Richmond Community Schools Homes under $200,000

Richmond Community Schools Homes under $200,000

Welcome to Richmond Community Schools, nestled in the heart of Richmond, Indiana, in Wayne County. Known for its commitment to academic excellence and community engagement, this school district serves a diverse population and is dedicated to fostering a nurturing environment where students can thrive. Richmond Community Schools offers a variety of educational programs tailored to meet the needs of all learners, from early childhood education to high school graduation. With a focus on innovation, the district emphasizes STEM education, arts, and extracurricular activities that enrich the student experience and prepare them for future success.

For families considering a move to this vibrant community, Richmond offers an array of charming homes, many of which are available for under $200,000. This affordability makes it an attractive option for first-time homebuyers, young families, and anyone looking to settle down in a welcoming neighborhood. You’ll find a variety of housing styles, from cozy bungalows to spacious family homes, all within a short distance from schools, parks, and local amenities.

Living in Richmond means being part of a close-knit community where neighbors look out for one another, and local events bring everyone together. With a rich history and a bright future, Richmond is not just a place to live; it's a place to call home. Explore the available properties today and discover the perfect home for your family in this thriving district!

Newest Richmond Community Schools Homes under $200,000

3739 State Road 121, Richmond
$100,000
3 Beds ⋅ 2 Baths
Located at 3739 State Rd 121, Richmond, IN, this 6 +/- acre property offers a country homesite, outbuildings, open ground, wooded acreage, and frontage along the East Fork Whitewater River in Wayne County, Indiana. THE HOME A circa-1900 two-story farmhouse with approximately 1,272 finished sq ft, 3 bedrooms, and 2 full baths per county records. Features include a partial unfinished basement, open porch, forced-air heat, and central air. The home sits outside the FEMA floodplain. OUTBUILDINGS & ACREAGE A barn with attached lean-to and overhead door offers space for equipment, storage, or hobby-farm use, plus a detached garage near the home. Open pasture surrounds the homesite, while the western portion transitions to wooded acreage running to the river, providing habitat for deer and other wildlife. Potential uses include a country residence, hobby farm, rental property, riverside retreat, hunting and recreation, workshop/storage, and long-term investment. RIVER FRONTAGE & LOCATION Frontage on the East Fork Whitewater River gives the property a scenic setting, while frontage on State Road 121 keeps it minutes from Richmond, with easy access to shopping, restaurants, and major travel routes. Future use, improvements, or development are subject to applicable county, state, and governmental approvals. Buyers should complete their own due diligence. AUCTION DATES Opens: September 28, 2026, 12:00 PM ET Ends: October 28, 2026, 1:00 PM ET, with a 2-min, 30-sec soft-close extension Sold AS IS, WHERE IS. 8% Buyer's Premium. $1,000 minimum bid increment. Subject to Seller reserve. Seller provides survey. Closing within 35 days of auction close. Don't miss this opportunity to bid on 6 +/- acres with river frontage and a farmhouse in Wayne County, Indiana.

3739 State Road 121, Richmond

Listing courtesy of Mossy Oak Properties.

532 N 18th Street, Richmond
$43,000
3 Beds ⋅ 1 Baths
Investment opportunity with 3 bedrooms - one is on the main level. One full bath. Laundry is conveniently located on the main level as well. Double lot makes for a nice size yard. Gas furnace and water heater are approximately 2 years old. Two sheds will stay. Property is in an Estate. No Sellers Disclosure.

532 N 18th Street, Richmond

Listing courtesy of @properties.

1027 S 8th Street, Richmond
$35,000
2 Beds ⋅ 2 Baths
Investor Special! This property is a complete renovation opportunity with endless potential for the right buyer. Located in an established Richmond neighborhood, this home is ready for a full rehab and offers a blank canvas for investors, contractors, or ambitious buyers looking to restore and reimagine a property from the ground up. Making this an ideal project for a fix-and-flip, rental investment, or custom renovation. Conveniently situated near local schools, parks, shopping, and downtown amenities. Bring your vision and creativity to unlock the full value of this property. Sold As-Is. Cash or renovation financing recommended. Great opportunity for investors seeking their next project with strong upside potential. Property Access: No entry or interior tours will be granted under any circumstances. Please submit all offers on Auction.com, listing link: https://www.auction.com/details/1027-s-8th-st-richmond-in-2173618

1027 S 8th Street, Richmond

Listing courtesy of Vylla Home.

115 SW 3rd Street, Richmond
$179,900
4 Beds ⋅ 2 Baths
The house known as Chandlee Gables was originally constructed in 1865 by John Chandlee and his wife Esther Pittman Chandlee, then purchased and renovated into a Queen Anne Victorian in 1885 by their son Webster Chandlee. The entire family, including Webster and his wife and children, Webster's parents, and his sister Florence, all lived together in the home. Florence, a member of the Richmond Group of Impressionist artists, was one of Earlham's first art professors. Webster renovated the house in grand Victorian fashion to host many social events for members of the local Quaker Friends church and the Elks club. The home features quarter-sawn white oak wood paneling and staircase with the original newel post light and stained glass windows, finely detailed fireplaces, pocket doors awaiting restoration, hardwood floors, tall ceilings and windows, and decorative wood trim throughout. The bathroom has a claw-foot tub, and two of the bedrooms feature marble sinks. The home is within walking distance to Earlham, restaurants, and grocery stores, as well as Richmond High School with its Art Museum and Civic Hall, and the Starr Gennett Building along the Whiteriver Gorge Park. Please direct all inquiries to Jeff Bond-Realtor/Broker FC Tucker.

115 SW 3rd Street, Richmond

Listing courtesy of F.C. Tucker Company.

