NOT LISTED FOR SALE

402 S 16th St Richmond, IN 47374

Estimated Value: $113,000 - $157,000

3 Beds
1.5 Baths
1,543 Sq Ft
$89/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $83,500 $54 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $836/month

32 Days on Market

Highlights

  • Covered Patio or Porch
  • 2.5 Car Detached Garage
  • Bathroom on Main Level
  • First Floor Utility Room
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of March 2012

This is a spectacular southeast side home with tons of character. You won't believe the beamed ceilings, leaded glass & stained glass windows, french doors into the dining room with bench seat and beautiful built-ins, saloon-style swinging doors off of both kitchen entries, beautiful woodwork throughout, a large, built-in spice rack in the kitchen, a laundry shute in the half bath, and a fully-floored 3rd floor attic space with loads of potential for finishing into more bedrooms, a play room, art studio, office, etc. The home has replacement windows throughout, new carpet & vinyl flooring, ceramic tile in kitchen, brand-new kitchen cabinets & counters, and a beautiful high end bathroom that is all brand-new. Also, there are 2 electric baseboards in laundry room and NE bedrooms for supplemental heat.

Last Agent to Sell the Property

Elly Casebolt-Flanagan

Coldwell Banker Lingle License #RB14047840 Listed on: 01/09/2012

Coldwell Banker Lingle

Last Buyer's Agent

SHELLY BURRIS

Better Homes and Gardens First Realty Group License #RB14033875

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,095

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42x127

Parking

  • 2.5 Car Detached Garage

Home Design

  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,543 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Basement

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • $3,101 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,095

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Additional Garage: Garage-Detached
  • OFFICELIST_ADDRESS: 402 S 16TH STREET
  • Second Address Number: 402
  • Estimated Year Built: 1925
  • Estimated Size Bathroom 1: 10.10X6.5
  • Estimated Size Bathroom 2: HALF
  • Estimated Size Bedroom 1: 13.5X9.11
  • Estimated Dining Room Size: 17.11X13
  • Dining Rm Level: M
  • Directions: EAST MAIN, SOUTH ON SOUTH 16TH STREET, TO HOUSE ON RIGHT
  • E X E M P T: Homestead Credit, Mortgage
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA, FHA 1st Buyer, VA
  • Geo Address Line: 402 S 16TH St
  • Geo Longitude: -84.880913
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: M
  • Estimated Living Room Size: 23.5X13.6
  • Living Rm Level: M
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Building Style: 2 Story
  • Tax Dup Number: 029-42517-00
  • Taxes Half: 347.51
  • Estimated Utility Room Size: 5.5X7
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Appliances Included: Dishwasher, Disposal, Microwave-Built In
  • Total Number Rooms: 7
  • Bedroom 1 Level: U
  • Bathroom 1 Level: U
  • Bathroom 2 Level: M
  • Primary Bathroom: No
  • Amenities: Cable TV
  • Has Basement: Yes
  • Estimated Size Bedroom 2: 13.10X10
  • Bedroom 2 Level: U
  • Estimated Size Bedroom 3: 14.6X13.3
  • Bedroom 3 Level: U
  • Lower Floor 1 Bedrooms: 3
  • Lower Floor 1 Half Bathrooms: 1
  • Estimated Kitchen Size: 12.8X9.11
  • Price Per S Q F T: 54.12
  • Basement Type: Single Family
  • Window Treatments Stay: All

Exterior Features

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

Garage/Parking

  • Garage Capacity: 2.5

Utilities

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

Fee Information

  • Tax Class: RESIDENTIAL

Schools

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

Lot Info

  • Geo Update Timestamp: 2012-03-22
  • Estimated Number Acres: 0.12
  • Land Contract: No
  • Lot Size: 42X127
  • Zoning: RESIDENTIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2012
Closed on
Mar 16, 2012
Sold by
Steven W Casebolt Inc
Bought by
Smith Ryan D
Seller's Agent
Elly Casebolt-Flanagan
Coldwell Banker Lingle
Buyer's Agent
SHELLY BURRIS
Better Homes and Gardens First Realty Group
List Price
$89,900
Sold Price
$83,500
Premium/Discount to List
-$6,400
-7.12%
Current Estimated Value
$137,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,282
Avg. Annual Appreciation
3.79%
Original Mortgage
$81,382
Outstanding Balance
$56,306
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$81,476

Purchase Details

Closed on
Oct 26, 2011
Sold by
Kinsingr Abby L
Bought by
Us Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 19, 2008
Sold by
Fannie Mae
Bought by
Kinsinger Abby L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2008
Sold by
Eaton National Bank & Trust Co
Bought by
Fannie Mae

Purchase Details

Closed on
Jan 11, 2008
Sold by
Tomfohrde Hope Lynn
Bought by
Eaton National Bank & Trust Co
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
Smith Ryan D -- None Available
Us Bank Na -- None Available
Kinsinger Abby L -- --
Fannie Mae -- --
Eaton National Bank & Trust Co $68,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Ryan D $81,382
Closed Steven W Casebolt Inc $63,750
Previous Owner Steven W Casebolt Inc $300,000
Previous Owner Kinsinger Abby L $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2012 03/16/12 Sold $83,500 -7.1% $54 / Sq Ft
02/10/2012 02/10/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $89,900 -- $58 / 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 $1,095 $109,500 $9,800 $99,700
2023 $962 $96,200 $8,700 $87,500
2022 $972 $97,200 $8,700 $88,500
2021 $883 $88,300 $8,700 $79,600
2020 $859 $85,900 $8,700 $77,200
2019 $859 $85,900 $8,700 $77,200
2018 $859 $85,900 $8,700 $77,200
2017 $853 $85,500 $8,700 $76,800
2016 $836 $85,800 $8,700 $77,100
2014 $719 $83,000 $8,700 $74,300
2013 $719 $85,700 $8,700 $77,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10016101

APN: 89-18-04-140-801.000-030