NOT LISTED FOR SALE

1602 D Ave New Castle, IN 47362

8 Beds
1 Bath
2,245 Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: August 28, 2023

Last sale price $112,000 $50 Per Sq Ft

42 Days on Market

About This Home

As of August 2023

See attached Offering Memorandum for detailed information regarding unit description, CapEx, P&L, Rent, Occupancy ... etc.

Last Agent to Sell the Property

Fred Krawczyk

Envoy Real Estate, LLC Brokerage Email: fred@indyhouses.net License #RB14039436 Listed on: 07/10/2023

Last Buyer's Agent

Fred Krawczyk

Envoy Real Estate, LLC Brokerage Email: fred@indyhouses.net License #RB14039436 Listed on: 07/10/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $932

Year Built

  • Built in 1900

Lot Details

  • 5,009

Home Design

  • Triplex

Schools

  • Eastwood Elementary School
  • New Castle Middle School
  • New Castle High School

Additional Features

  • 2-Story Property
  • 5,009 Sq Ft Lot

Listing and Financial Details

  • The owner pays for all utilities
  • Tax Lot 36
  • Assessor Parcel Number 331214310207000016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$932

Year Built

Built in 1900

Lot Details

5,009 Sq Ft Lot

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1900
  • Lot Size Acres: 0.12
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: Yes
  • MBR_AttributionContact: fred@indyhouses.net
  • Attribution Contact: fred@indyhouses.net
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: Two
  • Owner Pays: All Utilities
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Road Access: Street Cuts

Utilities

  • Solid Waste: No

Schools

  • Middle Or Junior School: New Castle Middle School

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 5009
  • Parcel Number: 331214310207000016
  • Zoning: R
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Multi Family

  • Net Operating Income: 12009

Tax Info

  • Tax Annual Amount: 932
  • Tax Lot: 36
  • Semi Annual Property Tax Amt: 466

MLS Schools

  • Elementary School: Eastwood Elementary School
  • High School: New Castle High School
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2023 08/28/23 Sold $112,000 -10.4% $50 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $125,000 +197.6% $56 / Sq Ft
06/01/2018 06/01/18 Sold $42,000 0.0% $19 / Sq Ft View Prior Sale
04/30/2018 04/30/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $42,000 -- $19 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $1,580 $78,800 $9,000 $69,800
2024 $1,580 $79,000 $9,000 $70,000
2023 $1,200 $60,000 $9,000 $51,000
2022 $1,038 $51,300 $6,000 $45,300
2021 $902 $44,600 $6,000 $38,600
2020 $921 $42,800 $6,000 $36,800
2019 $890 $41,300 $6,000 $35,300
2018 $855 $39,700 $5,400 $34,300
2017 $850 $39,400 $5,400 $34,000
2016 $990 $46,200 $6,400 $39,800
2014 $970 $47,900 $7,900 $40,000
2013 $970 $46,000 $7,900 $38,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21930889

MIBOR Broker Listing Cooperative®

APN: 33-12-14-310-207.000-016

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