NOT LISTED FOR SALE

517 SW 2nd St Richmond, IN 47374

Estimated Value: $90,000 - $127,000

2 Beds
1 Bath
1,002 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $75,000 $75 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $667/month

Highlights

  • Covered Patio or Porch
  • 2 Car Detached Garage
  • Bungalow
  • First Floor Utility Room
  • Living Room
  • 1-Story Property

About This Home

As of September 2022

Check out this west side 2-bedroom home located close to Richmond High School and Earlham College. Nice covered front porch that leads you into a spacious living room and dining room. Dining room has a gas fireplace that could help with those cold nights. Utility room just off the kitchen. Large detached 2+ car garage. For your personal showing please call Chris at 765-964-0667

Last Agent to Sell the Property

Chris Thompson

Better Homes and Gardens First Realty Group License #RB14051301 Listed on: 08/11/2022

Better Homes and Gardens First Realty Group

Last Buyer's Agent

Matthew Dickerson

Better Homes and Gardens First Realty Group

Better Homes and Gardens First Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $813

Year Built

  • Built in 1935

Lot Details

  • 5,750

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,002 Sq Ft Home
  • 1-Story Property
  • Non-Functioning Fireplace
  • Gas Fireplace
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Unfinished Basement
  • Partial Basement
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Richmond High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 48 x 120

Home Details

Home Type

Single Family

Est. Annual Taxes

$813

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Additional Garage: 2
  • OFFICELIST_ADDRESS: 517 SW 2nd
  • Second Address Number: 517
  • Estimated Year Built: 1935
  • Estimated Basement Size: Full
  • Bathroom 1 Comments: Full
  • Estimated Size Bedroom 1: 10 x 11.6
  • Estimated Dining Room Size: 12 x 12
  • Dining Room Comments: Gas fireplace
  • Dining Rm Level: M
  • Directions: US 40 West to SW 2nd Street South to 517
  • E X E M P T: Homestead Credit, Mortgage
  • F I N A N C I N G O F F E R E D: Cash, Conventional, FHA
  • Geo Address Line: 517 SW 2nd St
  • Geo Longitude: -84.904278
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Kitchen Level: M
  • Estimated Living Room Size: 11.6 x 9
  • Living Rm Level: M
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Building Style: Bungalow
  • Tax Dup Number: 0294765400
  • Taxes Half: 322.08
  • Estimated Utility Room Size: 6 x 23
  • Utility Room Comments: Off of kitchen
  • Utility Room Level: M
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1935

Interior Features

  • Appliances Included: Range-Electric, Refrigerator
  • Total Number Rooms: 6
  • Bedroom 1 Level: M
  • Primary Bathroom: No
  • Has Basement: Yes, Partial Basement, Unfinished
  • Estimated Size Bedroom 2: 10 x 11.6
  • Bedroom 2 Level: M
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: Gas Burning, Non-Working
  • Lower Floor 1 Half Bathrooms: 0
  • Estimated Kitchen Size: 10.6 x 10.6
  • Price Per S Q F T: 74.85
  • Basement Type: Single Family

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Age: Unknown
  • Roof Type: Shingle

Garage/Parking

  • Driveway: Alley
  • Garage Capacity: 2
  • Garage Type: Garage-Detached

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: Gas

Fee Information

  • Tax Class: RESIDENTIAL

Schools

  • High School: Richmond
  • High School: Richmond

Lot Info

  • Geo Update Timestamp: 2022-08-15
  • Land Contract: No
  • Lot Size: 48 x 120
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 12, 2022
Sold by
Bond Chad E
Bought by
Baker James D
Seller's Agent
Chris Thompson
Better Homes and Gardens First Realty Group
Buyer's Agent
Matthew Dickerson
Better Homes and Gardens First Realty Group
List Price
$75,500
Sold Price
$75,000
Premium/Discount to List
-$500
-0.66%
Current Estimated Value
$114,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,274
Avg. Annual Appreciation
14.45%
Original Mortgage
$72,750
Outstanding Balance
$69,840
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$44,434

Purchase Details

Closed on
Jan 10, 2007
Sold by
Thomas Carl and Thomas Lois
Bought by
Bond Chad E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.16%
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
Baker James D -- --
Bond Chad E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker James D $72,750
Previous Owner Bond Chad E $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2022 09/12/22 Sold $75,000 -0.7% $75 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $75,500 -- $75 / 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 $813 $81,300 $12,300 $69,000
2023 $762 $76,200 $10,800 $65,400
2022 $731 $77,000 $10,800 $66,200
2021 $644 $70,000 $10,800 $59,200
2020 $592 $68,400 $10,800 $57,600
2019 $563 $68,500 $10,800 $57,700
2018 $515 $65,300 $10,800 $54,500
2017 $504 $64,600 $10,800 $53,800
2016 $491 $64,600 $10,800 $53,800
2014 $459 $64,900 $10,800 $54,100
2013 $459 $65,500 $10,800 $54,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10044629

APN: 89-18-05-320-209.000-030