$295,000
SOLD JUN 29, 2015

3015 Lantern Trail Richmond, IN 47374

5 Beds
7 Baths
4,333 Sq Ft
3.5 Acres

Recently Sold

$68 Per Sq Ft

24% Below List Price

127 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Bedroom
  • Enclosed patio or porch
  • Multiple Fireplaces
  • Den
  • 5 Car Detached Garage

About This Home

As of March 2024

Country setting in town. Large tutor style house on large wooded lot, in ground pool, tennis courts, 5 car garage. Granite countertops. 5 bedrooms, 4 full & 3 half baths. 5 fireplaces. This estate was built in 1926 with old world craftsmen. Call Terry for details.

Last Agent to Sell the Property

Terry Jenkins

Jenkins Real Estate License #RB14013904 Listed on: 01/27/2015

Last Buyer's Agent

Terry Jenkins

Jenkins Real Estate License #RB14013904 Listed on: 01/27/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,955

Year Built

  • Built in 1926

Lot Details

  • 3.5 Acre Lot

Parking

  • 5 Car Detached Garage

Home Design

  • Frame Construction
  • Slate Roof
  • Stucco Exterior
  • Stick Built Home

Interior Spaces

  • 4,333 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room
  • Dining Room
  • Den
  • Partially Finished Basement
  • Partial Basement
  • Home Security System
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Outdoor Features

  • In Ground Pool
  • Enclosed patio or porch

Schools

  • Test/Dennis Middle School
  • Richmond High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,955

Year Built

Built in 1926

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 3015 Lantern Trail
  • Second Address Number: 3015
  • Estimated Year Built: 1926
  • Bank Corporate Owned: Yes
  • Estimated Size Bathroom 1: full
  • Estimated Size Bathroom 2: full
  • Estimated Size Bedroom 1: 14x15
  • Estimated Den Study Size: 14x23
  • Den Study Comments: fireplace
  • Den Study Level: m
  • Estimated Dining Room Size: 18x21
  • Dining Room Comments: fireplace
  • Dining Rm Level: m
  • Family Room Estimated Size: 24x36
  • Family Rm Comments: large fireplace
  • Family Room Level: m
  • Geo Address Line: 3015 Lantern Trail
  • Geo Longitude: -84.860664
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 464900
  • Kitchen Level: m
  • Land Valuation: 77600
  • Other Rm1 Approx Size: 16x11
  • Other Rm1 Comments: 3 season room
  • Other Rm1 Level: m
  • Other Rm2 Approx Size: 20x23
  • Other Rm2 Comments: pub room
  • Other Rm2 Level: b
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Building Style: 2 Story
  • Taxes Half: 4822.00
  • Total Assessed Value: 464900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1926

Interior Features

  • Appliances Included: Disposal
  • Bedroom 1 Level: m
  • Bathroom 1 Level: m
  • Bathroom 2 Level: u
  • Primary Bathroom: Yes
  • Amenities: In-Ground Pool, Security System
  • Has Basement: Yes, Partial Basement, Part Finished
  • Estimated Size Bedroom 2: 15x15
  • Bedroom 2 Level: u
  • Estimated Size Bedroom 3: 14x14
  • Bedroom 3 Level: u
  • Estimated Size Bedroom 4: 15x20
  • Bedroom 4 Level: u
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: Gas Burning, Wood Burning, 5
  • Lower Floor 1 Half Bathrooms: 3
  • Estimated Kitchen Size: 22x25
  • Price Per S Q F T: 68.08
  • Basement Type: Single Family

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Frame, Stucco
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch, 3-Season
  • Roof Age: 1926
  • Roof Type: Slate

Garage/Parking

  • Garage Capacity: 5+
  • Garage Type: Garage-Detached

Utilities

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

Fee Information

  • Tax Class: RESIDENTIAL

Schools

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

Lot Info

  • Geo Update Timestamp: 2015-08-10
  • Estimated Number Acres: 3.5
  • Land Contract: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Mar 4, 2024
Sold by
Jenkins Terry L and Jenkins Deborah J
Bought by
Brian Ray Reed Living Trust and Reed
Seller's Agent
Terry Jenkins
Jenkins Real Estate
Buyer's Agent
Marc Duning
Coldwell Banker Lingle
List Price
$625,000
Sold Price
$620,000
Premium/Discount to List
-$5,000
-0.8%
Views
36
Current Estimated Value
$629,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,492
Avg. Annual Appreciation
1.18%
Original Mortgage
$310,000
Outstanding Balance
$306,307
Interest Rate
6.6%
Mortgage Type
Seller Take Back
Estimated Equity
$323,185

