$460,000
SOLD MAY 9, 2025

9480 N 575 W New Richmond, IN 47967

3 Beds
2 Baths
1,232 Sq Ft
13.63 Acres

Recently Sold

$373 Per Sq Ft

16% Below List Price

5 Days on Market

Highlights

  • 13.63 Acre Lot
  • Laundry Room
  • 1-Story Property
  • 3 Car Attached Garage
  • Shed

About This Home

As of May 2025

This home has so much potential! This property offers two separate home, live in one and rent out the other! The primary home offers open concept with three beds, two baths and three car attached garage. The second home offers an older home with two beds and two baths. There are two spacious barns on the property with newer concrete floors. Great potential for your business venture or just storage. All of this in situated on over 13 Acres and has been used in the past for a landing strip for the owners airplane. This owner says "SELL"!

Last Agent to Sell the Property

Sally Chamness

Carpenter, REALTORS® Brokerage Email: schamness@callcarpenter.com License #RB14023160 Listed on: 04/21/2025

Carpenter, REALTORS®

Last Buyer's Agent

Sally Chamness

Carpenter, REALTORS® Brokerage Email: schamness@callcarpenter.com License #RB14023160 Listed on: 04/21/2025

Carpenter, REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,896

Year Built

  • Built in 1956

Parking

  • 3 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Shed
  • 13.63 Acre Lot
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 540317900003001011
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,896

Year Built

Built in 1956

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1956
  • Lot Size Acres: 13.63
  • Structure Type: FreeStand
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 230000
  • MBR_AttributionContact: schamness@callcarpenter.com
  • Attribution Contact: schamness@callcarpenter.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Amenities: small pond, landing strip, 13 Acres
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Exterior Features: Barn Storage, Other
  • Foundation Details: Slab
  • List Price: 545000
  • Road Access: County Rd

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached

Utilities

  • Heating: Hot Water, Propane
  • Laundry Features: Laundry Room
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Current Use: Residential
  • Lot Size Sq Ft: 593679
  • Parcel Number: 540317900003001011
  • Acres: 10-20 Acres
  • Price Acre: 33749

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2896
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1448

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2025
Sold by
Ratcliff Inc
Bought by
Ratcliff Inc

Purchase Details

Listed on
Apr 21, 2025
Closed on
May 9, 2025
Sold by
Galloway John E and Galloway John E
Bought by
Ratcliff Inc
Seller's Agent
Sally Chamness
Carpenter, REALTORS®
Buyer's Agent
Sally Chamness
Carpenter, REALTORS®
List Price
$545,000
Sold Price
$460,000
Premium/Discount to List
-$85,000
-15.6%
Views
305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.33%

Purchase Details

Closed on
Jan 23, 2024
Sold by
Galloway Family Trust
Bought by
Galloway John E

Purchase Details

Closed on
Sep 22, 2022
Sold by
Galloway John E and Galloway Donna K
Bought by
Galloway Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 -- Partners Title
Warranty Deed -- Partners Title
Deed -- None Listed On Document
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,000 Credit Line Revolving
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Pending -- -- --
05/19/2025 05/19/25 For Sale $425,000 -7.6% $205 / Sq Ft
05/09/2025 05/09/25 Sold $460,000 -15.6% $373 / Sq Ft
04/26/2025 04/26/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $545,000 -- $442 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $3,171 $372,600 $92,100 $280,500
2023 $2,896 $345,600 $77,300 $268,300
2022 $3,079 $400,000 $72,100 $327,900
2021 $2,784 $307,300 $69,300 $238,000
2020 $2,721 $316,200 $69,100 $247,100
2019 $2,611 $303,500 $72,800 $230,700
2018 $2,337 $283,600 $68,700 $214,900
2017 $2,208 $283,000 $71,800 $211,200
2016 $1,836 $278,500 $73,300 $205,200
2014 $1,604 $268,700 $74,500 $194,200
2013 $1,604 $254,800 $70,700 $184,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22033852

MIBOR Broker Listing Cooperative®

APN: 54-03-17-900-003.001-011