NOT LISTED FOR SALE

1405 S 24th St Unit 1407 New Castle, IN 47362

New Castle Neighborhood

Estimated Value: $65,000 - $144,000

4 Beds
2 Baths
1,152 Sq Ft
$86/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $57,000 $49 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $632/month

147 Days on Market

Highlights

  • Mature Trees
  • Traditional Architecture
  • 1-Story Property

About This Home

As of March 2023

CASH FLOW!!!!!! Come check out this one-story duplex in New Castle!! Tenanted on both sides. One side gets $350 and the other gets $400. All electric. The roof is 4 years old and the water heater was installed in 2021.

Last Agent to Sell the Property

Geri Neu

Dropped Members License #RB14044800 Listed on: 09/08/2022

Last Buyer's Agent

Jared Smith

Highgarden Real Estate

Highgarden Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $796

Year Built

  • Built in 1957

Lot Details

  • 4,051 Sq Ft Lot
  • Mature Trees

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Community Details

  • Burnside Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, insurance, sewer, trash collection, all utilities, water
  • The owner pays for ins hazard, insurance, taxes
  • Tax Lot 6
  • Assessor Parcel Number 331214430311000016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$796

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1957
  • Lot Size Acres: 0.093
  • Structure Type: Duplex
  • Subdivision Name: Burnside
  • Inspection Warranties: Lead Base Paint,Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: Geri@neurealestategroup.com
  • Multi Rooms: 8
  • Special Features: None

Interior Features

  • Basement Type: Crawl Space
  • Levels: One
  • Owner Pays: Ins Hazard, Insurance, Taxes
  • Gross Area Sq Ft: 4051
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Wood, Other
  • Exterior Features: Not Applicable
  • List Price: 65000
  • Road Access: County Rd

Garage/Parking

  • Unit Parking: Other

Utilities

  • Utilities: Electricity Connected
  • Laundry Features: Connections All
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Access, Curbs, Sidewalks, Not In Subdivision, Mature Trees
  • Additional Parcels: No
  • Current Use: See Remarks
  • Lot Size Sq Ft: 4051
  • Parcel Number: 331214430311000016
  • Zoning: R2
  • Acres: <1/4 Acre
  • Price Acre: 612903.225806452

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance, Sewer, Trash Collection, All Utilities, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 796
  • Tax Lot: 6
  • Semi Annual Property Tax Amt: 398
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Mar 9, 2023
Sold by
Esh Lloyd J Mary S
Bought by
Bady Stephen
Seller's Agent
Geri Neu
Dropped Members
Buyer's Agent
Jared Smith
Highgarden Real Estate
List Price
$65,000
Sold Price
$57,000
Premium/Discount to List
-$8,000
-12.31%
Total Days on Market
147
Views
87
Current Estimated Value
$99,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,288
Avg. Annual Appreciation
27.97%

Purchase Details

Closed on
Oct 14, 2015
Sold by
M & M Cook Llc
Bought by
Argyll Properties Llc

Purchase Details

Closed on
Mar 30, 2012
Sold by
Raintree Memories Llc
Bought by
M & M Cook Llc

Purchase Details

Closed on
Sep 13, 2011
Sold by
Cook Ii Maurice H
Bought by
Raintree Memories Llc

Purchase Details

Closed on
Sep 5, 2007
Sold by
Farley Josephine
Bought by
Cook Ii Maurice H
Source: Public Records

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Range of Values:

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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
Bady Stephen $57,000 First American Title Insurance
Argyll Properties Llc -- None Available
M & M Cook Llc -- None Available
Raintree Memories Llc -- None Available
Cook Ii Maurice H -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $57,000 -12.3% $49 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
09/16/2022 09/16/22 For Sale $65,000 0.0% $56 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $65,000 -- $56 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $926 $46,300 $9,100 $37,200
2023 $840 $42,000 $9,100 $32,900
2022 $406 $20,300 $6,100 $14,200
2021 $398 $19,900 $6,100 $13,800
2020 $416 $19,200 $6,100 $13,100
2019 $406 $18,700 $6,100 $12,600
2018 $385 $17,700 $5,500 $12,200
2017 $424 $19,600 $5,500 $14,100
2016 $494 $23,100 $6,500 $16,600
2014 $490 $24,500 $8,000 $16,500
2013 $490 $23,700 $8,000 $15,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21880604

MIBOR Broker Listing Cooperative®

APN: 33-12-14-430-311.000-016