Late last year there was an electrical fire near the kitchen. Work to be put in but with some TLC this could make a profitable rental. Convenient location near downtown. Call/Text Amber Irwin to schedule your showing.
Single-familyProperty Type
1920Year Built
3,049 sq ftLot Size
$13Price/Sq.Ft.
Listed by Amber Irwin• Better Homes and Gardens First Realty Group
Est. $1,087 per month, based on comparable rentals
Sale and tax history for 205 N 5th St
Sale History
Tax History
Date
Event
Price
RRELMS #10053504
Jul 8, 2026
Sold
$12,000
$13/sq ft
Jun 12, 2026
Pending
—
Jun 3, 2026
Price Changed
$25,000
$26/sq ft
May 15, 2026
Listed
$30,000
$31/sq ft
Greater Lansing AoR #10050012
Feb 19, 2025
Sold
$69,900
$73/sq ft
Feb 19, 2025
Sold
$69,900
$73/sq ft
Jan 21, 2025
Pending
—
Dec 3, 2024
Listed
$69,900
$73/sq ft
Dec 3, 2024
Listed
$69,900
$73/sq ft
Here is a deal you won't want to miss. This spacious home is a 3-bedroom, 1-bath home which was at one point used as 4 bedrooms! Located in the heart of Richmond, IN, this charming property is just steps away from Morrison-Reeves Library, the vibrant Depot District, and Elstro Plaza. Listed at a competitive $69,900, it's an incredible opportunity for its size and central location. Inside, you'll find newer flooring and carpet throughout, as well as spacious rooms that offer endless possibilities. Property includes a privacy fence and 200amp service. Whether you're a savvy investor looking for your next project or a buyer eager to make this home your own, this property is brimming with potential. Don't miss the chance to own a home in such a desirable and convenient spot. Schedule your showing today!
RRELMS #10042006
Dec 3, 2021
Sold
$47,750
$50/sq ft
Aug 27, 2021
Listed
$49,900
$52/sq ft
This updated, move-in ready and super spacious 3 bedrooms, 1 bath home is in a great location and comes with new laminate floors through most of the main level, newer flooring throughout the rest of the home, a large kitchen with updated counter tops, a privacy fence, and a 200 amp service. Another great thing to mention is that this home has been used as a 4 bedroom home in the past so you could do the same if you chose to set it up that way. You will be located mere minutes from the Depot District, and also be immediately near the post office, Morrisson-Reeves Library, and Jack Elstro Plaza. Imagine how cool it would be to be so close to all the fun festivals and farmers markets that happen each year in Richmond, and be so close to the wonderful local businesses in that location that are so important to Richmond!! On top of the home being updated and move-in ready, you will love the covered front porch where you'll be able to sit and watch the world go by, enjoy coffee in the mornings, and even enjoy breakfast, lunch or dinner outside if you want! It is hard to find a home like this at this price in the tough real estate market we are in today so be sure to act quickly. For all you investors out there, this would make a great rental property to add to your portfolio!! Call Brian Lackey at 765-200-0547 for your personal tour of this home. Text 816317 to 35620 for more information and photos.
Dayton MLS #834742
Jul 5, 2021
Sold
$40,000
$42/sq ft
Jul 5, 2021
Sold
$40,000
$42/sq ft
Apr 7, 2021
Listed
$43,000
$45/sq ft
RRELMS #10037020
Jun 25, 2021
Sold
$40,000
$42/sq ft
Aug 26, 2019
Listed
$43,000
$45/sq ft
Dayton MLS #824941
Feb 26, 2021
Listing Removed
—
Sep 1, 2020
Listed
$44,900
$47/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$460 (+14.7%)
$1,400 + $44,600
$46,000
2023
$401 (−1.0%)
$1,200 + $38,900
$40,100
2022
$405 (+10.4%)
$1,200 + $39,300
$40,500
2021
$367 (−50.0%)
$1,200 + $35,500
$36,700
2020
$734
$1,200 + $35,500
$36,700
2019
$734
$1,200 + $35,500
$36,700
2018
$734 (+1.4%)
$1,200 + $35,500
$36,700
2017
$724 (+325.9%)
$1,200 + $28,800
$30,000
2016
$170 (+12.6%)
$1,200 + $28,800
$30,000
2015
$151 (+8.6%)
$1,200 + $27,800
$29,000
2013
$139
$1,200 + $26,900
$28,100
Public record
Public record
Zoning
Beds
3
Baths
1.5
Stories
1
Lot width
47 ft.
Lot depth
60 ft.
Lot size
2,831 Sq. Ft.
Year renovated
1920
Sq. Ft.
960
Year built
1920
Style
Single Family Residential
County
Wayne County
APN
891632430105000030
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 18, 2026.
UR
Urban Residential District
The UR Urban Residential District is intended to be used as follows: Use Type and Intensity: Medium to high density single-family detached homes, single-family attached homes, and multiple-family homes on small sized lots; Application of UR District: Existing residential development; Limiteduse for new development; Development Standards: Flexible development standards to accommodate existing developments
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Property details
Interior
Bathroom Information
# of Full Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Natural Gas
Interior Features
Appliances: Electric Range, Refrigerator, Washer, Dryer, Gas Water Heater
Room Information
# of Rooms Total: 5
Has Basement
Basement Details: Partial, Crawl Space
Exterior
Exterior Features
Fencing: Wood
Roof: Shingle
Building Information
# of Stories Total: 2
Construction Materials: Vinyl Siding
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family
Lot Information
Lot Size : 47x60
Lot Size Acres: 0.07
Zoning Description: Res
Financial
Tax Information
Tax Annual Amount: $525.52
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Schools Information
Middle Or Junior School: Dennis/Test
High School: Richmond
Location Information
Directions: N A street to right on N 5th street to property on right.
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 960
Stories: 1.0
Lot Size: 2,831 square feet
Style: Single Family Residential
Year Built: 1920
Year Renovated: 1920
County: Wayne County
APN: 891632430105000030
Home facts updated by county records on Aug 18, 2026
Around this home
Schools
Starr Elementary School
Public PreK-4 • Assigned • 1.0mi
4/10
Dennis Intermediate School
Public 7-8 • Assigned • 0.9mi
4/10
Richmond High School
Public 9-12 • Assigned • 0.8mi
7/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Richmond, IN • 47374
Average low and high temperatures (°F)
29
14
39
23
58
37
67
46
69
51
82
64
84
68
79
61
79
57
68
46
51
37
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$30,000 – $36,000
Sell confidently with a local market expert in Richmond.