NOT LISTED FOR SALE

612 S 8th St Richmond, IN 47374

Estimated Value: $66,000 - $70,000

9 Beds
3 Baths
1,876 Sq Ft
$36/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $10,000 $5 Per Sq Ft

Est. 583% increase in value since last sale

Current estimated payment $421/month

25 Days on Market

Highlights

  • Covered Patio or Porch
  • Efficiency Studio Dwelling Unit
  • Wood Siding

About This Home

As of March 2021

Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is being sold in AS IS condition. This property is eligible for Freddie Mac First Look Initiative (owner occupant) through 1/27/2021. Electric is split for the 3 units. Text 830199 to 35620 for more information and photos.

Last Agent to Sell the Property

JONI HIRONS

Better Homes and Gardens First Realty Group License #RB14047785 Listed on: 01/07/2021

Better Homes and Gardens First Realty Group

Last Buyer's Agent

MEMBER NON-MLS

NON-MLS MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $606

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x130

Parking

  • No Garage

Home Design

  • Triplex
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,876 Sq Ft Home
  • 2-Story Property
  • Basement

Schools

  • Richmond High School

Utilities

  • Furnace
  • Separate Meters
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Efficiency Studio Dwelling Unit

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$606

Year Built

Built in 1920

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 612 S 8th Street
  • Second Address Number: 612
  • Estimated Year Built: 1920
  • Directions: South 8th to home on the West side of the road.
  • E X E M P T: None
  • Geo Address Line: 612 S 8th St
  • Geo Longitude: -84.891926
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 25800
  • Land Valuation: 4000
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 029-03821-00
  • Taxes Half: 298.00
  • Total Assessed Value: 29800
  • Number One Bed Units: 2
  • Split Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Number Rooms: 10
  • Has Basement: Yes
  • Price Per S Q F T: 5.33
  • Basement Type: Triplex

Exterior Features

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

Garage/Parking

  • Garage Type: None

Utilities

  • Electric Company: Richmond Power and Light
  • Gas Company: Vectren Gas Company
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Water Heaters: 1

Condo/Co-op/Association

  • Number of Units: 3

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • High School: Richmond
  • High School: Richmond

Lot Info

  • Geo Update Timestamp: 2021-01-15
  • Estimated Number Acres: 0.12
  • Land Contract: No
  • Lot Size: 40x130
  • Zoning: Res

Multi Family

  • Number Furnaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2020
Sold by
Peters Matthew J and Retter Randall L
Bought by
Svcng Select Portfolio
Current Estimated Value
$68,333

Purchase Details

Closed on
Dec 28, 2005
Sold by
K T Property Group Llc
Bought by
Peters Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,475
Interest Rate
6.34%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 2, 2005
Sold by
Miller Richard and Miller Cheryl
Bought by
K T Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.93%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Svcng Select Portfolio $16,743 None Available
Peters Matthew J -- --
K T Property Group Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peters Matthew J $11,475
Previous Owner Peters Matthew J $34,425
Previous Owner K T Property Group Llc $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $10,000 +33.3% $5 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $7,500 -- $4 / 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 $606 $30,300 $4,500 $25,800
2023 $596 $29,800 $4,000 $25,800
2022 $596 $29,800 $4,000 $25,800
2021 $596 $29,800 $4,000 $25,800
2020 $596 $29,800 $4,000 $25,800
2019 $596 $29,800 $4,000 $25,800
2018 $596 $29,800 $4,000 $25,800
2017 $596 $29,800 $4,000 $25,800
2016 $596 $29,800 $4,000 $25,800
2014 $618 $30,900 $4,000 $26,900
2013 $618 $32,100 $4,000 $28,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10040329

APN: 89-18-05-420-304.000-030