$124,900

Estimated payment $788/month

Total Views 1,838
3 Beds
2 Baths
1,200 Sq Ft
$104 Price per Sq Ft

Highlights

  • Hot Property
  • Corner Lot
  • Forced Air Heating System
  • Wood Flooring
  • Bungalow
  • Baseboard Heating

About This Home

Turnkey duplex investment opportunity. Fully leased and ready for immediate income, this well-maintained duplex offers a solid addition to your investment portfolio. Situated on a corner lot with alley access and sidewalks, the property features two updated units with low-maintenance exterior. Unit 1 offers 2 bedrooms and 1 bath, while Unit 2 has 1 bedroom and 1 bath. Both units are in good condition, feature durable LVP flooring, and come equipped with a stove and refrigerator. Utilities are separately metered for gas and electric, with the landlord covering water and sewer. Located in a desirable area, this property combines convenience, dependable tenants, and minimal upkeep—making it an excellent turnkey opportunity.

Listing Agent

Susan Falck-Neal

RE/MAX First Integrity Brokerage Phone: 765-529-2211 Listed on: 08/19/2025

RE/MAX First Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,282

Year Built

  • Built in 1900

Lot Details

  • 5,706 Sq Ft Lot
  • Lot Dimensions are 60x95
  • Corner Lot
  • Sloped Lot

Home Design

  • Duplex
  • Bungalow
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Laundry in Kitchen

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • The owner pays for sewer, tax, trash collection, water
  • Assessor Parcel Number 33-12-23-130-134.000-016

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Insurance Expense $1
  • Maintenance Expense $1
  • Water Sewer Expense $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,282

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 125
  • Style: One Story
  • Architectural Style: Bungalow
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PIANAUTO ADD LOT 50
  • Parcel Number ID: 33-12-23-130-134.000-016
  • Platted: Yes
  • Amenities: Basement
  • Cross Street: M Ave
  • Location: City/Town/Suburb
  • Annual Miscellaneous: 1
  • Monthly Gross Income: 1050
  • Year Taxes Payable: 2024
  • Special Features: None

Interior Features

  • Total Sq Ft: 1800
  • Total Finished Sq Ft: 1200
  • Above Grade Finished Sq Ft: 1200
  • Below Grade Sq Ft: 600
  • Price Per Sq Ft: 104.08
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block
  • Flooring: Laminate, Wood
  • Main Level Sq Ft: 1200
  • Total Below Grade Sq Ft: 600
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 1.5

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 2
  • Parking: Off Street, Street

Utilities

  • Heating Fuel: Baseboard, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: CenterPoint Energy
  • Water Company: New Castle Utility
  • Annual Insurance Expense: 1
  • Annual Maintenance Expense: 1
  • Annual Water Sewer Expense: 1

Condo/Co-op/Association

  • Common Amenities: Sidewalks
  • Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Corner, Slope, 0-2.9999
  • Lot Dimensions: 60X95
  • Estimated Lot Sq Ft: 5706
  • Estimated Lot Size Acres: 0.13
  • Lot Number: 50

Rental Info

  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Electric, Heating

Multi Family

  • Gross Monthly Rent: 1050
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 1282

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,232 $61,600 $8,500 $53,100
2023 $942 $47,100 $8,500 $38,600
2022 $902 $45,100 $5,600 $39,500
2021 $838 $41,900 $5,600 $36,300
2020 $880 $41,900 $5,600 $36,300
2019 $864 $41,100 $5,600 $35,500
2018 $852 $40,600 $5,600 $35,000
2017 $842 $40,100 $5,600 $34,500
2016 $796 $37,900 $5,600 $32,300
2014 $736 $36,800 $5,600 $31,200
2013 $736 $35,300 $5,600 $29,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $124,900 -- $104 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $13,000 Adjustable Rate Mortgage/ARM
Source: Public Records

About the Listing Agent

Susan Falck-Neal

RE/MAX First Integrity

(765) 544-5860

Section Image

I have over 30 years of expertise in the real estate industry. Over the years I have earned many awards within a franchise, including the Leaders Circle award (repeated times), one of the highest level of awards afforded to agents. I am committed to the community that I live and work in and I demonstrate this by being active on multiple boards and involving myself in multiple community groups. With my years in real estate, I have learned how to be detail oriented, proactive and a strong

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Source: Indiana Regional MLS

MLS Number: 202533060

Indiana Regional MLS

APN: 33-12-23-130-134.000-016