506 Toschlog Rd Richmond, IN 47374

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3 beds · 1 bath · 1,200 sq ft · Lot Size: 16,291 sq ft · Single Family Home
Est. Property Value: $144,369

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506 Toschlog Rd is in the 47374 neighborhood of Richmond, IN. It is located in Wayne County and ZIP code 47374. This Single Family Home was built in 1954 and is approximately 71 years old. The single family home spans 1200 sq ft with 3 bedrooms and 1 bathroom and sits on a 16291 sq ft lot. According to public records, it has a tax-assessed value of $74,000, which is $120 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 506 Toschlog Rd Richmond, IN 47374 with Property Intel by Whitepages.

Owners & Occupancy for 506 Toschlog Rd

This property is owned by Rhonda K Smith. Owner contact information includes 6 phone numbers and 2 email addresses.

Property Owners

Cell Phone(765) ***-****View Cell Phone
Residence************
Landline(765) 966-4990
Distance from Property**********
Email Address*******@yahoo.comView Email
Cell Phone(574) ***-****View Cell Phone
Residence************
Landline(765) 939-4122
Distance from Property**********

Occupancy

Resident 1**************
Resident 2****************
Resident 3********************* age 42

Property Financials for 506 Toschlog Rd

506 Toschlog Rd, Richmond, IN has a mortgage (orig. March 10, 2021). The Wayne county assessment for 2023 values it at $74,000, with annual taxes of $1,507.

Mortgage & Equity Information

Loan Amount$*****
Origination DateMarch 10, 2021
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Property Tax Amount$1,507 in 2023
Assessed Value$74,000 on 2023

Investment Potential for 506 Toschlog Rd

The property has a current estimated value of $144,369, which is 9% above the zip median. Projected long-term rental income is $21,000 annually ($1,750 per month) with a 83% occupancy rate.

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Long-Term

Gross Rental
$21,000 per year($1,750 per month)
Net Operating Income
Cap Rate
Occupancy Rate
83%in 47374 zip code
 
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Property Details for 506 Toschlog Rd

Property Details

Property Sq Ft

Living Area

1,200 sq ft

19% below market

Lot Size

16,291 sq ft

48% above market

Price Per Sq Ft

Living Area

$120 / sq ft

28% above market

Lot Size Area

$9 / sq ft

29% below market

Property condition, age, exterior, etc. for 506 Toschl…
Longitude: -84.934454 Latitude: 39.821439 Parcel Number (APN): 89-17-01-410-207.000-030…

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Discover more single family homes near 506 Toschlog Rd in Richmond, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 506 Toschlog Rd in Wayne County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$144,369
$209,373
-$65,004 (-31%)
$300,179
-$109,701 (-37%)
YoY Price Change
3.01%
-385%
Year Built
1954
1972
-18 years
Living Space
1,200 sq ft
1,582 sq ft
-382 (-24%)
$ Per Living Sq Ft
$120
$133
-$13 (-10%)
Lot Size
16,291 sq ft
12,807 sq ft
3484 (27%)
$ Per Lot Sq Ft
$9
$15
-$6 (-42%)

Net Operating Income
$17,636
-$2,015 (-11%)
Annual Revenue
$21,000
$24,600
-$3,600 (-15%)
$6,411
-$1,032 (-16%)
Net Operating Income
$17,636
-$2,015 (-11%)
Cap Rate
8.22%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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