Fantastic Investment Opportunity in Historic Richmond! This triplex in the historic community of Richmond is a great investment opportunity for those looking to capitalize on a fixer-upper. The property requires a complete rehab, with the back apartment needing the most work. The upstairs apartment and the other downstairs unit are solid structures that will require less extensive renovations. With the potential for high returns, this property is perfect for investors ready to bring this historic gem back to life. Don't miss out on this promising opportunity!
This property is $156K less than the Median Sold Price in Richmond, IN.
Based on homes sold in November 2024
MLS Details
MLS Information:
MLS Name: MIBOR
MLS Number: #21990530
Listing Office:
Office Name: Blu Nest Realty
Office Email: heather@heatherludlow.com
Listing Agent: Heather Ludlow
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
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Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,534
$74,000
2019
$1,314
$74,000
2017
$1,296
$64,800
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Vaile Elementary School
300 S 14th St
Distance between this listing and this school0.21 miles
Public District Grades PK-4
2
/10
Starr Elementary School
301 N 19th St
Distance between this listing and this school0.73 miles
Public District Grades PK-4
5
/10
Charles Elementary School
2400 Reeveston Rd
Distance between this listing and this school0.98 miles
Public District Grades PK-4
Nearby Schools
4
/10
Test Intermediate School
22 S 22nd St
Distance between this listing and this school0.81 miles
Public District Grades 5-8
1
/10
Dennis Intermediate School
222 NW 7th St
Distance between this listing and this school1.37 miles
Public District Grades 5-8
5
/10
Centerville-Abington Jr High School
509 Willow Grove Rd
Distance between this listing and this school6.15 miles
Public District Grades 7-8
Nearby Schools
2
/10
Excel Center - Richmond
1215 S J St
Distance between this listing and this school0.81 miles
Public Charter Grades 10-12
4
/10
Richmond High School
380 Hub Etchison Pkwy
Distance between this listing and this school0.86 miles
Public District Grades 9-12
7
/10
Centerville Sr High School
507 Willow Grove Rd
Distance between this listing and this school6.13 miles
The neighbors living near this home have an average income of $31,184. Residents of Richmond, IN typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 122 S 12th St in Richmond, IN and zip code 47374. This home, which was built in 1920, sits on a 0.13 acre lot. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $24,000.
While more than 0 listings in Richmond, IN in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below. Between October 2024 and November 2024, Richmond, IN real estate market has seen decrease in the number of listings by 3.7%. The median list price of listings available in November 2024 was $180,000, while the average time on the real estate market was 89 days.
From Rocket Homes Real Estate and based on county public records data.