SELLER FINANCING AVAILABLE. Opportunity awaits with this 3-bedroom, 1.5-bath home offering approximately 1,440 square feet of living space. Featuring a detached 1-car garage, covered front porch, and covered back porch, this property has solid potential for investors, rental property owners, or buyers looking for a project. The home needs updating and repairs but offers a functional layout with ample living space and room to add value. Whether you're looking to renovate, add to your rental portfolio, or create your own vision, this property presents an affordable opportunity to build equity. Property is being sold as-is.
Baxter, located between Downtown Richmond and the East Main Street corridor, is a residential and light-industrial Richmond neighborhood with a grid of older streets and a rail-adjacent edge. The neighborhood’s character concentrates around the East Main Street and North 10th Street area, where small storefronts, service counters, and workshop-style buildings set a practical, lived-in tone. Architectural cues lean toward modest early-20th-century houses mixed with utilitarian brick structures and wide lots. Civic life orbits nearby anchors like the Wayne County Historical Museum and the Richmond Art Museum. Glen Miller Park adds tree-lined paths and open lawns for a slower pace. The Whitewater Gorge Park trails and river scenery sit close enough to shape weekend routines.
Provided by Walk Score and Local Logic
Offer insights
115 SW 5th St · $59,900
$59.9K and above
75% chance or better to win
Why $59.9K+ is a strong offer
DAYS ON MARKET
33 days
The average home goes pending in 42 days.
SALE-TO-LIST
95.4%
Most homes are selling 5% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Bathrooms
1 full bathroom
1 half bathroom
Kitchen
Dishwasher
Heating & cooling
Forced-air heating
Home design
Two stories
Parking
Detached garage
1 garage space
Construction
Shingle roof
Aluminum siding
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
This 3 bedroom home is located not far from the shops. The house has a nice living room, kitchen with fridge & stove, bedrooms, a rear deck and a detached garage off a back alley. This property is now under auction terms. Pre-sale offers should be submitted through www. hudsonandmarshall.com. This property is subject to a buyer's premium of 5% or $1,500.00, whichever is greater, pursuant to the Auction Terms & Conditions. Please contact the listing agent for commission and details, as commissions may change between the pre-sale and auction periods. This is a reserve auction and all offers are subject to seller approval. Please contact listing agent for details. Note: Commission paid at escrow on this property is 1% of the high bid, with a $400 minimum to the cooperating broker. There is not a set minimum or starting bid on this property. "
Year
Property tax
Land + Additions
Assessment*
2024
$461 (+13.5%)
$10,500 + $35,600
$46,100
2023
$406 (+29.0%)
$9,200 + $31,400
$40,600
2022
$315 (+9.2%)
$9,200 + $31,800
$41,000
2021
$288 (+8.8%)
$9,200 + $28,500
$37,700
2020
$265 (+10.5%)
$9,200 + $27,800
$37,000
2019
$240 (+3.2%)
$9,200 + $26,400
$35,600
2018
$233 (−4.4%)
$9,200 + $26,400
$35,600
2017
$243 (−67.1%)
$9,200 + $27,700
$36,900
2016
$739 (−10.7%)
$9,200 + $27,700
$36,900
2015
$828 (−36.3%)
$9,200 + $32,200
$41,400
2013
$1,300
$9,200 + $31,000
$40,200
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
2
Lot width
38 ft.
Lot depth
156 ft.
Lot size
5,929 Sq. Ft.
Year renovated
1900
Finished Sq. Ft.
1,440
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,440
Year built
1900
Style
Single Family Residential
County
Wayne County
APN
891805110324000030
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 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
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
85
67
79
61
79
56
68
46
51
37
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Richmond. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 115 SW 5th St
$55,277
$4,623 under list price of $60K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $12K to $128K.