Back 42 South 16th Street
Off Market

42 South 16th Street

Richmond IN 47374

2
1
1516 sq. ft.
2526 sq. ft.
Single-Family
Last sold for $11,000
Robert PingRobert Ping, last sold this property on 26 December 2025 after -34 days on market.

Overview

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.

Features

2 bedrooms
1 bathroom
1516 sq. ft. floor area
2526 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Richmond over the last 12 months, the estimated median property value of 42 South 16th Street is $93.45k.

Median value
$93.45k
Estimated value range
$11k - $270k
Median days on market
9
Estimated value trend
51%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Richmond. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 42 South 16th Street

2025
Sold
$11,000
26 Dec 2025 by Robert Ping, of Ping Realty, LLC

Happy sellers in Richmond

~%

We have insufficient information to provide an overview of customer satisfaction for Richmond. Viewing the agent profiles, reviews and sales for Richmond can provide insights for this location.

Local market activity for 2 bedroom single-family properties in Richmond

In the last 12 months, 9 two-bedroom single-family properties similar to 42 South 16th Street, have been sold.

This represents a 17% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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