NOT LISTED FOR SALE

1129 Broad St New Castle, IN 47362

Estimated Value: $284,000

0.19 Acre
$1,535,135 Price per Acre
8,059 Sq Ft Lot

Last Sold June 28, 2021

Last sale price $11,000

Est. 2,482% increase in value since last sale

Current estimated payment $1,535/month

371 Days on Market

About This Lot

As of June 2021

Great business opportunity, commercially zoned double lot, downtown location, less than a block from the courthouse. Direct access to Broad St and Race St. Are you looking for a high traffic count, high visibility location? This established location in downtown New Castle. This historic downtown New Castle has unlimited potential! New Castle's downtown is revitalized with many entrepreneurs choosing to locate their business downtown. Restaurants, retail, housing, and community space are located in every direction as well as a newly renovated plaza with event space and ample parking located near by. The city has placed a strong emphasis in downtown development and in developing community events focus on downtown: farmer's market, music events, arts park events, car shows, and special seasonal events.

Last Agent to Sell the Property

Susan Falck-Neal

RE/MAX First Integrity Listed on: 05/20/2020

RE/MAX First Integrity

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Property Details

Property Type

  • Land

Lot Details

  • 8,059 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Finished Lot(s)
  • Property is zoned C2 General Business

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 33-12-15-210-150.000-016

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: ORIG PLAT PT LOT 1 BLK 13 ORIG PLAT PT LOT 1 BLK 13
  • Parcel Number ID: 33-12-15-210-150.000-016
  • Platted: Yes
  • Inside City Limits: Yes
  • Location: City
  • Parcel Id2: 33-12-15-210-149.000-016
  • Road Access: City
  • Road Surface: Concrete
  • Sp Lp Percent: 55.28
  • Parcel Description: Level, 0-2.9999
  • Type of Sale: Private Seller
  • Type Use: Commercial
  • Special Features: None

Exterior Features

  • Road Frontage: City

Garage/Parking

  • Parking: Street

Utilities

  • Water Utilities: City
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: City

Schools

  • School District: New Castle Community School Corp.
  • Elementary School: Eastwood
  • Middle School: New Castle
  • High School: New Castle

Lot Info

  • Lot Dimensions: 60x120
  • Estimated Lot Sq Ft: 8059
  • Estimated Lot Size Acres: 0.185
  • Lot Number: 1
  • Improvements: Street Lights, Sidewalks

Tax Info

  • Annual Taxes: 408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jun 25, 2021
Sold by
Integrity Land Management Llc
Bought by
Ta Jays Caribbean Delight Llc
Seller's Agent
Susan Falck-Neal
RE/MAX First Integrity
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$19,900
Sold Price
$11,000
Premium/Discount to List
-$8,900
-44.72%
Current Estimated Value
$284,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,000
Avg. Annual Appreciation
113.09%

Purchase Details

Closed on
Jun 11, 2014
Sold by
Neal Farms Llc
Bought by
Integrity Land Management Llc

Purchase Details

Closed on
May 22, 2014
Sold by
Gustin Robert Lee and Gustin Robert S
Bought by
Neal Farms Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ta Jays Caribbean Delight Llc $11,000 Atlantis Title Services Inc
Integrity Land Management Llc -- None Available
Neal Farms Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $11,000 -44.7% --
05/26/2021 05/26/21 Pending -- -- --
05/20/2020 05/20/20 For Sale $19,900 -- --
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $435 $14,500 $14,500 $0
2023 $396 $13,200 $13,200 $0
2022 $396 $13,200 $13,200 $0
2021 $138 $4,600 $4,600 $0
2020 $140 $4,600 $4,600 $0
2019 $140 $4,600 $4,600 $0
2018 $140 $4,600 $4,600 $0
2017 $140 $4,600 $4,600 $0
2016 $123 $4,600 $4,600 $0
2014 $751 $27,900 $4,600 $23,300
2013 $751 $26,900 $4,600 $22,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202018243

Indiana Regional MLS

APN: 33-12-15-210-150.000-016