NOT LISTED FOR SALE

2320 State St Unit 2324 New Castle, IN 47362

New Castle Neighborhood
-- Bed
-- Bath
-- Sq Ft
1.73 Acres

Last Sold August 21, 2020

Last sale price $257,500

55 Days on Market

Highlights

  • 1.73 Acre Lot
  • Traditional Architecture
  • 1-Story Property

About This Home

As of August 2020

Hard to find 7 unit! Great commercial investment deal. 2 separate buildings. Units are occupied. Please do not disturb tenants. Units have been rehabbed. New roof on one of the buildings. Tenants each have a storage closet at the end of the buildings. Nice courtyard with concrete sidewalks. Off street parking. Property is close to downtown New Castle. Almost a 2 acre lot (1.73 ac). Opportunity to build more buildings on lot with City/County zoning approval.

Last Agent to Sell the Property

Pamela Brown

PMI Indianapolis License #RB14027637 Listed on: 05/08/2020

Last Buyer's Agent

Cynthia Bulat

JUST LIV, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 1965

Lot Details

  • 1.73

Home Design

  • Traditional Architecture
  • Vinyl Construction Material

Additional Features

  • 1-Story Property
  • 1.73 Acre Lot

Listing and Financial Details

  • Tenant pays for cable TV, insurance
  • The owner pays for inshazard, lawncare, taxes, sewer, trash collection, water
  • Assessor Parcel Number 331211430213000016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,998

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: 5+Units Commercial
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1965
  • Lot Size Acres: 1.73
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Hard to find 7 unit! Great commercial investment deal. 2 separate buildings. Units are occupied. Please do not disturb tenants. Units have been rehabbed. New roof on one of the buildings. Tenants each have a storage closet at the end of the buildings. Nice courtyard with concrete sidewalks. Off street parking. Property is close to downtown New Castle. Almost a 2 acre lot (1.73 ac). Opportunity to build more buildings on lot with City/County zoning approval.
  • Transaction Type: Sale
  • Unit Count: 6
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: InsHazard, Lawncare, Taxes, Sewer, Trash Collection, Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: NoLaundry

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • List Price: 265000

Garage/Parking

  • Unit Parking: Guest Parking,On Street

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 331211430213000016
  • Acres: 1-3 Acres
  • Lot Information: Access Street,Not In Subdivision
  • Lot Number: 0
  • Lot Size: 75,359

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Insurance

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 2998
  • Semi Annual Property Tax Amt: 1499
  • Tax Exemption: None

MLS Schools

  • School District: New Castle Community

Range of Values:

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Sold Price
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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
08/21/2020 08/21/20 Sold $257,500 -2.8% --
07/03/2020 07/03/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $265,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21708919

MIBOR Broker Listing Cooperative®