$20,000
SOLD FEB 29, 2012

338 SW 16th St Richmond, IN 47374

2 Beds
1 Bath
1,300 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$15 Per Sq Ft

23% Below List Price

41 Days on Market

Highlights

  • Covered patio or porch
  • Bungalow
  • Central Air
  • 2 Car Detached Garage

About This Home

As of November 2012

Period Deadline: 1/12/2012 11:59:59 PM CST FHA Financing: IE (Insured Escrow) 203K Eligible: Yes

Last Agent to Sell the Property

Rick Robinson

Robinson Real Estate License #RB14041984 Listed on: 12/14/2011

Last Buyer's Agent

Elly Casebolt-Flanagan

Better Homes and Gardens First Realty Group License #RB14047840

Better Homes and Gardens First Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $381

Year Built

  • Built in 1935

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,300 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Schools

  • Westview Elementary School
  • Dennis/Test Middle School
  • Richmond High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$381

Year Built

Built in 1935

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 338 SW 16
  • Second Address Number: 338
  • Estimated Year Built: 1935
  • Estimated Basement Size: 760
  • E X E M P T: Homestead Credit
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 338 SW 16TH St
  • Geo Longitude: -84.924942
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 59300
  • Land Valuation: 12300
  • OFFICELIST_STATE: IN
  • Building Stories: 1.5
  • Building Style: Bungalow
  • Tax Dup Number: 02999785
  • Taxes Half: 273.55
  • Total Assessed Value: 71600
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1935

Interior Features

  • Total Number Rooms: 5
  • Primary Bathroom: No
  • Has Basement: Yes, Full Basement, Unfinished
  • Lower Floor 1 Bedrooms: 2
  • Lower Floor 1 Half Bathrooms: 0
  • Price Per S Q F T: 15.38
  • Basement Type: Single Family

Exterior Features

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

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Garage-Detached

Utilities

  • Air Conditioner: Central Air
  • Electric Company: Richmond Power & Light
  • Gas Company: CenterPoint/Vectren
  • Heat Type: Gas
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • Elementary School: Westview
  • Middle School: Dennis/Test
  • High School: Richmond
  • Elementary School: Westview
  • High School: Richmond
  • Middle School: Dennis/Test

Lot Info

  • Geo Update Timestamp: 2012-05-08
  • Estimated Number Acres: 0.14
  • Land Contract: No
  • Lot Size: 50 X 125
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2012
Closed on
Nov 6, 2012
Sold by
Estes Steven
Bought by
Roulston Debra K
Seller's Agent
Elly Casebolt-Flanagan
Better Homes and Gardens First Realty Group
Buyer's Agent
Elly Casebolt-Flanagan
Better Homes and Gardens First Realty Group
List Price
$62,900
Sold Price
$55,000
Premium/Discount to List
-$7,900
-12.56%
Current Estimated Value
$122,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,449
Avg. Annual Appreciation
6.53%
Original Mortgage
$54,003
Outstanding Balance
$37,998
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$85,172

Purchase Details

Listed on
Dec 14, 2011
Closed on
Feb 29, 2012
Sold by
Secretary Of Hud
Bought by
Estes Steven
Seller's Agent
Rick Robinson
Robinson Real Estate
Buyer's Agent
Elly Casebolt-Flanagan
Better Homes and Gardens First Realty Group
List Price
$26,000
Sold Price
$20,000
Premium/Discount to List
-$6,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
333.23%
Original Mortgage
$40,000
Interest Rate
3.86%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 15, 2011
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Oct 12, 2011
Sold by
Pittman Jeremy S
Bought by
Wels Fargo Bank Na
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 Type Sale Price Title Company
Deed $55,000 --
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Limited Warranty Deed -- None Available
Sheriffs Deed $81,995 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,463 FHA
Open $15,614 New Conventional
Open $54,003 FHA
Previous Owner $40,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2012 11/06/12 Sold $55,000 -12.6% $42 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $62,900 +214.5% $48 / Sq Ft
02/29/2012 02/29/12 Sold $20,000 -23.1% $15 / Sq Ft
01/24/2012 01/24/12 Pending -- -- --
12/14/2011 12/14/11 For Sale $26,000 -- $20 / 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 $381 $83,100 $14,000 $69,100
2023 $1,444 $72,200 $12,300 $59,900
2022 $146 $73,200 $12,300 $60,900
2021 $90 $67,700 $12,300 $55,400
2020 $119 $71,000 $12,300 $58,700
2019 $95 $69,100 $12,300 $56,800
2018 $92 $69,100 $12,300 $56,800
2017 $88 $68,800 $12,300 $56,500
2016 $177 $67,100 $12,300 $54,800
2014 $167 $67,400 $12,300 $55,100
2013 $167 $68,300 $12,300 $56,000
Source: Public Records

Agents Affiliated with this Home

  • Elly Casebolt-Flanagan

    Seller's Agent in 2012

    Elly Casebolt-Flanagan

    Better Homes and Gardens First Realty Group

    (765) 220-5632

    143 Total Sales

    Section Image

  • R

    Seller's Agent in 2012

    Rick Robinson

    Robinson Real Estate

    (765) 939-3161

    9 Total Sales

    Section Image
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Map

Source: Richmond Association of REALTORS®

MLS Number: 10015994

APN: 89-18-06-130-413.000-030

Indiana Wayne County Richmond 47374

338 SW 16th St, Richmond, IN

This home is located at 338 SW 16th St, Richmond, IN 47374 and is currently priced at $20,000, approximately $15 per square foot. This property was built in 1935. 338 SW 16th St is a home located in Wayne County with nearby schools including Westview Elementary School, Dennis Intermediate 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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