NOT LISTED FOR SALE

424 SW 5th St Richmond, IN 47374

Estimated Value: $82,000 - $186,000

4 Beds
1 Bath
2,072 Sq Ft
$67/Sq Ft Est. Value

Last Sold September 26, 2024

Last sale price $162,500 $78 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $800/month

4 Days on Market

Highlights

  • Main Floor Bedroom
  • First Floor Utility Room
  • Living Room
  • Covered Patio or Porch
  • 4 Car Detached Garage
  • Bungalow

About This Home

As of September 2024

This beautifully updated 4-bedroom, 1-bath home is move-in ready and perfect for a family! Enjoy relaxing on the charming covered front porch. Step inside through the custom-made front door to find an open living and dining area with an abundance of natural light through the new windows. Admire the stunning white oak flooring that spans the main level of the home. The primary bedroom, conveniently located on the main level, features a cozy reading nook with more of that lovely natural light. Another bedroom on the main level is situated adjacent to the bathroom, and the main level also offers the convenience of a laundry area with a vintage sink from 1928. Upstairs, you'll discover two additional bedrooms and a bonus room currently used as a playroom, all with beautiful original hardwood flooring. The updated kitchen is equipped with an apron-front farmhouse sink and comes with all stainless-steel appliances. Enjoy outdoor gatherings around the firepit in the fenced-in backyard. There’s ample off-street parking with a drive-thru driveway extending from the street to the alley, and a 4-car detached garage adds extra potential for your needs. Recent updates include: flooring, metal roof, central air, furnace, windows, and baseboard heat and air conditioners for upstairs bedrooms. This home is conveniently located near Earlham College and Richmond High School. To schedule a private tour, contact Paula Kay King at (765) 969-9800. Don’t miss out on this unique property! Text 1316550 to 35620 for more information and photos.

Last Agent to Sell the Property

Paula Kay King

Better Homes and Gardens First Realty Group License #RB14027337 Listed on: 08/12/2024

Better Homes and Gardens First Realty Group

Last Buyer's Agent

Tim Orr

Coldwell Banker Lingle License #RB14033372

Coldwell Banker Lingle

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 60x128
  • Back Yard Fenced
  • Chain Link Fence

Parking

  • 4 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,072 Sq Ft Home
  • 1.5-Story Property
  • Window Treatments
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Laundry in Utility Room
  • Basement

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Electric Water Heater
  • Water Softener is Owned
  • Satellite Dish

Listing and Financial Details

  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 424 SW 5th Street
  • Estimated Year Built: 1930
  • Average Monthly Electric: 163.00
  • Average Monthly Gas: 55.47
  • Estimated Basement Size: Full
  • Estimated Size Bathroom 1: 5.2x7.8
  • Estimated Size Bedroom 1: 9.4x16.8
  • Bedroom 1 Comments: Primary Bedroom
  • Estimated Dining Room Size: 11x13.3
  • Dining Rm Level: M
  • Directions: From US 40, turn south onto College Ave, turn left onto SW D St, turn right onto SW 5th St.
  • E X E M P T: Homestead Credit
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 424 SW 5th St
  • Geo Longitude: -84.908664
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: M
  • Estimated Living Room Size: 13.2x13.4
  • Living Rm Level: M
  • Other Rm1 Approx Size: 8.4x12.5
  • Other Rm1 Comments: Bonus Room
  • Other Rm1 Level: U
  • OFFICELIST_STATE: IN
  • Building Stories: 1.5
  • Building Style: Bungalow
  • Tax Dup Number: 029-47554-00
  • Taxes Half: 380.00
  • Estimated Utility Room Size: 8.4x9.5
  • Utility Room Comments: Laundry Room
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1930

Interior Features

  • Appliances Included: Dishwasher, Disposal, Range-Electric, Refrigerator
  • Bedroom 1 Level: M
  • Bathroom 1 Level: M
  • Primary Bathroom: No
  • Amenities: Satellite
  • Has Basement: Yes
  • Estimated Size Bedroom 2: 9.2x11.5
  • Bedroom 2 Level: M
  • Estimated Size Bedroom 3: 13.7x13.9
  • Bedroom 3 Level: U
  • Estimated Size Bedroom 4: 8.1x13.5
  • Bedroom 4 Level: U
  • Lower Floor 1 Bedrooms: 4
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 11.1x12.2
  • Price Per S Q F T: 78.43
  • Basement Type: Single Family
  • Window Treatments Stay: Some

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Brick, Vinyl
  • Fencing: Chain, Back
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Age: 2023
  • Roof Type: Metal

Garage/Parking

  • Driveway: Asphalt
  • Garage Capacity: 4
  • Garage Type: Garage-Detached

Utilities

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

Fee Information

  • Tax Class: RESIDENTIAL

Schools

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

Lot Info

  • Geo Update Timestamp: 2024-08-13
  • Land Contract: No
  • Lot Size: 60x128
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Sep 26, 2024
Sold by
Jones April
Bought by
Holder Roscoe A and Thurman Brooklyn
Seller's Agent
Paula Kay King
Better Homes and Gardens First Realty Group
Buyer's Agent
Tim Orr
Coldwell Banker Lingle
List Price
$160,000
Sold Price
$162,500
Premium/Discount to List
$2,500
1.56%
Views
7
Current Estimated Value
$138,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,067
Avg. Annual Appreciation
-12.50%
Original Mortgage
$159,556
Outstanding Balance
$157,923
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
-$19,490

Purchase Details

Closed on
May 2, 2022
Sold by
Handyman Professionals Inc
Bought by
Capps Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2022
Sold by
Marshall Randy L and Marshall Nancy L
Bought by
Handyman Professional Inc and Fox'S Handyman Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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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
Holder Roscoe A -- None Listed On Document
Jones April -- None Listed On Document
Capps Jeffrey A $25,000 Parker Craig C
Handyman Professional Inc -- Parker Craig C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holder Roscoe A $159,556
Previous Owner Capps Jeffrey A $64,000
Previous Owner Handyman Professional Inc $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2024 09/26/24 Sold $162,500 +1.6% $78 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $160,000 -- $77 / 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 $864 $86,400 $15,200 $71,200
2023 $760 $76,000 $13,400 $62,600
2022 $564 $56,400 $13,400 $43,000
2021 $1,030 $51,500 $13,400 $38,100
2020 $1,032 $51,600 $13,400 $38,200
2019 $1,086 $54,300 $13,400 $40,900
2018 $1,086 $54,300 $13,400 $40,900
2017 $1,118 $55,900 $13,400 $42,500
2016 $1,120 $56,000 $13,400 $42,600
2014 $1,106 $55,300 $13,400 $41,900
2013 $1,106 $53,800 $13,400 $40,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10049191

APN: 89-18-05-130-507.000-030