NOT LISTED FOR SALE

906 S M St Unit 906 1/2 S M Street Richmond, IN 47374

Estimated Value: $51,000 - $100,000

1 Bed
1 Bath
1,086 Sq Ft
$64/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $26,649 $25 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $473/month

110 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Multiple Water Heaters
  • Porch
  • Baseboard Heating

About This Home

As of September 2016

Land contract potential! Attention Investors or even savvy home buyers with an investment dream in mind. This is a great investment opportunity! Two Income Properties on a double lot. You can live in one home and rent out the other, or you can rent out both homes! Assure yourself of monthly income either way. A home that pays for itself is a money maker so don't miss your opportunity to make a smart decision. New siding was put on the back house in January 2016. Electric Service and additional electrical components of the back house were brought to code and approved by the City Inspector in March of 2016. Don't miss out on this great investment opportunity! Text or call Brian Lackey at 765-200-0547 for a personal tour. Email Brian at brian@brianlackeyrealty.com. *Property being sold "As-Is"*

Last Agent to Sell the Property

Brian Lackey

Better Homes and Gardens First Realty Group License #RB14038462 Listed on: 05/20/2016

Better Homes and Gardens First Realty Group

Last Buyer's Agent

Brian Lackey

Better Homes and Gardens First Realty Group License #RB14038462 Listed on: 05/20/2016

Better Homes and Gardens First Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,065

Year Built

  • Built in 1948

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding
  • Stick Built Home

Interior Spaces

  • 1,086 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Porch

Schools

  • Test Middle School
  • Richmond High School

Utilities

  • Furnace
  • Baseboard Heating
  • Separate Meters
  • Multiple Water Heaters
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,065

Year Built

Built in 1948

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 906 S M Street
  • Second Address Number: 906
  • Estimated Year Built: 1948
  • Directions: From downtown Richmond take S 8th St to left on S M St to the property. (Near Corner of S 9th & S M)
  • F I N A N C I N G O F F E R E D: Cash, Conventional, Land Contract
  • Geo Address Line: 906 S M St
  • Geo Longitude: -84.8892822265625
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Secondary City: Wayne Co.
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Tax Dup Number: 029-17573-00
  • Taxes Half: 305.99
  • Total Assessed Value: 30600
  • Number One Bed Units: 1
  • Number Two Bed Units: 2
  • Split Utilities: Yes
  • Unit 1 Heat Type: Electric, Furnace
  • Unit 2 Heat Type: Baseboard, Electric
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0
  • Year Built: 1948

Interior Features

  • Total Number Rooms: 9
  • Amenities: Cable TV
  • Has Basement: Yes, Full Basement
  • Price Per S Q F T: 24.54
  • Basement Type: Other
  • Window Treatments Stay: All

Exterior Features

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

Garage/Parking

  • Driveway: Blacktop

Utilities

  • Electric Company: Richmond Power and Light
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Water Heaters: 2

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • Middle School: Test
  • High School: Richmond
  • High School: Richmond
  • Middle School: Test

Lot Info

  • Geo Update Timestamp: 2016-10-03
  • Estimated Number Acres: 0.22
  • Land Contract: Yes
  • Zoning: Residential

Multi Family

  • Number Furnaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2022
Sold by
Jennings Champagne Mahailya
Bought by
Bentley Brandalyn and Tate Jacqueline
Current Estimated Value
$68,982

Purchase Details

Closed on
Oct 7, 2021
Sold by
Hall Charles
Bought by
Jennings Champagne M

Purchase Details

Listed on
May 20, 2016
Closed on
Sep 30, 2016
Sold by
Hall Charles
Bought by
Jennings Champagne Mahailya
Seller's Agent
Brian Lackey
Better Homes and Gardens First Realty Group
Buyer's Agent
Brian Lackey
Better Homes and Gardens First Realty Group
List Price
$26,749
Sold Price
$26,649
Premium/Discount to List
-$100
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%
Source: Public Records

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Range of Values:

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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
Bentley Brandalyn -- --
Jennings Champagne M -- None Available
Jennings Champagne Mahailya $26,600 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $26,649 -0.4% $25 / Sq Ft
09/07/2016 09/07/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $26,749 -- $25 / 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 $1,065 $52,100 $11,100 $41,000
2023 $912 $45,600 $9,800 $35,800
2022 $655 $41,700 $9,800 $31,900
2021 $563 $37,400 $9,800 $27,600
2020 $450 $37,400 $9,800 $27,600
2019 $447 $37,400 $9,800 $27,600
2018 $461 $39,200 $9,800 $29,400
2017 $420 $39,900 $9,800 $30,100
2016 $244 $31,300 $9,800 $21,500
2014 $878 $43,900 $9,800 $34,100
2013 $878 $42,700 $9,800 $32,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10028283

APN: 89-18-09-110-322.000-030