$225,000

715 Broad St New Castle, IN 47362

Estimated payment $1,286/month

Total Views 8,729
3 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

This property is included in a larger portfolio where all properties are in New Castle, IN. The property offer 3 units each currently rented: - Unit 1: 575/month (1bed,1bath) - Unit 2: 600/month (1bed,1bath) - Unit 3: 600/month (1bed,1bath) Tenants pay all utilities.

Listing Agent

Justin Lowe

Ellsbury Commerical Group License #RB19001645 Listed on: 05/12/2025

Co-Listing Agent

David Orton

Ellsbury Commerical Group License #RB14052148

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,118

Year Built

  • Built in 1930

Parking

  • 2 Car Detached Garage

Home Design

  • Triplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • 1.5-Story Property
  • 6,882 Sq Ft Lot
  • Central Air
  • Basement

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 331215120133000016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,118

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1930
  • Co List Office Phone: 219-200-5133
  • Lot Size Acres: 0.16
  • On Market Date: 2025-05-12
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 75000
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One and One Half
  • Total Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • List Price: 225000
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Air
  • Solid Waste: No

Fee Information

  • Expenses: 5892

Lot Info

  • Lot Size Sq Ft: 6882
  • Parcel Number: 331215120133000016
  • Acres: <1/4 Acre
  • Price Acre: 1406250

Multi Family

  • Net Operating Income: 15407
  • Operating Expense: 5360
  • Gross Income: 21300
  • Insurance Expense: 531
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1118
  • Tax Lot: 6
  • Semi Annual Property Tax Amt: 559

Map

Range of Values:

Collateral Analytics

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ICE

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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

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 $1,118 $55,900 $13,200 $42,700
2023 $1,074 $53,700 $13,200 $40,500
2022 $870 $43,500 $6,600 $36,900
2021 $720 $36,000 $5,700 $30,300
2020 $745 $34,700 $5,700 $29,000
2019 $731 $34,000 $5,700 $28,300
2018 $705 $32,800 $5,200 $27,600
2017 $705 $32,800 $5,200 $27,600
2016 $687 $32,000 $5,100 $26,900
2014 $628 $36,200 $8,000 $28,200
2013 $628 $34,000 $7,800 $26,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 For Sale $225,000 0.0% --
08/04/2025 08/04/25 Off Market $225,000 -- --
05/12/2025 05/12/25 For Sale $225,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Available
Sheriffs Deed $44,954 None Available
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22037115

MIBOR Broker Listing Cooperative®

APN: 33-12-15-120-133.000-016