richmond High School and minutes from shopping the convenience is perfect. Pulling up you will notice a brand new asphalt shingle roof and beautiful new windows. Walk up and take some rest and relaxation on the recently painted covered porch. Upon entering you will notice a cozy efficient layout with many new upgrades including: new paint, new flooring throughout, all new light fixtures, fully remodeled kitchen (appliances included), tastefully remodeled bathroom with tile surround, fully cleaned and painted basement, furnace upgrades, plumbing upgrades and more! This home really does check all the boxes. Coming in at $125,900 it's sure to not last long. It can go FHA as of Dec 6th. Call or text Derek Callahan at 765-277-1910 to set up your private tour today.

Last Agent to Sell the Property

Derek Callahan

Coldwell Banker Lingle License #RB19001795 Listed on: 12/30/2024

Coldwell Banker Lingle

Last Buyer's Agent

Chris Kovach

Better Homes and Gardens First Realty Group

Better Homes and Gardens First Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,374

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50x70

Home Design

  • Bungalow
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,028 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,374

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 263 SW 1ST STREET
  • Second Address Number: 263
  • Estimated Size Bathroom 1: 9.5X5.65
  • Estimated Size Bedroom 1: 14.41X10.25
  • Bedroom 1 Comments: MASTER BEDROOM
  • Estimated Dining Room Size: 24.45X12.4
  • 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, VA
  • Geo Address Line: 263 SW 1st St
  • Geo Longitude: -84.902852
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Estimated Living Room Size: 24.45X12.4
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Building Style: Bungalow
  • Taxes Half: $602
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances Included: Dishwasher, Microwave, Range-Electric, Refrigerator
  • Primary Bathroom: No
  • Has Basement: No
  • Estimated Size Bedroom 2: 12.5X10.45
  • Estimated Size Bedroom 3: 8.4X10.4
  • Lower Floor 1 Bedrooms: 3
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 10.5X10.7
  • Price Per S Q F T: 111.87
  • Basement Type: Single Family
  • Window Treatments Stay: None

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Porch/Deck Type: Covered, Porch
  • Roof Age: 2 MONTHS
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Garage Capacity: 0

Utilities

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

Fee Information

  • Tax Class: RESIDENTIAL

Schools

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

Lot Info

  • Geo Update Timestamp: 2024-11-04
  • Estimated Number Acres: 0.08
  • Land Contract: No
  • Lot Size: 50X70
  • Zoning: RESIDENTIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2024
Closed on
Jan 24, 2025
Sold by
Merk Holdings In 3 Llc
Bought by
Kovach Chris and Kovach Brianna
Seller's Agent
Derek Callahan
Coldwell Banker Lingle
Buyer's Agent
Chris Kovach
Better Homes and Gardens First Realty Group
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%
Views
17
Current Estimated Value
$104,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,996
Avg. Annual Appreciation
-18.95%
Original Mortgage
$92,000
Outstanding Balance
$91,840
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$13,892

Purchase Details

Closed on
Sep 4, 2024
Sold by
Nortac Properties Llc
Bought by
Merk Holdings In 3 Llc

Purchase Details

Closed on
Aug 28, 2024
Sold by
Whitt Laurel
Bought by
Nortac Properties Llc

Purchase Details

Closed on
May 3, 2013
Sold by
Nortac Properties Llc
Bought by
Mills Bobby and Mills Anna

Purchase Details

Closed on
Dec 7, 2012
Sold by
Elaine Mathews Kimberly Mechelle
Bought by
Nortac Propertis Llc

Purchase Details

Closed on
Jul 29, 2011
Sold by
Sibert Della
Bought by
Elaine Mathews Kimberly Mcchelle
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed $25,000 None Listed On Document
Quit Claim Deed $25,000 None Listed On Document
Contract Of Sale -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $115,000 -4.1% $112 / Sq Ft
12/31/2024 12/31/24 Pending -- -- --
12/30/2024 12/30/24 For Sale $119,900 0.0% $117 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
11/18/2024 11/18/24 Price Changed $119,900 -4.8% $117 / Sq Ft
11/04/2024 11/04/24 For Sale $125,900 -- $122 / 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 $1,374 $68,700 $9,900 $58,800
2023 $1,204 $60,200 $8,700 $51,500
2022 $1,216 $60,800 $8,700 $52,100
2021 $0 $55,200 $8,700 $46,500
2020 $0 $54,200 $8,700 $45,500
2019 $448 $52,200 $8,700 $43,500
2018 $0 $52,200 $8,700 $43,500
2017 $448 $58,700 $8,700 $50,000
2016 $421 $58,700 $8,700 $50,000
2014 $421 $57,900 $8,700 $49,200
2013 $421 $56,100 $8,700 $47,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10049815

APN: 89-18-05-140-201.000-030