James May
Coldwell Banker College Real E
(937) 583-6871
99 Total Sales
3 in Richmond
$105K - $528K Price Range
311 S 3rd St Richmond, IN 47374
Richmond AreaEstimated Value: $72,000 - $148,000
3
Beds
2
Baths
2,015
Sq Ft
$52/Sq Ft
Est. Value
About This Home
This 1830's Olde Richmond property at 311 S 3rd Street has been meticulously restored to today's standards in over 2,000 square feet. Featuring 2 bedrooms (which could be expanded to 3 or 4) and 2 full baths, the living room on the first floor offers ample space for relaxation and entertaining, while the family room on the second floor provides an additional gathering space with an outdoor deck attached to enjoy a beverage in the morning or evening.
The kitchen is equipped with stainless steel counters and appliances, a refrigerator, some and gas range, new dishwasher, plus a pantry for extra storage. The bathrooms have a tub & shower combination, and the bedrooms are designed for comfort and privacy with the washer and dryer on the second floor.
Additional amenities include central air conditioning, heating, high-speed internet access, and cable ready. The exterior includes a private deck off the second floor family room and a fenced in side yard for privacy. The property is smoke-free and includes a mud room and office space.
Centrally located in Historic Olde Richmond, Walk to Downtown in 5 minutes. The Southide Bar and Grill - two blocks away, The Old Richmond Inn and the 5th Street Bagel Shop - 3 blocks. Just a few minutes by car to Earlham College, IU East, and Reid Hospital.
Partially furnished and freshly painted.
Tenant takes care of all utilities and lawn care. NO SMOKING. One year lease. Pet policy--Maximum 2 under 40#, $300 deposit per pet, $35 per pet monthly.
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Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 23, 2023
Sold by
Krauss Philip L and Krauss Lori K
Bought by
Current Estimated Value
Purchase Details
Closed on
Aug 14, 2013
Sold by
Somerville National Bank
Bought by
Group 706 Llc
Purchase Details
Closed on
Jul 21, 2010
Sold by
Zagursky Joyce A and Olmsted Tim M
Bought by
Somerville National Bank
Purchase Details
Closed on
Nov 8, 2005
Sold by
Wages Troy P and Wages Caroll L
Bought by
Olmsted Tim M and Zagursky Joyce A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Richmond, IN
-
James May
-
Beth Carr
Beth Carr
RE/MAX First Integrity
(765) 575-9699
75 Total Sales
1 in Richmond
$34,500 Price
-
Don Harrington
Don Harrington
F.C. Tucker Company
(317) 676-3380
221 Total Sales
1 in Richmond
$219,000 Price
-
Mary Mayberry
Mary Mayberry
Coldwell Banker Lingle
(765) 542-5876
77 Total Sales
59 in Richmond
$38K - $445K Price Range
-
Sheri Jones
Sheri Jones
Hoosier, REALTORS®
(812) 587-7444
182 Total Sales
1 in Richmond
$30,000 Price
-
Gary Coats
Gary Coats
Flesher Brothers Auctioneering and Real Estate Inc
(765) 305-4162
122 Total Sales
9 in Richmond
$103K - $223K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Group 706 Llc | -- | None Available | |
| Somerville National Bank | $75,000 | -- | |
| Olmsted Tim M | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $29,600 | ||
| Previous Owner | Olmsted Tim M | $96,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/13/2026 07/13/26 | Off Market | $1,200 | -- | -- |
| 06/25/2026 06/25/26 | Price Changed | $1,200 | 0.0% | $1 / Sq Ft |
| 06/25/2026 06/25/26 | For Rent | $1,200 | -14.3% | -- |
| 05/05/2026 05/05/26 | Off Market | $1,400 | -- | -- |
| 03/18/2026 03/18/26 | For Rent | $1,400 | -- | -- |
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $458 | $22,900 | $13,100 | $9,800 |
| 2024 | $344 | $19,900 | $11,100 | $8,800 |
| 2023 | $2 | $17,500 | $9,700 | $7,800 |
| 2022 | $71 | $17,600 | $9,700 | $7,900 |
| 2021 | $66 | $17,000 | $9,700 | $7,300 |
| 2020 | $60 | $16,700 | $9,700 | $7,000 |
| 2019 | $57 | $16,700 | $9,700 | $7,000 |
| 2018 | $56 | $16,700 | $9,700 | $7,000 |
| 2017 | $91 | $16,800 | $9,700 | $7,100 |
| 2016 | $60 | $17,400 | $9,700 | $7,700 |
| 2014 | $1,753 | $86,500 | $9,700 | $76,800 |
| 2013 | $1,753 | $89,200 | $9,700 | $79,500 |
Source: Public Records
Map
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