$69,725
SOLD APR 4, 2025

430 W Main St Richmond, IN 47374

-- Bed
-- Bath
1,736 Sq Ft
5,140 Sq Ft Lot

Recently Sold

$40 Per Sq Ft

12% Below List Price

3 Days on Market

About This Home

As of April 2025

Don't miss this turnkey investment property generating $1,350/month in rental income! This multi-unit property features two tenant-occupied units plus a rented garage, offering instant cash flow for savvy investors. Unit 1: Rented at $700/month, Unit 2: Rented at $650/month, Total Monthly Income: $1,350/month. Both units have tenants in place, ensuring stability. The property also includes off-street parking for added convenience. Whether you're expanding your portfolio or getting started in real estate investing, this income-generating property is a fantastic opportunity! ***THIS PROPERTY COULD BE PACKAGED WITH DUPLEX @ 904 S 5TH ST. Call or text Tony Foust at (765) 967-3051 for more info. FOUST for your HOUSE.

Last Agent to Sell the Property

Tony Foust

Coldwell Banker Lingle License #RB16001818 Listed on: 03/14/2025

Coldwell Banker Lingle

Last Buyer's Agent

Jeff Hazelett

Better Homes and Gardens First Realty Group License #RB22000227

Better Homes and Gardens First Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1920

Lot Details

  • 5,140 Sq Ft Lot
  • Lot Dimensions are 39x132

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,736 Sq Ft Home
  • 2-Story Property
  • Electric Range
  • Washer and Dryer Hookup
  • Basement

Outdoor Features

  • Covered patio or porch

Schools

  • Richmond High School

Utilities

  • Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,214

Year Built

Built in 1920

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 430 W MAIN STREET
  • Second Address Number: 430
  • Estimated Year Built: 1920
  • F I N A N C I N G O F F E R E D: Cash, Conventional
  • Geo Address Line: 430 W Main St
  • Geo Longitude: -84.907438
  • Geo Primary City: Richmond
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Tax Dup Number: 029-30365-00
  • Taxes Half: $533
  • Number One Bed Units: 1
  • Number Two Bed Units: 1
  • Split Utilities: Yes
  • Unit 1 Appliances: Range-Electric, Refrigerator, Washer/Dryer Hookup
  • Unit 1 Heat Type: Furnace, Gas
  • Unit 2 Appliances: Range-Electric, Refrigerator
  • Unit 2 Heat Type: Furnace, Gas
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Number Rooms: 8
  • Has Basement: Yes
  • Price Per S Q F T: 40.16
  • Basement Type: Duplex

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch
  • Roof Type: Shingle

Utilities

  • Electric Company: Richmond Power and Light
  • Gas Company: Vectren Gas Company
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Water Heaters: 1

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY

Schools

  • High School: Richmond
  • High School: Richmond

Lot Info

  • Geo Update Timestamp: 2025-03-14
  • Estimated Number Acres: 0.118
  • Land Contract: No
  • Lot Size: 39X132
  • Zoning: RESIDENTIAL

Multi Family

  • Number Furnaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Apr 4, 2025
Sold by
Zhao Terence and Tang Allan
Bought by
Howard William Spencer and Howard Morgan Marie
Seller's Agent
Tony Foust
Coldwell Banker Lingle
Buyer's Agent
Jeff Hazelett
Better Homes and Gardens First Realty Group
List Price
$79,000
Sold Price
$69,725
Premium/Discount to List
-$9,275
-11.74%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.03%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $69,725 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $69,725 -11.7% $40 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $79,000 -- $46 / Sq Ft
Source: Richmond Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $1,214 $60,700 $8,000 $52,700
2023 $1,066 $53,300 $7,000 $46,300
2022 $1,076 $53,800 $7,000 $46,800
2021 $876 $43,800 $7,000 $36,800
2020 $876 $43,800 $7,000 $36,800
2019 $876 $43,800 $7,000 $36,800
2018 $914 $45,700 $7,000 $38,700
2017 $890 $48,700 $7,000 $41,700
2016 $974 $48,700 $7,000 $41,700
2014 $1,096 $54,800 $7,000 $47,800
2013 $1,096 $53,200 $7,000 $46,200
Source: Public Records

Agents Affiliated with this Home

  • Tony Foust

    Seller's Agent in 2025

    Tony Foust

    Coldwell Banker Lingle

    (765) 967-3051

    337 Total Sales

    Tony Foust
    Section Image
  • Jeff Hazelett

    Buyer's Agent in 2025

    Jeff Hazelett

    Better Homes and Gardens First Realty Group

    (765) 914-8169

    65 Total Sales

    Jeff Hazelett
    Section Image
See All Agents

Map

Source: Richmond Association of REALTORS®

MLS Number: 10050540

APN: 89-16-32-330-919.000-030

Indiana Wayne County Richmond 47374

430 W Main St, Richmond, IN

This home is located at 430 W Main St, Richmond, IN 47374 and is currently priced at $69,725, approximately $40 per square foot. This property was built in 1920. 430 W Main St is a home located in Wayne County with nearby schools including Crestdale Elementary School, Dennis Intermediate School, and Richmond High School.

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