NOT LISTED FOR SALE

321 S 8th St Richmond, IN 47374

Estimated Value: $66,000 - $96,000

6 Beds
2 Baths
2,902 Sq Ft
$29/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $21,000 $7 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $554/month

Highlights

  • Covered Patio or Porch
  • Detached Garage
  • Wood Siding

About This Home

As of December 2017

Long term tenants in both units who pay "on time, every time" to give an investor good income potential. Upgrades have been ongoing with electric, kitchen cabinets, porch roof, plumbing, fencing, and flooring. Staircase still in place if owner wished to live in and have one unit. Legal: 48FT LOT 30 C R & F W PT 2 FT SOUTHSIDE EXC 9 1/2 FT EXC 1X41 1/2 OFF REAR LOT 4 W.A. BICKLE

Last Agent to Sell the Property

PAULA HORSTMAN

Better Homes and Gardens First Realty Group License #RB14021760 Listed on: 08/01/2017

Last Buyer's Agent

Vicky Carr

Spartan Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 1920

Lot Details

  • 6,447

Parking

  • Detached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,902 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Electric Range

Schools

  • Richmond High School

Utilities

  • Window Unit Cooling System
  • Furnace
  • Heating System Uses Gas
  • Gas Available
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 49x132

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,319

Year Built

Built in 1920

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 321 S 8th Street
  • Second Address Number: 321
  • Estimated Year Built: 1920
  • Directions: South 8th
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 321 S 8th St
  • Geo Longitude: -84.89129
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: $37,100
  • Land Valuation: $3500
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 0294759900
  • Taxes Half: $406.00
  • Total Assessed Value: 40600
  • Number Three Bed Units: 2
  • Split Utilities: No
  • Unit 1 Appliances: Range-Electric
  • Unit 1 Heat Type: Furnace, Gas
  • Unit 2 Appliances: Range-Electric, Refrigerator
  • Unit 2 Heat Type: Furnace, Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Number Rooms: 10
  • Amenities: Cable TV
  • Has Basement: Yes, Full Basement
  • Price Per S Q F T: 7.24
  • Basement Type: Duplex
  • Window Treatments Stay: None

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl, Wood
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Age: 15
  • Roof Type: Composition, Shingle

Garage/Parking

  • Garage Type: Garage-Detached

Utilities

  • Air Conditioner: Window
  • Electric Company: Richmond Power and Light
  • Gas Company: Vectren Gas Company
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas
  • Number Water Heaters: 1

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • High School: Richmond
  • High School: Richmond

Lot Info

  • Geo Update Timestamp: 2017-12-04
  • Land Contract: No
  • Lot Size: 49X132
  • Zoning: R

Multi Family

  • Number Furnaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Dec 1, 2017
Sold by
Northrup Properties Llc
Bought by
Suitts Chad A
Seller's Agent
PAULA HORSTMAN
Better Homes and Gardens First Realty Group
Buyer's Agent
Vicky Carr
Spartan Realty, LLC
List Price
$26,900
Sold Price
$21,000
Premium/Discount to List
-$5,900
-21.93%
Current Estimated Value
$83,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,414
Avg. Annual Appreciation
19.21%
Original Mortgage
$43,350
Outstanding Balance
$30,433
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$52,981

Purchase Details

Closed on
Jul 17, 2007
Sold by
Northrup Robert M
Bought by
Northrup Properties Llc

Purchase Details

Closed on
Oct 11, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
Northup Robert M
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
Suitts Chad A -- None Available
Northrup Properties Llc -- --
Northup Robert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suitts Chad A $43,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2017 12/01/17 Sold $21,000 -21.9% $7 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $26,900 -- $9 / 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 $1,319 $44,400 $4,000 $40,400
2023 $784 $39,200 $3,500 $35,700
2022 $782 $39,100 $3,500 $35,600
2021 $716 $35,800 $3,500 $32,300
2020 $716 $35,800 $3,500 $32,300
2019 $700 $35,000 $3,500 $31,500
2018 $820 $41,000 $3,500 $37,500
2017 $812 $40,600 $3,500 $37,100
2016 $812 $40,600 $3,500 $37,100
2014 $812 $40,600 $3,500 $37,100
2013 $812 $39,400 $3,500 $35,900
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    PAULA HORSTMAN

    Better Homes and Gardens First Realty Group

  • Vicky Carr

    Buyer's Agent in 2017

    Vicky Carr

    Spartan Realty, LLC

    (765) 338-9012

    46 Total Sales

    Vicky Carr
    Section Image
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Map

Source: Richmond Association of REALTORS®

MLS Number: 10031500

APN: 89-18-05-240-708.000-030

Indiana Wayne County Richmond 47374

321 S 8th St, Richmond, IN

This home is located at 321 S 8th St, Richmond, IN 47374 since 01 August 2017 and is currently estimated at $83,414, approximately $28 per square foot. This property was built in 1920. 321 S 8th St is a home located in Wayne County with nearby schools including Crestdale Elementary School, Dennis Middle School, and Richmond High School.

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