NOT LISTED FOR SALE

1714 Ross St New Castle, IN 47362

8 Beds
8 Baths
4,360 Sq Ft
0.36 Acres Lot

Sale Details

Date Sold: May 13, 2022

Last sale price $455,000 $104 Per Sq Ft

7 Days on Market

Highlights

  • 1-Story Property
  • Heating unit installed on the ceiling
  • Multiple Water Heaters

About This Home

As of May 2022

A rare local opportunity to own a well established multi-unit in New Castle. This has been owned by the same family for many years. They have always taken very good care of the grounds and property. Due to the location, condition, and amenities this unit has seldom had any vacancies. It is a true income producing property and has great investment or retirement income. 8 one bedroom units, furnished with stove, refrigerator, blinds, and fire extinguisher, on site coin-op laundry available, each tenant has off street parking (security light) and a storage unit, units are total electric tenant pays electric, LL pays water, sewer, trash, pest (preventative).

Last Agent to Sell the Property

Susan Falck-Neal

RE/MAX Integrity Real Estate License #RB14024543 Listed on: 04/01/2022

RE/MAX Integrity Real Estate

Last Buyer's Agent

MEMBER NON-MLS

NON-MLS MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 15,594 Sq Ft Lot
  • Lot Dimensions are 120x130

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 4,360 Sq Ft Home
  • 1-Story Property
  • Electric Range

Utilities

  • Heating unit installed on the ceiling
  • Furnace
  • Separate Meters
  • Multiple Water Heaters
  • Electric Water Heater

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0.36 Acres

Listing Details

  • OFFICELIST_ADDRESS: 1714 Ross St
  • Estimated Year Built: 1965
  • Directions: SR3/38; SR3 S to Parkview; E to Ross, N to property on right
  • E X E M P T: None
  • Geo Address Line: 1714 Ross St
  • Geo Longitude: -85.375053
  • Geo Primary City: New Castle
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 1
  • Taxes Half: 860
  • Number One Bed Units: 4+
  • Split Utilities: Yes
  • Unit 1 Appliances: Range-Electric, Refrigerator
  • Unit 1 Heat Type: Ceiling, Electric
  • Unit 2 Appliances: Range-Electric, Refrigerator
  • Unit 2 Heat Type: Ceiling, Electric
  • Unit 3 Appliances: Range-Electric, Refrigerator
  • Unit 3 Heat Type: Ceiling, Electric
  • Unit 4 Appliances: Range-Electric, Refrigerator
  • Unit 4 Heat Type: Ceiling, Electric
  • Unit 5 Appliances: Range-Electric, Refrigerator
  • Unit 5 Heat Type: Ceiling, Electric
  • Unit 6 Appliances: Range-Electric, Refrigerator
  • Unit 6 Heat Type: Ceiling, Electric
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0
  • Year Built: 1965

Interior Features

  • Has Basement: No
  • Price Per S Q F T: 104.36
  • Basement Type: 5 or More

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Brick
  • Foundation: Slab
  • Roof Type: Shingle

Utilities

  • Electric Company: Duke
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Water Heaters: 8

Condo/Co-op/Association

  • Number of Units: 8

Fee Information

  • Tax Class: MULTI-FAMILY

Lot Info

  • Geo Update Timestamp: 2022-04-04
  • Estimated Number Acres: 0.358
  • Land Contract: No
  • Lot Size: 120x130

Multi Family

  • Number Furnaces: 8
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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
05/13/2022 05/13/22 Sold $455,000 0.0% $104 / Sq Ft
04/13/2022 04/13/22 Off Market $455,000 -- --
04/08/2022 04/08/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $399,900 -- $92 / Sq Ft
Source: Richmond Association of REALTORS®

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 $5,754 $301,800 $32,800 $269,000
2024 $5,754 $287,700 $32,800 $254,900
2023 $1,750 $87,500 $29,800 $57,700
2022 $1,724 $86,200 $29,800 $56,400
2021 $1,704 $85,200 $29,800 $55,400
2020 $1,856 $85,200 $29,800 $55,400
2019 $1,804 $83,600 $29,800 $53,800
2018 $1,800 $83,600 $29,800 $53,800
2017 $1,779 $82,500 $29,800 $52,700
2016 $1,873 $87,300 $29,800 $57,500
2014 $1,636 $81,500 $29,800 $51,700
2013 $1,636 $87,600 $29,800 $57,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10043470

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