504 N 12th St New Castle, IN 47362
Estimated payment $888/month
About This Home
Investor's Gem in New Castle! Discover the perfect addition to your portfolio with this functional and fully rented triplex located in the heart of New Castle, Indiana. Featuring three separate 1-bedroom units, this property offers steady income from day one with current tenants already in place. While basic upgrades could elevate the property's value, each unit is livable and functional, making it an ideal opportunity for investors of any experience level. Enjoy the charm and ease of small-town living, all while being just a convenient day-drive from a wide range of entertainment, educational, and cultural attractions. Whether you're looking to start your investment journey or expand your holdings, this triplex delivers the perfect blend of affordability, potential, and location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,784
Year Built
- Built in 1943
Lot Details
- 5,793 Sq Ft Lot
- Corner Lot
Home Design
- Triplex
- Vinyl Siding
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Additional Features
- 1.5-Story Property
- Forced Air Heating System
- Unfinished Basement
Listing and Financial Details
- Legal Lot and Block 1,2 / 66
- Assessor Parcel Number 331210410130000016
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,784 | $89,200 | $14,200 | $75,000 |
| 2023 | $1,342 | $67,100 | $14,200 | $52,900 |
| 2022 | $1,014 | $50,700 | $9,500 | $41,200 |
| 2021 | $944 | $47,200 | $9,500 | $37,700 |
| 2020 | $1,000 | $47,200 | $9,500 | $37,700 |
| 2019 | $984 | $46,400 | $9,500 | $36,900 |
| 2018 | $966 | $45,600 | $9,500 | $36,100 |
| 2017 | $948 | $44,700 | $9,500 | $35,200 |
| 2016 | $995 | $47,100 | $10,000 | $37,100 |
| 2014 | $888 | $44,400 | $10,000 | $34,400 |
| 2013 | $888 | $44,800 | $10,000 | $34,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/25/2025 11/25/25 | For Sale | $140,000 | +16.7% | -- | |
| 09/27/2023 09/27/23 | Sold | $120,000 | -4.0% | $62 / Sq Ft | View Prior Sale |
| 09/22/2023 09/22/23 | Pending | -- | -- | -- | |
| 07/10/2023 07/10/23 | For Sale | $125,000 | +318.1% | $65 / Sq Ft | |
| 05/10/2018 05/10/18 | Sold | $29,900 | 0.0% | $15 / Sq Ft | View Prior Sale |
| 04/11/2018 04/11/18 | Pending | -- | -- | -- | |
| 11/29/2017 11/29/17 | For Sale | $29,900 | -- | $15 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $120,000 | Meridian Title Corporation | |
| Deed | $29,900 | -- | |
| Warranty Deed | $29,900 | Empire Title Services |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22074783
APN: 33-12-10-410-130.000-016
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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