NOT LISTED FOR SALE

707,709,709 1/2 Spring St New Castle, IN 47362

New Castle Neighborhood

Estimated Value: $106,000 - $229,895

3 Beds
1 Bath
2,875 Sq Ft
$59/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $173,000 $60 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,010/month

5 Days on Market

Highlights

  • Detached Garage
  • Porch
  • Multiple Water Heaters

About This Home

As of January 2022

INVESTMENT OPPORTUNITY! With three rental units, tons of square footage, and a four car garage, the income potential is great! The home itself features two units: one three bedroom apartment and a one bedroom apartment. The three bedroom apartment is over 2,000 square feet and includes a family room, dining room, half bathroom, kitchen, laundry room, and very large master bedroom on the main level. The second floor features two large bedrooms, huge closets, and a full bathroom. Back downstairs, the second unit is a one bedroom featuring a large living room, dining room, kitchen, full bathroom, and a laundry room. Outside you will find TWO, two car garages (shared wall). One garage access is via the driveway, and the other is via the alleyway. Above the garage is a nice two bedroom apartment that includes all appliances. Kitchen appliances included the main house as well. Updated gas furnace and water heater. Brand new exterior paint and other updates throughout. Great tenants are in place in the house and the above garage apartment is available for lease.

Last Agent to Sell the Property

Cara Huffman

FC Tucker/Crossroads Real Estate License #RB14039883 Listed on: 11/24/2021

FC Tucker/Crossroads Real Estate

Last Buyer's Agent

Susie Dudley

FC Tucker/Crossroads Real Estate

FC Tucker/Crossroads Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $824

Year Built

  • Built in 1928

Lot Details

  • 6,621

Parking

  • Detached Garage

Home Design

  • Triplex
  • Stick Built Home

Interior Spaces

  • 2,875 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Electric Range
  • Washer and Dryer Hookup
  • Basement

Utilities

  • Furnace
  • Separate Meters
  • Gas Available
  • Multiple Water Heaters

Additional Features

  • Porch
  • 6,621 Sq Ft Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$824

Year Built

Built in 1928

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 707,709,709 1/2 Spring Street
  • Second Address Number: 707,709,709 1/2
  • Estimated Year Built: 1928
  • Directions: From 3/38, north on 3 to Spring Street. East to property.
  • F I N A N C I N G O F F E R E D: Conventional, FHA
  • Geo Address Line: 709 1/2 Spring St
  • Geo Longitude: -85.376631
  • Geo Primary City: New Castle
  • Geo Quality: 0.95
  • Geo Subdivision: IN
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IN
  • Building Stories: 2
  • Taxes Half: 280
  • Number One Bed Units: 1
  • Number Three Bed Units: 1
  • Number Two Bed Units: 1
  • Split Utilities: Yes
  • Unit 1 Appliances: Range-Electric, Refrigerator, Washer/Dryer Hookup
  • Unit 1 Heat Type: Other
  • Unit 2 Appliances: Range-Electric, Refrigerator, Washer/Dryer Hookup
  • Unit 2 Heat Type: Other
  • Unit 3 Appliances: Range-Electric, Refrigerator, Washer/Dryer Hookup
  • Unit 3 Heat Type: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1928

Interior Features

  • Total Number Rooms: 16
  • Has Basement: Yes
  • Price Per S Q F T: 60.17
  • Basement Type: Triplex
  • Window Treatments Stay: Some

Exterior Features

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

Garage/Parking

  • Garage Type: Garage-Detached

Utilities

  • Sewer: City
  • Hot Water: City
  • Number Water Heaters: 3

Condo/Co-op/Association

  • Number of Units: 3

Fee Information

  • Tax Class: MULTI-FAMILY

Lot Info

  • Geo Update Timestamp: 2021-11-24
  • Estimated Number Acres: 0.152
  • Land Contract: No
  • Lot Size: .152

Multi Family

  • Number Furnaces: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jan 10, 2022
Sold by
Beacon Enterprises Llc
Bought by
Robison Kevin D
Seller's Agent
Cara Huffman
FC Tucker/Crossroads Real Estate
Buyer's Agent
Susie Dudley
FC Tucker/Crossroads Real Estate
List Price
$189,000
Sold Price
$173,000
Premium/Discount to List
-$16,000
-8.47%
Current Estimated Value
$168,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,026
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Jun 21, 2013
Sold by
Ventur Real Estate Llc
Bought by
Bondar Nick
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
Robison Kevin D $173,000 Empire Title Services Inc
Bondar Nick -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $173,000 -8.5% $60 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $189,000 -- $66 / 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 $824 $41,200 $16,800 $24,400
2023 $798 $39,900 $16,800 $23,100
2022 $588 $29,400 $8,400 $21,000
2021 $494 $24,700 $7,300 $17,400
2020 $549 $25,100 $7,300 $17,800
2019 $547 $64,500 $7,300 $57,200
2018 $1,471 $70,400 $6,700 $63,700
2017 $1,144 $54,300 $6,700 $47,600
2016 $1,115 $53,000 $6,500 $46,500
2014 $1,002 $50,100 $7,600 $42,500
2013 $1,002 $47,100 $7,500 $39,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Richmond Association of REALTORS®

MLS Number: 10042695

APN: 33-12-10-340-176.000-016