NOT LISTED FOR SALE

1535 Bundy Ave New Castle, IN 47362

Estimated Value: $376,000 - $413,371

3 Beds
2 Baths
2,792 Sq Ft
$143/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $279,000 $100 Per Sq Ft

208 Days on Market

Highlights

  • 0.81 Acre Lot
  • Fireplace in Kitchen
  • Wood Flooring
  • Colonial Architecture
  • Partially Wooded Lot
  • Corner Lot

About This Home

As of March 2019

Built in the 1836-1840 timeframe, this was one of the County's more stately manors for miles. Built on a small hill in what is now a popular neighborhood area of New Castle, this Colonial Vernacular Italianate style home that sits on an acre of land has been completely restored with impressive attention to detail while keeping the history and period intact while adding modern updates. There are 10 ft ceilings in both the first and second stories with hardwood maple floors throughout. The kitchen wing of the house was built in 1997 and features custom cabinets, period style hinges, Shaker Red historic color, double oven (convection), Thermador cooktop, fireplace, huge island, full bath, and an office and laundry area. The garage was built around the year 2000 and features an impressive 2.5 car heated garage (with workshop area), and a 900 SqFt 1 bedroom apartment (currently rented for $700/mo through 2/19/2019 then month to month -- $8,400 yearly potential income). Other Property Highlights: Ample custom wood trim not seen in most homes, custom built windows and Pella windows with Pella slim shades, exterior brick cleaned and sealed, high efficiency HVAC with air cleaners, newer electric (200 amp) and plumbing, 3 clean outs and sewer line to street (2006), heat-a-later fireplace insert and one wood burning, custom designed playhouse and sleep loft, updated lighting, amazing cherry staircase, reconfigured house upstairs landing layout, professional landscaping, possible additional front driveway access, living room and family room, great closet space with walk-in closet. Associated Docs has additional house features. 24 Hrs notice for showings. Tenant Rights. Some curtains may be excluded from the sale. 30 days possession preferred. MATTERPORT TOUR NOW LIVE.

Last Agent to Sell the Property

Steve Slavin

Coldwell Banker Real Estate Group Listed on: 06/25/2018

Coldwell Banker Real Estate Group

Last Buyer's Agent

Matt Huffman

F.C. Tucker/Crossroads Real Estate

F.C. Tucker/Crossroads Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,215

Year Built

  • Built in 1836

Lot Details

  • 0.81 Acre Lot
  • Corner Lot
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Historic Home

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Triple Pane Windows
  • Double Pane Windows
  • Pocket Doors
  • Insulated Doors
  • Entrance Foyer
  • Formal Dining Room
  • Workshop
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Kitchen Island
  • Laminate Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Partially Finished Basement

  • Stone or Rock in Basement
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Location

  • Suburban Location

Schools

  • Parker Elementary School
  • New Castle Middle School
  • New Castle High School

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Furnace
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Castle Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-12-15-340-115.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,215

Year Built

Built in 1836

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1836
  • Style: Two Story
  • Architectural Style: Colonial, Historic, Traditional
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Castle Hills Lot 1&2. N.W. Corner |
  • Parcel Number ID: 33-12-15-340-115.000-016
  • Platted: Yes
  • Amenities: Built-In Bookcase, Built-In Entertainment Ct, Cable Available, Chair Rail, Countertops-Laminate, Countertops-Solid Surf, Crown Molding, Detector-Smoke, Disposal, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Kitchen Island, Pocket Doors, Range/Oven Hook Up Elec, Range/Oven Hook Up Gas, Six Panel Doors, Storm Doors, Stand Up Shower, Tub/Shower Combination, Workshop, Formal Dining Room, Garage-Heated, Main Floor Laundry, Washer Hook-Up
  • Cross Street: Parkview
  • Inside City Limits: Yes
  • Investment Property: Yes
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3032
  • Total Finished Sq Ft: 2792
  • Above Grade Finished Sq Ft: 2792
  • Below Grade Sq Ft: 240
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement, Unfinished
  • Basement Material: Stone
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Kitchen, Gas Log, Wood Burning, Two, Gas Starter, Fireplace Insert
  • Fireplace: Yes
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 18x15, On Level: Main
  • Kitchen: Dimensions: 15x15, On Level: Main
  • Breakfast Room: Dimensions: 10x15, On Level: Main
  • Dining Room: Dimensions: 16x14, On Level: Main
  • Family Room: Dimensions: 17x14, On Level: Main
  • Bedroom 1: Dimensions: 16x14, On Level: Upper
  • Bedroom 2: Dimensions: 10x14, On Level: Upper
  • Bedroom 3: Dimensions: 15x12, On Level: Upper
  • Other Room1: Landing, Dimensions: 12x10, On Level: Upper
  • Main Level Sq Ft: 1700
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 240

Exterior Features

  • Exterior: Brick, Cedar
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Outbuilding, Dimensions: 13x8

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 27x36
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Water Company: New Castle Utility
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: Mainx11, On Level: 9

Schools

  • Elementary School: Parker

Lot Info

  • Lot Description: Corner, Irregular, Partially Wooded, Rolling, 0-2.9999
  • Lot Dimensions: 120x200 and 36x162
  • Estimated Lot Sq Ft: 35284
  • Estimated Lot Size Acres: 0.81

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors, Multi Pane Windows, Storm Windows

Tax Info

  • Annual Taxes: 1215
  • Exemptions: Homestead, Mortgage

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2018
Closed on
Mar 28, 2019
Sold by
Miller Shirley D
Bought by
Armstrong David John
Seller's Agent
Steve Slavin
Coldwell Banker Real Estate Group
Buyer's Agent
Matt Huffman
F.C. Tucker/Crossroads Real Estate
List Price
$299,000
Sold Price
$279,000
Premium/Discount to List
-$20,000
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$270,630
Outstanding Balance
$237,932
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$162,661
Source: Public Records

Range of Values:

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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
Armstrong David John $279,000 In Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong David John $270,630
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2019 03/28/19 Sold $279,000 -6.7% $100 / Sq Ft
01/19/2019 01/19/19 Pending -- -- --
06/25/2018 06/25/18 For Sale $299,000 -- $107 / Sq Ft
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 $3,734 $346,400 $51,200 $295,200
2023 $3,338 $310,100 $51,200 $258,900
2022 $2,824 $264,600 $42,700 $221,900
2021 $2,381 $223,200 $37,000 $186,200
2020 $2,463 $220,200 $37,000 $183,200
2019 $2,424 $216,500 $37,000 $179,500
2018 $2,439 $212,900 $37,000 $175,900
2017 $2,406 $209,000 $37,000 $172,000
2016 $1,655 $159,600 $35,900 $123,700
2014 $1,542 $149,800 $28,000 $121,800
2013 $1,542 $150,300 $29,300 $121,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201827575

Indiana Regional MLS

APN: 33-12-15-340-115.000-016