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.
Active
$17,000
42 S 16th St, Richmond, IN 47374
2beds
1,316sqft
Est.:
Single Family Residence
Built in 1880
2,613.6 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day |
- 115 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 09:38am
Listed by:
Robert Ping 317-332-8726,
Ping Realty, LLC
Source: IRMLS,MLS#: 202548436
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Upper
Family room
- Level: Main
- Area: 288
- Dimensions: 16 x 18
Kitchen
- Level: Main
- Area: 400
- Dimensions: 20 x 20
Living room
- Level: Main
- Area: 320
- Dimensions: 16 x 20
Heating
- None
Cooling
- None
Features
- Basement: Partial,Unfinished,Block
- Has fireplace: No
Interior area
- Total structure area: 1,516
- Total interior livable area: 1,316 sqft
- Finished area above ground: 1,316
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,613.6 Square Feet
- Dimensions: 20X127
- Features: Level
Details
- Additional structures: Shed
- Parcel number: 891804120105.000030
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Richmond
Financial & listing details
- Tax assessed value: $28,600
- Annual tax amount: $877
- Date on market: 12/9/2025
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$892/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Listed for sale | $17,000+9.7% |
Source:  IRMLS #202548436 Report a problem | ||
| 11/20/2023 | Listing removed | -- |
Source:  RLMS #10046955 Report a problem | ||
| 8/28/2023 | Listed for sale | $15,500$12/sqft |
Source: RLMS #10046955 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $668 -0.9% | $28,600 -14.4% |
| 2023 | $674 +8% | $33,400 -0.9% |
| 2022 | $624 | $33,700 +8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$84/mo
Principal & interest
$66
Property taxes
$12
Home insurance
$6
Climate risks
Neighborhood: 47374
Nearby schools
GreatSchools rating
- 6/10Vaile Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 2/10Dennis Intermediate SchoolGrades: 7-8Distance: 1.7 mi
- 5/10Richmond High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Vaile
- Middle: Dennis
- High: Richmond
- District: Richmond Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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