411 N 18th St, Richmond, IN. 47374

Price: $39,900

Price: $24,995

411 N 18th St

Richmond, IN. 47374

Price: $39,900

Price: $24,995

411 N 18th St

Richmond, IN. 47374

Rehab Needed: $15,000-$29,000

ARV: $105,000

Possible Rent: $1,100

Watch The Following Walkthrough Videos!

Price = $24,995

Bedrooms: 3-4

Bathrooms: 1.5-2.0

Stories: 2.0

Basement: Partial/Unfin

Square Feet: 1,357

Lot Size: 0.27 Acre

Garage: NONE

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Specifications:

-Land Area: 0.27 acres, comprised of 3 full lots.

-Structure: 2-story house, built in 1900 with 1,357 sq. ft. of living space.

-Current Configuration: In process of transitioning from a 3 bed, 1 bath to either a 3 or 4 bed with 1.5 to 2 baths.

Key Details:

Plumbing: Entire property has undergone plumbing updates with the second bathroom already plumbed in. All plumbing updates have passed inspections.

Electrical: Comprehensive electrical upgrades including a new fuse box and new wiring throughout the property. All electrical works have been inspected and approved.

Windows: Some new replacement windows have been installed. Extra windows are available onsite for additional installations.

Interior: Some walls have been removed to facilitate electrical work and layout modifications. Some stud framing in place and new drywall installed in the first floor front room. New subflooring is present in some areas. However, final flooring is yet to be installed.

Roof: Updated within the last couple of years.

Exterior: New exterior doors have been installed. Some window framing tasks remain unfinished.

Appliances: A few new appliances are present on site and are included in the sale.

Remaining Work: Bathroom and kitchen fixtures are yet to be installed.

Photos of the property

Comparables Sales/Listings

Comp 1

Address: 205 N 21st St

Sales Price: $117,389

Sales Date: 2/24/2023

Distance Away: 0.25 Mile

Square Footage: 1,608

Year Built: 1920

Bed/Bath: 3 / 1.5

Basement: Partial/Unfinished

Garage: 1 Car Detached

Lot Size: 0.12 Acre

Price Per SQ.FT: $73.00

Comp 2

Address: 16 S 22nd St

Sales Price: $215,327

Sales Date: 8/30/2023

Distance Away: 0.39 Mile

Square Footage: 1,574

Year Built: 1905

Bed/Bath: 3 / 1.5

Basement: Full/Unfinished

Garage: 2 Car Detached

Lot Size: 0.17 Acre

Price Per SQ.FT: $136.80

Comp 3

Address: 320 N 14th St

Sales Price: $83,125

Sales Date: 4/3/2023

Distance Away: 0.31 Mile

Square Footage: 1,495

Year Built: 1910

Bed/Bath: 3/ 1.0

Basement: Partial/Unfinished

Garage: 1 Car Detached

Lot Size: 0.11 Acre

Price Per SQ.FT: $55.60

Comp 4 (Land Comparable)

Address: 57 S 24th St

Sales Price: $155,000

Sales Date: 6/09/2023

Distance Away: 0.59 Mile

Square Footage: 1,370

Year Built: 1958

Bed/Bath: 2 / 1.5

Basement: Full/Unfinished

Garage: 1 Car Attached

Lot Size: 0.25 Acre

Price Per SQ.FT: $113.07

Comp 5 (Land Comparable)

Address: 30 N 28th St

Sales Price: $129,000

Sales Date: 12/12/2022

Distance Away: 0.69 Mile

Square Footage: 1,245

Year Built: 1940

Bed/Bath: 2 / 1.0

Basement: Full/Unfinished

Garage: 1 Car Attached

Lot Size: 0.35 Acre

Price Per SQ.FT: $135.31

Comp 6 (PENDING SALE)

Address: 406 S 16th St

Sales Price: $105,000

Sales Date: PENDING

Distance Away: 0.77 Mile

Square Footage: 1,060

Year Built: 1935

Bed/Bath: 3 / 2.0

Basement: Partial/Unfinished

Garage: NONE

Lot Size: 0.23 Acre

Price Per SQ.FT: $99.06

Comp 7 (ACTIVE LISTING)

Address: 47 S 19th St

List Price: $154,900

Sales Date: FOR SALE

Distance Away: 0.40 Mile

Square Footage: 1,569

Year Built: 1920

Bed/Bath: 3 / 1.5

Basement: Partial/Unfinished

Garage: NONE

Lot Size: 0.11 Acre

Comp 8 (ACTIVE LISTING)

Address: 220 S 14th St

List Price: $119,800

Sales Date: FOR SALE

Distance Away: 0.69 Mile

Square Footage: 1,520

Year Built: 1900

Bed/Bath: 3 / 1.5

Basement: Partial/Unfinished

Garage: NONE

Lot Size: 0.16 Acre

Price Per SQ.FT: $78.82

Comp 9 (ACTIVE LISTING)

Address: 720 N 15th St

List Price: $79,900

Sales Date: FOR SALE

Distance Away: 0.35 Mile

Square Footage: 1,104

Year Built: 1900

Bed/Bath: 2 / 1.0

Basement: Partial/Unfinished

Garage: 1 Car Detached

Lot Size: 0.08 Acre

Price Per SQ.FT: $72.37

Comparables

Comp 1

Comp 2

Comp 3

Address

205 N 21st St

16 S 22nd St

320 N 14th St

Sales Price

$117,389

$215,327

$83,125

Sales Date

2/24/2023

8/30/2023

4/3/2023

Distance Away

0.25 Mile

0.39 Mile

0.31 Mile

Square Feet

1,608

1,574

1,495

Year Built

1920

1905

1910

Beds/Bath

3/1.5

3/1.5

3/1.0

Basement

Partial/Unfinished

Full/Unfinished

Partial/Unfinished

Garage

1 Car Detached

2 Car Detached

1 Car Detached

Lot Size

0.12 Acre

0.17 Acre

0.11 Acre

Price Per SQ.FT.

$73.00

$136.80

$55.60

Additional Comparables

Comp 4 (FOR LAND)

Comp 5 (FOR LAND)

Comp 6 (PENDING)

Address

57 S 24th St

30 N 28th St

406 S 16th St

Sales Price

$155,000

$129,000

$105,000

Sales Date

6/09/2023

12/12/2022

PENDING

Distance Away

0.59 Mile

0.69 Mile

0.77 Mile

Square Feet

1,370

1,245

1,060

Year Built

1958

1940

1935

Beds/Bath

2/1.5

2/1.0

3/2.0

Basement

Full/Unfinished

Full/Unfinished

Partial/Unfinished

Garage

1 Car Attached

1 Car Attached

NO GARAGE

Lot Size

0.25 Acre

0.35 Acre

0.23 Acre

Price Per SQ.FT.

$113.07

$135.31

$99.06

Additional Comparables

Comp 7 (ACTIVE)

Comp 8 (ACTIVE)

Comp 9 (ACTIVE)

Address

47 S 19th St

220 S 14th St

720 N 15th St

List Price

$154,900

$119,800

$79,900

Sales Date

FOR SALE

FOR SALE

FOR SALE

Distance Away

0.40 Mile

0.69 Mile

0.35 Mile

Square Feet

1,569

1,520

1,104

Year Built

1920

1900

1900

Beds/Bath

3/1.5

3/1.5

2/1.0

Basement

Partial/Unfinished

Partial/Unfinished

Partial/Unfinished

Garage

NONE

NONE

1 Car Detached

Lot Size

0.11 Acre

0.16 Acre

0.08 Acre

Price Per SQ.FT.

$98.73

$78.82

$72.37

411 N 18th 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