NOT LISTED FOR SALE

809 S 7th St Richmond, IN 47374

Estimated Value: $62,000 - $90,827

4 Beds
2 Baths
1,888 Sq Ft
$40/Sq Ft Est. Value

Sale Details

Date Sold: January 26, 2024

Last sale price $47,000 $25 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $518 / mo

About This Home

Great investment opportunity! Very close to being rent ready with all major updates out of the way. This is upper lower duplex featuring 2 beds, 1 bath each with all utilities split besides water/sewage. Call Derek Tiemann today and schedule your private tour 765-439-0179

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2023
Closed on
Jan 23, 2024
Sold by
Merchants Property Sharks Llc
Bought by
Sleiman Rodrigue
Seller's Agent
Derek Tiemann
Key Realty Indiana
Buyer's Agent
Lexi Weddle
Coldwell Banker Lingle
List Price
$59,999
Sold Price
$47,000
Premium/Discount to List
-$12,999
-21.67%
Views
157
Current Estimated Value
$75,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,207
Avg. Annual Appreciation
24.19%

Purchase Details

Closed on
Jul 12, 2022
Sold by
Hensley Jeffery A
Bought by
Merchants Property Sharks Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2012
Sold by
Fannie Mae
Bought by
Hensley Jeffery A

Purchase Details

Closed on
Apr 25, 2012
Sold by
Hawkins Shane O
Bought by
Federal National Mortgage Association and Fannie Mae
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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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
Sleiman Rodrigue -- None Listed On Document
Merchants Property Sharks Llc -- Boston Bever Forrest Cross & S
Hensley Jeffery A -- None Available
Federal National Mortgage Association $55,520 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merchants Property Sharks Llc $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2024 01/26/24 Sold $47,000 -6.0% $25 / Sq Ft View Prior Sale
12/01/2023 12/01/23 Price Changed $49,999 -9.1% $26 / Sq Ft
11/04/2023 11/04/23 Price Changed $55,000 -8.3% $29 / Sq Ft
10/21/2023 10/21/23 For Sale $59,999 -- $32 / Sq Ft

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
2025 $1,388 $79,700 $4,000 $75,700
2024 $1,388 $69,400 $3,400 $66,000
2023 $12 $61,200 $3,000 $58,200
2022 $1,245 $61,100 $3,000 $58,100
2021 $1,144 $56,200 $3,000 $53,200
2020 $1,242 $61,000 $3,000 $58,000
2019 $1,234 $61,700 $3,000 $58,700
2018 $1,272 $63,600 $3,000 $60,600
2017 $1,258 $62,900 $3,000 $59,900
2016 $1,288 $64,400 $3,000 $61,400
2014 $1,336 $66,800 $3,000 $63,800
2013 $1,336 $64,600 $3,000 $61,600
Source: Public Records

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