NOT LISTED FOR SALE

412 SW 2nd St Richmond, IN 47374

Estimated Value: $70,000 - $106,000

3 Beds
1 Bath
1,104 Sq Ft
$77/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $25,100 $23 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $476/month

22 Days on Market

Highlights

  • Covered patio or porch
  • Bungalow
  • Forced Air Heating System
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of February 2013

This Bungalow has 3 bedrooms plus attic area with with closets which could make for extra bedrooms. Detached garage and a large covered porch and in walking distance to Earlham and the High School. THIS IS A FANNIE MAE HOMEPATH PROPERTY, ALL OFFERS PLEASE PLACE ON WWW.HOMEPATH.COM. I HAVE LEAD BASE PAINT AND FIRST LOOK OWNER CERT IN ASSOCIATED DOCUMENTS PLEASE ALLOW FIRST 15 DAYS OF LISTING FOR OWNER OCCUPED OFFERS.

Last Agent to Sell the Property

Rick Robinson

Robinson Real Estate License #RB14041984 Listed on: 01/10/2013

Last Buyer's Agent

Tony Tate

Robinson Real Estate License #RB14047795

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x 130

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 500513080400029

Home Details

Home Type

Single Family

Est. Annual Taxes

$5

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Additional Garage: Garage-Detached
  • OFFICELIST_ADDRESS: 412 SW 2nd ST
  • Second Address Number: 412
  • Estimated Year Built: 1925
  • Bank Corporate Owned: Yes
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 412 SW 2nd St
  • Geo Longitude: -84.9045791625977
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 47900
  • Land Valuation: 8900
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Building Style: Bungalow
  • Tax Dup Number: 0290537400
  • Taxes Half: 188.29
  • Total Assessed Value: 56800
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1925

Interior Features

  • Total Number Rooms: 6
  • Primary Bathroom: No
  • Has Basement: Yes, Unfinished
  • Lower Floor 1 Bedrooms: 3
  • Lower Floor 1 Half Bathrooms: 0
  • Price Per S Q F T: 22.74
  • Basement Type: Single Family

Exterior Features

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

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Lot Info

  • Geo Update Timestamp: 2013-03-04
  • Estimated Number Acres: 0.12
  • Land Contract: No
  • Lot Size: 40X 130
  • Zoning: RES

Tax Info

  • Tax Database ID: 1
  • Assessor Parcel Number: 500513080400029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2013
Closed on
Feb 28, 2013
Sold by
Federal National Mortgage Association
Bought by
Hurd Thomas
Seller's Agent
Rick Robinson
Robinson Real Estate
Buyer's Agent
Tony Tate
Robinson Real Estate
List Price
$24,900
Sold Price
$25,100
Premium/Discount to List
$200
0.8%
Current Estimated Value
$85,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,424
Avg. Annual Appreciation
9.91%
Original Mortgage
$23,845
Outstanding Balance
$5,627
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$74,692

Purchase Details

Closed on
Dec 10, 2012
Sold by
Geis Mark E
Bought by
Federal National Mortgage Association
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
Hurd Thomas -- None Available
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurd Thomas $23,845
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $25,100 +0.8% $23 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $24,900 -- $23 / 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 $5 $50,200 $10,200 $40,000
2023 -- $36,000 $8,900 $27,100
2022 $0 $36,100 $8,900 $27,200
2021 $0 $35,300 $8,900 $26,400
2020 $357 $35,100 $8,900 $26,200
2019 $357 $32,200 $8,900 $23,300
2018 $0 $32,200 $8,900 $23,300
2017 $0 $32,600 $8,900 $23,700
2016 $357 $33,000 $8,900 $24,100
2014 $357 $32,300 $8,900 $23,400
2013 $357 $31,400 $8,900 $22,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10018845

APN: 89-18-05-130-804.000-030