506 Toschlog Rd Richmond, IN 47374

3 beds · 1 bath · 1,200 sq ft · Lot Size: 16,291 sq ft · Single Family Home
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506 Toschlog Rd is in the 47374 neighborhood of Richmond, IN. It is located in Wayne County and ZIP code 47374. This Single Family Home was built in 1954 and is approximately 71 years old. The single family home spans 1200 sq ft with 3 bedrooms and 1 bathroom and sits on a 16291 sq ft lot. Analyze and compare real estate investment strategies for properties like this home at 506 Toschlog Rd Richmond, IN 47374 with Property Intel by Whitepages.

Investment Potential for 506 Toschlog Rd

The property has a current estimated value of $143,067, which is 8% above the zip median. Projected long-term rental income is $18,000 annually ($1,500 per month) with a 83% occupancy rate.

Long-Term

Gross Rental
$18,000 per year($1,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
83%in 47374 zip code
 
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Owners & Occupancy for 506 Toschlog Rd

This property is owned by Nicholas R Newton. Owner contact information includes 4 phone numbers.

Property Owners

Cell Phone(765) ***-****
Residence************
Landline(765) 939-4182+ 1 more
Distance from Property**********
Cell Phone(765) ***-****
Residence************
Landline(765) 939-4182+ 4 more
Distance from Property**********
Email Address*******@yahoo.com

Property Ownership Information

Property Tax Amount$1,507 in 2023

Occupancy

Resident 1**************
Resident 2********************* age 42
Resident 3****************

Property Details for 506 Toschlog Rd

Property Details

Property Sq Ft

Living Area

1,200 sq ft

Compare to 47374

Lot Size

16,291 sq ft

Compare to 47374

Price Per Sq Ft

Living Area

$119 / sq ft

Compare to 47374

Lot Size Area

$9 / sq ft

Compare to 47374
Property condition, age, exterior, etc. for 506 Toschl…
Longitude: -84.934454 Latitude: 39.821439 Parcel Number (APN): 89-17-01-410-207.000-030…
Mortgage originated on through lender: UNKNOWN for$*****View Mortgage Details
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Market Benchmarks

Compare data for 506 Toschlog Rd in Wayne County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$143,067
$209,089
-$66,022 (-32%)
$310,205
-$129,952 (-42%)
YoY Price Change
3.01%
-385%
Year Built
1954
1972
-18 years
Living Space
1,200 sq ft
1,582 sq ft
-382 (-24%)
$ Per Living Sq Ft
$119
$136
-$17 (-13%)
Lot Size
16,291 sq ft
12,807 sq ft
3484 (27%)
$ Per Lot Sq Ft
$9
$19
-$10 (-54%)

Net Operating Income
$14,155
-$1,119 (-8%)
Annual Revenue
$18,000
$19,800
-$1,800 (-9%)
$5,253
-$289 (-6%)
Net Operating Income
$14,155
-$1,119 (-8%)
Cap Rate
6.3%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians