3 bedroom, 2 1/2 bath home on 2.64 acres. Large deck overlooking the woods. Located close to Spring Wood Park and Thistlewaite Falls. This home is part of an estate.
Single-familyProperty Type
1920Year Built
2.64 acresLot Size
$167Est. Price/Sq.Ft.
Listed by Private Sale NonMember MEIAR• NonMember MEIAR
Bought with Bryan Paugh• Legacy Real Estate Partners Inc
Have the best of both worlds with a country setting yet conveniently right in town. This 1152 sq ft bungalow is waiting on its new owner to bring it back to life again. This home offers several amenities which includes; 3 beds, 2.5 bath, full walk out basement and is situated on 2.64 acres of natural beauty. You will enjoy being just a walk to Spring Wood Park where you will find the historic Thistletwaite Falls, fishing, walking trails and picnic areas. Please call Tiffany Hester for your private showing at 765-969-2318. Text 825627 to 35620 for more information and photos.
IRMLS #202136694
Sep 1, 2021
Sold
$95,000
$82/sq ft
Jul 15, 2021
Listed
$139,000
$121/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$1,514 (+40.7%)
$25,200 + $118,700
$143,900
2023
$1,076 (−5.4%)
$22,100 + $69,600
$91,700
2022
$1,138 (+177.6%)
$22,100 + $70,800
$92,900
2021
$410 (−1.4%)
$22,100 + $64,600
$86,700
2020
$416
$22,100 + $68,300
$90,400
2019
$416 (−1.4%)
$22,100 + $68,300
$90,400
2018
$422 (−4.5%)
$22,100 + $68,300
$90,400
2017
$441 (+69.1%)
$22,100 + $55,400
$77,500
2016
$261 (+2.0%)
$22,100 + $55,400
$77,500
2015
$256 (−4.1%)
$22,100 + $53,600
$75,700
2013
$267
$22,100 + $51,400
$73,500
Tax history for 40 Waterfall Rd
Year
Property tax
Land + Additions
Assessment*
2024
$1,514 (+40.7%)
$25,200 + $118,700
$143,900
2023
$1,076 (−5.4%)
$22,100 + $69,600
$91,700
2022
$1,138 (+177.6%)
$22,100 + $70,800
$92,900
2021
$410 (−1.4%)
$22,100 + $64,600
$86,700
2020
$416
$22,100 + $68,300
$90,400
2019
$416 (−1.4%)
$22,100 + $68,300
$90,400
2018
$422 (−4.5%)
$22,100 + $68,300
$90,400
2017
$441 (+69.1%)
$22,100 + $55,400
$77,500
2016
$261 (+2.0%)
$22,100 + $55,400
$77,500
2015
$256 (−4.1%)
$22,100 + $53,600
$75,700
2013
$267
$22,100 + $51,400
$73,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
2.64 Acres
Year renovated
1990
Sq. Ft.
1,152
Year built
1920
Style
Single Family Residential
County
Wayne County
APN
891629410115000031
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: Gravel, Off Street
Interior
Bathroom Information
# of Full Bathrooms: 2
# of Main Level Bathrooms: 1
Heating & Cooling
Cooling: None
Has Heating
Heating: Oil, Forced Air
Interior Features
Interior Features: Eat-in Kitchen, Kitchen Island
Appliances: Refrigerator, Washer, Electric Range, Dryer
Flooring: Carpet, Vinyl
Room Information
# of Rooms Total: 8
Laundry Features: Washer Hookup, Electric Dryer Hookup, Main Level
Has Basement
Basement Details: Full, Unfinished
Exterior
Exterior Features
Patio And Porch Features: Deck
Fencing: None
Roof: Shingle
Building Information
Above Grade Finished Area: 1,152
# of Stories Total: 1
Construction Materials: Aluminum Siding
Foundation Details: Block
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Site-Built Home
Lot Information
Lot Features: Rolling Slope, Wooded
Lot Size Dimensions:
Lot Size Acres: 2.64
Financial
Tax Information
Tax Annual Amount: $415.84
Utilities
Utility Information
Water Source: Public
Sewer: Septic Tank
Location
HOA Information
Association Amenities: None
Schools Information
School District: Richmond Community Schools
Elementary School: Crestdale
Middle Or Junior School: Dennis David Worth
High School: Richmond
Location Information
Directions: I 70 / SR 27 . SR 27 south to Waterfall Road. West on Waterfall Road to property.
Subdivision Name: None
Community Information
Community Features: None
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 1,152
Stories: 1.0
Lot Size: 2.64 acres
Style: Single Family Residential
Year Built: 1920
Year Renovated: 1990
County: Wayne County
APN: 891629410115000031
Home facts updated by county records on Jul 17, 2026
Other
Listing Information
List AOR: Mid-Eastern IN Assoc. of REALTOR
Around this home
Schools
Crestdale Elementary School
Public PreK-4 • Assigned • 0.5mi
6/10
Dennis Intermediate School
Public 7-8 • Assigned • 1.5mi
4/10
Richmond High School
Public 9-12 • Assigned • 1.8mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
81
63
79
57
68
46
51
37
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 3.2 hours in December, placing it below the
U.S. average for solar exposure.
9.9 hrs
3.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$184,000 – $222,000
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