$40,000
SOLD MAY 6, 2025

514 Reid St Connersville, IN 47331

-- Bed
-- Bath
1,248 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

5% Below List Price

92 Days on Market

About This Home

As of May 2025

Calling all investors! This duplex has some repairs already completed. Each unit set up for 3 bedroom/1 bath. Take note of the reconstructed front porch, roof is waterproofed and ready for shingles, interior framing is completed, ready for dry wall, and main floor has been repaired. Each unit has separate entrances. Lots of income potential** Contact agent for access.

Last Agent to Sell the Property

Leah Spurlock

Coldwell Banker Lingle Listed on: 10/29/2024

Coldwell Banker Lingle

Last Buyer's Agent

MEMBER NON-MLS

NON-MLS MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $156

Year Built

  • Built in 1910

Parking

  • No Garage

Home Design

  • Duplex
  • Frame Construction
  • Stick Built Home

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • Basement

Schools

  • Fayette County Elementary And Middle School
  • Fayette County High School

Additional Features

  • Porch
  • 2,178 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$156

Year Built

Built in 1910

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 514 REID STREET
  • Second Address Number: 514
  • Estimated Year Built: 1910
  • E X E M P T: None
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 514 Reid St
  • Geo Longitude: -85.142755
  • Geo Primary City: Connersville
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Taxes Half: $76
  • Number Three Bed Units: 2
  • Split Utilities: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Total Number Rooms: 12
  • Has Basement: Yes
  • Price Per S Q F T: 32.05
  • Basement Type: Duplex
  • Window Treatments Stay: None

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Frame
  • Foundation: Basement
  • Porch/Deck Type: Porch
  • Roof Type: Other

Garage/Parking

  • Garage Type: None

Utilities

  • Electric Company: Duke
  • Gas Company: Ohio Valley Gas Company
  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • Elementary School: Fayette County
  • Middle School: Fayette County
  • High School: Fayette County
  • Elementary School: Fayette County
  • High School: Fayette County
  • Middle School: Fayette County

Lot Info

  • Geo Update Timestamp: 2024-10-29
  • Estimated Number Acres: 0.05
  • Land Contract: No
  • Zoning: MULTI FAM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2024
Closed on
May 6, 2025
Sold by
5 Star Property Group Llc
Bought by
W2m Llc
Seller's Agent
Leah Spurlock
Coldwell Banker Lingle
Buyer's Agent
MEMBER NON-MLS
NON-MLS MEMBER
List Price
$42,000
Sold Price
$40,000
Premium/Discount to List
-$2,000
-4.76%
Views
69
Current Estimated Value
$103,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,029
Avg. Annual Appreciation
2242.42%

Purchase Details

Closed on
Jan 8, 2021
Sold by
Gogo Real Estate Llc
Bought by
514 Reid St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.65%
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 Type Sale Price Title Company
Deed $24,000 Fayette County Title
Deed $9,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 Sold $40,000 -4.8% $32 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
10/29/2024 10/29/24 For Sale $42,000 -- $34 / 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 $156 $7,800 $3,800 $4,000
2023 $152 $7,600 $3,800 $3,800
2022 $134 $6,700 $3,800 $2,900
2021 $122 $6,100 $3,800 $2,300
2020 $120 $6,000 $3,900 $2,100
2019 $124 $6,200 $3,900 $2,300
2018 $238 $11,900 $3,900 $8,000
2017 $236 $11,800 $3,900 $7,900
2016 $248 $12,400 $4,300 $8,100
2014 $344 $17,200 $4,300 $12,900
2013 $344 $17,500 $4,400 $13,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10049779

APN: 21-05-24-321-001.000-003