NOT LISTED FOR SALE

406 S 8th St Richmond, IN 47374

Estimated Value: $67,000 - $111,126

4 Beds
2 Baths
1,792 Sq Ft
$46/Sq Ft Est. Value

Last Sold December 15, 2015

Last sale price $16,500 $9 Per Sq Ft

Est. 397% increase in value since last sale

Current estimated payment $482/month

Highlights

  • Covered Patio or Porch
  • Baseboard Heating
  • Multiple Water Heaters
  • Detached Garage

About This Home

As of December 2015

Use this home as a single family or duplex . It is ready to rent right now!! Call Chris Thompson For More Information . 765-994-0667

Last Agent to Sell the Property

Chris Thompson

Better Homes and Gardens First Realty Group License #RB14051301 Listed on: 10/12/2015

Better Homes and Gardens First Realty Group

Last Buyer's Agent

Chris Thompson

Better Homes and Gardens First Realty Group License #RB14051301 Listed on: 10/12/2015

Better Homes and Gardens First Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $535

Year Built

  • Built in 1792

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 40 x 132

Parking

  • Detached Garage

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Schools

  • Test Middle School
  • Richmond High School

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$535

Year Built

Built in 1792

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 406 S 8TH ST
  • Second Address Number: 406
  • Estimated Year Built: 1792
  • Bank Corporate Owned: No
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA, Land Contract, VA
  • Geo Address Line: 406 S 8th St
  • Geo Longitude: -84.8920059204102
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 36100
  • Land Valuation: 2800
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 0291521400
  • Taxes Half: 389
  • Total Assessed Value: 38900
  • Number Two Bed Units: 2
  • Split Utilities: Yes
  • Unit 1 Heat Type: Baseboard, Electric
  • Unit 2 Heat Type: Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1792

Interior Features

  • Total Number Rooms: 8
  • Has Basement: Yes, Partial Basement, Unfinished
  • Price Per S Q F T: 9.21
  • Basement Type: Duplex

Exterior Features

  • Exterior Construction: Block
  • Exterior: Aluminum, Frame
  • Foundation: Crawl, Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Age: UNK
  • Roof Type: Shingle

Garage/Parking

  • Garage Type: Garage-Detached

Utilities

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

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • Middle School: Test
  • High School: Richmond
  • High School: Richmond
  • Middle School: Test

Lot Info

  • Geo Update Timestamp: 2016-01-07
  • Estimated Number Acres: 0.25
  • Land Contract: Yes
  • Lot Size: 40 X 132
  • Zoning: RES

Multi Family

  • Number Furnaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2017
Sold by
Lanter Penny and Lanter Rodney
Bought by
Boyatt Tony
Current Estimated Value
$82,032

Purchase Details

Closed on
Nov 30, 2016
Sold by
First National Acceptance Company
Bought by
Lanter Penny and Lanter Rodney
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
Boyatt Tony -- None Available
Lanter Penny $33,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2015 12/15/15 Sold $16,500 -17.1% $9 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $19,900 +20.6% $11 / Sq Ft
04/20/2012 04/20/12 Sold $16,500 -26.7% $9 / Sq Ft View Prior Sale
04/10/2012 04/10/12 Pending -- -- --
12/14/2011 12/14/11 For Sale $22,500 -- $13 / 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 $535 $53,500 $11,300 $42,200
2023 $470 $47,000 $9,800 $37,200
2022 $378 $46,900 $9,800 $37,100
2021 $355 $43,800 $9,800 $34,000
2020 $336 $43,800 $9,800 $34,000
2019 $277 $39,600 $6,400 $33,200
2018 $254 $38,000 $2,800 $35,200
2017 $357 $37,600 $2,800 $34,800
2016 $752 $37,600 $2,800 $34,800
2014 $778 $38,900 $2,800 $36,100
2013 $778 $14,900 $2,800 $12,100
Source: Public Records

Agents Affiliated with this Home

  • Chris Thompson

    Seller's Agent in 2015

    Chris Thompson

    Better Homes and Gardens First Realty Group

    (765) 994-0667

    200 Total Sales

    Chris Thompson
    Section Image
  • AMY WALTON

    Seller's Agent in 2012

    AMY WALTON

    Coldwell Banker Lingle

    (765) 993-2825

    38 Total Sales

    AMY WALTON
    Section Image
  • JIM BACKMEYER

    Buyer's Agent in 2012

    JIM BACKMEYER

    RE/MAX At The Crossing

    (765) 969-5000

    2 Total Sales

    JIM BACKMEYER
    Section Image
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Map

Source: Richmond Association of REALTORS®

MLS Number: 10026667

APN: 89-18-05-240-631.000-030

Indiana Wayne County Richmond 47374

406 S 8th St, Richmond, IN

This home is located at 406 S 8th St, Richmond, IN 47374 since 12 October 2015 and is currently estimated at $82,032, approximately $45 per square foot. This property was built in 1792. 406 S 8th St is a home located in Wayne County with nearby schools including Crestdale Elementary School, Dennis Middle School, and Richmond High School.

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