NOT LISTED FOR SALE

409 SW 3rd St Richmond, IN 47374

Estimated Value: $89,000 - $111,000

2 Beds
1 Bath
848 Sq Ft
$116/Sq Ft Est. Value

Last Sold January 24, 2023

Last sale price $80,000 $94 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $525/month

18 Days on Market

Highlights

  • Covered Patio or Porch
  • Living Room
  • Laundry in Utility Room
  • First Floor Utility Room
  • Bungalow
  • 1-Story Property

About This Home

As of January 2023

Adorable SW side bungalow! Want convenience? Want efficiency? Then this is the home for you! This 2 bed 1 bath home has been redone from top to bottom. Updates include all new windows, new wiring, exterior and interior paint, flooring and new plumbing. All major components are new with the interior being tastefully done to top it off. Open main living area with a walk through kitchen leading to the back mudroom/laundry area. This quaint little place screams beach house vibes with its modern color scheme. Coming in at $82,500 it's sure to go quick. Hard to find remodeled homes in this price range so don't miss your chance to schedule your very own walk through. Call or text Derek Callahan at (765) 277-1910 to set up your private showing.

Last Agent to Sell the Property

Derek Callahan

Coldwell Banker Lingle License #RB19001795 Listed on: 10/06/2022

Coldwell Banker Lingle

Last Buyer's Agent

Tammy Savoy

Coldwell Banker Lingle License #RB19000911

Coldwell Banker Lingle

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 5,184

Home Design

  • Bungalow
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 848 Sq Ft Home
  • 1-Story Property
  • Living Room
  • First Floor Utility Room
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Richmond High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 40x130

Listing and Financial Details

  • $4,800 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 409 SW 3RD STREET
  • Estimated Year Built: 1930
  • Estimated Size Bathroom 1: 7.76X5
  • Estimated Size Bedroom 1: 12.15X11.41
  • Bedroom 1 Comments: MASTER
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA, VA
  • Geo Address Line: 409 SW 3rd St
  • Geo Longitude: -84.905099
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: M
  • Estimated Living Room Size: 23.14X12.55
  • Living Rm Level: M
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Building Style: Bungalow
  • Tax Dup Number: 89-18-05-130-830.000-030
  • Estimated Utility Room Size: 11.46X7.4
  • Utility Room Comments: LAUNDRY ROOM
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1930

Interior Features

  • Bedroom 1 Level: M
  • Primary Bathroom: Yes
  • Has Basement: No
  • Estimated Size Bedroom 2: 15.38X7.66
  • Bedroom 2 Level: M
  • Lower Floor 1 Bedrooms: 2
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 12.10X7.69
  • Price Per S Q F T: 94.34
  • Basement Type: Single Family

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Wood
  • Porch/Deck Type: Covered, Porch
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Air Conditioner: Window
  • Electric Company: Richmond Power & Light
  • Heat Type: Baseboard, Electric
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • High School: Richmond

Lot Info

  • Geo Update Timestamp: 2022-10-06
  • Land Contract: No
  • Lot Size: 40X130
  • Zoning: RESIDENTIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Jan 24, 2023
Sold by
Merk Holdings In 2 Llc
Bought by
Jordan Hope
Seller's Agent
Derek Callahan
Coldwell Banker Lingle
Buyer's Agent
Tammy Savoy
Coldwell Banker Lingle
List Price
$82,500
Sold Price
$80,000
Premium/Discount to List
-$2,500
-3.03%
Views
69
Current Estimated Value
$98,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,413
Avg. Annual Appreciation
7.20%
Original Mortgage
$76,925
Outstanding Balance
$74,418
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$23,995

Purchase Details

Closed on
Jul 30, 2021
Sold by
Ball Christopher and Ball Ronald L
Bought by
Merk Holdings Inc 2 Llc

Purchase Details

Closed on
Jun 24, 2015
Sold by
Maupin James W
Bought by
Ball Christopher and Ball Ronald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jordan Hope -- None Listed On Document
Merk Holdings Inc 2 Llc -- None Available
Ball Christopher $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Hope $76,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2023 01/24/23 Sold $80,000 -3.0% $94 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $82,500 -- $97 / 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 $196 $19,600 $10,200 $9,400
2023 $2 $18,300 $8,900 $9,400
2022 $366 $27,600 $8,900 $18,700
2021 $514 $25,700 $8,900 $16,800
2020 $508 $25,400 $8,900 $16,500
2019 $699 $34,700 $8,900 $25,800
2018 $699 $34,700 $8,900 $25,800
2017 $726 $36,000 $8,900 $27,100
2016 $726 $36,000 $8,900 $27,100
2014 $316 $35,500 $8,900 $26,600
2013 $316 $34,600 $8,900 $25,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10045024

APN: 89-18-05-130-830.000-030