NOT LISTED FOR SALE

70 NW I St Richmond, IN 47374

Estimated Value: $66,000 - $83,200

2 Beds
3 Baths
996 Sq Ft
$75/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $64,900 $65 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $459/month

11 Days on Market

About This Home

As of June 2024

This income producing duplex located on the northwest side of Richmond. Each side of this well-maintained property rents for $450, offering a stable investment opportunity. Both units feature convenient main floor laundry hookups, adding to tenant comfort and appeal. Unit 70 is available on a flexible month-to-month basis, perfect for accommodating immediate occupancy plans. Unit 72 is securely leased until November 30, 2024, ensuring steady income for the near future. Nestled on a quiet street, this duplex represents a great blend of peaceful living and investment savvy. Call Chandra Falcone today for your showing! (765) 993-4383 *Square footage is from property card and not to be relied upon*. Text 941730 to 35620 for more information and photos.

Last Agent to Sell the Property

Chandra Falcone

Better Homes and Gardens First Realty Group License #RB14041868 Listed on: 04/17/2024

Better Homes and Gardens First Realty Group

Last Buyer's Agent

Derek Callahan

Coldwell Banker Lingle License #RB19001795

Coldwell Banker Lingle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $660

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x151

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Stick Built Home

Interior Spaces

  • 996 Sq Ft Home
  • 2-Story Property
  • Basement

Schools

  • Fairview Elementary School
  • Dennis Middle School
  • Richmond High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • $1,500 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$660

Year Built

Built in 1910

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 70 NW I Street
  • Second Address Number: 70
  • Estimated Year Built: 1910
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 70 NW I St
  • Geo Longitude: -84.899253
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 029-42877-00
  • Taxes Half: 293.00
  • Number Two Bed Units: 2
  • Split Utilities: No
  • Unit 1 Heat Type: Baseboard, Electric
  • Unit 2 Heat Type: Baseboard, Electric
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Total Number Rooms: 5
  • Amenities: Cable TV
  • Has Basement: Yes
  • Price Per S Q F T: 65.16
  • Basement Type: Duplex

Exterior Features

  • Exterior Construction: Stick
  • Foundation: Basement
  • Roof Age: Unknown
  • Roof Type: Asphalt, Shingle

Utilities

  • Electric Company: Richmond Power and Light
  • Gas Company: None
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • Elementary School: Fairview
  • Middle School: Dennis
  • High School: Richmond
  • Elementary School: Fairview
  • High School: Richmond
  • Middle School: Dennis

Lot Info

  • Geo Update Timestamp: 2024-04-17
  • Estimated Number Acres: 0.17
  • Land Contract: No
  • Lot Size: 50x151
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jun 4, 2024
Sold by
L & S Rentals Llc
Bought by
Carmos Inc
Seller's Agent
Chandra Falcone
Better Homes and Gardens First Realty Group
Buyer's Agent
Derek Callahan
Coldwell Banker Lingle
List Price
$69,900
Sold Price
$64,900
Premium/Discount to List
-$5,000
-7.15%
Views
117
Current Estimated Value
$74,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,400
Avg. Annual Appreciation
11.38%
Original Mortgage
$51,200
Outstanding Balance
$49,463
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$24,717

Purchase Details

Closed on
Apr 12, 2006
Sold by
Jpmorgan Chase Bank
Bought by
Pippin Larry G and Pippin Shirley S

Purchase Details

Closed on
Dec 7, 2005
Sold by
Homecomings Finacial Network Inc
Bought by
Jpmorgan Chase Bank
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
Carmos Inc $64,000 None Listed On Document
Pippin Larry G -- --
Jpmorgan Chase Bank -- --
Homecomings Financial Network Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmos Inc $51,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $64,900 -7.2% $65 / Sq Ft
04/17/2024 04/17/24 For Sale $69,900 -- $70 / 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 $660 $33,000 $10,900 $22,100
2023 $586 $28,900 $9,500 $19,400
2022 $586 $28,900 $9,500 $19,400
2021 $539 $26,600 $9,500 $17,100
2020 $539 $26,600 $9,500 $17,100
2019 $535 $26,400 $9,500 $16,900
2018 $535 $26,400 $9,500 $16,900
2017 $498 $24,500 $9,500 $15,000
2016 $498 $24,500 $9,500 $15,000
2014 $541 $26,600 $9,500 $17,100
2013 $541 $26,000 $9,500 $16,500
Source: Public Records

Agents Affiliated with this Home

  • Chandra Falcone

    Seller's Agent in 2024

    Chandra Falcone

    Better Homes and Gardens First Realty Group

    (765) 993-4383

    188 Total Sales

    Chandra Falcone
    Section Image
  • Derek Callahan

    Buyer's Agent in 2024

    Derek Callahan

    Coldwell Banker Lingle

    (765) 277-1910

    104 Total Sales

    Derek Callahan
    Section Image
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Map

Source: Richmond Association of REALTORS®

MLS Number: 10048344

APN: 89-16-32-120-823.000-030

Indiana Wayne County Richmond 47374

70 NW I St, Richmond, IN

This home is located at 70 NW I St, Richmond, IN 47374 since 17 April 2024 and is currently estimated at $74,300, approximately $74 per square foot. This property was built in 1910. 70 NW I St is a home located in Wayne County with nearby schools including Fairview Elementary School, Dennis Middle 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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