Purchase Details

Closed on
Aug 17, 2022
Sold by
Douglas Philhower Paul
Bought by
Jenkins Terry

Purchase Details

Listed on
Jan 27, 2015
Closed on
Jul 20, 2015
Sold by
Wise Abby M
Bought by
Jenkins Terry L and Jenkins Deborah J
Seller's Agent
Terry Jenkins
Jenkins Real Estate
Buyer's Agent
Terry Jenkins
Jenkins Real Estate
List Price
$389,900
Sold Price
$295,000
Premium/Discount to List
-$94,900
-24.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%

Purchase Details

Listed on
Jan 27, 2015
Closed on
Jun 29, 2015
Sold by
Us Bank National Association
Bought by
Wise Abby M
Seller's Agent
Terry Jenkins
Jenkins Real Estate
Buyer's Agent
Terry Jenkins
Jenkins Real Estate
List Price
$389,900
Sold Price
$295,000
Premium/Discount to List
-$94,900
-24.34%

Purchase Details

Closed on
Jul 23, 2014
Sold by
Sheriff Jeffrey F Cappa
Bought by
Us Bank National Association

Purchase Details

Closed on
May 27, 2005
Sold by
Fox Edward C and Fox Delores A
Bought by
Schultz Matt D and Schultz Lisa Murray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,727
Interest Rate
5.98%
Mortgage Type
Stand Alone Second
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 Type Sale Price Title Company
Warranty Deed $620,000 None Listed On Document
Warranty Deed -- Weikart Kirk A
Deed $295,000 --
Deed $295,000 --
Sheriffs Deed $333,700 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $310,000 Seller Take Back
Previous Owner $472,500 New Conventional
Previous Owner $352,000 Adjustable Rate Mortgage/ARM
Previous Owner $56,727 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $620,000 -0.8% $124 / Sq Ft
01/12/2024 01/12/24 For Sale $625,000 +5.0% $125 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
12/02/2022 12/02/22 Sold $595,000 0.0% $119 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $595,000 +101.7% $119 / Sq Ft
06/29/2015 06/29/15 Sold $295,000 -24.3% $68 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $389,900 -- $90 / 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 $5,955 $566,400 $88,400 $478,000
2023 $5,851 $498,700 $77,600 $421,100
2022 $5,646 $478,000 $77,600 $400,400
2021 $5,302 $444,400 $77,600 $366,800
2020 $5,305 $444,500 $77,600 $366,900
2019 $5,305 $444,500 $77,600 $366,900
2018 $5,879 $470,300 $77,600 $392,700
2017 $5,395 $451,700 $77,600 $374,100
2016 $6,031 $472,900 $77,600 $395,300
2014 $9,927 $464,900 $77,600 $387,300
2013 $9,927 $451,400 $77,600 $373,800
Source: Public Records

Agents Affiliated with this Home

  • Terry Jenkins

    Seller's Agent in 2024

    Terry Jenkins

    Jenkins Real Estate

    (765) 962-0523

    54 Total Sales

    Terry Jenkins
    Section Image
  • Marc Duning

    Buyer's Agent in 2024

    Marc Duning

    Coldwell Banker Lingle

    (765) 967-6272

    199 Total Sales

    Marc Duning
    Section Image

  • R

    Buyer's Agent in 2022

    Rob Johnson

    Better Homes and Gardens First Realty Group

    (765) 969-2233

    158 Total Sales

    Rob Johnson
    Section Image
See All Agents

Map

Source: Richmond Association of REALTORS®

MLS Number: 10024628

APN: 89-18-10-200-405.000-030

Indiana Wayne County Richmond 47374

3015 Lantern Trail, Richmond, IN

This home is located at 3015 Lantern Trail, Richmond, IN 47374 and is currently priced at $295,000, approximately $68 per square foot. This property was built in 1926. 3015 Lantern Trail is a home located in Wayne County with nearby schools including Charles Elementary School, Julia E. Test Intermediate School, and Richmond High School.

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