Seller's Agent in 2022
Tony Foust
Coldwell Banker Lingle
(765) 967-3051
337 Total Sales
707 W Main St Richmond, IN 47374
Estimated Value: $101,000 - $152,000
4
Beds
3
Baths
2,328
Sq Ft
$56/Sq Ft
Est. Value
Highlights
- Covered Patio or Porch
- Attached Carport
- Wood Siding
- Detached Garage
- Efficiency Studio Dwelling Unit
- Gas Fireplace
About This Home
As of February 2022Outstanding investment opportunity for a well maintained turn-key property with 3-units fully occupied with great tenants. Total building income is $1,650/mo. The upstairs 2 bedroom apartment has been remodeled with all new flooring, countertops, and paint. The efficiency apartment has also been remodeled and fully furnished with a bed, refrigerator and microwave. The entire exterior has been freshly painted and a new railing installed for rear access. The garage is also rented out for additional income. Don't miss your chance to take over and start collecting rent today! Call or text Tony Foust for more information at (765) 967-3051. Text 1025762 to 35620 for more information and photos.
Last Agent to Sell the Property
Coldwell Banker Lingle License #RB16001818 Listed on: 07/23/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,655
Year Built
- Built in 1910
Lot Details
- 8,015
Home Design
- Triplex
- Asphalt Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 2,328 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Electric Range
- Basement
Parking
- Detached Garage
- Attached Carport
Schools
- Westview Elementary School
- Dennis Middle School
- Richmond High School
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Gas Available
- Gas Water Heater
Additional Features
- Covered Patio or Porch
- Lot Dimensions are 45x178
- Efficiency Studio Dwelling Unit
Community Details
- 3 Units
- Operating Expense $5,904
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2021
Closed on
Feb 9, 2022
Sold by
Salil Prasad
Bought by
Ivory Dust Llc
Seller's Agent
Tony Foust
Coldwell Banker Lingle
Buyer's Agent
Tony Foust
Coldwell Banker Lingle
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,423
Avg. Annual Appreciation
6.34%
Original Mortgage
$71,250
Outstanding Balance
$66,715
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$57,507
Purchase Details
Listed on
Jul 23, 2021
Closed on
Jan 31, 2022
Sold by
Fireproof Equities Llc
Bought by
Prasad Salil
Seller's Agent
Tony Foust
Coldwell Banker Lingle
Buyer's Agent
Tony Foust
Coldwell Banker Lingle
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Outstanding Balance
$66,715
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$57,507
Purchase Details
Listed on
Jan 12, 2019
Closed on
Mar 29, 2019
Sold by
Owens Ernest K and Owens Mary A
Bought by
Fireproof Equities Llc
Seller's Agent
Rhonda Duning
Coldwell Banker Lingle
Buyer's Agent
Rhonda Duning
Coldwell Banker Lingle
List Price
$71,000
Sold Price
$67,500
Premium/Discount to List
-$3,500
-4.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ivory Dust Llc | -- | Parker Craig C | |
| Prasad Salil | $105,000 | Parker Craig C | |
| Fireproof Equities Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Prasad Salil | $71,250 | |
| Previous Owner | Owens Ernest Kim | $53,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2022 02/01/22 | Sold | $100,000 | -16.6% | $43 / Sq Ft |
| 01/28/2022 01/28/22 | Pending | -- | -- | -- |
| 07/23/2021 07/23/21 | For Sale | $119,900 | +77.6% | $52 / Sq Ft |
| 03/29/2019 03/29/19 | Sold | $67,500 | -4.9% | $29 / Sq Ft |
| 01/28/2019 01/28/19 | Pending | -- | -- | -- |
| 01/12/2019 01/12/19 | For Sale | $71,000 | -- | $30 / Sq Ft |
Source: Richmond Association of REALTORS®
Tax History Compared to Growth
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 | $2,655 | $117,500 | $14,900 | $102,600 |
| 2023 | $2,060 | $103,000 | $13,000 | $90,000 |
| 2022 | $1,458 | $72,900 | $13,000 | $59,900 |
| 2021 | $1,316 | $65,800 | $13,000 | $52,800 |
| 2020 | $1,282 | $64,100 | $13,000 | $51,100 |
| 2019 | $1,296 | $64,800 | $13,000 | $51,800 |
| 2018 | $1,292 | $64,600 | $13,000 | $51,600 |
| 2017 | $1,284 | $64,200 | $13,000 | $51,200 |
| 2016 | $1,374 | $68,700 | $13,000 | $55,700 |
| 2014 | $1,336 | $66,800 | $13,000 | $53,800 |
| 2013 | $1,336 | $63,300 | $13,000 | $50,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2019
Rhonda Duning
Coldwell Banker Lingle
(765) 967-7466
237 Total Sales
Map
Source: Richmond Association of REALTORS®
MLS Number: 10041720
APN: 89-18-06-220-203.000-030
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