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(SOLD) $595,000

428 E Farlow Road Richmond, IN  47374

  • 3 Beds
  • 2 Baths
  • 4,429 sq. Ft

Property Description for 428 E Farlow Road Richmond, IN 47374

This beautifully crafted 200-year-old farmhouse provides total privacy, tucked out of sight from the road, down a tree-lined lane, set on 26 acres of pristine rolling hills and fertile farmland. Greet each day with a morning coffee on your screened-in porch and take in the peace and quiet provided by the outdoor nature preserve that abuts the property. You'll enjoy access to the Preserve's hiking trails, streams, and historic mill site. The farmhouse includes exquisite historic details in a well-functioning nearly 3,500 sq.ft. home that has an impressive amount of storage and closet space for its age. The large eat-in kitchen has the original rustic wide plank wood floor, a multitude of shaker cabinetry, custom center island, dual ovens, large field stone fireplace with wood burner insert, a farm sink and views overlooking the beautiful landscape. A Dutch door off the kitchen leads to the large screened porch perfect for entertaining and enjoying the warmer seasons. The living room features 6-inch floor molding, 6-foot windows, and 10-foot ceilings. The spacious entryway has been used as a formal dining space for many years. The cozy den has a half bath and two large closets. There is a comfortable family room with laundry, and a light, bright bonus room that has many possibilities with a sink, a wall of built-in storage, and surfaces to create, paint, work, or simply take in the idyllic views of the property. The farmhouse has been lovingly maintained and has amenities found in more modern homes including geothermal heating and cooling (2015), a two-car attached garage, and three bedrooms upstairs, two of which are generously sized. Other structures include a springhouse, storage shed (24' x 28') and a spectacular barn (43' x 75') with five box horse stalls (6' x 12'), loft and tack room. Twenty-one acres of farmland is leased until this fall.

Address:428 E Farlow Road Richmond IN 47374
Status:Sold
Sold On: 5/31/2024
Price:$595,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:4,429
Year Built:1900
Lot Size:26.14
County: Wayne
Township: Boston
MLS #:21973787
Property Type:Single Family Residence

Lot Dimensions:1138484
Lot Features:Rural - Not Subdivision
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :2,357
Upper Level Sq. Ft. :612
Total Sq. Ft. :4,429
Basement:Yes

Loan Price
$3,537
Price And Interest $3,104/month
Property Tax $185/month
MTG INS $0/month
HOME INS $248/month
Price
$595,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$185/month
Home Owner Insurance
$2,976 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 14x17 Main
Dining Room 11x13 Main
Kitchen 16x19 Main
Sun Room 11x19 Main
Primary Bedroom 11x13 Upper
Bedroom 2 14x17 Upper
Bedroom 3 11x17 Upper
Mud Room 8x10 Main
Workshop 16x16 Main
Library 11x17 Main

Semi-Annual Property Tax:$1,109
Tax Year:2023
Other Disclosures:None
Mandatory HOA Fee:$

Area: 8915 - Wayne - Boston
Subdivision: No Subdivision
Zip Code:47374

Total Sq. Ft.:4,429
Interior Features:Attic Access, Built In Book Shelves, Raised Ceiling(s), Hardwood Floors, Pantry, Walk-in Closet(s)
Eating Area(s):Dining Combo/Family Room
Appliances:None
Exterior Type:Brick, Cedar, Wood
Fuel:No Fuel Source
Fireplace(s):Woodburning Fireplce
Cool:Geothermal
Heat:Geothermal
Water Heater:None
Total Rooms:10
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of James Henley with Coldwell Banker Lingle from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 04/14/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Richmond Market Report

77
Avg. DOM
$112.54
Avg. $ / Sq.Ft.
$ 170,950
Med. List Price

The house prices in Richmond are indeed dropping at the moment. There has been a decrease in price of $19,546.38. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Richmond are going Down. The average house price is $174,900.00 and the average price per square feet is $113.62 per square feet. At the moment, the amount of homes listed is exactly 610 houses, with 105 with active status, 35 with pending status and 470 sold in Richmond .

The most popular place to buy a home in Richmond is 8912 - Wayne - Wayne. 8912 - Wayne - Wayne is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Richmond .

The average amount of property taxes you would have to pay for a home in Richmond is $921.81. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Richmond are staying listed for an average of 56 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Richmond was 2339 minutes ago.

At the moment we have 2 open houses that you can visit.

The cost of the most expensive home in Richmond is $945,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Richmond is $29,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Richmond in year 1890 and the newest built house is in year 2022.

The average size of properties in Richmond is 1715.25 sq.ft. , the biggest one being 5256 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.