NOT LISTED FOR SALE

507 N 14th St New Castle, IN 47362

New Castle Neighborhood

Estimated Value: $69,000 - $219,000

4 Beds
2 Baths
1,548 Sq Ft
$80/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $40,000 $26 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $778/month

3 Days on Market

Highlights

  • Corner Lot
  • 1 Car Attached Garage
  • Storm Windows
  • Porch
  • Eat-In Kitchen
  • Crown Molding

About This Home

As of April 2019

Great Investment Opportunity! New in the last two or three years, pex water supply lines, two water heaters and gutters with screens. Unit 507 is a blank slate ready to be remodeled, a new furnace with central air was installed in 2018.

Last Agent to Sell the Property

Brady Lightfoot

RE/MAX First Integrity Listed on: 03/22/2019

RE/MAX First Integrity

Co-Listed By

Scott Lightfoot

RE/MAX First Integrity

Last Buyer's Agent

Lisa Lovell

Happy Homes Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1972

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 151x79
  • Corner Lot
  • Level Lot
  • Irregular Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,548 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Crawl Space
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Schools

  • Wilbur Wright Elementary School
  • New Castle Middle School
  • New Castle High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Radiant Ceiling
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Porch
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electric, heating, snow removal
  • The owner pays for sewer, tax, trash collection, water
  • Assessor Parcel Number 33-12-10-420-119.000-016

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$900

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1972
  • Age: 47
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Wimmers Sub. Div Lots 55 & 56 Consv |
  • Parcel Number ID: 33-12-10-420-119.000-016
  • Platted: Yes
  • Amenities: Off Street Parking, Cable Available, Countertops-Laminate, Crown Molding, Detector-Smoke, Eat-In Kitchen, Garage Door Opener, Porch Open, Storm Doors, Storm Windows, Water Heater Electric
  • Location: City/Town/Suburb
  • Sp Lp Percent: 89.09
  • Monthly Gross Income: 1100
  • Year Taxes Payable: 2019
  • Special Features: None

Interior Features

  • Total Sq Ft: 1548
  • Total Finished Sq Ft: 1548
  • Above Grade Finished Sq Ft: 1548
  • Price Per Sq Ft: 25.84
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl Tile
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking: Garage, Off Street, Street

Utilities

  • Cooling: Window
  • Heating Fuel: Electricity, Baseboard, Ceiling
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: New Castle Utility
  • Hvac: Zoned Heating
  • Number Electric Meters: 2
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: New Castle Community School Corp.
  • Elementary School: Wilbur Wright
  • Middle School: New Castle
  • High School: New Castle
  • Elementary School: Wilbur Wright

Lot Info

  • Lot Description: Corner, Irregular, Level
  • Lot Dimensions: 151x79
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Green Features

  • Energy Efficient: Insulation
  • Energy Efficient Windows/Doors: Storm Doors, Storm Windows

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric, Heating, Snow Removal

Multi Family

  • Gross Monthly Rent: 1100
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 900

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

Listed on
Mar 22, 2019
Closed on
Apr 19, 2019
Sold by
Byrd David M and Byrd Wanda S
Bought by
Boring Jason M and Boring Lindsay N
Seller's Agent
Brady Lightfoot
RE/MAX First Integrity
Buyer's Agent
Lisa Lovell
Happy Homes Real Estate
List Price
$44,900
Sold Price
$40,000
Premium/Discount to List
-$4,900
-10.91%
Current Estimated Value
$123,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,399
Avg. Annual Appreciation
12.84%
Original Mortgage
$30,000
Outstanding Balance
$26,695
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$57,589
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
Boring Jason M $40,000 Empire Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boring Jason M $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $40,000 -10.9% $26 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $44,900 -- $29 / 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 $1,088 $54,400 $6,200 $48,200
2023 $1,050 $52,500 $6,200 $46,300
2022 $864 $43,200 $4,100 $39,100
2021 $878 $43,900 $4,100 $39,800
2020 $921 $43,900 $4,100 $39,800
2019 $949 $43,100 $4,100 $39,000
2018 $884 $42,200 $4,100 $38,100
2017 $938 $44,800 $4,100 $40,700
2016 $985 $47,200 $4,300 $42,900
2014 $930 $46,500 $4,300 $42,200
2013 $930 $44,600 $4,300 $40,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brady Lightfoot

    RE/MAX First Integrity

    (765) 524-3411

    18 in this area

    46 Total Sales

    Brady Lightfoot
    Section Image
  • Scott Lightfoot

    Seller Co-Listing Agent in 2019

    Scott Lightfoot

    RE/MAX First Integrity

    (765) 524-3937

    21 in this area

    53 Total Sales

    Scott Lightfoot
    Section Image

  • L

    Buyer's Agent in 2019

    Lisa Lovell

    Happy Homes Real Estate

    (765) 520-8008

    51 in this area

    63 Total Sales

    Lisa Lovell
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201910043

Indiana Regional MLS

APN: 33-12-10-420-119.000-016

Indiana Henry County New Castle 47362 New Castle

507 N 14th St, New Castle, IN

This home is located at 507 N 14th St, New Castle, IN 47362 since 22 March 2019 and is currently estimated at $123,399, approximately $79 per square foot. This property was built in 1972. 507 N 14th 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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