NOT LISTED FOR SALE

519 S 8th St Richmond, IN 47374

Estimated Value: $61,000 - $111,000

3 Beds
1 Bath
2,328 Sq Ft
$34/Sq Ft Est. Value

Last Sold March 28, 2017

Last sale price $21,500 $9 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $530/month

51 Days on Market

Highlights

  • Covered patio or porch
  • Multiple Water Heaters
  • Wood Siding
  • Detached Garage

About This Home

As of March 2017

Conveniently located, this in town duplex is a side by side double with all separate utilities, formal dining rooms on each side, mud rooms, nice sized bedrooms, full basements , and large yards with a garage that is separated for each unit. Great Price and would be a good money maker, or Live in one side and rent out the other and have Tenant pay for everything. Don’t miss your opportunity, it won’t last long. Call or Txt Tim @ 765-914-0994 for all the details. ("Pertaining to Cash offers, the Grantee(s), or purchaser(s), of the Property cannot re-sell, record an additional conveyance document, or otherwise transfer title to the Property within 60 days following the Grantor's execution of this deed.")

Last Agent to Sell the Property

Tim Orr

Coldwell Banker Lingle License #RB14033372 Listed on: 01/16/2017

Coldwell Banker Lingle

Last Buyer's Agent

Robbin Bitner

Better Homes and Gardens First Realty Group License #RB14048986

Better Homes and Gardens First Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,112

Year Built

  • Built in 1920

Lot Details

  • 7,579

Parking

  • Detached Garage

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,328 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Schools

  • Vaile Elementary School
  • Test Middle School
  • Richmond High School

Utilities

  • Furnace
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Separate Meters
  • Multiple Water Heaters
  • Electric Water Heater

Additional Features

  • Covered patio or porch
  • Lot Dimensions are 40x190

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,112

Year Built

Built in 1920

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 519-521 S 8TH STREET
  • Second Address Number: 519-521
  • Estimated Year Built: 1920
  • 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: 519 S 8th St
  • Geo Longitude: -84.891227
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Number Two Bed Units: 2
  • Split Utilities: Yes
  • Storage Building: 2
  • Unit 1 Heat Type: Furnace, Gas
  • Unit 2 Heat Type: Fuel Oil, Furnace
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Number Rooms: 10
  • Has Basement: Yes, Partial Basement, Unfinished
  • Price Per S Q F T: 9.24
  • Basement Type: Duplex

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Frame, Wood
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Age: UNKNOWN
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Garage Type: Garage-Detached

Utilities

  • Electric Company: Richmond Power and Light
  • Gas Company: Vectren Gas Company, Other
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Water Heaters: 2

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • Elementary School: Vaile
  • Middle School: Test
  • High School: Richmond
  • Elementary School: Vaile
  • High School: Richmond
  • Middle School: Test

Lot Info

  • Geo Update Timestamp: 2017-03-30
  • Land Contract: No
  • Lot Size: 40X190

Multi Family

  • Number Furnaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2017
Closed on
Mar 15, 2017
Sold by
Bank Trustee
Bought by
Bitner Robbin
Seller's Agent
Tim Orr
Coldwell Banker Lingle
Buyer's Agent
Robbin Bitner
Better Homes and Gardens First Realty Group
List Price
$26,200
Sold Price
$21,500
Premium/Discount to List
-$4,700
-17.94%
Current Estimated Value
$79,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,546
Avg. Annual Appreciation
16.41%

Purchase Details

Closed on
Dec 7, 2016
Sold by
Bishop James Floyd and Bishop Shirley M
Bought by
Bank Of New York Mellon and Bank Of New York
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
Bitner Robbin $21,500 --
Binter Joyce $21,500 Serviclink Hopewell Campus
Bank Of New York Mellon $23,968 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2017 03/28/17 Sold $21,500 -17.9% $9 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $26,200 -- $11 / 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 $1,112 $55,600 $5,300 $50,300
2023 $972 $48,600 $4,600 $44,000
2022 $950 $47,500 $4,600 $42,900
2021 $868 $43,400 $4,600 $38,800
2020 $868 $43,400 $4,600 $38,800
2019 $858 $42,900 $4,600 $38,300
2018 $1,037 $51,800 $4,600 $47,200
2017 $999 $49,900 $4,600 $45,300
2016 $995 $49,700 $4,600 $45,100
2014 $1,036 $51,800 $4,600 $47,200
2013 $1,036 $53,800 $4,600 $49,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10029964

APN: 89-18-05-420-113.000-030