NOT LISTED FOR SALE

408 S 10th St Richmond, IN 47374

-- Bed
-- Bath
2,693 Sq Ft
9,235 Sq Ft Lot

Last Sold October 16, 2023

Last sale price $105,000 $39 Per Sq Ft

6 Days on Market

Highlights

  • Covered Patio or Porch
  • Baseboard Heating
  • Efficiency Studio Dwelling Unit
  • Detached Garage
  • Multiple Water Heaters

About This Home

As of October 2023

Single 4-UNIT OR *PACKAGE DEAL* AVAILABLE!!! Welcome to 408 S 10th Street, a 4-UNIT featuring a large 2.5 car garage. Three of the 5 available units are rented, one being the garage. 2 bedroom unit featuring original hardwood floors currently rents for $675/mo, 1 bedroom unit rents for $625/mo, and the garage rents for $125/mo. The other two units (efficiency and 1 br) are recently vacant with the potential of approximately $1,100 additional monthly income. Gas and electric are separate and paid for by each occupant including separate electric meter for the 2.5 car garage. If you are ready to start or add to your real estate investment portfolio this is a GREAT opportunity to take advantage of a portfolio package deal including 4 other duplexes!!! ***This property could be packaged with 328-330 S 15th (Duplex) 2104-2106 Grand Boulevard (Duplex) 405-407 S 12th St, 23-25 S 17th St (Duplex). Call or Text FOUST for your HOUSE at (765) 967-3051 for more info. Text 1156364 to 35620 for more information and photos.

Last Agent to Sell the Property

Tony Foust

Coldwell Banker Lingle License #RB16001818 Listed on: 08/28/2023

Coldwell Banker Lingle

Last Buyer's Agent

Tony Foust

Coldwell Banker Lingle License #RB16001818 Listed on: 08/28/2023

Coldwell Banker Lingle

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 9,235 Sq Ft Lot
  • Lot Dimensions are 50x185

Parking

  • Detached Garage

Home Design

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

Interior Spaces

  • 2,693 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Electric Range
  • Basement

Schools

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

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Efficiency Studio Dwelling Unit

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 408 S 10th Street
  • Second Address Number: 408
  • Estimated Year Built: 1890
  • E X E M P T: Mortgage
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 408 S 10th St
  • Geo Longitude: -84.889344
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 029-35063-00
  • Taxes Half: 546.50
  • Number One Bed Units: 2
  • Number Two Bed Units: 1
  • Split Utilities: Yes
  • Unit 1 Appliances: Range-Electric, Refrigerator
  • Unit 1 Heat Type: Baseboard, Electric, Furnace, Gas
  • Unit 2 Appliances: Range-Electric, Refrigerator
  • Unit 2 Heat Type: Baseboard, Electric
  • Unit 3 Appliances: Range-Electric, Refrigerator
  • Unit 3 Heat Type: Baseboard, Electric
  • Unit 4 Appliances: Range-Electric, Refrigerator
  • Unit 4 Heat Type: Baseboard, Electric
  • Unit 5 Appliances: Range-Electric, Refrigerator
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Price Per S Q F T: 38.99
  • Basement Type: 4-Plex
  • Window Treatments Stay: Some

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch
  • 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: 4

Condo/Co-op/Association

  • Number of Units: 4

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

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

Lot Info

  • Geo Update Timestamp: 2023-09-01
  • Estimated Number Acres: 0.212
  • Land Contract: No
  • Lot Size: 50x185
  • Zoning: Res

Multi Family

  • Number Furnaces: 1

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2023 10/16/23 Sold $105,000 -4.5% $39 / Sq Ft
08/28/2023 08/28/23 For Sale $110,000 +15.8% $41 / Sq Ft
12/20/2022 12/20/22 For Sale $95,000 0.0% $35 / Sq Ft
12/19/2022 12/19/22 Sold $95,000 -- $35 / Sq Ft View Prior Sale
10/13/2022 10/13/22 Pending -- -- --
Source: Richmond Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tony Foust

    Seller's Agent in 2023

    Tony Foust

    Coldwell Banker Lingle

    (765) 967-3051

    328 Total Sales

    Tony Foust
    Section Image
  • Tim Orr

    Seller's Agent in 2022

    Tim Orr

    Coldwell Banker Lingle

    (765) 914-0994

    251 Total Sales

    Tim Orr
    Section Image
See All Agents

Map

Source: Richmond Association of REALTORS®

MLS Number: 10047017

Indiana Wayne County Richmond 47374

408 S 10th St, Richmond, IN

This home is located at 408 S 10th St, Richmond, IN 47374 since 28 August 2023. This property was built in 1890. 408 S 10th St is a home located in Wayne County with nearby schools including Vaile 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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