Sold for $650,000

$650,000

481 Timothy Dr, Richmond, IN 47374

3beds

4,021sqft

Single Family Residence

Built in 1994

9.2 Acres Lot

$666,200 Zestimate^®

$162/sqft

$2,625 Estimated rent

Home value

$666,200

Estimated sales range

Not available

$2,625/mo

Zestimate^® history

Owner options

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$2,625/mo

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$2,625/mo

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$3,990/mo

Est. payment

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$3,990/mo

Est. payment

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What's special

Wow! This stunning home is the perfect retreat after a busy day. Whether you're dreaming of starting a mini farm or simply seeking the solitude of a country setting, this property has endless possibilities. The spacious 3 bed, 4 bath home boasts over 4000 square feet of living space, perfect for entertaining family & friends. Step outside onto the large wrap-around porch to enjoy morning coffee or cozy up by one of the two fireplaces on a chilly night. As you step inside, you will appreciate a large, bright open floor plan with a gorgeous kitchen. A beautifully finished basement is perfect for relaxing while watching football or movie. This home features numerous upgrades to enhance the beauty and functionality of the living space. All of the kitchen appliances are practically brand new and they are complemented by quality crafted Amish-built kitchen cabinets. The property covers 9 acres with large part fenced for animals. Two additional outbuildings and chicken coop.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 2
1/2 bathrooms: 2
Main level bathrooms: 1

Primary bedroom

Level: Second
Dimensions: 14 x 16

Bedroom

Level: Second
Dimensions: 12 x 14

Bedroom

Level: Second
Dimensions: 12 x 13

Dining room

Level: Main
Dimensions: 19 x 23

Family room

Level: Main
Dimensions: 12 x 19

Laundry

Level: Main
Dimensions: 8 x 10

Living room

Level: Main
Dimensions: 14 x 16

Office

Level: Second
Dimensions: 25 x 20

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer

Features

Ceiling Fan(s), Kitchen Island, Walk-In Closet(s)
Windows: Vinyl
Basement: Full
Has fireplace: Yes
Fireplace features: Gas

Interior area

Total structure area: 4,021
Total interior livable area: 4,021 sqft

Property

Parking

Total spaces: 4
Parking features: Four or more Spaces, Garage
Garage spaces: 4

Features

Levels: One and One Half
Patio & porch: Deck, Patio, Porch
Exterior features: Deck, Porch, Patio

Lot

Size: 9.2 Acres
Dimensions: 9.20

Details

Parcel number: 891606000411.001
Zoning: Residential
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Wood Siding

Condition

Year built: 1994

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Septic Available, Water Available

Community & HOA

HOA

Has HOA: No

Location

Region: Richmond

Financial & listing details

Price per square foot: $162/sqft
Tax assessed value: $369,400
Annual tax amount: $3,453
Date on market: 4/21/2025

Price history

Date	Event	Price
10/31/2025	Sold	$650,000$162/sqft
Source: DABR MLS #932416 Report a problem
9/7/2025	Pending sale	$650,000$162/sqft
Source: Cincy MLS #1837815 Report a problem
8/22/2025	Price change	$650,000-7%$162/sqft
Source: MLS of Southeastern Indiana #204869 Report a problem
5/22/2025	Price change	$699,000-3.6%$174/sqft
Source: MLS of Southeastern Indiana #204869 Report a problem
4/18/2025	Listed for sale	$724,900+20.4%$180/sqft
Source: RLMS #10050799 Report a problem
3/6/2024	Sold	$602,000-1.1%
Source: IRMLS #202320627 Report a problem
1/29/2024	Pending sale	$609,000
Source: IRMLS #202320627 Report a problem
11/24/2023	Price change	$609,000-3.2%
Source: IRMLS #202320627 Report a problem
9/28/2023	Listed for sale	$629,000
Source: IRMLS #202320627 Report a problem
8/25/2023	Pending sale	$629,000
Source: IRMLS #202320627 Report a problem
7/29/2023	Price change	$629,000-4.6%
Source: IRMLS #202320627 Report a problem
7/17/2023	Price change	$659,000-2.9%
Source: IRMLS #202320627 Report a problem
7/5/2023	Price change	$679,000-1.5%
Source: IRMLS #202320627 Report a problem
6/16/2023	Listed for sale	$689,000
Source: IRMLS #202320627 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,453 +3.1%	$369,400 +10.8%
2024	$3,348 +1.3%	$333,300 +9%
2023	$3,307 +9%	$305,900 +1.3%
2022	$3,034 +5.2%	$302,000 +9.5%
2021	$2,885 -3.1%	$275,900 +5.7%
2020	$2,977 -0.2%	$261,100 -3.9%
2019	$2,982 +0.9%	$271,800 -0.4%
2018	$2,955 +14.4%	$272,900 +1%
2017	$2,582 +4.6%	$270,300 +16.2%
2016	$2,469 +10.2%	$232,700 +4.8%
2014	$2,240 -2.2%	$222,100 +5.7%
2013	$2,291 -3.1%	$210,200 -2.1%
2012	$2,365 -4.6%	$214,600 -9.1%
2011	$2,480 -9.8%	$236,000 -5.3%
2010	$2,750 +4%	$249,200 -1.3%
2009	$2,644 +77.2%	$252,500 +30.2%
2007	$1,492	$194,000