NOT LISTED FOR SALE

501 S 16th St Richmond, IN 47374

Estimated Value: $266,000 - $696,000

4 Beds
3.5 Baths
5,715 Sq Ft
$76/Sq Ft Est. Value

Last Sold June 10, 2014

Last sale price $250,000 $44 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,629/month

Highlights

  • Main Floor Bedroom
  • First Floor Utility Room
  • Living Room
  • Covered Patio or Porch
  • 5 Car Garage
  • Bathroom on Main Level

About This Home

As of June 2014

This exceptional home has over 5,000 sq ft of living space plus basement for storage. Large kitchen with wide open spaces and hardwood floors, 3 fireplaces including one in the master bedroom. Nice courtyard to enjoy the outdoors. 3 car garage attached to the house plus an additional 3 car detached, all are heated and cooled. Perfect location for convenience. A must see to appreciate all this property has to offer. LEGAL: LOTS 1, 9, 10, 11 & 12 & 1 1/2 FT OFF N SIDE LOT 8 REPLAT OF DILKS ADDN

Last Agent to Sell the Property

Rebecca Cate

Better Homes and Gardens First Realty Group License #RB14036877 Listed on: 10/21/2013

Better Homes and Gardens First Realty Group

Last Buyer's Agent

George Marchbanks

Coldwell Banker Lingle License #RB14042262

Coldwell Banker Lingle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,712

Lot Details

  • 0.84 Acre Lot
  • Partially Fenced Property
  • Wood Fence

Parking

  • 5 Car Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Stone Exterior Construction
  • Stick Built Home

Interior Spaces

  • 5,715 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Partial Basement

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,712

Lot Details

0

Listing Details

  • Additional Garage: Garage-Detached, 3
  • OFFICELIST_ADDRESS: 501 S 16TH STREET
  • Second Address Number: 501
  • Estimated Basement Size: FULL
  • Estimated Size Bathroom 1: FULL
  • Bathroom 1 Comments: MASTER
  • Estimated Size Bathroom 2: FULL
  • Estimated Size Bedroom 1: 20X16
  • Bedroom 1 Comments: MASTER
  • Estimated Dining Room Size: 16X14
  • Dining Rm Level: M
  • Directions: SOUTH 16TH STREET, CORNER OF SOUTH E STREET & 16TH STREET
  • E X E M P T: Homestead Credit, Mortgage
  • Family Room Estimated Size: 16X24
  • Family Room Level: M
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA, FHA 1st Buyer, VA
  • Geo Address Line: 501 S 16th St
  • Geo Longitude: -84.8800811767578
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 184600
  • Kitchen Level: M
  • Land Valuation: 50300
  • Estimated Living Room Size: 18X24
  • Living Rm Level: M
  • Other Rm1 Approx Size: FULL
  • Other Rm1 Comments: BATH
  • Other Rm1 Level: U
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Building Style: 2 Story
  • Tax Dup Number: 0293268400
  • Taxes Half: 1241
  • Total Assessed Value: 234900
  • Estimated Utility Room Size: 10X12
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Included: Dishwasher, Disposal, Microwave-Built In
  • Total Number Rooms: 10
  • Bedroom 1 Level: M
  • Bathroom 1 Level: M
  • Bathroom 2 Level: U
  • Primary Bathroom: Yes
  • Amenities: Cable TV
  • Has Basement: Yes, Partial Basement
  • Estimated Size Bedroom 2: 20X20
  • Bedroom 2 Level: U
  • Estimated Size Bedroom 3: 16X17
  • Bedroom 3 Level: U
  • Estimated Size Bedroom 4: 24X14
  • Bedroom 4 Level: U
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: Gas Burning, Wood Burning
  • Lower Floor 1 Half Bathrooms: 1
  • Estimated Kitchen Size: 14X24
  • Price Per S Q F T: 43.74
  • Basement Type: Single Family
  • Window Treatments Stay: All

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Stone
  • Fencing: Wood, Partial
  • Foundation: Basement
  • Porch/Deck Type: Covered, Patio, Porch
  • Roof Age: UNKNOWN
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Driveway: PAVED
  • Garage Capacity: 5+
  • Garage Type: Garage-Attached

Utilities

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

Fee Information

  • Tax Class: RESIDENTIAL

Schools

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

Lot Info

  • Geo Update Timestamp: 2014-06-10
  • Estimated Number Acres: 0.84
  • Land Contract: No
  • Zoning: RESIDENTIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2025
Sold by
Doggett Brian L and Doggett Debra L
Bought by
Hughes Jeffrey Scott and Hughes Scarlett G
Current Estimated Value
$435,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$360,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$75,857

Purchase Details

Listed on
Oct 21, 2013
Closed on
Jun 9, 2014
Sold by
Forrest Adam G
Bought by
Doggett Brian L and Doggett Debra L
Seller's Agent
Rebecca Cate
Better Homes and Gardens First Realty Group
Buyer's Agent
George Marchbanks
Coldwell Banker Lingle
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%

Purchase Details

Closed on
Dec 28, 2009
Sold by
Alberts Thomas P
Bought by
Forrest Adam G and Forrest Tanya C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,750
Interest Rate
4.84%
Mortgage Type
New Conventional
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
Hughes Jeffrey Scott -- None Listed On Document
Doggett Brian L $250,000 --
Forrest Adam G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Jeffrey Scott $360,000
Previous Owner Forrest Adam G $204,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2014 06/10/14 Sold $250,000 -7.1% $44 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
10/21/2013 10/21/13 For Sale $269,000 -- $47 / 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 $3,712 $371,200 $58,800 $312,400
2023 $3,516 $324,800 $51,500 $273,300
2022 $3,040 $278,000 $50,300 $227,700
2021 $2,822 $259,200 $50,300 $208,900
2020 $2,761 $253,700 $50,300 $203,400
2019 $2,727 $249,100 $50,300 $198,800
2018 $2,706 $248,400 $50,300 $198,100
2017 $2,695 $247,100 $50,300 $196,800
2016 $2,695 $247,100 $50,300 $196,800
2014 $2,441 $223,900 $50,300 $173,600
2013 $2,441 $234,900 $50,300 $184,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10021156

APN: 89-18-04-410-421.000-030