3988 Highway 227

Richmond, IN 47374

$339,900
Price
—
Beds
6,132 Sq. Ft.
$55 / Sq. Ft.
6,132
Sq. Ft.
$55
per Sq. Ft.

Description

Unbelievable and ready for a new buyer this prime development opportunity is situated on a versatile +/- 16 acre lot on the out skirts of Richmond, near the airport. This well-known location is ready for a new use and includes the following features, a large commercial building (formerly the Tarum Shrine Club), an inground fenced pool, a 46' x 40' x 12' pole barn, an extensive paved parking area, access to a pond, a full bar, a commercial kitchen, all equipment, and a stand alone house trailer that...Unbelievable and ready for a new buyer this prime development opportunity is situated on a versatile +/- 16 acre lot on the out skirts of Richmond, near the airport. This well-known location is ready for a new use and includes the following features, a large commercial building (formerly the Tarum Shrine Club), an inground fenced pool, a 46' x 40' x 12' pole barn, an extensive paved parking area, access to a pond, a full bar, a commercial kitchen, all equipment, and a stand alone house trailer that was used for groundskeeper. The private paved lane is a real showstopper. Some potential uses include, a possible equestrian facility, a learning center, a private club, a residential development, and much more. Some key benefits are the current tax-exempt status, a prime near airport location, and the great condition of the current club building. Don't miss this incredible opportunity to own a unique and valuable piece of property.
  1. Listed by James Henley • Coldwell Banker Lingle • JAMES.HENLEY@COLDWELLBANKER.COM

Property Details for 3988 Highway 227

Township
Boston
Zoning
res
LISTING UPDATED: 10/08/2024 06:45 PM

Property Details for 3988 Highway 227

StatusActive
MLS #22005144
Days on Market75
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1992
Lot Size16.46 AC / 716,997 SF
CountyWayne County

Building Information for 3988 Highway 227

Stories-Residences-Year Built1992Lot Size16.46 AC / 716,997 SF

Property Information for 3988 Highway 227

Summary
Location and General Information
  • City: Richmond
  • County Or Parish: Wayne
  • Directions: GPS Friendly
  • Postal Code: 47374
  • Postal Code Plus4: 9640
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 891822000425000002
  • Semi Annual Property Tax Amt: 0
  • Tax Year: 2023
  • TaxLot: 16.457
School Information
  • School District: Richmond Community Schools
Property
Lot Information
  • Acreage: 10-20 Acres
  • Current Use: Restaurant, Vacant
  • Lot Size Square Feet: 716867.0
  • Lot Size Acres: 16.46
  • New Construction: False
  • Space Available: 6132
  • Sq Ft Total: 6132.0
  • Year Built Numeric: 1992
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: Pt Se Sec 22-13-1 16.097A 50 Ft Off E End Being 0.36A
  • Photos Count: 31
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Utilities: Septic System, Well
Interior and Exterior Features
Interior Features
  • Basement YN: No
  • Cooling: Central Electric
  • Levels: One

Property History for 3988 Highway 227

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3988 Highway 227

Taxable ValueLand$134,600Additions$152,000Total$286,600
Home Facts
Beds2Baths1Total Finished SqFt672 SqFtAbove Grade Finished SqFt672 SqFtStories1Lot Size716,867 SqFtStyleSingle Family ResidenceYear Built1992ZoningZO01CountyWAYNEAPN89-18-22-000-425.000-002

Schools near 3988 Highway 227

This home is within Richmond Community Schools.
Rating
School
Type
Grades
Distance
Charles Elementary School
Public - PK to 4
Richmond High School
Public - 9 to 12
Julia E Test School
Public - 5 to 6
Rating
School
Distance
Charles Elementary School
PublicPK to 4

Richmond High School
Public9 to 12

Julia E Test School
Public5 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3988 Highway 227, Richmond, IN 47374

3988 Highway 227 is a mixed use property for sale in Richmond, IN 47374. This property was listed for sale on October 7, 2024 by Coldwell Banker Lingle, it's currently listed at $339,900. This listing's school district is Richmond Community Schools. Nearby schools include Charles Elementary School, Richmond High School and Julia E Test School. 3988 Highway 227 is a 0-bed, 0-bath, 6,132 sqft mixed use property built in 1992.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Lingle

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.