123 S 13th St, Richmond, IN. 47374

Price: $39,900

Price: $19,995

123 S 13th St

Richmond, IN. 47374

Price: $39,900

Price: $19,995

123 S 13th St

Richmond, IN. 47374

Rehab Needed: $29,000-$65,000

ARV: $175,000

Possible Rent: $1,600

Watch The Following Walkthrough Video!

Price = $16,995

Bedrooms: 4

Bathrooms: 2.5

Stories: 2.0

Basement: Full/Unfinished

Square Feet: 2,910

Lot Size: 0.13 Acre

Garage: 1 Car Detached

Input"123 s 13" into the address search and click on the autofill

This massive 2,910 sq. ft. two-story brick residence, constructed in 1900, is situated on a 0.13-acre lot. Boasting 4 bedrooms, 2.5 bathrooms, and 12 total rooms, the property offers ample space for a variety of living arrangements or potential business opportunities.

Structural Details:

The structure features original hardwood floors throughout and is characterized by its notable architectural elements, both interior and exterior. A full, unfinished basement provides additional space for storage.

Recent Upgrades:

A newer power meter has been installed, ensuring modern electrical service to meet contemporary needs.

Outdoor Features:

The front yard is enclosed by a chain-link fence. A 1-car detached garage, built in 1992, is included, although it requires some siding and door repair.

Restoration Needs:

It is important to note that there was a fire, leading to damage inside the home. The interior will necessitate a comprehensive remodel, including the replacement of some windows and doors.

Conclusion:

Priced with the need for interior restoration in mind, this property presents a unique opportunity for investors or homeowners looking for a project to customize and revitalize a spacious and historically rich residence.

Photos of the property

Comparables Sales/Listings

Comp 1

Address: 212 S 15th St

Sales Price: $179,323

Sales Date: 6/16/2023

Distance Away: 0.13 Mile

Square Footage: 1,902

Year Built: 1920

Bed/Bath: 3 / 1.5

Basement: Partial/Unfinished

Garage: 2 Car Detached

Lot Size: 0.16 Acre

Price Per SQ.FT: $94.28

Comp 2

Address: 1415 S A St

Sales Price: $105,000

Sales Date: 11/1/2022

Distance Away: 0.12 Mile

Square Footage: 2,228

Year Built: 1900

Bed/Bath: 3 / 1.5

Basement: Full/Unfinished

Garage: 1 Car Detached

Lot Size: 0.10 Acre

Price Per SQ.FT: $47.13

Comp 3

Address: 69 S 15th St

Sales Price: $277,843

Sales Date: 6/02/2023

Distance Away: 0.17 Mile

Square Footage: 3,500

Year Built: 1897

Bed/Bath: 4/ 3.5

Basement: Partial/Partial Finish

Garage: NONE

Lot Size: 0.12 Acre

Price Per SQ.FT: $79.38

Comp 4

Address: 200 S 17th St

Sales Price: $190,340

Sales Date: 11/1/2022

Distance Away: 0.25 Mile

Square Footage: 2,468

Year Built: 1915

Bed/Bath: 4 / 2.5

Basement: Full/Unfinished

Garage: 1 Car Detached

Lot Size: 0.20 Acre

Price Per SQ.FT: $77.12

Comp 5

Address: 509 S 15th St

Sales Price: $183,081

Sales Date: 8/02/2023

Distance Away: 0.38 Mile

Square Footage: 2,012

Year Built: 1938

Bed/Bath: 3 / 1.5

Basement: Full/Unfinished

Garage: 1 Car Detached

Lot Size: 0.12 Acre

Price Per SQ.FT: $90.99

Comp 6

Address: 1901 S B St

Sales Price: $192,318

Sales Date: 7/01/2023

Distance Away: 0.43 Mile

Square Footage: 2,212

Year Built: 1929

Bed/Bath: 3 / 2.0

Basement: Full/Unfinished

Garage: 1 Car Attached

Lot Size: 0.17 Acre

Price Per SQ.FT: $86.94

Comparables

Comp 1

Comp 2

Comp 3

Address

212 S 15th St

1415 S A St

69 S 15th St

Sales Price

$179,323

$105,000

$277,843

Sales Date

6/16/2023

11/1/2022

6/02/2023

Distance Away

0.13 Mile

0.12 Mile

0.17 Mile

Square Feet

1,902

2,228

3,500

Year Built

1920

1900

1897

Beds/Bath

3/1.5

3/1.5

4/3.5

Basement

Partial/Unfinished

Full/Unfinished

Partial/Part Finish

Garage

2 Car Detached

1 Car Detached

NONE

Lot Size

0.16 Acre

0.10 Acre

0.12 Acre

Price Per SQ.FT.

$94.28

$47.13

$79.38

Additional Comparables

Comp 4

Comp 5

Comp 6 (PENDING)

Address

200 S 17th St

509 S 15th St

1901 S B St

Sales Price

$190,340

$183,081

$192,318

Sales Date

11/1/2022

8/02/2023

7/01/2023

Distance Away

0.25 Mile

0.38 Mile

0.43 Mile

Square Feet

2,468

2,012

2,212

Year Built

1915

1938

1929

Beds/Bath

4/2.5

3/1.5

3/2.0

Basement

Full/Unfinished

Full/Unfinished

Full/Unfinished

Garage

1 Car Detached

1 Car Detached

1 Car Attached

Lot Size

0.20 Acre

0.12 Acre

0.17 Acre

Price Per SQ.FT.

$77.12

$90.99

$86.94

123 S 13th St, Richmond, IN 47374, USA

Comps to support ARV

Comp 1

Comp 2

Comp 3

Address

154 N Woodward Ave

830 Upland Ave

23 Upper Ave

Sales Price

$63,000

$95,000

$82,500

Sales Date

10/21/2022

08/02/2022

9/27/2022

Distance Away

0.4 Miles

.99 Miles

0.7 Miles

Square Feet

1,280

1,568

1,320

Year Built

1905

1948

1930

Beds/Bath

3/1.0

4/2

3/1

Comps to support ARV

Comp 1

Address: 154 N Woodward Ave

Sales Price: $63,000

Sales Date: 10/21/22

Distance Away: 0.4 Miles

Square Footage: 1,280

Year Built: 1905

Bed/Bath: 3 / 1.0

Comp 2

Address: 830 Upland Ave

Sales Price: $95,000

Sales Date: 8/2/22

Distance Away: .99 Miles

Square Footage: 1,568

Year Built: 1948

Bed/Bath: 4 / 2

Comp 3

Address: 23 Upper Ave

Sales Price: $82,500

Sales Date: 9/27/2022

Distance Away: 0.7 Miles

Square Footage: 1,320

Year Built: 1930

Bed/Bath: 3/1