42 S 16Th Street Richmond, IN ^$ 17,000

42 S 16Th Street

^$ 17,000

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42 S 16Th Street

Richmond, IN, 47374

^$ 17,000

Bedrooms2 Baths1.0 Sq 1,316

Monthly Estimate*

^$ 106

42 S 16Th Street, Richmond, IN 47374 - Image 1

42 S 16Th Street, Richmond, IN 47374 - Image 2

42 S 16Th Street, Richmond, IN 47374 - Image 3

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42 S 16Th Street, Richmond, IN 47374 - Image 7

42 S 16Th Street, Richmond, IN 47374 - Image 8

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Single Family Home for sale in Richmond, IN

for $17,000 with 2 bedrooms and 1 full bath. This 1,316 square foot home was built in 1880 on a lot size of 0.06.

Prime opportunity for investors! This 2-bedroom, 2-bath property with 1,316 sq ft was previously configured as a duplex, offering excellent potential for redevelopment. Whether restoring the two-unit layout for income-producing capability or reimagining the space as a single residence, this property provides flexibility for a variety of investment strategies. The home will require substantial updates and repairs, making it an ideal project for experienced investors and/or flippers.

Single Family Pending

Price

^$ 17,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 877

Style

Traditional

Lot Size

0.06

Year Built

1880

Town/City

Richmond

County/Region

Wayne

MLS | Web ID

202548436

Features

General

Sewer Public

Heating None

Kitchen Level Main

Cooling None

Laundry Y/N Main

Fireplaces No

Status Pending Pending

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1880

New Construction No

Subdivision None

Style Two Story

Township Wayne

Class RESIDENTIAL

Type Site-Built Home

Age 145

REO No

Status Detail 0

Area Wayne County

High School Richmond

City Richmond

School District Richmond Community Schools

Architctural Style Traditional

Total Sq Ft 1516

Elementary School Vaile

Middle School Dennis

Legal Description S 1/2 LOT 31 M & P

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202548436

Agent First Name Robert

Agent Last Name Ping

DOM 9

Tax Year 2025

Interior

Basement Partial Basement Unfinished

Beds 2

Total Rooms 9

Family Room Width 18

Living Room Width 20

Family Room Length 16

Living Room Length 16

Full Baths Main 1

Full Baths Upper 0

Above Grade Bedrooms 2

Below Grade Baths 0

Below Grade Bedrooms 0

Full Baths Below Grade 0

Half Baths Below Grade 0

Half Baths Main 0

Half Baths Upper 0

1st Bedroom Level Upper

1st Bedroom Width 12

2nd Bedroom Length 12

2nd Bedroom Level Upper

2nd Bedroom Width 12

Basement Material Block

Exterior

Exterior Wood

Pool No

Lot Size Area 2526

Lot Dimensions 20X127

Lot Description Level

Waterfront Y/N No

* Excluded Features

List By

Robert Ping

Listing Agent

Ping Realty, Llc

Broker

pingrealty1@gmail.com

Affordability Calculator

$179

Per Month

Monthly Principal & Interest: $106
Monthly Property Taxes: $73
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Richmond, IN

Average List Price ^$111,750

Percent of Sale Price 557%

About Richmond, IN

34,963 Population

-10% Since 2002

^$32,158 Median Income

38.71 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4276851 Elementary School

5168564 Middle School

Richmond High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/9/2025	$17,000		Listed Price

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42 S 16Th Street, Richmond, IN, 47374 is a Single Family Home for sale at $17,000 with 1,316 sqft and a lot size of 0.06. 42 S 16Th Street has 2 bedrooms, 1.0 baths, and was built in 1880. The property's zip code is 47374 which is in Richmond, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/17/2025.

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42 S 16Th Street

Single Family Home for sale in Richmond, IN

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