NOT LISTED FOR SALE

Estimated Value: $64,000 - $108,000

2 Beds
1 Bath
1,064 Sq Ft
$77/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2014

Last sale price $15,000 $14 Per Sq Ft

Est. 449% increase in value since last sale

Current estimated payment $532 / mo

23 Days on Market

About This Home

As of December 2014

This is an exceptional home that is currently a duplex, the condition for the price is amazing and you will not believe all the amenities that this fantastic deal has to offer with a large oversized driveway that is perfect for a car enthusiast and with the upstairs apartment you could live in the home free. This property has nearly a 13% cap rate and is ready for your enjoyment. Call or text Kyle Tom at 765-220-0199 for additional details and to schedule your private tour.

Last Agent to Sell the Property

Kyle Tom

Coldwell Banker Lingle License #RB14021834 Listed on: 11/24/2014

Coldwell Banker Lingle

Last Buyer's Agent

Barbara Garrett

Coldwell Banker Lingle License #RB14042232

Coldwell Banker Lingle

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 11,761 Sq Ft Lot
  • Lot Dimensions are 53x220

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Stick Built Home

Interior Spaces

  • 1,064 Sq Ft Home
  • 2-Story Property
  • Non-Functioning Fireplace
  • Window Treatments
  • Electric Range

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Schools

  • Charles Elementary School
  • Test Middle School
  • Richmond High School

Utilities

  • Furnace
  • Heating System Uses Gas
  • Gas Available
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $600
  • Maintenance Expense $600
  • Utility Expense $3,564
  • Operating Expense $5,844

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0.27 Acres

Listing Details

  • OFFICELIST_ADDRESS: 423 S 6TH STREET
  • Estimated Year Built: 1900
  • Average Monthly Gas: 150.00
  • Directions: NORTH OF E STREET ON SOUTH 6TH STREET.
  • E X E M P T: Age, Homestead Credit
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA, VA
  • Geo Address Line: 423 S 6th St
  • Geo Longitude: -84.894394
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 47000
  • Land Valuation: 9500
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 0295343300
  • Taxes Half: 238.43
  • Total Assessed Value: 56500
  • Cap Rate Percent: 12.8
  • Maintenance: 600
  • Net Operating Expenses: 6036
  • Number Two Bed Units: 2
  • Split Utilities: No
  • Storage Building: 8X12
  • Unit 1 Appliances: Range-Electric, Refrigerator
  • Unit 1 Heat Type: Gas
  • Unit 2 Appliances: Range-Electric, Refrigerator
  • Unit 2 Heat Type: Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Amenities: Cable TV
  • Has Basement: Yes, Partial Basement, Unfinished
  • Fireplace: Non-Working, 1
  • Price Per S Q F T: 14.1
  • Basement Type: Duplex
  • Window Treatments Stay: Some
  • Insulation: AMPLE

Exterior Features

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

Garage/Parking

  • Driveway: GRAVEL

Utilities

  • Electric Company: Richmond Power and Light
  • Gas Company: Vectren Gas Company
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas
  • Insurance: 600
  • Number Water Heaters: 1
  • Utilities: 3564

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 680

Schools

  • Elementary School: Charles
  • High School: Richmond
  • Middle School: Test

Lot Info

  • Geo Update Timestamp: 2014-12-30
  • Estimated Number Acres: 0.27
  • Land Contract: No
  • Lot Size: 53X220
  • Zoning: RESIDENTIAL

Multi Family

  • Number Furnaces: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2014
Closed on
Dec 30, 2014
Sold by
Bought by
Seller's Agent
Kyle Tom
Coldwell Banker Lingle
Buyer's Agent
Barbara Garrett
Coldwell Banker Lingle
List Price
$19,900
Sold Price
$15,000
Premium/Discount to List
-$4,900
-24.62%
Current Estimated Value
$82,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,366
Avg. Annual Appreciation
15.90%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$15,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $17,000
Previous Owner $15,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/30/2014 12/30/14 Sold $15,000 -24.6% $14 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
11/24/2014 11/24/14 For Sale $19,900 -- $19 / Sq Ft
Source: Richmond Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,008 $57,400 $12,800 $44,600
2024 $698 $34,900 $10,900 $24,000
2023 $7 $33,500 $9,500 $24,000
2022 $670 $33,500 $9,500 $24,000
2021 $670 $33,500 $9,500 $24,000
2020 $670 $33,500 $9,500 $24,000
2019 $682 $33,900 $9,500 $24,400
2018 $682 $33,900 $9,500 $24,400
2017 $679 $33,800 $9,500 $24,300
2016 $682 $33,900 $9,500 $24,400
2014 $1,153 $57,400 $9,500 $47,900
2013 $1,153 $55,800 $9,500 $46,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10024178

APN: 89-18-05-240-524.000-030

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