Sheri Jones
Hoosier, REALTORS®
(812) 587-7444
187 Total Sales
1 in Richmond
$30,000 Price
54 S 16th St Richmond, IN 47374
Richmond Area
--
Bed
--
Bath
2,656
Sq Ft
5,227
Sq Ft Lot
About This Home
As of April 2025Exceptional investment opportunity! This multi-family property features four individual units, each offering one bedroom and one bathroom. Recently upgraded with a new roof, the property boasts efficient utilities including 2 gas meters, 2 gas furnaces, and 2 water heaters, all operating on a single water meter system. All kitchen appliances currently in place are included. Three units are move-in ready and available for immediate rental income, while the fourth unit presents an opportunity for customization and added value. With strategic improvements already in place and the potential for four rental income streams, this property is ideal for investors looking to expand their portfolio. Call Parkside Realty for your tour and more info, 765-458-0688.
Last Agent to Sell the Property
Parkside Realty, LLC License #RB14042594 Listed on: 12/12/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 41x127
Home Design
- Quadruplex
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 2,656 Sq Ft Home
- 2-Story Property
- Basement
- Crawl Space
Utilities
- Window Unit Cooling System
- Furnace
- Heating System Uses Gas
- Separate Meters
- Multiple Water Heaters
Community Details
- 4 Units
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 12, 2024
Closed on
Apr 3, 2025
Sold by
Bought by
Seller's Agent
Julie Coffman
Parkside Realty, LLC
Buyer's Agent
Amanda Smith
Fathom Realty
List Price
$74,999
Sold Price
$59,900
Premium/Discount to List
-$15,099
-20.13%
Views
56
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,096
Interest Rate
6.76%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 18, 2022
Sold by
Bought by
Purchase Details
Closed on
Feb 22, 2012
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Richmond, IN
-
Sheri Jones
-
Gary Coats
Gary Coats
Flesher Brothers Auctioneering and Real Estate Inc
(765) 305-4162
123 Total Sales
9 in Richmond
$103K - $223K Price Range
-
Jerrett Flesher
Jerrett Flesher
Flesher Brothers Auctioneering and Real Estate Inc
(765) 789-5956
156 Total Sales
1 in Richmond
$129,900 Price
-
Terry Michael
Terry Michael
Responds QuicklyHonor Realty LLC
(855) 785-1181
32 Total Sales
1 in Richmond
$90,000 Price
-
Christine Kroft
Christine Kroft
CENTURY 21 Bradley Realty, Inc
(260) 264-9314
109 Total Sales
1 in Richmond
$304,900 Price
-
Elizabeth Hughey
Elizabeth Hughey
White's Realty
(970) 457-6417
52 Total Sales
2 in Richmond
$65,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $59,900 | None Listed On Document | ||
| -- | Hocker Janet Davis | ||
| -- | Hocker Janet Davis | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $58,096 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/03/2025 04/03/25 | Sold | $59,900 | -7.8% | $23 / Sq Ft |
| 01/15/2025 01/15/25 | Pending | -- | -- | -- |
| 01/06/2025 01/06/25 | Price Changed | $64,999 | -13.3% | $24 / Sq Ft |
| 12/12/2024 12/12/24 | For Sale | $74,999 | -- | $28 / Sq Ft |
Source: Richmond Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $966 | $48,300 | $5,400 | $42,900 |
| 2024 | $994 | $48,400 | $5,300 | $43,100 |
| 2023 | $9 | $47,300 | $5,100 | $42,200 |
| 2022 | $868 | $43,400 | $4,700 | $38,700 |
| 2021 | $868 | $43,400 | $5,000 | $38,400 |
| 2020 | $868 | $43,400 | $5,000 | $38,400 |
| 2019 | $868 | $43,400 | $5,300 | $38,100 |
| 2018 | $826 | $41,300 | $6,200 | $35,100 |
| 2017 | $822 | $41,100 | $6,200 | $34,900 |
| 2016 | $820 | $41,000 | $6,200 | $34,800 |
| 2014 | $1,008 | $50,400 | $6,200 | $44,200 |
| 2013 | $1,008 | $48,900 | $6,200 | $42,700 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Coffman
Seller's Agent in 2025
Julie Coffman
Parkside Realty, LLC
(765) 441-3734
184 Total Sales
-
Amanda Smith
Buyer's Agent in 2025
Amanda Smith
Fathom Realty
(765) 966-1581
63 Total Sales
Map
Source: Richmond Association of REALTORS®
MLS Number: 10050062
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