NOT LISTED FOR SALE

401 Park Terrace Dr Richmond, IN 47374

Estimated Value: $137,000 - $153,000

3 Beds
1.5 Baths
1,358 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $76,000 $56 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $849/month

185 Days on Market

Highlights

  • First Floor Utility Room
  • Bathroom on Main Level
  • 1-Story Property
  • Living Room

About This Home

As of April 2013

Many updates on this 3 bedroom, 1.5 bath ranch. All new carpet and replacement windows. New paint throughout. Updated baths. Great Hickory cabinets in kitchen. One car attached garage with storage closet. Kitchen appliances to stay. Great fenced yard. Nearly 1400 square foot. Homestead exemptions.

Last Agent to Sell the Property

JERRY KIRCHER

Better Homes and Gardens First Realty Group License #RB14036531 Listed on: 09/28/2012

Last Buyer's Agent

Lori Rider

Richmond Community Real Estate License #RB14048319

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $776

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 75x115

Interior Spaces

  • 1,358 Sq Ft Home
  • 1-Story Property
  • Living Room
  • First Floor Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Parking

  • 1 Car Garage
  • Driveway

Schools

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$776

Year Built

Built in 1955

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 401 PARK TERRACE DRIVE
  • Second Address Number: 401
  • Estimated Year Built: 1955
  • Average Monthly Electric: 72.00
  • Average Monthly Gas: 105.00
  • Average Water Per Month: 60.00
  • Estimated Size Bathroom 1: HALF BATH
  • Estimated Size Bathroom 2: FULL BATH
  • Estimated Size Bedroom 1: 11.10X17.11
  • Family Room Estimated Size: 11.1X20.9
  • Geo Address Line: 401 Park Terrace Dr
  • Geo Longitude: -84.9230194091797
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 59400
  • Kitchen Level: M
  • Land Valuation: 15000
  • Estimated Living Room Size: 13.9X9
  • Living Rm Level: M
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • FILLSUBDIVISION: Other
  • Tax Dup Number: 0293126500
  • Taxes Half: 256.50
  • Total Assessed Value: 74400
  • Estimated Utility Room Size: 5X5
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1955

Interior Features

  • Total Number Rooms: 7
  • Bedroom 1 Level: M
  • Bathroom 1 Level: M
  • Bathroom 2 Level: M
  • Primary Bathroom: No
  • Kitchen Comments: L-SHAPED/DINING
  • Has Basement: No
  • Estimated Size Bedroom 2: 9.9X12.2
  • Bedroom 2 Level: M
  • Estimated Size Bedroom 3: 11X13.6
  • Bedroom 3 Level: M
  • Lower Floor 1 Bedrooms: 3
  • Lower Floor 1 Half Bathrooms: 1
  • Estimated Kitchen Size: 15.10X18.0
  • Price Per S Q F T: 55.96
  • Basement Type: Single Family

Exterior Features

  • Roof Age: 2000

Garage/Parking

  • Driveway: CONCRETE
  • Garage Capacity: 1

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: 2013-04-12
  • Land Contract: No
  • Lot Size: 75X115
  • Zoning: RESIDENTIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2012
Closed on
Apr 11, 2013
Sold by
Johnson Kevin E and Davis Lori A
Bought by
Ripberger Travis W and Ripberger Joyce E
Seller's Agent
JERRY KIRCHER
Better Homes and Gardens First Realty Group
Buyer's Agent
Lori Rider
Richmond Community Real Estate
List Price
$84,900
Sold Price
$76,000
Premium/Discount to List
-$8,900
-10.48%
Current Estimated Value
$143,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,917
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Jul 8, 2005
Sold by
Wrege Helmuth G and Wrege Linda L
Bought by
Johnson Kevin E and Davis Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,240
Interest Rate
5.68%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Ripberger Travis W -- None Available
Johnson Kevin E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Kevin E $80,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2013 04/12/13 Sold $76,000 -10.5% $56 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
09/28/2012 09/28/12 For Sale $84,900 -- $63 / 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 $776 $98,800 $17,000 $81,800
2023 $452 $86,700 $15,000 $71,700
2022 $590 $86,300 $15,000 $71,300
2021 $474 $81,300 $15,000 $66,300
2020 $437 $80,800 $15,000 $65,800
2019 $338 $77,600 $15,000 $62,600
2018 $307 $76,700 $15,000 $61,700
2017 $220 $71,100 $15,000 $56,100
2016 $238 $73,700 $15,000 $58,700
2014 $267 $76,600 $15,000 $61,600
2013 $267 $69,500 $15,000 $54,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10018248

APN: 89-16-31-310-410.000-030