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(SOLD) $602,000

481 Timothy Drive Richmond, IN  47374

  • 3 Beds
  • 4 Baths
  • 4,021 sq. Ft

Property Description for 481 Timothy Drive Richmond, IN 47374

Two Story farmhouse with attached 2 car garage, additional detached 2 car garage with loft storage on 9 quiet rolling acres. Large wrap around porch and newly updated deck for outdoor entertainment. Fully remodeled in 2021 and 2022 (interior and exterior) with many upgrades throughout the entire home including gourmet kitchen with custom inset white oak and white Amish cabinetry, quartz counter tops, KitchenAid stainless steel appliances, Large island with farmhouse sink, storage, beverage cooler and pop up mixer stand. Pantry wall includes rollout shelves, double convection oven, built in wine and glass storage and pull out shelf for coffee maker and toaster. Multi zone HVAC system and central vacuum built into each level with a dustpan in kitchen. Engineered hardwood, new carpet, new bathroom tile, custom glass shower, custom built-in amish office cabinetry and more. Three bedrooms and two full bathrooms on second level with large bonus space over garage that has many possibilities for entertainment, additional bedroom or an owners retreat. Gas fireplaces located on main floor and basement, as well as half baths on both levels. The completely finished basement has 8-9 ft ceilings, wet bar and large window. The basement can easily be adjusted to create an additional bedroom. This home is an entertainer's paradise with a dream setting and ample parking. Gorgeous sunset views from deck and kitchen. Very private and peaceful property. Zoned for Northeastern school district. Easy access to I-70, Reid Health and National Rd.

Address:481 Timothy Drive Richmond IN 47374
Status:Sold
Sold On: 3/6/2024
Price:$609,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 2 Half Baths
Sq. Feet:4,021
Year Built:1994
Lot Size:9.00
County: Wayne County
Township: New Garden
MLS #:202320627
Property Type:Site-Built Home

Lot Dimensions:369x1177
Lot Description:Corner,Partially Wooded,6-9.999,Pasture
Directions:From I-70 go North on US 27, Timothy Drive is the first left past union Pike. Home is at the end of Timothy Drive.
Total Sq. Ft. :4,021
Garage:Attached
Basement:Yes

Loan Price
$3,673
Price And Interest $3,140/month
Property Tax $282/month
MTG INS $0/month
HOME INS $251/month
Price
$602,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$282/month
Home Owner Insurance
$3,012 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 14 x 19 Upper
2nd Bedroom 13 x 12 Upper
3rd Bedroom 12 x 14 Upper
Kitchen 18 x 18 Main
Family Room 17 x 16 Basement
Dining Room 14 x 14 Main
Living Room 16 x 12 Main
Den 18 x 12 Main

Semi-Annual Property Tax:$1,693
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47374

High School:Northeastern
Middle School:Northeastern
Elementary School:Northeastern

Total Sq. Ft.:4,021
Appliances:Dishwasher, Microwave, Refrigerator, Washer, Cooktop-Gas, Dryer-Gas, Humidifier, Kitchen Exhaust Hood, Laundry-Stacked W/D, Oven-Built-In, Oven-Convection, Oven-Double, Oven-Electric, Radon System, Range-Gas, Sump Pump+Battery Backup, Water Heater Electric, Water Softener-Owned, Window Treatment-Blinds
Exterior Features:Wood
Fuel:Forced Air
Fireplace(s):Living/Great Rm, Fireplace Screen/Door, Gas Log, Basement, Ventless
Cool:Central Air
Heat:Forced Air
Total Rooms:15
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 481 Timothy Drive Richmond, IN  47374


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Listing provided courtesy of Joshua Vida with Paradigm Realty Solutions

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.



Richmond Market Report

139
Avg. DOM
$88.94
Avg. $ / Sq.Ft.
$ 174,900
Med. List Price

The house prices in Richmond are indeed dropping at the moment. There has been a decrease in price of $32,304.67. 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 $124,900.00 and the average price per square feet is $85.43 per square feet. At the moment, the amount of homes listed is exactly 45 houses, with 11 with active status, 9 with pending status and 25 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 $2,467.80. 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 76 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 17327 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Richmond is $979,000.00. 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 $44,000.00 . 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 2008.

The average size of properties in Richmond is 2104.36 sq.ft. , the biggest one being 6551 sq.ft. and the smaller being 768 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.