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Mobile HomeResidential
Last sold for $27,000 on Oct 7, 2025

56 1/2 WATERFALL RD

RICHMOND, IN 47374
3
Beds
1
Baths
708 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.
2.28 ac
Lot SizeThe size of the land the home sits on, from county records.
1957
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$27,000 · Oct 7, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$505 (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.$39,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$27,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$11,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$35,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$39,100

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.112 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
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.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Mobile Home
StyleThe architectural style of the home, such as ranch or colonial.Mobile Home
CountyWAYNE
Lot (acres)The size of the land the home sits on, from county records.2.27
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 200 ft²

Transaction History(1)

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 · 0.6 mi
M
Dennis Middle SchoolD-
Middle · Grades 7–8 · 1.4 mi
H
Richmond High SchoolC
High · Grades 9–12 · 1.8 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%

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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

56 1/2 Waterfall 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.

  • Smaller than 98% of homes in Richmond 47374
  • Has a bigger lot than 91% 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 area708 ft²
SmallerTypical 1,460 ft²Bigger

Bigger than 2% of homes nearby

Lot size2.28 ac
SmallerTypical 0.23 acBigger

Bigger than 91% of homes nearby

Year built1957
OlderTypical 1952Newer

Newer than 58% of homes nearby

How 56 1/2 Waterfall Rd ranks against every home in each area.
MeasureThis homeRichmond 47374Wayne County
Living areabigger than708 ft²2% of homes2% of homes
Lot sizebigger than2.28 ac91% of homes83% of homes
Year builtnewer than195758% of homes56% of homes

About 56 1/2 Waterfall Rd

When did 56 1/2 Waterfall Rd, Richmond, IN last sell?

56 1/2 Waterfall Rd, Richmond, IN last sold on Oct 7, 2025 for $27,000, according to the county's recorded deed.

How big is 56 1/2 Waterfall Rd, Richmond, IN?

56 1/2 Waterfall Rd, Richmond, IN has 3 bedrooms, 1 bathrooms, 708 square feet of living space and a 2.27-acre lot.

When was 56 1/2 Waterfall Rd, Richmond, IN built?

56 1/2 Waterfall Rd, Richmond, IN was built in 1957, making it 69 years old. It is a mobile home home. The building has 1 story.

What schools serve 56 1/2 Waterfall Rd, Richmond, IN?

56 1/2 Waterfall Rd, Richmond, IN is assigned to Crestdale Elementary School (elementary), rated C+; Dennis Middle School (middle), rated D-; Richmond High School (high), rated C. All sit in Richmond Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 56 1/2 Waterfall Rd, Richmond, IN compare to other homes in Richmond 47374?

Among the 16,844 homes in Richmond 47374, it is bigger than 2% of them (708 ft² against a typical 1,460 ft²), its lot is bigger than 91% of them (2.28 ac against a typical 0.23 ac) and it is newer than 58% of them (1957 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 56 1/2 Waterfall Rd, Richmond, IN?

The 2025 property tax bill for 56 1/2 Waterfall Rd, Richmond, IN was $505. The county assessed it at $39,100.

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