NOT LISTED FOR SALE

2424 Walnut St New Castle, IN 47362

Estimated Value: $59,000 - $98,000

2 Beds
2 Baths
1,196 Sq Ft
$67/Sq Ft Est. Value

Last Sold August 03, 2019

Last sale price $40,000 $33 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $501/month

103 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • 1-Story Property
  • Shed
  • Carpet
  • 4-minute walk to Lowe Park

About This Home

As of August 2019

Great opportunity for a nice investment property with current income generating!

Last Agent to Sell the Property

Paul Faddis

Tarter Realty Auction and Appraisal Company Listed on: 04/22/2019

Last Buyer's Agent

Paul Faddis

Tarter Realty Auction and Appraisal Company Listed on: 04/22/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $782

Year Built

  • Built in 1923

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 45 x 133

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Suburban Location

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, heating, lawn maintenance
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 33-12-14-230-149.000-016

Community Details

Pet Policy

  • Pet Restriction

Additional Features

  • 2 Units
  • Water Sewer Expense $960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$782

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1923
  • Age: 96
  • Style: One Story
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: POWELLS SUB DIV W 45'X143.5' LOT 10
  • Parcel Number ID: 33-12-14-230-149.000-016
  • Platted: Yes
  • Amenities: Porch Covered
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 88.89
  • Monthly Gross Income: 850
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 1196
  • Total Finished Sq Ft: 1196
  • Above Grade Finished Sq Ft: 1196
  • Price Per Sq Ft: 33.44
  • Basement Foundation: Crawl
  • Flooring: Carpet

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 64

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Water Sewer Expense: 960

Condo/Co-op/Association

  • Pet Restrictions: Yes

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: 0-2.9999
  • Lot Dimensions: 45 x 133
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Heating, Lawn Maintenance

Multi Family

  • Gross Monthly Rent: 950
  • Number Of Units: 2
  • Num Of1 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 782

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

Closed on
Aug 14, 2023
Sold by
Renner Brady
Bought by
Solomon Devin Alyssa
Current Estimated Value
$80,016

Purchase Details

Closed on
Jul 27, 2022
Sold by
Joachim Comfort Homes Llc
Bought by
Brady Renner

Purchase Details

Closed on
Jan 30, 2017
Sold by
Gene Joachim
Bought by
Joachim Comfort Homes Llc

Purchase Details

Listed on
May 7, 2015
Closed on
Sep 22, 2015
Sold by
Flanagan Gerald A and Flanagan Marcia K
Bought by
Gene Joachim
Seller's Agent
Jerry Flanagan
Wagner Auctioneering & Real Estate
Buyer's Agent
STEVE SHERWOOD
Wagner Auctioneering & Real Estate
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
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
Solomon Devin Alyssa $56,000 In Title Company
Brady Renner $40,000 In Title Company
Joachim Comfort Homes Llc -- None Available
Gene Joachim -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gene Joachim $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2019 08/03/19 Sold $40,000 -11.1% $33 / Sq Ft
04/22/2019 04/22/19 For Sale $44,999 +12.5% $38 / Sq Ft
09/22/2015 09/22/15 Sold $40,000 0.0% $33 / Sq Ft
09/22/2015 09/22/15 Sold $40,000 -19.8% $33 / Sq Ft
08/09/2015 08/09/15 Pending -- -- --
08/09/2015 08/09/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $49,900 +11.1% $42 / Sq Ft
11/07/2014 11/07/14 For Sale $44,900 -- $38 / 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 $814 $40,700 $13,600 $27,100
2023 $804 $40,200 $13,600 $26,600
2022 $984 $48,600 $3,400 $45,200
2021 $848 $41,900 $2,900 $39,000
2020 $905 $40,400 $2,900 $37,500
2019 $845 $39,700 $2,900 $36,800
2018 $821 $38,600 $2,700 $35,900
2017 $821 $38,600 $2,700 $35,900
2016 $758 $34,800 $2,400 $32,400
2014 $731 $36,100 $2,700 $33,400
2013 $731 $34,600 $2,700 $31,900
Source: Public Records

Agents Affiliated with this Home

  • Paul Faddis

    Seller's Agent in 2019

    Paul Faddis

    Tarter Realty Auction and Appraisal Company

    (765) 994-8533

    370 Total Sales

    Paul Faddis
    Section Image

  • J

    Seller's Agent in 2015

    Jerry Flanagan

    Wagner Auctioneering & Real Estate

    Section Image

  • S

    Buyer's Agent in 2015

    STEVE SHERWOOD

    Wagner Auctioneering & Real Estate

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201915332

Indiana Regional MLS

APN: 33-12-14-230-149.000-016

Indiana Henry County New Castle 47362

2424 Walnut St, New Castle, IN

This home is located at 2424 Walnut St, New Castle, IN 47362 since 22 April 2019 and is currently estimated at $80,016, approximately $66 per square foot. This property was built in 1923. 2424 Walnut St is a home located in Henry County with nearby schools including Agape Learning Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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