Seller's Agent in 2023
Larry Phillips
Burke Realty
(765) 744-5158
65 Total Sales
413 NW 1st St Richmond, IN 47374
Estimated Value: $63,728 - $86,000
4
Beds
2
Baths
1,924
Sq Ft
$36/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 1 Car Attached Garage
- Carpet
- Covered Patio or Porch
- Level Lot
About This Home
As of June 2023Here is your chance to add this Duplex to your investment portfolio or maybe live in one side and have the other side pay most of your expenses! Both units are 2 story with 2 bedrooms and 1 bath and laundry area. One side has an attached garage as well! Separate gas and electric meters. You won't want to miss this!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $425
Year Built
- Built in 1918
Lot Details
- 5,641 Sq Ft Lot
- Lot Dimensions are 91x62
- Level Lot
Parking
- 1 Car Attached Garage
Home Design
- Duplex
- Traditional Architecture
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Crawl Space
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Fairview Elementary School
- Dennis David Worth Middle School
- Richmond High School
Utilities
- Heating System Uses Gas
- Community Well
- Gas Water Heater
Additional Features
- Covered Patio or Porch
- Suburban Location
Listing and Financial Details
- Tenant pays for electric, heating, sewer, water
- The owner pays for tax
- Assessor Parcel Number 89-16-32-320-508.000-030
Community Details
Overview
- 2 Units
Pet Policy
- Pets Allowed with Restrictions
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2023
Closed on
Jun 1, 2023
Sold by
Mont Blanc Enterprises Llc
Bought by
Rise Above Properties
Seller's Agent
Larry Phillips
Burke Realty
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%
Views
58
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,932
Avg. Annual Appreciation
10.62%
Original Mortgage
$41,250
Outstanding Balance
$37,072
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving
Estimated Equity
$32,860
Purchase Details
Listed on
Oct 1, 2022
Closed on
Oct 7, 2022
Sold by
King Real Estate Llc
Bought by
Mont Blane Enterprises Llc
Seller's Agent
George Marchbanks
Coldwell Banker Lingle
Buyer's Agent
George Marchbanks
Coldwell Banker Lingle
List Price
$45,000
Sold Price
$45,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.33%
Original Mortgage
$35,000
Interest Rate
5.66%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Oct 31, 2013
Closed on
Jul 18, 2014
Sold by
Bradway Harold R
Bought by
Llc King Real Estate
Seller's Agent
John Gaydosh
eXp Realty LLC
Buyer's Agent
Kyle Tom
Coldwell Banker Lingle
List Price
$39,240
Sold Price
$14,165
Premium/Discount to List
-$25,075
-63.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rise Above Properties | -- | None Listed On Document | |
| Mont Blane Enterprises Llc | -- | None Listed On Document | |
| Llc King Real Estate | $14,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rise Above Properties | $41,250 | |
| Previous Owner | Mont Blane Enterprises Llc | $35,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/13/2023 06/13/23 | Sold | $55,000 | -15.4% | $29 / Sq Ft | |
| 05/10/2023 05/10/23 | Pending | -- | -- | -- | |
| 05/04/2023 05/04/23 | For Sale | $65,000 | +44.4% | $34 / Sq Ft | |
| 10/07/2022 10/07/22 | Sold | $45,000 | 0.0% | $47 / Sq Ft | View Prior Sale |
| 10/01/2022 10/01/22 | Pending | -- | -- | -- | |
| 10/01/2022 10/01/22 | For Sale | $45,000 | +217.7% | $47 / Sq Ft | |
| 07/23/2014 07/23/14 | Sold | $14,165 | -63.9% | $7 / Sq Ft | View Prior Sale |
| 07/10/2014 07/10/14 | Pending | -- | -- | -- | |
| 10/31/2013 10/31/13 | For Sale | $39,240 | -- | $20 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,014 | $50,700 | $12,600 | $38,100 |
| 2023 | $482 | $24,100 | $11,000 | $13,100 |
| 2022 | $410 | $24,200 | $11,000 | $13,200 |
| 2021 | $410 | $20,500 | $11,000 | $9,500 |
| 2020 | $410 | $20,500 | $11,000 | $9,500 |
| 2019 | $410 | $20,500 | $11,000 | $9,500 |
| 2018 | $410 | $20,500 | $11,000 | $9,500 |
| 2017 | $404 | $20,200 | $11,000 | $9,200 |
| 2016 | $404 | $20,200 | $11,000 | $9,200 |
| 2014 | $318 | $44,800 | $11,000 | $33,800 |
| 2013 | $318 | $43,600 | $11,000 | $32,600 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Phillips
-
Diana Martin
Buyer's Agent in 2023
Diana Martin
NonMember MEIAR
(765) 747-7197
3,745 Total Sales
-
George Marchbanks
Seller's Agent in 2022
George Marchbanks
Coldwell Banker Lingle
(513) 886-1949
134 Total Sales
-
John Gaydosh
Seller's Agent in 2014
John Gaydosh
eXp Realty LLC
(765) 977-1476
-
Kyle Tom
Buyer's Agent in 2014
Kyle Tom
Coldwell Banker Lingle
(765) 220-0199
379 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202314242
APN: 89-16-32-320-508.000-030
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