NOT LISTED FOR SALE

433 Lincoln St Richmond, IN 47374

Estimated Value: $62,919 - $94,000

2 Beds
1 Bath
1,152 Sq Ft
$68/Sq Ft Est. Value

Last Sold April 30, 2022

Last sale price $60,000 $52 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $489/month

About This Home

As of April 2022

6 different rentals, new electric boxes, gas heat, 1 storage unit, unit for each double $50 extra for the units and 2 different garage units, $100 dollars each side. Owner pays water & sewage, tenants pay electric & gas. Full basement each side. Electric water heaters.

Last Agent to Sell the Property

Rob Johnson

Better Homes and Gardens First Realty Group License #RB14041834 Listed on: 02/25/2022

Better Homes and Gardens First Realty Group

Last Buyer's Agent

CHRIS PIERSON

Better Homes and Gardens First Realty Group License #RB14043909

Better Homes and Gardens First Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 45x160

Parking

  • Detached Garage

Home Design

  • Duplex
  • Stick Built Home

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Dennis Middle School
  • Richmond High School

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • Cable TV Available

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$920

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 433-435 Lincoln St
  • Geo Address Line: 433-435 Lincoln St
  • Geo Longitude: -84.9075595423279
  • Geo Match Code: 3
  • Geo Primary City: Richmond
  • Geo Quality: 1
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Taxes Half: 475.99
  • Number One Bed Units: 2
  • Split Utilities: Yes
  • Unit 1 Heat Type: Gas
  • Unit 2 Heat Type: Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Amenities: Cable TV
  • Has Basement: Yes, Full Basement
  • Price Per S Q F T: 52.08
  • Basement Type: Duplex

Exterior Features

  • Exterior Construction: Stick
  • Foundation: Basement

Garage/Parking

  • Garage Type: Garage-Detached

Utilities

  • Electric Company: Richmond Power and Light
  • Gas Company: Vectren Gas Company

Condo/Co-op/Association

  • Number of Units: 6

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • High School: Richmond
  • Middle School: Dennis

Lot Info

  • Geo Update Timestamp: 2022-03-04
  • Estimated Number Acres: 0.17
  • Land Contract: No
  • Lot Size: 45x160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
May 12, 2022
Sold by
Sadatshirazi Arsalan
Bought by
Shirazi Holding Llc
Seller's Agent
Rob Johnson
Better Homes and Gardens First Realty Group
Buyer's Agent
CHRIS PIERSON
Better Homes and Gardens First Realty Group
List Price
$67,900
Sold Price
$60,000
Premium/Discount to List
-$7,900
-11.63%
Current Estimated Value
$78,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,480
Avg. Annual Appreciation
7.97%
Original Mortgage
$40,500
Outstanding Balance
$33,188
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$45,292

Purchase Details

Listed on
Feb 25, 2022
Closed on
Apr 29, 2022
Sold by
Foust Family Revocable Living Trust
Bought by
Sadatshirazi Arsalan
Seller's Agent
Rob Johnson
Better Homes and Gardens First Realty Group
Buyer's Agent
CHRIS PIERSON
Better Homes and Gardens First Realty Group
List Price
$67,900
Sold Price
$60,000
Premium/Discount to List
-$7,900
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Outstanding Balance
$33,188
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$45,292
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shirazi Holding Llc -- Parker Craig C
Sadatshirazi Arsalan -- Parker Craig C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadatshirazi Arsalan $40,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2022 04/30/22 Sold $60,000 -11.6% $52 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $67,900 -- $59 / 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 $920 $46,000 $10,000 $36,000
2023 $894 $44,700 $8,700 $36,000
2022 $894 $55,000 $8,700 $46,300
2021 $944 $47,200 $8,700 $38,500
2020 $948 $47,400 $8,700 $38,700
2019 $952 $47,600 $8,700 $38,900
2018 $954 $47,700 $8,700 $39,000
2017 $926 $46,300 $8,700 $37,600
2016 $930 $46,500 $8,700 $37,800
2014 $1,034 $51,700 $8,700 $43,000
2013 $1,034 $50,300 $8,700 $41,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rob Johnson

    Better Homes and Gardens First Realty Group

    (765) 969-2233

    158 Total Sales

    Rob Johnson
    Section Image

  • C

    Buyer's Agent in 2022

    CHRIS PIERSON

    Better Homes and Gardens First Realty Group

    (765) 220-0023

    31 Total Sales

    CHRIS PIERSON
    Section Image
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Map

Source: Richmond Association of REALTORS®

MLS Number: 10043233

APN: 89-16-32-330-315.000-030

Indiana Wayne County Richmond 47374

433 Lincoln St, Richmond, IN

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