NOT LISTED FOR SALE

328 S 15th St Unit 330 S 15th Street Richmond, IN 47374

Estimated Value: $55,000 - $100,000

3 Beds
1 Bath
2,844 Sq Ft
$28/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $50,000 $18 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $491/month

13 Days on Market

About This Home

As of October 2023

Single DUPLEX OR POTENTIAL PACKAGE DEAL AVAILABLE!!! Welcome to 328-330 S 15th Street, a side-by-side DUPLEX featuring 3 bedrooms and 1 bath in each unit. Both units currently rent at $700/month, however market rent could potentially be increased to approximately $800-$850/month per unit. In addition to the high cash flow, both units recently underwent cosmetic upgrades including painting and flooring. Both furnaces are in good working order and were serviced last year and one unit has a brand new water heater. All utilities, including water and sewer, are separately metered, making this property a cash cow! ***This property could be packaged with 2 other Duplexes and a 4-Unit with a garage. Contact FOUST for your HOUSE for more information at (765) 967-3051. Text 1109655 to 35620 for more information and photos.

Last Agent to Sell the Property

Tony Foust

Coldwell Banker Lingle License #RB16001818 Listed on: 08/21/2023

Coldwell Banker Lingle

Last Buyer's Agent

Tony Foust

Coldwell Banker Lingle License #RB16001818 Listed on: 08/21/2023

Coldwell Banker Lingle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1910

Lot Details

  • 6,926 Sq Ft Lot
  • Lot Dimensions are 42x165

Home Design

  • Duplex
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,844 Sq Ft Home
  • 2-Story Property
  • Electric Range
  • Washer and Dryer Hookup
  • Basement

Outdoor Features

  • Covered Patio or Porch

Schools

  • Dennis Middle School
  • Richmond High School

Utilities

  • Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Multiple Water Heaters
  • Gas Water Heater

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $476
  • Professional Management Expense $1,680
  • Operating Expense $4,366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$890

Year Built

Built in 1910

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 328 S 15th Street
  • Second Address Number: 328
  • Estimated Year Built: 1910
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 328 S 15th St
  • Geo Longitude: -84.881998
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 029-53174-00
  • Taxes Half: 445.00
  • Number Three Bed Units: 2
  • Split Utilities: Yes
  • Unit 1 Appliances: Range-Electric, Refrigerator
  • Unit 1 Heat Type: Furnace, Gas
  • Unit 2 Appliances: Range-Electric, Refrigerator, Washer/Dryer Hookup
  • Unit 2 Heat Type: Furnace, Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Total Number Rooms: 14
  • Has Basement: Yes
  • Price Per S Q F T: 17.58
  • Basement Type: Duplex

Exterior Features

  • Exterior Construction: Stick
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Type: Shingle

Utilities

  • Electric Company: Richmond Power and Light
  • Gas Company: Vectren Gas Company
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas
  • Insurance: 476
  • Number Water Heaters: 2

Condo/Co-op/Association

  • Management: 1680
  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 890

Schools

  • Middle School: Dennis
  • High School: Richmond
  • High School: Richmond
  • Middle School: Dennis

Lot Info

  • Geo Update Timestamp: 2023-08-23
  • Estimated Number Acres: 0.159
  • Land Contract: No
  • Lot Size: 42x165
  • Zoning: Res

Multi Family

  • Number Furnaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2024
Sold by
Olea Juan
Bought by
Hann Enterprises Llc
Current Estimated Value
$78,457

Purchase Details

Listed on
Aug 21, 2023
Closed on
Oct 13, 2023
Sold by
Springside Holdings Llc
Bought by
Olea Juan
Seller's Agent
Tony Foust
Coldwell Banker Lingle
Buyer's Agent
Tony Foust
Coldwell Banker Lingle
List Price
$74,500
Sold Price
$50,000
Premium/Discount to List
-$24,500
-32.89%
Views
119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.84%

Purchase Details

Closed on
Jun 13, 2022
Sold by
Maggard Aaron L and Maggard Martha L
Bought by
Springside Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,950
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2009
Sold by
Wilczynski Maria Helena
Bought by
Maggard Aaron and Maggard Martha L
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
Hann Enterprises Llc -- None Listed On Document
Olea Juan -- None Listed On Document
Springside Holdings Llc -- Parker Craig C
Maggard Aaron -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Springside Holdings Llc $31,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $50,000 -32.9% $18 / Sq Ft
08/21/2023 08/21/23 For Sale $74,500 -- $26 / 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 $899 $43,900 $11,000 $32,900
2023 $842 $42,100 $9,600 $32,500
2022 $890 $44,500 $9,600 $34,900
2021 $862 $43,100 $9,600 $33,500
2020 $858 $42,900 $9,600 $33,300
2019 $858 $42,900 $9,600 $33,300
2018 $1,001 $45,800 $9,600 $36,200
2017 $1,001 $45,800 $9,600 $36,200
2016 $929 $45,100 $9,600 $35,500
2014 $1,481 $72,800 $9,600 $63,200
2013 $1,481 $75,100 $9,600 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10046933

APN: 89-18-04-140-216.000-030