$86,500
SOLD NOV 11, 2024

505 S 18th St New Castle, IN 47362

-- Bed
-- Bath
3,232 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

13% Below List Price

11 Days on Market

Highlights

  • Covered Patio or Porch
  • 2 Car Detached Garage
  • 3-minute walk to Murphey Park

About This Home

As of November 2024

Add this 1.5 story triplex to your portfolio today! It features *3* 1 bed/1 bath units. Unit 505: $550 rent, $550 deposit. Unit 507: $550 rent, $550 deposit. Unit 509: $500 rent, $500 deposit. Tenants pay gas and electric. It has covered front porches, a full basement for easy access to systems, concrete driveway, and a 2 car detached garage.

Last Agent to Sell the Property

Heather Clemmons

Starr Real Estate License #RB14039183 Listed on: 10/04/2024

Last Buyer's Agent

MEMBER NON-MLS

NON-MLS MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,434

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 55x113

Parking

  • 2 Car Detached Garage

Home Design

  • Triplex
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,232 Sq Ft Home
  • 1.5-Story Property
  • Basement

Additional Features

  • Covered Patio or Porch
  • Separate Meters

Community Details

  • 3 Units

Listing and Financial Details

  • $200 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,434

Year Built

Built in 1900

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 505 S 18th St
  • Second Address Number: 505
  • Estimated Year Built: 1900
  • Geo Address Line: 505 S 18th St
  • Geo Longitude: -85.363197
  • Geo Primary City: New Castle
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 1.5
  • Number One Bed Units: 3
  • Split Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1900

Interior Features

  • Total Number Rooms: 9
  • Has Basement: Yes
  • Price Per S Q F T: 26.76
  • Basement Type: Triplex

Exterior Features

  • Exterior Construction: Stick
  • Exterior: Vinyl
  • Foundation: Basement
  • Porch/Deck Type: Covered, Porch

Garage/Parking

  • Garage Type: Garage-Detached, 2

Utilities

  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Number of Units: 3

Fee Information

  • Tax Class: MULTI-FAMILY

Lot Info

  • Geo Update Timestamp: 2024-10-04
  • Estimated Number Acres: 0.14
  • Land Contract: No
  • Lot Size: 55x113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Nov 6, 2024
Sold by
Short Brian Jeffrey
Bought by
West Main Llc
Seller's Agent
Heather Clemmons
Starr Real Estate
Buyer's Agent
MEMBER NON-MLS
NON-MLS MEMBER
List Price
$99,900
Sold Price
$86,500
Premium/Discount to List
-$13,400
-13.41%
Views
25
Current Estimated Value
$86,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432
Avg. Annual Appreciation
-3.39%

Purchase Details

Closed on
May 6, 2022
Sold by
Thompson Richard L
Bought by
Jeffrey Short Brian

Purchase Details

Closed on
Sep 8, 2009
Sold by
Thompson Richard L
Bought by
State Of Indiana
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 Type Sale Price Title Company
Deed $86,500 Security Title Services
Deed $70,000 Inidana Home Title
Warranty Deed $1,650 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2024 11/11/24 Sold $86,500 -13.4% $27 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $99,900 -- $31 / Sq Ft
Source: Richmond Association of REALTORS®

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 $1,434 $71,700 $15,600 $56,100
2023 $1,412 $70,600 $15,600 $55,000
2022 $1,198 $60,200 $3,900 $56,300
2021 $1,037 $51,700 $3,400 $48,300
2020 $1,038 $50,100 $3,400 $46,700
2019 $1,071 $49,100 $3,400 $45,700
2018 $1,041 $47,800 $3,100 $44,700
2017 $1,038 $47,600 $3,100 $44,500
2016 $882 $41,300 $2,800 $38,500
2014 $885 $42,800 $3,000 $39,800
2013 $885 $41,000 $3,000 $38,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10049606

APN: 33-12-14-130-185.000-016