2045 S L Street, Richmond
$119,500
3 Beds ⋅ 1 Baths
Updated 3 bedroom, 1 bathroom single-story home, move-in-ready in a convenient location of Richmond, Indiana. This comfortable property offers practical features and inviting outdoor space, making it a great choice for homeowners looking for easy single-level living. The home features vinyl siding, a metal roof, central air conditioning, and gas furnace for year-round comfort. Enjoy the convenience of city utilities and off-street parking with your own private driveway. Outside, you'll find a spacious backyard with mature trees and a concrete patio, providing a great setting for relaxing, entertaining, gardening, or enjoying the outdoors. With its convenient location, comfortable layout, and desirable updates, this Richmond home is ready for its next owner.

2045 S L Street, Richmond

Listing courtesy of Real Broker, LLC.

305 N 17th Street, Richmond
$34,900
3 Beds ⋅ 3 Baths
Incredible opportunity on this historic 2 story home in established neighborhood. Great access to parks, shopping, transportation and more near downtown Richmond. Private, wooded backyard oasis with fencing, off-street parking, and alley access. Home features raised ceiling, original woodwork, pocket doors, and ample Old-World charm. Great layout with Laundry Room on main level, 2 full Bathrooms, and 3 Bedrooms. Large Kitchen area with plenty of counter top and cabinet space. Fireplace on main level has built-in shelving around it. Great amount of storage space throughout. Bonus Room upstairs could serve as Home Office, Recreation Room. This is priced to sell and a must see!

305 N 17th Street, Richmond

Listing courtesy of Keller Williams Indy Metro Partners.

417 N 15th Street, Richmond
$89,000
3 Beds ⋅ 2 Baths
Welcome to this spacious Richmond home, bursting with potential and ready for its next chapter! Featuring generous room sizes, a highly functional floor plan, and excellent structural integrity, this property offers incredible versatility as a primary residence or a savvy investment addition. Conveniently situated just moments from local shopping, dining, parks, and everyday amenities, this home places you right at the center of convenience. Bring your design vision and personal touches to make this affordable Richmond gem truly shine!

417 N 15th Street, Richmond

Listing courtesy of FC Tucker Richmond.

322 S 13th Street, Richmond
$79,000
3 Beds ⋅ 1 Baths
Spacious and well-maintained, 322 S 13th St offers excellent value with key updates and a highly desirable location. This home features a newer roof, gas heat, and upper-level electric baseboard heat, providing efficient and flexible comfort options. Inside, you'll find generously sized rooms throughout, along with ample counter space, making everyday living and entertaining easy. The layout offers functionality and space rarely found at this price point. Outside, enjoy a large yard, a detached 2-car garage, and a covered front porch-perfect for relaxing or adding curb appeal. This home is next door to Vaile Elementary School and just minutes from The Promenade, the arcade, shopping, dining, and many other local attractions, offering convenience for both daily living and recreation. Ideal for any homebuyer or investor, this property presents strong long-term potential. Seller is highly motivated, making this an excellent opportunity you don't want to miss. 24 hr notice required.

322 S 13th Street, Richmond

Listing courtesy of FC Tucker Richmond.

431 Randolph Street, Richmond
$61,749
3 Beds ⋅ 2 Baths
Welcome to this spacious 3-bedroom, 1.5-bathroom home located in the heart of Richmond's desirable school district. This property is perfect for both investors and homeowners alike, offering large rooms that provide ample space for comfortable living. Situated in a great school district and close to shopping, groceries, and other amenities, this home makes daily errands a breeze. It is a fantastic rental investment opportunity, promising great returns. The home also features a separate laundry room for added convenience and a24x24 garage that provides ample storage and parking space. Whether you're looking to invest or find a new place to call home, 431 Randolph Street has everything you need. Don't miss out on this incredible opportunity.

431 Randolph Street, Richmond

Listing courtesy of FC Tucker Richmond.

111 S 11th Street, Richmond
$59,900
4 Beds ⋅ 4 Baths
Massive upside on this 6-unit multifamily located at 111 S 11th St, Richmond Indiana! All units are separately metered for electric-keeping expenses down and maximizing cash flow potential. This property is a full rehab and priced accordingly, making it the perfect project for investors, flippers, or anyone looking to build serious equity and long-term income. Opportunity to convert the rear area into additional parking-adding even more value and tenant appeal. Located in a convenient area close to shopping, dining, and everyday amenities. Bring your vision, bring your crew, and turn this into a high-performing asset.

111 S 11th Street, Richmond

Listing courtesy of FC Tucker Richmond.

508 S 13th Street, Richmond
$44,400
4 Beds ⋅ 1 Baths
This 3-bedroom, 1-bath home is an excellent opportunity for investors or homeowners looking for a renovation project. With solid bones, a classic layout, and a spacious backyard, the property is full of potential. The interior offers large rooms and high ceilings, creating an open feel that could be transformed with the right upgrades. Conveniently located near schools, shops, and parks, this home is well-positioned for resale or rental. Whether you're looking to build equity or generate income, this fixer-upper presents a chance to customize a space to your vision. Don't miss out on this opportunity. *Room measurements are estimated and not warrantied**

508 S 13th Street, Richmond

Listing courtesy of FC Tucker Richmond.

1525 N C Street, Richmond
$69,000
Rare opportunity to acquire an 11-unit multifamily property at 1525 N C St in Richmond. This is a full rehab project with significant upside for the right investor. Ideal for experienced investors, flippers, or those looking to build long-term cash flow and equity. With the right vision and renovation plan, this property has the potential to be transformed into a high-performing asset. Located in a convenient area with access to local amenities, making it attractive for future tenants once completed. Bring your contractor, your plan, and capitalize on this large-scale value-add opportunity.

1525 N C Street, Richmond

Listing courtesy of FC Tucker Richmond.

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