NOT LISTED FOR SALE

611 Cherry St New Castle, IN 47362

Estimated Value: $324,000 - $362,194

5 Beds
3 Baths
3,724 Sq Ft
$92/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $243,900 $65 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,000/month

1 Day on Market

Highlights

  • 0.54 Acre Lot
  • Walk-In Closet
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • Storage

About This Home

As of August 2021

Quick, come see this charming, timeless home, tucked into the side of a hill & surrounded by woods. Enjoy a peaceful & private setting while conveniently located near all amenities. Enter the wide foyer that opens to a great room with wood burning fireplace. You will love the stainless countertops in the kitchen, newer stainless appliances & loads of storage. There is both a big breakfast nook & formal dining. A large main floor owner’s suite has a walk-in closet, well sized bathroom plus vanity area. The upstairs offers 3 additional bedrooms, full bath with dual sink vanity & a bonus room. The detached 2 car garage has its own heat & 200-amp service & exterior stairs to a room that could serve as storage or whatever you can dream up.

Last Agent to Sell the Property

Holly Thomas

Equity Partners License #RB19000569 Listed on: 06/24/2021

Last Buyer's Agent

Marla Bird

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,918

Year Built

  • Built in 1968

Lot Details

  • 0.54 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace
  • Storage
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Bungalow Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 331215310148000016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,918

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1968
  • Building Area Total: 3724
  • Garage Y N: Yes
  • Lot Size Acres: 0.54
  • Subdivision Name: BUNGALOW PARK
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Levels: One and One Half
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Walk-in Closet(s), Supplemental Storage
  • Other Equipment: Not Applicable
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 3724
  • Main Level Sq Ft: 1862
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1862

Exterior Features

  • Construction Materials: Brick, Wood
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Tankless

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 331215310148000016
  • Acres: 1/2-1 Acre
  • Lot Information: Tree Mature,Wooded
  • Lot Number: 12, 13
  • Lot Size: 23522

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1918
  • Semi Annual Property Tax Amt: 959
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: New Castle Community
  • Schools: New Castle High,New Castle Middle,Parker Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 20, 2021
Sold by
Bohm Derek A and Bohm Megan
Bought by
Wachter Roy and Wachter Treasa
Seller's Agent
Holly Thomas
Equity Partners
Buyer's Agent
Marla Bird
List Price
$247,900
Sold Price
$243,900
Premium/Discount to List
-$4,000
-1.61%
Current Estimated Value
$342,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,649
Avg. Annual Appreciation
8.36%
Original Mortgage
$231,705
Outstanding Balance
$210,429
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$132,120

Purchase Details

Listed on
Aug 12, 2019
Closed on
Oct 18, 2019
Sold by
Irish Julia E
Bought by
Bohm Derek A and Bohm Megan
Seller's Agent
Susan Falck-Neal
RE/MAX First Integrity
Buyer's Agent
Chris Dell
Horizon Real Estate of Indiana
List Price
$199,900
Sold Price
$187,500
Premium/Discount to List
-$12,400
-6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.73%
Original Mortgage
$178,125
Interest Rate
3.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Wachter Roy $243,900 None Available
Bohm Derek A $187,500 In Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wachter Roy $231,705
Previous Owner Bohm Derek A $178,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2021 08/05/21 Sold $243,900 -1.6% $65 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $247,900 +32.2% $67 / Sq Ft
10/18/2019 10/18/19 Sold $187,500 -6.2% $50 / Sq Ft View Prior Sale
09/08/2019 09/08/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $199,900 -- $54 / 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 $2,482 $248,200 $24,600 $223,600
2023 $2,198 $219,800 $24,600 $195,200
2022 $1,900 $190,500 $19,700 $170,800
2021 $1,877 $188,100 $19,700 $168,400
2020 $1,917 $183,200 $32,300 $150,900
2019 $1,691 $161,400 $14,200 $147,200
2018 $1,782 $169,500 $14,200 $155,300
2017 $1,913 $170,000 $14,200 $155,800
2016 $1,793 $167,400 $14,200 $153,200
2014 $1,616 $160,800 $14,200 $146,600
2013 $1,616 $164,700 $14,200 $150,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21794701

MIBOR Broker Listing Cooperative®

APN: 33-12-15-310-148.000-016