NOT LISTED FOR SALE

408 SW 2nd St Richmond, IN 47374

Estimated Value: $88,000 - $109,000

2 Beds
1 Bath
768 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $57,500 $75 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $589/month

180 Days on Market

Highlights

  • 1 Car Detached Garage
  • Bungalow
  • 1-Story Property
  • Living Room
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

Don't miss this cozy Westside bungalow convenient to Earlham College, Richmond High School and downtown. The well-insulated energy efficient home features newer windows, new central air, a new 40 gallon water heater and a furnace that has been regularly serviced by Wallace heating and air. Amenities include hardwood floors throughout the living area, a nice kitchen with wooden cabinets, fresh paint with neutral colors, and nice built-in cabinets. The rear yard is fenced and features a freshly painted storage barn, one car garage and room for a small garden. Enjoy warm evenings from a large recently finished front porch overlooking a large park like green space across the street. Additional storage is available in a fully secured basement. Rugs and furniture are not included.Contact Bill Fish at (765)969-6555 for a personal tour today !

Last Agent to Sell the Property

BILL FISH

Better Homes and Gardens First Realty Group License #RB14049321 Listed on: 10/03/2018

Last Buyer's Agent

Vicky Carr

Spartan Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $624

Year Built

  • Built in 1927

Lot Details

  • Lot Dimensions are 40 x 130
  • Partially Fenced Property

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Electric Range
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$624

Year Built

Built in 1927

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 408 SW 2nd Street
  • Second Address Number: 408
  • Estimated Year Built: 1927
  • Average Monthly Electric: 60
  • Average Monthly Gas: 57
  • Estimated Size Bathroom 1: 6.3 X 5.9
  • Estimated Size Bedroom 1: 11.2 X 9.7
  • Bedroom 1 Comments: HARDWOOD, FRESH PAINT
  • Estimated Dining Room Size: 15.2 X 9.7
  • Dining Rm Level: 1
  • E X E M P T: None
  • Geo Address Line: 408 SW 2nd St
  • Geo Longitude: -84.904582
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: 1
  • Estimated Living Room Size: 13.3 X 12.2
  • Living Rm Comments: HARDWOOD
  • Living Rm Level: 1
  • OFFICELIST_STATE: IN
  • Storage Bldg Approx Size: 8 X 10
  • Building Stories: 1
  • Building Style: Bungalow
  • Tax Dup Number: 0293760100
  • Taxes Half: 482.50
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1927

Interior Features

  • Appliances Included: Range-Electric
  • Bedroom 1 Level: 1
  • Bedroom 2 Comments: HARDWOOD, FRESH PAINT
  • Bathroom 1 Level: 1
  • Primary Bathroom: No
  • Has Basement: Yes
  • Estimated Size Bedroom 2: 10.3 X 9.7
  • Bedroom 2 Level: 1
  • Lower Floor 1 Bedrooms: 2
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 10.5 X 9.3
  • Price Per S Q F T: 74.87
  • Basement Type: Single Family

Exterior Features

  • Exterior Construction: Stick
  • Fencing: Partial
  • Foundation: Basement
  • Roof Type: Shingle

Garage/Parking

  • Garage Capacity: 1
  • Garage Type: Garage-Detached

Utilities

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

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: 2018-10-08
  • Land Contract: No
  • Lot Size: 40 X 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Young Michaela
Bought by
Young Michael D
Current Estimated Value
$96,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,411
Outstanding Balance
$54,372
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$43,231

Purchase Details

Listed on
Oct 3, 2018
Closed on
Jul 12, 2019
Sold by
Othmer Rose M
Bought by
Young Michael D and Young Michaela
Seller's Agent
BILL FISH
Better Homes and Gardens First Realty Group
Buyer's Agent
Vicky Carr
Spartan Realty, LLC
List Price
$59,500
Sold Price
$57,500
Premium/Discount to List
-$2,000
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$56,458
Interest Rate
3.82%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Range of Values:

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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
Young Michael D -- None Available
Young Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Michael D $59,411
Previous Owner Young Michael D $56,458
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $57,500 -3.4% $75 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
10/03/2018 10/03/18 For Sale $59,500 -- $77 / 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 $624 $62,400 $10,200 $52,200
2023 $572 $57,200 $8,900 $48,300
2022 $532 $61,300 $8,900 $52,400
2021 $0 $55,900 $8,900 $47,000
2020 $0 $54,900 $8,900 $46,000
2019 $0 $46,300 $8,900 $37,400
2018 $931 $46,300 $8,900 $37,400
2017 $965 $48,000 $8,900 $39,100
2016 $965 $48,000 $8,900 $39,100
2014 $949 $47,200 $8,900 $38,300
2013 $949 $45,900 $8,900 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10034608

APN: 89-18-05-130-803.000-030