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405 Southwest 3rd Street

405 Southwest 3rd Street, Richmond, IN 47374
Property in Wayne
Sold Sep 18, 2019
$49,700
$39,750 by West End Bank
Mortgage Due Oct 01, 2034
Sold Jan 25, 2006
$47,500
$38,000 by First Bank Richmond Na
Mortgage Due Dec 01, 2020
405 Southwest 3rd Street in Richmond, IN was first built in 1930 and is 94 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 3 floors. There are a total of 11 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 405 Southwest 3rd Street has 1,888 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 5,184 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The condition of the building has been evaluated as good. As for heating, the home is utilizing a central heating system and being fueled with gas. The property was last sold in Sep 17, 2019 for $49,700. That's $26.32 per sqft. Prior to that sales transaction, the property was also sold in Nov 7, 2005 for $47,500. 405 Southwest 3rd Street was last assessed in 2023. The total value of the property was assessed at $59,700. Specifically, the land the property is located on was valued at $8,900. While improvements on the property were assessed at a total of $50,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,204. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 2
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Good
  • Building Quality: D+
  • Construction Type: Wood
  • Building Style: Duplex
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,184
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,888
  • Building Area: 1,888
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,888
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ARTHUR W BLISS
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 18 A W B

Ownership

  • Current Owner : LEWIS MICHAEL A
  • Previous Owner : BYRD RICHARD E
  • Owner Before Previous Owner: LONG BEACH MORTGAGE CO

Neighborhood

  • School District Name: Richmond Community School Corporation
  • Census Tract: 000800

Zoning

  • Zoning: ZO01

Geography

  • Account Number: 500513083200029
  • District: 0014
  • Section: 5005130
  • Parcel: 89-18-05-130-832.000-030
  • Lot: 18
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.8234
  • Longitude: -84.9052

    Address

  • Full Address: 405 Sw 3rd St
  • Address - House Number: 405
  • Street Direction: SW
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IN
  • City Name: Richmond
  • Carrier Code: C042
  • 4-Digit Zip Code: 5380
  • Zip Code: 47374

Valuation

    Tax

  • Total Area: 1,888
  • Tax Year: 2022
  • Tax Amount: $1,204
  • Tax Rate Code Area: 29:RCHMND

    Appraisal Valuation

  • Standard Deviation: 0.4471
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 10
  • Final Value: 83,529
  • High Value: 120,881
  • Low Value: 46,176

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $39,750
  • First Open Lien Mortgage Lender: WEST END BANK
  • First Open Lien Mortgage Recording Date: Sep 18, 2019
  • First Open Lien Mortgage Loan Amount: $39,750
  • First Open Lien Mortgage Term: 180
  • 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, 2034

    Market Valuation

  • Market Total Value: $59,700
  • Market Land Value: $8,900
  • Market Improvement Value: $50,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,700
  • Assessed Land Value: $8,900
  • Assessed Improvements Value: $50,800

    Sales

  • Current Sale Contract Date: Sep 17, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Transaction ID: 11657522112
  • Current Sale Price: $49,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019007466
  • Previous Sale Recording Date: Jan 25, 2006
  • Previous Sale Contract Date: Nov 07, 2005
  • Previous Sale Amount: $47,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEST END BANK
  • First Mortgage Transaction Date: Sep 18, 2019
  • First Mortgage Loan Amount: $39,750
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Oct 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK RICHMOND NA
  • Previous Mortgage Transaction Date: Jan 25, 2006
  • Previous Mortgage Loan Amount: $38,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2020

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Frequently Asked Questions

What neighborhood is 405 Southwest 3rd Street located in?
The 405 Southwest 3rd Street is a located in the neighborhood of Wayne in Richmond, Richmond.
What is the average sales price for listings in 405 Southwest 3rd Street?
The average sales price for units in 405 Southwest 3rd Street is $0 currently.

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