NOT LISTED FOR SALE

318 N 16th St Richmond, IN 47374

Estimated Value: $48,000 - $81,000

4 Beds
3 Baths
2,834 Sq Ft
$22/Sq Ft Est. Value

Last Sold May 16, 2017

Last sale price $7,500 $3 Per Sq Ft

Est. 743% increase in value since last sale

Current estimated payment $389/month

44 Days on Market

About This Home

As of May 2017

Great income potential. Investors look at this one! Square footage is estimated. Proof of funds or pre-qualification letter must accompany all offers. Earnest money must be certified funds. "Any licensed agent purchasing a REO property from seller as a 'principal' will not receive the 'selling portion' of the sales commission."

Last Agent to Sell the Property

Georgia Green

Coldwell Banker Lingle License #RB14023135 Listed on: 02/22/2017

Coldwell Banker Lingle

Co-Listed By

Heather Green

American Heritage Realty Inc

Last Buyer's Agent

Charles Townsend

eXp Realty LLC

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $538

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 57 x 109

Home Design

  • Triplex
  • Stick Built Home

Interior Spaces

  • 2,834 Sq Ft Home
  • 2-Story Property
  • Basement

Additional Homes

  • Efficiency Studio Dwelling Unit

Schools

  • Starr Elementary School
  • Test Middle School
  • Richmond High School

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$538

Year Built

Built in 1940

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 318 N 16th Street
  • Second Address Number: 318
  • Estimated Year Built: 1940
  • E X E M P T: None
  • Geo Address Line: 318 N 16th St
  • Geo Longitude: -84.8803787231445
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Taxes Half: 721
  • Split Utilities: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Has Basement: Yes
  • Price Per S Q F T: 2.65
  • Basement Type: Triplex

Exterior Features

  • Exterior Construction: Stick
  • Foundation: Basement

Utilities

  • Electric Company: Richmond Power and Light
  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Number of Units: 3

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • Elementary School: Starr
  • Middle School: Test
  • High School: Richmond
  • Elementary School: Starr
  • High School: Richmond
  • Middle School: Test

Lot Info

  • Geo Update Timestamp: 2017-05-17
  • Estimated Number Acres: 0.14
  • Land Contract: No
  • Lot Size: 57 x 109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2019
Sold by
Fox Dennis A
Bought by
Smith Dennis
Current Estimated Value
$63,209

Purchase Details

Listed on
Feb 22, 2017
Closed on
Apr 17, 2017
Sold by
Us Bank National Asociation
Bought by
Fox Dennis
Seller's Agent
Georgia Green
Coldwell Banker Lingle
Buyer's Agent
Charles Townsend
eXp Realty LLC
List Price
$13,600
Sold Price
$7,500
Premium/Discount to List
-$6,100
-44.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.40%

Purchase Details

Closed on
Jan 13, 2016
Sold by
Cappa Jeffrey F and Bane David L
Bought by
Us Bank National Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Dennis $5,000 --
Fox Dennis $7,500 None Available
Us Bank National Association $49,079 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bane David L $40,261
Closed Us Bank National Association $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2017 05/16/17 Sold $7,500 -44.9% $3 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $13,600 -- $5 / 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 $538 $26,900 $5,400 $21,500
2023 $470 $23,500 $4,700 $18,800
2022 $460 $23,000 $4,700 $18,300
2021 $428 $21,400 $4,700 $16,700
2020 $428 $21,400 $4,700 $16,700
2019 $428 $21,400 $4,700 $16,700
2018 $1,576 $78,800 $4,700 $74,100
2017 $1,568 $78,400 $4,700 $73,700
2016 $1,490 $74,500 $4,700 $69,800
2014 $1,444 $72,200 $4,700 $67,500
2013 $1,444 $72,300 $4,700 $67,600
Source: Public Records

Agents Affiliated with this Home

  • Georgia Green

    Seller's Agent in 2017

    Georgia Green

    Coldwell Banker Lingle

    (765) 265-0363

    126 Total Sales

    Georgia Green
    Section Image

  • H

    Seller Co-Listing Agent in 2017

    Heather Green

    American Heritage Realty Inc

    (765) 825-1103

    63 Total Sales

    Heather Green
    Section Image

  • C

    Buyer's Agent in 2017

    Charles Townsend

    eXp Realty LLC

    Section Image
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Map

Source: Richmond Association of REALTORS®

MLS Number: 10030228

APN: 89-16-33-320-604.001-030

Indiana Wayne County Richmond 47374

318 N 16th St, Richmond, IN

This home is located at 318 N 16th St, Richmond, IN 47374 since 22 February 2017 and is currently estimated at $63,209, approximately $22 per square foot. This property was built in 1940. 318 N 16th St is a home located in Wayne County with nearby schools including Starr Elementary School, Julia E. Test Intermediate School, and Richmond High School.

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