NOT LISTED FOR SALE

308 Cherry St New Castle, IN 47362

Estimated Value: $82,000 - $158,000

2 Beds
1 Bath
1,272 Sq Ft
$92/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $77,500 $61 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $727/month

57 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • 1-Story Property
  • Covered patio or porch
  • Bungalow
  • Forced Air Heating System

About This Home

As of April 2023

Small town living just minutes south of New Castle in the town of Dunreith. The home is a two-bedroom bungalow that has a large covered front porch and a 24x36 detached garage. The home needs TLC as in simply dated, this will make a great starter home or very good for an investor or handyman. The roof is 7 years old, HVAC is 5-6 years old. The water softener does not work.

Last Agent to Sell the Property

Michael Riggs

Dropped Members License #RB14006322 Listed on: 02/06/2023

Last Buyer's Agent

Anna Yazel

Maximum Results Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $854

Year Built

  • Built in 1919

Lot Details

  • 9,148

Parking

  • 3 Car Garage
  • Alley Access

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,272 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Carpet
  • Basement
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Tri-Elementary School
  • Tri Junior-Senior High School

Utilities

  • Forced Air Heating System
  • Well
  • Electric Water Heater

Additional Features

  • Covered patio or porch
  • 9,148 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 & E 13.5' LOT 5 / BLK 6
  • Assessor Parcel Number 331729430426000025

Home Details

Home Type

Single Family

Est. Annual Taxes

$854

Year Built

Built in 1919

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1919
  • Building Area Total: 1272
  • Garage Y N: Yes
  • Lot Size Acres: 0.21
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: mike.riggs@embarqmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Exterior Entry
  • Appliances: Electric Cooktop, Electric Water Heater, Oven
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1272
  • Main Level Bedrooms: 2
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1272
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
  • List Price: 94500
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Alley Access
  • Garage Parking Other: Guest Street Parking
  • Garage Sq Ft: 864

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Electric: 100 Amp Service
  • Heating: Forced Air
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Lot Size Sq Ft: 9148
  • Parcel Number: 331729430426000025
  • Acres: <1/4 Acre
  • Price Acre: 369047.619047619

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 854
  • Tax Block: BLK 6
  • Tax Lot: 4 & E 13.5' LOT 5
  • Semi Annual Property Tax Amt: 427

MLS Schools

  • Elementary School: Tri-Elementary School
  • High School: Tri Junior-Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Apr 17, 2023
Sold by
Newkrik James Garland
Bought by
Richardson Emma Grace
Seller's Agent
Michael Riggs
Dropped Members
Buyer's Agent
Anna Yazel
Maximum Results Real Estate
List Price
$99,500
Sold Price
$77,500
Premium/Discount to List
-$22,000
-22.11%
Views
415
Current Estimated Value
$117,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,960
Avg. Annual Appreciation
28.18%

Purchase Details

Closed on
Apr 15, 2014
Sold by
Newkirk James Garland and Newkirk David Andrew
Bought by
Newkirk James Garland

Purchase Details

Closed on
Dec 13, 2013
Sold by
Newkirk Viriginia and Newkirk David Andrew
Bought by
Newkirk James Garland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 14, 2005
Sold by
Newkirk Virginia and Sittion Kelley
Bought by
Newkirk James Garland
Source: Public Records

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Range of Values:

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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
Richardson Emma Grace $77,500 First American Title Insurance
Newkirk James Garland -- None Available
Newkirk James Garland -- None Available
Newkirk James Garland -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newkirk James Garland $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $77,500 -18.0% $61 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/08/2023 03/08/23 Price Changed $94,500 -5.0% $74 / Sq Ft
02/06/2023 02/06/23 For Sale $99,500 -- $78 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $903 $101,800 $13,300 $88,500
2023 $811 $91,500 $13,300 $78,200
2022 $1,698 $89,900 $9,900 $80,000
2021 $1,652 $82,600 $9,900 $72,700
2020 $1,699 $82,600 $9,900 $72,700
2019 $1,700 $82,000 $9,900 $72,100
2018 $1,681 $81,300 $9,900 $71,400
2017 $1,669 $80,500 $9,900 $70,600
2016 $1,671 $79,000 $9,900 $69,100
2014 $1,525 $76,100 $9,900 $66,200
2013 $1,525 $70,800 $7,600 $63,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21904037

MIBOR Broker Listing Cooperative®

APN: 33-17-29-430-426.000-025