$25,000
SOLD JAN 30, 2025

732 S 7th St Unit 734 S 7th Street Richmond, IN 47374

-- Bed
-- Bath
1,120 Sq Ft
5,009 Sq Ft Lot

Recently Sold

$22 Per Sq Ft

44% Below List Price

24 Days on Market

About This Home

As of January 2025

Grab your toolbelts and let those creative ideas flow! This property has a lot of potential! It will make a great investment property with two units and off street parking. Schedule your showing today!

Last Agent to Sell the Property

Angela Powell

Better Homes and Gardens First Realty Group Listed on: 12/30/2024

Better Homes and Gardens First Realty Group

Last Buyer's Agent

John Neely

Coldwell Banker Lingle License #RB23000180

Coldwell Banker Lingle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $590

Year Built

  • Built in 1920

Home Design

  • Duplex
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Electric Range
  • Basement

Schools

  • Dennis Middle School
  • Richmond High School

Utilities

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

Additional Features

  • Covered patio or porch
  • 5,009 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$590

Year Built

Built in 1920

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 732 S 7th Street
  • Second Address Number: 732
  • Estimated Year Built: 1920
  • Directions: 227 to N 12th to N A to N 8th to S 8th to S G to S 7th.
  • E X E M P T: None
  • Geo Address Line: 732 S 7th St
  • Geo Longitude: -84.893273
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 029-50194-00
  • Taxes Half: 259.00
  • Number Two Bed Units: 2
  • Split Utilities: Yes
  • Unit 1 Heat Type: Furnace, Gas
  • Unit 2 Appliances: Range-Electric, Refrigerator
  • Unit 2 Heat Type: Furnace, Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Has Basement: No
  • Price Per S Q F T: 22.32
  • Basement Type: Duplex
  • Window Treatments Stay: Some

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Other
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Type: Shingle

Utilities

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

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • Middle School: Dennis
  • High School: Richmond
  • High School: Richmond
  • Middle School: Dennis

Lot Info

  • Geo Update Timestamp: 2024-12-30
  • Estimated Number Acres: 0.115
  • Land Contract: No
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2024
Closed on
Jan 30, 2025
Sold by
Hockman Rhonda and Hockman James
Bought by
Sleiman Rodrique
Seller's Agent
Angela Powell
Better Homes and Gardens First Realty Group
Buyer's Agent
John Neely
Coldwell Banker Lingle
List Price
$45,000
Sold Price
$25,000
Premium/Discount to List
-$20,000
-44.44%
Views
22
Current Estimated Value
$52,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,235
Avg. Annual Appreciation
545.17%

Purchase Details

Closed on
Jan 15, 2021
Sold by
Mcfarland Susan J
Bought by
Hockman Rhonda and Hockman James
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 Type Sale Price Title Company
Warranty Deed $25,000 None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Sold $25,000 -30.6% $22 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
01/13/2025 01/13/25 Price Changed $36,000 -20.0% $32 / Sq Ft
12/30/2024 12/30/24 For Sale $45,000 -- $40 / 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 $590 $29,500 $3,100 $26,400
2023 $518 $25,900 $2,700 $23,200
2022 $518 $25,900 $2,700 $23,200
2021 $498 $24,900 $2,700 $22,200
2020 $782 $39,100 $2,700 $36,400
2019 $782 $39,100 $2,700 $36,400
2018 $826 $41,300 $2,700 $38,600
2017 $818 $40,900 $2,700 $38,200
2016 $818 $40,900 $2,700 $38,200
2014 $846 $42,300 $2,700 $39,600
2013 $846 $44,900 $2,700 $42,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10050132

APN: 89-18-05-420-609.000-030