NOT LISTED FOR SALE

508 SW 16th St Richmond, IN 47374

Estimated Value: $119,270 - $151,000

3 Beds
1.5 Baths
1,120 Sq Ft
$119/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $74,900 $67 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $826/month

71 Days on Market

Highlights

  • Ranch Style House
  • Lower Floor Utility Room
  • Living Room
  • Covered patio or porch
  • 1 Car Attached Garage
  • Attached Carport

About This Home

As of November 2018

Nice 3 bedroom home with central air and 90% efficient gas furnace with a full walk out basement, 1 car attached garage also with a carport. Rec room in the basement, new paint, new flooring, also new landscaping, on a low traffic area dead end street.

Last Agent to Sell the Property

Rob Johnson

Better Homes and Gardens First Realty Group License #RB14041834 Listed on: 08/02/2018

Better Homes and Gardens First Realty Group

Last Buyer's Agent

CHRIS HARTMAN

Better Homes and Gardens First Realty Group License #RB14043709

Better Homes and Gardens First Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $923

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 54x125

Home Design

  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 1,120 Sq Ft Home
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room
  • Lower Floor Utility Room
  • Basement

Kitchen

  • Electric Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Attached Garage
  • Attached Carport

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • $2,247 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$923

Year Built

Built in 1950

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 508 SW 16th St
  • Second Address Number: 508
  • Estimated Year Built: 1950
  • Estimated Basement Size: full
  • Estimated Size Bedroom 1: 12.10x13
  • E X E M P T: None
  • Family Room Estimated Size: 27x19.3
  • Family Rm Comments: basement
  • Family Room Level: l
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA, VA
  • Geo Address Line: 508 SW 16th St
  • Geo Longitude: -84.924974
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: m
  • Estimated Living Room Size: 20.8x13.4
  • Living Rm Level: m
  • Other Rm1 Approx Size: 12.8x11
  • Other Rm1 Comments: storage & rec room
  • Other Rm1 Level: l
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Building Style: Ranch
  • Tax Dup Number: 0290507500
  • Taxes Half: 784.50
  • Estimated Utility Room Size: 12.9x9.10
  • Utility Room Comments: laundry
  • Utility Room Level: l
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1950

Interior Features

  • Appliances Included: Microwave-Built In, Range-Electric, Refrigerator
  • Total Number Rooms: 8
  • Bedroom 1 Level: m
  • Primary Bathroom: No
  • Amenities: Cable TV
  • Has Basement: Yes
  • Basement Percentage Finished: 80
  • Estimated Size Bedroom 2: 13.1x11
  • Bedroom 2 Level: m
  • Estimated Size Bedroom 3: 11x11
  • Bedroom 3 Level: m
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: Gas Burning
  • Lower Floor 1 Half Bathrooms: 1
  • Estimated Kitchen Size: 9.7x14.2
  • Price Per S Q F T: 66.88
  • Basement Type: Single Family
  • Window Treatments Stay: None

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Aluminum
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Garage Capacity: 1
  • Garage Type: Garage-Attached, Carport-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
  • Water Heater: Electric

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: 2018-08-03
  • Estimated Number Acres: 0.15
  • Land Contract: No
  • Lot Size: 54x125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2018
Closed on
Nov 15, 2018
Sold by
Bratton James A
Bought by
Doudakian Gregory V
Seller's Agent
Rob Johnson
Better Homes and Gardens First Realty Group
Buyer's Agent
CHRIS HARTMAN
Better Homes and Gardens First Realty Group
List Price
$84,900
Sold Price
$74,900
Premium/Discount to List
-$10,000
-11.78%
Total Days on Market
71
Current Estimated Value
$133,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,418
Avg. Annual Appreciation
9.20%
Original Mortgage
$71,155
Outstanding Balance
$62,698
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$70,620

Purchase Details

Closed on
Sep 9, 2010
Sold by
Campbell Terry R
Bought by
Bratton James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
4.49%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Doudakian Gregory V -- --
Bratton James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doudakian Gregory V $71,155
Previous Owner Bratton James E $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $74,900 -11.8% $67 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $84,900 -- $76 / 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 $923 $92,300 $13,600 $78,700
2023 $808 $80,800 $11,900 $68,900
2022 $816 $81,600 $11,900 $69,700
2021 $719 $75,700 $11,900 $63,800
2020 $757 $78,700 $11,900 $66,800
2019 $687 $77,400 $11,900 $65,500
2018 $836 $82,600 $11,900 $70,700
2017 $1,569 $78,200 $11,900 $66,300
2016 $1,599 $79,700 $11,900 $67,800
2014 $613 $77,900 $11,900 $66,000
2013 $613 $73,300 $11,900 $61,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rob Johnson

    Better Homes and Gardens First Realty Group

    (765) 969-2233

    158 Total Sales

    Rob Johnson
    Section Image
  • CHRIS HARTMAN

    Buyer's Agent in 2018

    CHRIS HARTMAN

    Better Homes and Gardens First Realty Group

    (765) 277-6699

    74 Total Sales

    CHRIS HARTMAN
    Section Image
See All Agents

Map

Source: Richmond Association of REALTORS®

MLS Number: 10034061

APN: 89-18-06-310-232.000-030

Indiana Wayne County Richmond 47374

508 SW 16th St, Richmond, IN

This home is located at 508 SW 16th St, Richmond, IN 47374 since 02 August 2018 and is currently estimated at $133,318, approximately $119 per square foot. This property was built in 1950. 508 SW 16th St is a home located in Wayne County with nearby schools including Westview Elementary School, Dennis Intermediate School, and Richmond High School.

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