Seller's Agent in 2025
Julie Coffman
Parkside Realty, LLC
(765) 441-3734
20 in this area
180 Total Sales
54 S 16th St Richmond, IN 47374
--
Bed
--
Bath
2,656
Sq Ft
5,227
Sq Ft Lot 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
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
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Home Values in the Area
Average Home Value in this Area
Property History
| 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
| 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 | $994 | $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
-
Amanda Smith
Buyer's Agent in 2025
Amanda Smith
Fathom Realty
(765) 966-1581
44 in this area
63 Total Sales
Map
Source: Richmond Association of REALTORS®
MLS Number: 10050062
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