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(SOLD) $259,000

416 N 2nd Street Richmond, KY  40475

  • 6 Beds
  • 6 Baths

Property Description for 416 N 2nd Street Richmond, KY 40475

Meet the Mary Turner Hood House! The possibilities are endless with this grand Italianate historical building which over the years has been used as single family and zoned R1C, commercial, and multifamily. Presently in an under renovation state ready to be completed by new owner to meet their needs and wants which are endless.. You will find all the magnificent features of a home from this era like tall ceilings & large rooms plus a large city lot situated not far from Main Street. Major elements completed include standing seam metal roof/gutters/soffits (2018), complete tuckpoint & sealed brick (2019), geothermal wells & the units are on property and can be installed, weep drainage around exterior w 2 sump pumps, new foundation piers & concrete flooring in usable basement. Brick Foundation. No plumbing, fixtures, or electric except basement has lights in 5 rooms (must be seen where work has been done) & electric roughed in on 2nd floor. See info sheet for all info.. 6 rooms have potential to be bedrooms w/ 5 potential full baths & 1 potential half bath( not plumbed for any & no rough in. Only laid out for it). 10 rooms each on 1 & 2 floors & 5 rooms in Bsmt,
QuickBuy option for home selling

Address:416 N 2nd Street Richmond KY 40475
Status:Sold
Sold On: 7/11/2023
Price:$259,900
Bedrooms:6 Beds
Bathrooms:5 Full Baths, 1 Half Baths
Year Built:1872
Lot Size:0.67
County: Madison
School System : Madison County - 8
MLS #:22013143
Property Type:Single Family Residence

Lot Dimensions:29185
Water Source:Public
Directions:Close to Richmond KY Main St. Turn at the Madison County Court House onto north 2nd St and pass city park being developed on right and property is on the left right after.
Sq. Ft. Source:Public Records

Loan Price
$1,459
Price And Interest $1,351/month
Property Tax $0/month
MTG INS $0/month
HOME INS $108/month
Price
$259,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,296 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 008 - Madison County
City:Richmond
Subdivision: Downtown
Zip Code:40475

School System:Madison County - 8
High School:Madison Central
Middle School:Madison Mid
Elementary School:Kit Carson

Interior Features:Entrance Foyer
Exterior Type:Solid Masonry
Cool:None, Other
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 416 N 2nd Street Richmond, KY  40475


Get more information

Listing provided courtesy of Stacey Kelly and Connie Byers with CENTURY 21 Advantage Realty

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, KY Market Report

85
Avg. DOM
$158.04
Avg. $ / Sq.Ft.
$ 359,900
Med. List Price

The house prices in Richmond are not dropping at the moment. There has been a increase in price of $41,628.77. 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 Up. The average house price is $359,900.00 and the average price per square feet is $158.04 per square feet. At the moment, the amount of homes listed is exactly 1253 houses, with 122 with active status, 114 with pending status and 1017 sold in Richmond .

The most popular place to buy a home in Richmond is 008 - Madison County. 008 - Madison County 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 $0.00. 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 86 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 5794 minutes ago.

At the moment we have 14 open houses that you can visit.

The cost of the most expensive home in Richmond is $2,200,000.00. 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 $90,000.00 . 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 1959 and the newest built house is in year 9999.

The average size of properties in Richmond is 67.17 sq.ft. , the biggest one being 3445 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.

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