This historic building, prominently featured in the movie "Hoosiers," is a true gem in New Richmond. At 123 years old, it has been meticulously maintained and boasts a beautifully renovated first floor. With soaring 14 to 15-foot ceilings adorned with crown molding and ceiling tiles, the building exudes character and charm. Currently serving as an office and home, its potential uses are boundless, including conversion into a brewery, apartment complex, Airbnb, or even a hotel. Each of its spacious 4,400 square foot floors is a canvas awaiting your creative vision, with the second and third floors offering limitless possibilities for renovation. The building comes equipped with a four-year-old metal roof, three air conditioners, and a generator, ensuring modern comfort. The basement, in pristine condition, offers an additional 4,400 square feet and could be transformed into a unique wine cellar or speakeasy. Full stairway access to all floors and ample parking at the rear and on the street make this property a versatile canvas for your imagination. While some windows on the upper floors need replacement, this historic building is a remarkable opportunity waiting to be seized.
The median home value in New Richmond, IN is $192,000. This is higher than the county median home value of $183,100. The national median home value is $338,100. The average price of homes sold in New Richmond, IN is $192,000. Approximately 86.59% of New Richmond homes are owned, compared to 5.49% rented, while 7.93% are vacant. New Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Richmond real estate agent to arrange a tour today!
New Richmond, Indiana 47967 has a population of 407. New Richmond 47967 is more family-centric than the surrounding county with 34.84% of the households containing married families with children. The county average for households married with children is 30.9%.
The median household income in New Richmond, Indiana 47967 is $70,536. The median household income for the surrounding county is $58,311 compared to the national median of $69,021. The median age of people living in New Richmond 47967 is 37.9 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 16.9 degrees. The average rainfall is approximately 40.2 inches per year, with 20.7 inches of snow per year.