NOT LISTED FOR SALE

223 S 12th St New Castle, IN 47362

Estimated Value: $82,000 - $148,000

8 Beds
3 Baths
3,784 Sq Ft
$28/Sq Ft Est. Value

Last Sold March 03, 2020

Last sale price $20,000 $5 Per Sq Ft

Est. 423% increase in value since last sale

Current estimated payment $676/month

4 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Wood Siding
  • Corner Lot
  • Forced Air Heating System

About This Home

As of March 2020

Great investment opportunity. large triplex is conveniently located in downtown New Castle. Lots of off street parking behind house. Great income producing potential. Lots of Hardwood flooring. Needs TLC. Sold AS-IS.

Last Agent to Sell the Property

Melanie Cummings

Hiatt Realty Listed on: 02/11/2020

Last Buyer's Agent

Bryan Paugh

Legacy Real Estate Partners Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,528 Sq Ft Lot
  • Lot Dimensions are 42x94
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Shingle Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Attic

  • Storage In Attic
  • Walkup Attic

Basement

  • Block Basement Construction
  • Crawl Space

Schools

  • Wilbur Wright Elementary School
  • New Castle Middle School
  • New Castle High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 33-12-15-210-170.000-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Age: 120
  • Style: Two Story
  • Bedrooms: 8
  • Number Above Grade Bedrooms: 8
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Orig Plat PT Lot 1 BLk 15
  • Parcel Number ID: 33-12-15-210-170.000-016
  • Platted: Yes
  • Amenities: Fireplace, Off Street Parking, Attic Storage, Attic-Walk-up, Porch Covered
  • Location: City/Town/Suburb
  • Sp Lp Percent: 80.32
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 5676
  • Total Finished Sq Ft: 3784
  • Above Grade Finished Sq Ft: 3784
  • Below Grade Sq Ft: 1892
  • Price Per Sq Ft: 5.29
  • Basement: Yes
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Main Level Sq Ft: 1892
  • Total Below Grade Sq Ft: 1892

Exterior Features

  • Exterior: Stucco, Wood
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Parking: Off Street

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Gas Company: CenterPoint Energy
  • Water Company: Indiana American Water Co
  • Cable Company: Comcast

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 42x94
  • Estimated Lot Sq Ft: 3528
  • Estimated Lot Size Acres: 0.081
  • Lot Number: 1

Tax Info

  • Annual Property Tax: 1171

Multi Family

  • Number Of Units: 3
  • Num Of2 Bedrooms: 2
  • Number Of 3 Bedrooms: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Feb 28, 2020
Sold by
Hughes Robbin
Bought by
Hoffer Eric
Seller's Agent
Melanie Cummings
Hiatt Realty
Buyer's Agent
Bryan Paugh
Legacy Real Estate Partners Inc
List Price
$24,900
Sold Price
$20,000
Premium/Discount to List
-$4,900
-19.68%
Current Estimated Value
$104,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,667
Avg. Annual Appreciation
39.03%

Purchase Details

Listed on
Mar 1, 2017
Closed on
Mar 28, 2017
Sold by
Sharp Properties Llc
Bought by
Hughes Robbin
Seller's Agent
Bryan Paugh
Legacy Real Estate Partners, Inc
Buyer's Agent
Bryan Paugh
Legacy Real Estate Partners, Inc
List Price
$16,900
Sold Price
$18,000
Premium/Discount to List
$1,100
6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%

Purchase Details

Listed on
Oct 1, 2014
Closed on
Jul 8, 2016
Sold by
Frazier Doris Jean
Bought by
Sharp Properties Llc
Seller's Agent
Lisa Lovell
Happy Homes Real Estate
Buyer's Agent
Bryan Paugh
Legacy Real Estate Partners Inc
List Price
$49,900
Sold Price
$12,000
Premium/Discount to List
-$37,900
-75.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.62%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hoffer Eric -- None Available
Hughes Robbin $18,000 None Available
Sharp Properties Llc -- Atlantis Title Services Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2020 03/03/20 Sold $20,000 -19.7% $5 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $24,900 +38.3% $7 / Sq Ft
03/28/2017 03/28/17 Sold $18,000 +6.5% $5 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $16,900 +40.8% $4 / Sq Ft
07/08/2016 07/08/16 Sold $12,000 -76.0% $6 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
10/01/2014 10/01/14 For Sale $49,900 -- $26 / Sq Ft
Source: Indiana Regional MLS

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 $1,472 $73,600 $11,400 $62,200
2023 $1,412 $70,600 $11,400 $59,200
2022 $1,188 $59,400 $5,700 $53,700
2021 $400 $20,000 $3,500 $16,500
2020 $430 $19,300 $3,500 $15,800
2019 $980 $46,200 $5,000 $41,200
2018 $947 $44,700 $4,500 $40,200
2017 $950 $44,800 $4,500 $40,300
2016 $895 $42,200 $4,400 $37,800
2014 $830 $41,500 $5,200 $36,300
2013 $830 $38,900 $5,100 $33,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202005125

Indiana Regional MLS

APN: 33-12-15-210-170.000-016