NOT LISTED FOR SALE

337 S 8th St Unit 401 S 8TH ST Richmond, IN 47374

Estimated Value: $64,189 - $86,000

3 Beds
1 Bath
2,764 Sq Ft
$27/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $12,500 $5 Per Sq Ft

Est. 504% increase in value since last sale

Current estimated payment $459/month

About This Home

As of October 2015

Instant Money maker , Vinyl sided Duplex . This property is centrally located with access to all activities and shopping. Property has 3 bedrooms on each side and Dining room , Living room .. One unit has a bath and half . This is a Homepath property , Please direct all offers through www.homepath.com .

Last Agent to Sell the Property

Rick Robinson

Robinson Real Estate License #RB14041984 Listed on: 06/25/2015

Last Buyer's Agent

Lori Rider

Richmond Community Real Estate License #RB14048319

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $680

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 49 x 132

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 2,764 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch

Schools

  • Vaile Elementary School
  • Test Middle School
  • Richmond High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$680

Year Built

Built in 1920

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 337 S 8th ST
  • Second Address Number: 337
  • Estimated Year Built: 1920
  • Bank Corporate Owned: Yes
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 337 S 8th St
  • Geo Longitude: -84.8912964
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 17
  • Improvements Valuation: 56300
  • Land Valuation: 3500
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 0299968500
  • Taxes Half: 1317.32
  • Total Assessed Value: 56300
  • Number Three Bed Units: 2
  • Split Utilities: Yes
  • Unit 1 Heat Type: Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Number Rooms: 14
  • Has Basement: Yes, Unfinished
  • Price Per S Q F T: 4.52
  • Basement Type: Duplex

Exterior Features

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

Garage/Parking

  • Garage Type: None

Utilities

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

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

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

Lot Info

  • Geo Update Timestamp: 2015-11-02
  • Estimated Number Acres: 0.14
  • Land Contract: No
  • Lot Size: 49 X 132

Multi Family

  • Number Furnaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2015
Closed on
Oct 20, 2015
Sold by
Federal National Mortgage Asso
Bought by
Merk Investments Llc
Seller's Agent
Rick Robinson
Robinson Real Estate
Buyer's Agent
Lori Rider
Richmond Community Real Estate
List Price
$29,900
Sold Price
$12,500
Premium/Discount to List
-$17,400
-58.19%
Current Estimated Value
$75,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,047
Avg. Annual Appreciation
19.80%

Purchase Details

Closed on
Jun 10, 2015
Sold by
Sheriff Jeffrey F Cappa
Bought by
Federal National Mortgage Asso
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
Merk Investments Llc $12,500 --
Federal National Mortgage Asso $24,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2015 10/23/15 Sold $12,500 -58.2% $5 / Sq Ft
09/30/2015 09/30/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $29,900 -- $11 / 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 $680 $34,000 $3,500 $30,500
2023 $680 $34,000 $3,500 $30,500
2022 $680 $34,000 $3,500 $30,500
2021 $680 $34,000 $3,500 $30,500
2020 $680 $34,000 $3,500 $30,500
2019 $680 $34,000 $3,500 $30,500
2018 $680 $34,000 $3,500 $30,500
2017 $680 $57,500 $3,500 $54,000
2016 $1,150 $57,500 $3,500 $54,000
2014 $1,201 $59,800 $3,500 $56,300
2013 $1,201 $57,900 $3,500 $54,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Rick Robinson

    Robinson Real Estate

    (765) 939-3161

    8 Total Sales

    Rick Robinson
    Section Image
  • Lori Rider

    Buyer's Agent in 2015

    Lori Rider

    Richmond Community Real Estate

    (765) 967-1750

    91 Total Sales

    Lori Rider
    Section Image
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Map

Source: Richmond Association of REALTORS®

MLS Number: 10025735

APN: 89-18-05-240-713.000-030

Indiana Wayne County Richmond 47374

337 S 8th St Unit 401 S 8TH ST, Richmond, IN

This home is located at 337 S 8th St Unit 401 S 8TH ST, Richmond, IN 47374 since 25 June 2015 and is currently estimated at $75,547, approximately $27 per square foot. This property was built in 1920. 337 S 8th St Unit 401 S 8TH ST is a home located in Wayne County with nearby schools including Crestdale Elementary School, Dennis Middle School, and Richmond High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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