NOT LISTED FOR SALE

1621 Cherrywood Ave New Castle, IN 47362

Estimated Value: $97,000 - $175,000

3 Beds
1.5 Baths
1,960 Sq Ft
$70/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $79,000 $40 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $841/month

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Woodwork
  • Formal Dining Room
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

This welcoming, cozy home has been meticulously maintained. Updates include new siding, windows, gutters, roof, and exterior doors. The full bath has a new tub & surround, faucets, flooring, and paint. The small third bedroom is currently used as a walk-in closet, but could be used in whatever way suits your needs. Out back is a wooden deck, fenced-in backyard, 2.5 car garage, and a second outbuilding. This home is truly move-in ready!

Last Agent to Sell the Property

Krista Gibson

RE/MAX First Integrity License #RB17001821 Listed on: 06/29/2020

RE/MAX First Integrity

Last Buyer's Agent

Krista Gibson

RE/MAX First Integrity License #RB17001821 Listed on: 06/29/2020

RE/MAX First Integrity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $846

Year Built

  • Built in 1920

Lot Details

  • 8,638 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Formal Dining Room
  • Unfinished Basement
  • Crawl Space
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 331222220130000016

Home Details

Home Type

Single Family

Est. Annual Taxes

$846

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1920
  • Garage Y N: Yes
  • Lot Size Acres: 0.1983
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: This welcoming, cozy home has been meticulously maintained. Updates include new siding, windows, gutters, roof, and exterior doors. The full bath has a new tub & surround, faucets, flooring, and paint. The small third bedroom is currently used as a walk-in closet, but could be used in whatever way suits your needs. Out back is a wooden deck, fenced-in backyard, 2.5 car garage, and a second outbuilding. This home is truly move-in ready!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Wood Work Painted
  • Living Area: 1960
  • Other Equipment: Water-Softener Owned
  • Room Count: 7
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1600
  • Main Level Sq Ft: 800
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 1960
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 360
  • Upper Level Sq Ft: 800
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block, Crawl Space
  • List Price: 74900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Sq Ft: 648

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 331222220130000016
  • Acres: <1/4 Acre
  • Lot Number: 23
  • Lot Size: 8,640

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 846
  • Semi Annual Property Tax Amt: 423
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: New Castle Community
  • Schools: Parker Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Aug 3, 2020
Sold by
Goble Gary and Goble Ginger
Bought by
Blair Dreyden P and Rihm Victoria C
Seller's Agent
Krista Gibson
RE/MAX First Integrity
Buyer's Agent
Krista Gibson
RE/MAX First Integrity
List Price
$74,900
Sold Price
$79,000
Premium/Discount to List
$4,100
5.47%
Current Estimated Value
$137,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,459
Avg. Annual Appreciation
11.50%
Original Mortgage
$77,569
Outstanding Balance
$69,241
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$68,218

Purchase Details

Closed on
Jul 1, 2016
Sold by
Clark David A
Bought by
Goble Gary and Goble Ginger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2016
Closed on
Apr 4, 2016
Sold by
Owens Steve L and Hinsey Joyce C
Bought by
Clark David A
Seller's Agent
Teresa Cook
ERA Integrity
Buyer's Agent
Cara Huffman
F.C. Tucker/Crossroads Real Estate
List Price
$34,900
Sold Price
$27,500
Premium/Discount to List
-$7,400
-21.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.61%
Source: Public Records

Range of Values:

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Average Value
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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
Blair Dreyden P -- None Available
Goble Gary -- None Available
Clark David A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair Dreyden P $77,569
Previous Owner Goble Gary $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $79,000 +5.5% $40 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $74,900 +172.4% $38 / Sq Ft
04/04/2016 04/04/16 Sold $27,500 -21.2% $15 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $34,900 -- $19 / 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 $1,180 $118,000 $17,900 $100,100
2023 $1,135 $107,500 $17,900 $89,600
2022 $946 $97,500 $11,900 $85,600
2021 $813 $83,700 $10,400 $73,300
2020 $928 $90,400 $10,400 $80,000
2019 $896 $87,100 $10,400 $76,700
2018 $891 $83,400 $10,400 $73,000
2017 $806 $81,900 $10,400 $71,500
2016 $665 $74,400 $10,000 $64,400
2014 $649 $74,800 $10,000 $64,800
2013 $649 $71,800 $10,000 $61,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21721318

MIBOR Broker Listing Cooperative®

APN: 33-12-22-220-130.000-016