L
Seller's Agent in 2023
Lisa Lovell
Happy Homes Real Estate
(765) 520-8008
49 in this area
60 Total Sales
925 S Main St New Castle, IN 47362
Estimated Value: $115,000 - $177,000
4
Beds
4
Baths
2,434
Sq Ft
$60/Sq Ft
Est. Value
Highlights
- Active Adult
- Ceiling Fan
- Partially Fenced Property
- Covered Patio or Porch
- Baseboard Heating
- Level Lot
About This Home
As of February 2023Selling AS IS 4 unit apartment complex (one bedroom each)with paid up renters. Apts come furnished with stove and refrigerators and window a/c units. At present time each tenant pays $550.00 rent. Owner pays water sewage and trash. Each apt is on separate Electric meters but Owner pays all utilities. Tenant are all on a month to month lease. Parking in front on street or in the back. Low water bill est $120.00 per month. Washer/Dryer unit in basement available for tenants. Roof only 2 years old. Water Heater 3 years old. 24 hour notice Day sleeper in 927 All units in very good condition. Buyers welcome to do inspections but seller unable to make repairs of any. Price reflects that!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,476
Year Built
- Built in 1900
Lot Details
- 4,487 Sq Ft Lot
- Lot Dimensions are 50x90
- Partially Fenced Property
- Privacy Fence
- Level Lot
Home Design
- Quadruplex
- Poured Concrete
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 1.5-Story Property
- Ceiling Fan
- Fire and Smoke Detector
- Laminate Countertops
- Washer Hookup
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 6 Parking Spaces
- Gravel Driveway
- On-Street Parking
- Off-Street Parking
Schools
- Parker Elementary School
- New Castle Middle School
- New Castle High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Gas Water Heater
- Cable TV Available
Additional Features
- Covered Patio or Porch
- Suburban Location
Listing and Financial Details
- Homestead Exemption
- Tenant pays for cable
- The owner pays for building insurance, electric, heating, lawn maintenance, maintenance, sewer, snow removal, tax, trash collection, water
- Assessor Parcel Number 33-12-15-410-225.000-016
Community Details
Overview
- Active Adult
- 4 Units
Building Details
- 6 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $6,200
- Fuel Expense $337
- Insurance Expense $837
- Maintenance Expense $1,500
- Water Sewer Expense $1,526
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2022
Closed on
Feb 1, 2023
Sold by
Simmons Richard D
Bought by
Kut Masters Lawn Care Services Llc
Seller's Agent
Lisa Lovell
Happy Homes Real Estate
Buyer's Agent
Lisa Lovell
Happy Homes Real Estate
List Price
$169,000
Sold Price
$120,000
Premium/Discount to List
-$49,000
-28.99%
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,841
Avg. Annual Appreciation
5.72%
Purchase Details
Closed on
May 22, 2006
Sold by
Denney Robert S
Bought by
Simmons Richard D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.56%
Mortgage Type
Commercial
Purchase Details
Closed on
May 18, 2006
Sold by
Denney Ronnie M and Denney Kimberly K
Bought by
Simmons Richard D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.56%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kut Masters Lawn Care Services Llc | $120,000 | Atlantis Title Services Inc | |
| Simmons Richard D | -- | None Available | |
| Simmons Richard D | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Simmons Richard D | $20,000 | |
| Previous Owner | Simmons Richard D | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2023 02/01/23 | Sold | $120,000 | -22.5% | $49 / Sq Ft |
| 12/29/2022 12/29/22 | Price Changed | $154,900 | -8.3% | $64 / Sq Ft |
| 10/25/2022 10/25/22 | For Sale | $169,000 | 0.0% | $69 / Sq Ft |
| 10/16/2022 10/16/22 | Pending | -- | -- | -- |
| 10/12/2022 10/12/22 | For Sale | $169,000 | 0.0% | $69 / Sq Ft |
| 10/05/2022 10/05/22 | Pending | -- | -- | -- |
| 09/20/2022 09/20/22 | For Sale | $169,000 | -- | $69 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,476 | $73,800 | $14,300 | $59,500 |
| 2023 | $163 | $73,800 | $14,300 | $59,500 |
| 2022 | $0 | $61,200 | $7,200 | $54,000 |
| 2021 | $0 | $50,700 | $6,200 | $44,500 |
| 2020 | $69 | $48,700 | $6,200 | $42,500 |
| 2019 | $69 | $47,800 | $6,200 | $41,600 |
| 2018 | $66 | $46,200 | $5,700 | $40,500 |
| 2017 | $66 | $46,100 | $5,700 | $40,400 |
| 2016 | $63 | $41,600 | $5,600 | $36,000 |
| 2014 | -- | $40,800 | $6,500 | $34,300 |
| 2013 | -- | $38,400 | $6,400 | $32,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Lovell
Map
Source: Indiana Regional MLS
MLS Number: 202239233
APN: 33-12-15-410-225.000-016
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