NOT LISTED FOR SALE

424 NW 8th St Richmond, IN 47374

Estimated Value: $108,000 - $152,000

3 Beds
2 Baths
1,136 Sq Ft
$111/Sq Ft Est. Value

Last Sold January 25, 2016

Last sale price $45,000 $40 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $729/month

Highlights

  • Main Floor Bedroom
  • Porch
  • Living Room
  • First Floor Utility Room
  • 1 Car Attached Garage
  • Bungalow

About This Home

As of January 2016

Priced to sell and in great condition. This 3 bedroom home located on Richmond's West side. 3 year old roof & siding. Large master bedroom on main level. Home sets back from the street with a large front yard. All this in a great family neighborhood. Close to schools. *Under Appraised Value* Call or email Bob for your personal showing at 765-969-8317 or bhobson@bhghomesforsale.com.

Last Agent to Sell the Property

Bob Hobson

Better Homes and Gardens First Realty Group License #RB14039887 Listed on: 04/04/2015

Better Homes and Gardens First Realty Group

Last Buyer's Agent

Donna Backmeyer

Choice Realty One License #RB14039874

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $814

Year Built

  • Built in 1940

Lot Details

  • 7,405

Parking

  • 1 Car Attached Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,136 Sq Ft Home
  • 1.5-Story Property
  • Window Treatments
  • Living Room
  • First Floor Utility Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Porch
  • Lot Dimensions are 47x158

Listing and Financial Details

  • $1,350 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$814

Year Built

Built in 1940

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 424 NW 8th Street
  • Second Address Number: 424
  • Estimated Year Built: 1940
  • Estimated Size Bathroom 1: 8X6
  • Bathroom 2 Comments: Full
  • Estimated Size Bedroom 1: 16.6X19
  • Directions: Peacock Rd to North on NW 8th St
  • 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
  • Geo Address Line: 424 NW 8th St
  • Geo Longitude: -84.9135666
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 17
  • Improvements Valuation: 62600
  • Land Valuation: 7400
  • Estimated Living Room Size: 11X23
  • Living Rm Level: M
  • Other Rm1 Approx Size: 7.6X12
  • Other Rm1 Comments: Office
  • Other Rm1 Level: 1
  • OFFICELIST_STATE: IN
  • Building Stories: 1.5
  • Building Style: Bungalow
  • Tax Dup Number: 0294801600
  • Taxes Half: 94.71
  • Total Assessed Value: 70000
  • Estimated Utility Room Size: 7.6X8
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Total Number Rooms: 9
  • Bedroom 1 Level: M
  • Bathroom 1 Level: 1
  • Bathroom 2 Level: U
  • Primary Bathroom: No
  • Has Basement: Yes, Partial Basement
  • Estimated Size Bedroom 2: 18X9
  • Bedroom 2 Level: 2
  • Estimated Size Bedroom 3: 8X12
  • Bedroom 3 Level: 2
  • Lower Floor 1 Bedrooms: 3
  • Lower Floor 1 Half Bathrooms: 0
  • Price Per S Q F T: 39.61
  • Basement Type: Single Family
  • Window Treatments Stay: All

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Foundation: Basement
  • Porch/Deck Type: Porch
  • Roof Age: 3
  • Roof Type: Shingle

Garage/Parking

  • Driveway: Alley
  • Garage Capacity: 1
  • Garage Type: Garage-Attached

Utilities

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

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: 2016-01-26
  • Land Contract: No
  • Lot Size: 47X158

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2015
Closed on
Jan 29, 2016
Sold by
Parrish Sharon
Bought by
Scott James M
Seller's Agent
Bob Hobson
Better Homes and Gardens First Realty Group
Buyer's Agent
Donna Backmeyer
Choice Realty One
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%
Current Estimated Value
$125,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,986
Avg. Annual Appreciation
11.12%
Original Mortgage
$42,750
Outstanding Balance
$34,080
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$91,906
Source: Public Records

Range of Values:

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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
Scott James M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott James M $42,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2016 01/25/16 Sold $45,000 -18.2% $40 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
04/04/2015 04/04/15 For Sale $55,000 -- $48 / 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 $814 $81,400 $8,500 $72,900
2023 $714 $71,400 $7,400 $64,000
2022 $647 $72,100 $7,400 $64,700
2021 $413 $49,000 $7,400 $41,600
2020 $390 $49,000 $7,400 $41,600
2019 $366 $48,600 $7,400 $41,200
2018 $355 $48,600 $7,400 $41,200
2017 $357 $49,100 $7,400 $41,700
2016 $563 $72,400 $7,400 $65,000
2014 $189 $70,000 $7,400 $62,600
2013 $189 $67,800 $7,400 $60,400
Source: Public Records

Agents Affiliated with this Home

  • Bob Hobson

    Seller's Agent in 2016

    Bob Hobson

    Better Homes and Gardens First Realty Group

    (765) 969-8317

    102 Total Sales

    Bob Hobson
    Section Image
  • Donna Backmeyer

    Buyer's Agent in 2016

    Donna Backmeyer

    Choice Realty One

    (765) 993-3919

    87 Total Sales

    Donna Backmeyer
    Section Image
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Map

Source: Richmond Association of REALTORS®

MLS Number: 10025002

APN: 89-16-31-410-321.000-030

Indiana Wayne County Richmond 47374

424 NW 8th St, Richmond, IN

This home is located at 424 NW 8th St, Richmond, IN 47374 since 04 April 2015 and is currently estimated at $125,986, approximately $110 per square foot. This property was built in 1940. 424 NW 8th St is a home located in Wayne County with nearby schools including Westview Elementary School, Dennis Middle School, and Richmond High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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