NOT LISTED FOR SALE

809 S 7th St Richmond, IN 47374

Estimated Value: $58,000 - $117,033

4 Beds
2 Baths
1,888 Sq Ft
$46/Sq Ft Est. Value

Sale Details

Date Sold: January 26, 2024

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

Est. 100% increase in value since last sale

Current estimated payment $626 / mo

72 Days on Market

Highlights

  • Deck
  • Baseboard Heating
  • Wood Siding
  • Covered Patio or Porch
  • Multiple Water Heaters

About This Home

As of January 2024

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

Last Agent to Sell the Property

Derek Tiemann

Key Realty Indiana Listed on: 10/21/2023

Key Realty Indiana

Last Buyer's Agent

Lexi Weddle

Coldwell Banker Lingle License #RB22

Coldwell Banker Lingle

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 10,890 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,888 Sq Ft Home
  • 2-Story Property
  • Basement

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Test Middle School
  • Richmond High School

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0.25 Acres

Listing Details

  • OFFICELIST_ADDRESS: 809 S 7th street
  • Estimated Year Built: 1920
  • 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: 809 S 7th St
  • Geo Longitude: -84.892689
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Taxes Half: 622.49
  • Number Two Bed Units: 2
  • Split Utilities: Yes
  • Unit 1 Appliances: Refrigerator
  • Unit 1 Heat Type: Furnace, Gas
  • Unit 2 Heat Type: Baseboard, Electric
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Price Per S Q F T: 24.89
  • Basement Type: Duplex

Exterior Features

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

Garage/Parking

  • Garage Type: None

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: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • High School: Richmond
  • Middle School: Test

Lot Info

  • Geo Update Timestamp: 2023-10-21
  • Estimated Number Acres: 0.25
  • Land Contract: No
  • Lot Size: .25

Multi Family

  • Number Furnaces: 2

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
$93,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,986
Avg. Annual Appreciation
29.64%

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
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
01/26/2024 01/26/24 Sold $47,000 -6.0% $25 / Sq Ft
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
Source: Richmond Association of REALTORS®

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

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10047338

APN: 89-18-05-440-327.000-030

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