$80,000
SOLD MAY 12, 2020
8 Beds
4 Baths
2,620 Sq Ft
5,271 Sq Ft Lot

Recently Sold

$31 Per Sq Ft

16% Below List Price

9 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Energy-Efficient Windows
  • Formal Dining Room
  • ENERGY STAR Qualified Water Heater
  • Vinyl Flooring

About This Home

As of July 2023

ROI of 21.8% on this 4 unit building in New Castle, IN. All 4 units in this apartment building are rented and offer immediate cash-flow. The building has recently been updated with new furnaces, plumbing, roof, paint, and flooring in some units. Tenant pays electric. Owner pays water, sewer, trash.

Last Agent to Sell the Property

Jon Kindred

F.C. Tucker/Crossroads Real Estate Listed on: 02/28/2020

F.C. Tucker/Crossroads Real Estate

Last Buyer's Agent

Heather Clemmons

Starr Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $729

Year Built

  • Built in 1900

Lot Details

  • 5,271 Sq Ft Lot
  • Lot Dimensions are 10x132
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2,620 Sq Ft Home
  • Formal Dining Room
  • Vinyl Flooring

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating System
  • ENERGY STAR Qualified Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 33-12-14-330-281.000-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$729

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 120
  • Architectural Style: Duplex
  • Total Number of Rooms: 24
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: 1ST INDUSTRIAL ADD LOT 314
  • Parcel Number ID: 33-12-14-330-281.000-016
  • Platted: Yes
  • Amenities: Cable Available, Countertops-Laminate, Dryer Hook Up Electric, Range/Oven Hook Up Elec, Formal Dining Room, Main Floor Laundry
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 84.21
  • Year Taxes Payable: 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 2620
  • Total Finished Sq Ft: 2620
  • Above Grade Finished Sq Ft: 2620
  • Price Per Sq Ft: 30.53
  • Flooring: Vinyl
  • Living Great Room: Dimensions: 13x10, On Level: Main
  • Kitchen: Dimensions: 9x8
  • Dining Room: Dimensions: 12x9, On Level: Main
  • Bedroom 1: Dimensions: 13x9, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Bedroom 3: Dimensions: 13x9, On Level: Main
  • Bedroom 4: Dimensions: 10x9, On Level: Main
  • Bedroom 5: Dimensions: 13x9, On Level: Main
  • Number of Main Level Full Bathrooms: 4

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Heating Fuel: Electric, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: New Castle Utility
  • Laundry: Dimensions: Mainx6, On Level: 9

Schools

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Dimensions: 10x132
  • Estimated Lot Sq Ft: 5271
  • Estimated Lot Size Acres: 0.121

Green Features

  • Energy Efficient: HVAC, Windows, Water Heater

Tax Info

  • Annual Taxes: 728.83

MLS Schools

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

Range of Values:

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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 Change Sq Ft Price
07/03/2023 07/03/23 Sold $137,500 -14.0% $52 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $159,900 0.0% $61 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
03/13/2023 03/13/23 Price Changed $159,900 -11.1% $61 / Sq Ft
01/12/2023 01/12/23 Price Changed $179,900 -4.1% $69 / Sq Ft
11/08/2022 11/08/22 Price Changed $187,500 -1.3% $72 / Sq Ft
10/11/2022 10/11/22 Price Changed $189,900 -5.0% $72 / Sq Ft
09/02/2022 09/02/22 For Sale $199,900 +149.9% $76 / Sq Ft
05/12/2020 05/12/20 Sold $80,000 -15.8% $31 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $95,000 -- $36 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202007368

Indiana Regional MLS