THE ULTIMATE LIST OF CHEAP OLD HOUSES UNDER $50K…and BEYOND ––>
Under $75K Thursday ~ Save This Old House in Richmond IN $75K ~ SOLD
February 13, 2020
231-233 North 10th Street, Richmond, Indiana $75,000 ~ SOLD
Save this old house. It’s an Italianate duplex that has been partially restored.
I found that Warren Clayton McClure (b.1880) and his wife Pearl lived in the home as far back as 1918. The blue eye, blonde hair Warren was a traveling salesman for the Miller Bros. Hardware Company. According to the 1920 US Census, they rented the home, but by 1930 they owned it, and it was worth $6,000, roughly $92,500 in today’s dollars.
Save this old house. This spacious Italianate duplex built around 1880 anchors the corner of North C and North 10th streets in the National Register-listed Starr Historic District. Located along the busy 10th Street corridor between Richmond’s historic downtown and Depot District, the duplex is one of the latest historic houses to be refurbished in an area undergoing revitalization. With one completely renovated unit and another poised for transformation, the property offers income potential as two rental units or the opportunity for an owner to live in the finished unit while rehabbing the other.
Indiana Landmarks recently rehabbed the property’s exterior from the roof to the masonry joints and completely updated the south unit, including installing all new utilities and HVAC systems. The south unit has 3 upstairs bedrooms and 1.5 bathrooms. The north unit, which currently has one downstairs bedroom and two upstairs bedrooms, is ready for rehabilitation.
The Starr District was home to many prominent and well to do Richmond citizens at the turn of the twentieth century. It remains a great representative example of an early Victorian-era neighborhood and includes prime examples of the Italianate, Queen Anne, Greek Revival, and Second Empire styles. Along the 10th Street corridor where the duplex is located, several properties have undergone or are undergoing rehabilitation in recent years, including the nearby prominent A.F. Scott House. The duplex sits near the path of freshly installed bike lanes, added as part of Richmond’s Stellar Community investments.
Just blocks away, the depot district contains locally owned shops and restaurants in a historic setting surrounding the Daniel Burnham-designed Pennsylvania Railroad Depot, today home to Better Homes and Gardens Realty and the Wayne Community Economic Development Corporation.
Several local partnerships made the duplex’s recent renovation possible. Wayne Bank and Trust Co. waived the bank note on the duplex to allow Indiana Landmarks to take ownership and start rehabilitation work. The Richmond Redevelopment Commission and Indiana Landmarks funded $250,000 in updates.
Don’t miss your chance to own this great piece of history and be a part of the revitalization efforts on Richmond’s 10th Street corridor!