407 S 8th St Richmond, IN 47374
Estimated payment $328/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $206
Year Built
- Built in 1910
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 49x132
Home Design
- Duplex
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Laminate Countertops
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Full Bathrooms
Partially Finished Basement
- Block Basement Construction
- Crawl Space
Parking
- Gravel Driveway
- Shared Driveway
Schools
- Vaile Elementary School
- Test Middle School
- Richmond High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Additional Features
- Covered Patio or Porch
- Suburban Location
Listing and Financial Details
- Assessor Parcel Number 89-18-05-240-715.000-030
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $202 | $11,800 | $4,000 | $7,800 |
| 2023 | $206 | $10,300 | $3,500 | $6,800 |
| 2022 | $788 | $39,400 | $3,500 | $35,900 |
| 2021 | $722 | $36,100 | $3,500 | $32,600 |
| 2020 | $722 | $36,100 | $3,500 | $32,600 |
| 2019 | $706 | $35,300 | $3,500 | $31,800 |
| 2018 | $678 | $33,900 | $3,500 | $30,400 |
| 2017 | $652 | $32,600 | $3,500 | $29,100 |
| 2016 | $764 | $38,200 | $3,500 | $34,700 |
| 2014 | $792 | $39,600 | $3,500 | $36,100 |
| 2013 | $792 | $38,300 | $3,500 | $34,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2025 10/14/25 | Price Changed | $59,000 | -7.8% | $20 / Sq Ft |
| 06/12/2025 06/12/25 | Price Changed | $64,000 | -7.2% | $21 / Sq Ft |
| 12/03/2024 12/03/24 | Price Changed | $69,000 | -8.0% | $23 / Sq Ft |
| 08/02/2024 08/02/24 | For Sale | $75,000 | -- | $25 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Attorney | |
| Special Warranty Deed | -- | Attorney |
Source: Indiana Regional MLS
MLS Number: 202429076
APN: 89-18-05-240-715.000-030
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