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Commercial Office (General)Commercial
Last sold for $137,500 on Mar 1, 2016

423 COMMERCE RD

RICHMOND, IN 47374
0
Baths
9,040 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.56 ac
Lot SizeThe size of the land the home sits on, from county records.
1989
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$137,500 · Mar 1, 2016

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,545 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$151,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$78,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$73,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$152,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$151,500

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.15 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Commercial Office (General)
CountyWAYNE
Lot (acres)The size of the land the home sits on, from county records.1.56
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Crestdale Elementary SchoolC+
Elementary · Grades PK–4 · 4.0 mi
H
Richmond High SchoolC
High · Grades 9–12 · 4.3 mi
M
Dennis Middle SchoolD-
Middle · Grades 7–8 · 4.7 mi

District: Richmond Community School Corporation

Neighborhood · ZIP 47374These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.120
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.224
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.42

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.17%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.44,848
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.370 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$53,374
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$67,037
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.40 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.Yes

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

423 Commerce Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in Richmond 47374
  • Has a bigger lot than 88% of homes in Richmond 47374
  • Newer than 88% of homes in Richmond 47374

How it measures up in Richmond 47374

The dot is this home. The mark in the middle is the typical home in Richmond 47374.

Living area9,040 ft²
SmallerTypical 1,460 ft²Bigger

Bigger than almost all homes nearby

Lot size1.56 ac
SmallerTypical 0.23 acBigger

Bigger than 88% of homes nearby

Year built1989
OlderTypical 1952Newer

Newer than 88% of homes nearby

How 423 Commerce Rd ranks against every home in each area.
MeasureThis homeRichmond 47374Wayne County
Living areabigger than9,040 ft²almost all homesalmost all homes
Lot sizebigger than1.56 ac88% of homes79% of homes
Year builtnewer than198988% of homes85% of homes

About 423 Commerce Rd

When did 423 Commerce Rd, Richmond, IN last sell?

423 Commerce Rd, Richmond, IN last sold on Mar 1, 2016 for $137,500, according to the county's recorded deed.

How big is 423 Commerce Rd, Richmond, IN?

423 Commerce Rd, Richmond, IN has 9,040 square feet of living space and a 1.56-acre lot.

When was 423 Commerce Rd, Richmond, IN built?

423 Commerce Rd, Richmond, IN was built in 1989, making it 37 years old. The building has 1 story.

What schools serve 423 Commerce Rd, Richmond, IN?

423 Commerce Rd, Richmond, IN is assigned to Crestdale Elementary School (elementary), rated C+; Richmond High School (high), rated C; Dennis Middle School (middle), rated D-. All sit in Richmond Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 423 Commerce Rd, Richmond, IN compare to other homes in Richmond 47374?

Among the 16,844 homes in Richmond 47374, it is bigger than almost all of them (9,040 ft² against a typical 1,460 ft²), its lot is bigger than 88% of them (1.56 ac against a typical 0.23 ac) and it is newer than 88% of them (1989 against a typical 1952). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 423 Commerce Rd, Richmond, IN?

The 2025 property tax bill for 423 Commerce Rd, Richmond, IN was $4,545. The county assessed it at $151,500.

Closest homes

More homes in Richmond 47374

Assigned schools

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