The median home value in New Richmond, IN is $319,000.
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 $319,000.
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!
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.