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1118 Northwest 6th Street

1118 Northwest 6th Street, Richmond, IN 47374
Property in Wayne
Sold Sep 01, 2021
$29,700
$23,750 by First Financial Bank
Mortgage Due Oct 01, 2051
Local assessors in Richmond, IN have categorized 1118 Northwest 6th Street as a residential type of property. The home was built in 1947 and is 77 years old. The property's lot size has been calculated to be 5,489 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1118 Northwest 6th Street has a total of 576 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. The home's a central heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1118 Northwest 6th Street sold most recently in Aug 30, 2021 for a total of $29,700. If you work out the math, that's approximately a cost of $51.56 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $251 in taxes each year. 1118 Northwest 6th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $24,800. If we break it down further, the land itself was valued at $4,100. Improvements to the property, however, were assessed at a total of $20,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,489
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 576
  • Building Area: 576
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 576
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 100 X 110 FT NE SEC 31-14-1 EX 50 X 110 FT 0.127A

Ownership

  • Current Owner : JOHNSON VALARIE
  • Previous Owner : CLAY SHERLEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richmond Community School Corporation
  • Census Tract: 000600

Geography

  • Assessors Map Reference: MP 4631220-034
  • Account Number: 463122011500029
  • District: 0014
  • Section: 4631220
  • Parcel: 89-16-31-220-115.000-030
  • Meridian: SEC 31 TWN 14 RNG 1
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.8429
  • Longitude: -84.9102

    Address

  • Full Address: 1118 Nw 6th St
  • Address - House Number: 1118
  • Street Direction: NW
  • Address - Street Name: 6th
  • Address - Suffix Type: St
  • State: IN
  • City Name: Richmond
  • Carrier Code: C053
  • 4-Digit Zip Code: 1860
  • Zip Code: 47374

Valuation

    Tax

  • Total Area: 576
  • Tax Year: 2022
  • Tax Amount: $251
  • Tax Rate Code Area: 29:RCHMND

    Appraisal Valuation

  • Standard Deviation: 0.4471
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 10
  • Final Value: 56,367
  • High Value: 81,573
  • Low Value: 31,160

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $23,750
  • First Open Lien Mortgage Lender: FIRST FINANCIAL BANK
  • First Open Lien Mortgage Recording Date: Sep 01, 2021
  • First Open Lien Mortgage Loan Amount: $23,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $24,800
  • Market Land Value: $4,100
  • Market Improvement Value: $20,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,800
  • Assessed Land Value: $4,100
  • Assessed Improvements Value: $20,700

    Sales

  • Current Sale Contract Date: Aug 30, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Transaction ID: 11855372645
  • Current Sale Price: $29,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021008758

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FINANCIAL BANK
  • First Mortgage Transaction Date: Sep 01, 2021
  • First Mortgage Loan Amount: $23,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Oct 01, 2051

About Richmond



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Frequently Asked Questions

What neighborhood is 1118 Northwest 6th Street located in?
The 1118 Northwest 6th Street is a located in the neighborhood of Wayne in Richmond, Richmond.
What is the average sales price for listings in 1118 Northwest 6th Street?
The average sales price for units in 1118 Northwest 6th Street is $0 currently.

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