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$1,915
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$339,900
3988 State Road 227 S Richmond, IN 47374
- 6,132 sq. Ft
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Property Description for 3988 State Road 227 S Richmond, IN 47374
Unbelievable and ready for a new buyer this prime development opportunity is situated on a versatile +/- 16 acre lot on the out skirts of Richmond, near the airport. This well-known location is ready for a new use and includes the following features, a large commercial building (formerly the Tarum Shrine Club), an inground fenced pool, a 46' x 40' x 12' pole barn, an extensive paved parking area, access to a pond, a full bar, a commercial kitchen, all equipment, and a stand alone house trailer that was used for groundskeeper. The private paved lane is a real showstopper. Some potential uses include, a possible equestrian facility, a learning center, a private club, a residential development, and much more. Some key benefits are the current tax-exempt status, a prime near airport location, and the great condition of the current club building. Don't miss this incredible opportunity to own a unique and valuable piece of property.
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Address:3988 State Road 227 S Richmond IN 47374
Status:Active
on site: 66 days
Price:$339,900
Bathrooms:0
Sq. Feet:6,132
Year Built:1992
Lot Size:16.46
County: Wayne
Township: Boston
MLS #:22005144
Property Type:Mixed Use
Lot Dimensions:716867
Zoning:res
Directions:GPS Friendly
Total Sq. Ft. :6,132
Semi-Annual Property Tax:$000
Tax Year:2023
Other Disclosures:Corporate Owned
Mandatory HOA Fee:$
Total Sq. Ft.:6,132
Cool:Central Electric
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Listing provided courtesy of James Henley with Coldwell Banker Lingle from MIBOR as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/06/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Richmond Market Report
86
Avg. DOM
$113.79
Avg. $ / Sq.Ft.
$ 174,900
Med. List Price
The house prices in Richmond are indeed dropping at the moment. There has been a decrease in price of $1,881.54. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
The housing market and house prices in Richmond are going Down. The average house price is $174,900.00 and the average price per square feet is $115.40 per square feet. At the moment, the amount of homes listed is exactly 460 houses, with 153 with active status, 53 with pending status and 254 sold in Richmond .
The most popular place to buy a home in Richmond is 8912 - Wayne - Wayne. 8912 - Wayne - Wayne is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Richmond .
The average amount of property taxes you would have to pay for a home in Richmond is $1,078.10. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.
Properties in Richmond are staying listed for an average of 57 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.
The last home listed in Richmond was 4094 minutes ago.
At the moment we have 1 open houses that you can visit.
The cost of the most expensive home in Richmond is $945,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.
The cost of the cheapest home in Richmond is $10,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.
The date of the oldest built home in Richmond in year 1900 and the newest built house is in year 2025.
The average size of properties in Richmond is 1740.14 sq.ft. , the biggest one being 5256 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.