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$69,000 $6,000on 12/3/2024

407 S 8th Street Richmond, IN  47374

  • 7 Beds
  • 2 Baths
  • 2,989 sq. Ft

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Property Description for 407 S 8th Street Richmond, IN 47374

Discover the potential in this duplex located in the heart of Richmond! Priced to sell, this property is perfect for investors or DIY enthusiasts looking for their next project. With spacious living areas and a flexible layout, this duplex offers endless possibilities for customization. Don't miss out on this fantastic opportunity to transform this property into a true gem.

Address:407 S 8th Street Richmond IN 47374
Status:Active
on site: 134 days
Price:$69,000
Bedrooms:7 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,989
Year Built:1910
Lot Size:0.15
County: Wayne County
Township: Wayne
School System : Richmond Community
MLS #:202429076
Property Type:Site-Built Home

Lot Dimensions:49x132
Lot Description:0-2.9999
Directions:US 35 to US 70. US 70 to US 27. Property on S 8th St.
Total Sq. Ft. :2,989
Basement:Yes

Loan Price
$406
Price And Interest $360/month
Property Tax $17/month
MTG INS $0/month
HOME INS $29/month
Price
$69,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$17/month
Home Owner Insurance
$348 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
12/03/24 $75,000 $69,000 -8%

RoomSizeLevel
Master Bedroom 13 x 12 Main
2nd Bedroom 14 x 13 Upper
3rd Bedroom 12 x 7 Upper
4th Bedroom 15 x 8 Upper
5th Bedroom 13 x 14 Main
Kitchen 20 x 10 Main
Dining Room 9 x 11 Main
Living Room 15 x 15 Main

Semi-Annual Property Tax:$103
Tax Year:2024
Mandatory HOA Fee:$

Subdivision: Other
Zip Code:47374

School System:Richmond Community
High School:Richmond
Middle School:Julia E Test
Elementary School:Vaile

Total Sq. Ft.:2,989
Exterior Features:Vinyl
Fuel:Forced Air
Fireplace(s):None
Cool:Window
Heat:Forced Air
Total Rooms:14
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Paul Faddis and Jill Friend with Tarter Realty Auction and Appraisal Company

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





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 5244 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.