NOT LISTED FOR SALE

515 SW 16th St Richmond, IN 47374

Estimated Value: $61,000 - $110,000

1 Bed
1 Bath
672 Sq Ft
$124/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $30,000 $45 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $472/month

41 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Baseboard Heating
  • Covered patio or porch
  • Bathroom on Main Level

About This Home

As of April 2018

Extraordinary opportunity for investors and first time home buyers alike! This fully renovated home would make a great rental property for Earlham college students as it is located right around the corner from campus. The home features all new paint and flooring, double pane energy efficient windows, 200 amp updated electrical service, newer cabinets/counters, large pantry, spacious master bedroom, and sits on nearly a half acre lot in town! Don’t miss your opportunity with this exceptional home; call or text Tyler Fortman today at (765) 277-6607 for your personal tour! Visit me on Facebook for more information on this property.

Last Agent to Sell the Property

Tyler Fortman

Coldwell Banker Lingle License #RB15000149 Listed on: 02/01/2018

Coldwell Banker Lingle

Last Buyer's Agent

AMY WALTON

Coldwell Banker Lingle License #RB14046449

Coldwell Banker Lingle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59

Year Built

  • Built in 1927

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 108x150

Home Design

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

Interior Spaces

  • 672 Sq Ft Home
  • Window Treatments
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 1 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

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$59

Year Built

Built in 1927

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 515 SW 16TH STREET
  • Second Address Number: 515
  • Estimated Year Built: 1927
  • Estimated Size Bathroom 1: 5.4X9.1
  • Estimated Size Bedroom 1: 9.7X15.3
  • 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, FHA, FHA 1st Buyer, VA
  • Geo Address Line: 515 SW 16th St
  • Geo Longitude: -84.92431
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: M
  • Estimated Living Room Size: 10X13.9
  • Living Rm Level: M
  • Other Rm1 Approx Size: 7.3X15.3
  • Other Rm1 Comments: OPTIONAL 2ND BEDROOM
  • Other Rm1 Level: M
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Building Style: Ranch
  • Tax Dup Number: 029-40213-00
  • Taxes Half: 411.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1927

Interior Features

  • Bedroom 1 Level: M
  • Bathroom 1 Level: M
  • Primary Bathroom: No
  • Kitchen Comments: PANTRY
  • Amenities: Cable TV
  • Has Basement: No
  • Lower Floor 1 Bedrooms: 1
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 9.2X15.5
  • Price Per S Q F T: 44.64
  • Basement Type: Single Family
  • Window Treatments Stay: Some

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Foundation: Crawl
  • Porch/Deck Type: Covered, Porch
  • Roof Age: UNKNOWN
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Driveway: GRAVEL
  • Garage Capacity: 0

Utilities

  • Air Conditioner: Window
  • Electric Company: Richmond Power & Light
  • Gas Company: None
  • Heat Type: Baseboard
  • 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: 2018-04-13
  • Estimated Number Acres: 0.372
  • Land Contract: No
  • Lot Size: 108X150
  • Zoning: RESIDENTIAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
Anderson Sarah
Bought by
Butterbaugh Molly Catherine
Total Days on Market
41
Current Estimated Value
$83,135

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 13, 2018
Sold by
Penland
Bought by
Anderson Sarah
Seller's Agent
Tyler Fortman
Coldwell Banker Lingle
Buyer's Agent
AMY WALTON
Coldwell Banker Lingle
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.32%
Original Mortgage
$23,400
Interest Rate
4.44%
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
Butterbaugh Molly Catherine $59,000 None Listed On Document
Anderson Sarah $30,000 --
Anderson Sarah $30,000 Freedom Title Company, Inc.
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Sarah $23,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $30,000 -14.0% $45 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $34,900 -- $52 / 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 $59 $55,800 $23,700 $32,100
2023 -- $34,200 $20,700 $13,500
2022 $0 $34,300 $20,700 $13,600
2021 $0 $33,300 $20,700 $12,600
2020 $224 $33,100 $20,700 $12,400
2019 $207 $32,500 $20,700 $11,800
2018 $291 $41,900 $25,900 $16,000
2017 $822 $41,100 $25,900 $15,200
2016 $822 $41,100 $25,900 $15,200
2014 $816 $40,800 $25,900 $14,900
2013 $816 $39,700 $25,900 $13,800
Source: Public Records

Agents Affiliated with this Home

  • Tyler Fortman

    Seller's Agent in 2018

    Tyler Fortman

    Coldwell Banker Lingle

    (765) 277-6607

    248 Total Sales

    Tyler Fortman
    Section Image
  • AMY WALTON

    Buyer's Agent in 2018

    AMY WALTON

    Coldwell Banker Lingle

    (765) 993-2825

    43 Total Sales

    AMY WALTON
    Section Image
See All Agents

Map

Source: Richmond Association of REALTORS®

MLS Number: 10032641

APN: 89-18-06-310-225.000-030

Indiana Wayne County Richmond 47374

515 SW 16th St, Richmond, IN

This home is located at 515 SW 16th St, Richmond, IN 47374 since 01 February 2018 and is currently estimated at $83,135, approximately $123 per square foot. This property was built in 1927. 515 SW 16th St is a home located in Wayne County with nearby schools including Westview Elementary School, Dennis Intermediate School, and Richmond High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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