NOT LISTED FOR SALE

727 S 9th St Richmond, IN 47374

Estimated Value: $76,000 - $91,000

4 Beds
3 Baths
1,748 Sq Ft
$49/Sq Ft Est. Value

Last Sold March 06, 2017

Last sale price $20,000 $11 Per Sq Ft

Est. 345% increase in value since last sale

Current estimated payment $582/month

28 Days on Market

Highlights

  • Covered Patio or Porch
  • Multiple Water Heaters
  • Efficiency Studio Dwelling Unit

About This Home

As of March 2017

Do not miss your chance on a great investment property. There are 2 units (1 lower, 1 upper) and a total of 4 bedrooms and 2 full bath in all. With all units rented you would be making a lot more than what your mortgage payment would be. There are 2 new water heaters and electrical has been updated. Call Chris Hartman today for more information or your personal tour at 765-277-6699.

Last Agent to Sell the Property

BRIAN INGLE

FC Tucker Richmond License #RB14040025 Listed on: 01/19/2017

Last Buyer's Agent

CHRIS PIERSON

Better Homes and Gardens First Realty Group License #RB14043909

Better Homes and Gardens First Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x121

Home Design

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

Interior Spaces

  • 1,748 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Schools

  • Cr Richardson Elementary School
  • Test Middle School
  • Richmond High School

Utilities

  • Window Unit Cooling System
  • Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Multiple Water Heaters

Additional Features

  • Covered Patio or Porch
  • Efficiency Studio Dwelling Unit

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,138

Year Built

Built in 1925

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 727 S 9TH STREET
  • Second Address Number: 727
  • Estimated Year Built: 1925
  • Directions: U.S. 40 EAST; TURN LEFT ONTO S. 9TH
  • 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: 727 S 9th St
  • Geo Longitude: -84.8896560668945
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • Improvements Valuation: 25800
  • Land Valuation: 2400
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 0294260100
  • Taxes Half: 282.00
  • Total Assessed Value: 28200
  • Number Two Bed Units: 2
  • Split Utilities: Yes
  • Unit 1 Heat Type: Gas
  • Unit 2 Heat Type: Gas
  • Unit 3 Heat Type: Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Total Number Rooms: 10
  • Has Basement: Yes, Partial Basement
  • Price Per S Q F T: 11.44
  • Basement Type: Duplex
  • Window Treatments Stay: None

Exterior Features

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

Utilities

  • Air Conditioner: Window
  • Electric Company: Richmond Power and Light
  • Gas Company: Vectren Gas Company
  • Sewer: City
  • Hot Water: City
  • Number Water Heaters: 2

Condo/Co-op/Association

  • Number of Units: 3

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • Elementary School: CR Richardson
  • Middle School: Test
  • High School: Richmond
  • Elementary School: CR Richardson
  • High School: Richmond
  • Middle School: Test

Lot Info

  • Geo Update Timestamp: 2017-03-07
  • Estimated Number Acres: 0.1
  • Land Contract: No
  • Lot Size: 35X121
  • Zoning: RES TWO FAMILY

Multi Family

  • Number Furnaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2017
Closed on
Mar 6, 2017
Sold by
Ingle Brian J
Bought by
Nouri Nasser
Seller's Agent
BRIAN INGLE
FC Tucker Richmond
Buyer's Agent
CHRIS PIERSON
Better Homes and Gardens First Realty Group
List Price
$24,900
Sold Price
$20,000
Premium/Discount to List
-$4,900
-19.68%
Current Estimated Value
$88,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,936
Avg. Annual Appreciation
19.76%

Purchase Details

Listed on
May 11, 2013
Closed on
Aug 27, 2013
Sold by
Smith William H and Smith Julie D
Bought by
Ingle Brian J
Seller's Agent
JONI HIRONS
Better Homes and Gardens First Realty Group
Buyer's Agent
BRIAN INGLE
FC Tucker Richmond
List Price
$19,900
Sold Price
$6,000
Premium/Discount to List
-$13,900
-69.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.78%

Purchase Details

Listed on
Jan 31, 2013
Closed on
Apr 20, 2013
Sold by
Dimeforeclosures Llc
Bought by
Smith William H and Smith Julie D
Seller's Agent
Rick Robinson
Robinson Real Estate
Buyer's Agent
DARREN OSENBAUGH
Indiana's REO Team, LLC
List Price
$12,870
Sold Price
$7,800
Premium/Discount to List
-$5,070
-39.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-52.75%

Purchase Details

Listed on
Jan 31, 2013
Closed on
Apr 17, 2013
Sold by
Jpmorgan Chase Bank N A
Bought by
Dimeforeclouseres Llc
Seller's Agent
Rick Robinson
Robinson Real Estate
Buyer's Agent
DARREN OSENBAUGH
Indiana's REO Team, LLC
List Price
$12,870
Sold Price
$7,800
Premium/Discount to List
-$5,070
-39.39%

Purchase Details

Closed on
Jan 9, 2013
Sold by
Bell Jeffery A and Bell Leslie A
Bought by
Jpmorgan Chase Bank Na
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
Nouri Nasser $20,000 Empire Title
Ingle Brian J -- None Available
Smith William H -- None Available
Dimeforeclouseres Llc $7,800 Meridian Title Corp
Jpmorgan Chase Bank Na -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2017 03/06/17 Sold $20,000 -19.7% $11 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $24,900 +315.0% $14 / Sq Ft
08/29/2013 08/29/13 Sold $6,000 -69.8% $3 / Sq Ft
08/09/2013 08/09/13 Pending -- -- --
05/11/2013 05/11/13 For Sale $19,900 +155.1% $11 / Sq Ft
04/24/2013 04/24/13 Sold $7,800 -39.4% $4 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $12,870 -- $7 / 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 $1,138 $56,900 $2,700 $54,200
2023 $1,004 $50,200 $2,400 $47,800
2022 $448 $22,400 $2,400 $20,000
2021 $416 $20,800 $2,400 $18,400
2020 $416 $20,800 $2,400 $18,400
2019 $406 $20,300 $2,400 $17,900
2018 $428 $21,400 $2,400 $19,000
2017 $538 $26,900 $2,400 $24,500
2016 $540 $27,000 $2,400 $24,600
2014 $496 $24,800 $2,400 $22,400
2013 $496 $38,800 $2,400 $36,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10029996

APN: 89-18-04-310-911.000-030