1805 H Avenue

New Castle, IN 47362

$137,500
Last Sold Price
8
Beds
4
Baths
655 Sq. Ft.
$210 / Sq. Ft.
655
Sq. Ft.
$210
per Sq. Ft.

Description

Great investment alert! This quadplex would be an exceptional addition to any investor's portfolio. Each unit is a 2 bedroom/ 1 bath with its own water heater and furnace and separated meters. Tenants pay electric and owner pays W/T/S. Every unit is currently rented at $575 on a year lease.Great investment alert! This quadplex would be an exceptional addition to any investor's portfolio. Each unit is a 2 bedroom/ 1 bath with its own water heater and furnace and separated meters. Tenants pay electric and owner pays W/T/S. Every unit is currently rented at $575 on a year lease.
  1. Listed by Heather Clemmons • Starr Real Estate

Property Details for 1805 H Avenue

Style
One Story
Subdivision
None
Waterfront
No
Pet Restrictions
Yes

Location

Listing Courtesy of Starr Real Estate

Sold By eXp Realty, LLC

Add your commute
LISTING UPDATED: 07/04/2023 02:04 AM

Property Details for 1805 H Avenue

StatusSold
MLS #202236751
Days on Market231
Taxes$906 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Fourplex
Year Built1900
Lot Size0.12 AC / 5,271 SF
CountyHenry County

Location

Listing Courtesy of Starr Real Estate

Sold By eXp Realty, LLC

Add your commute

Building Information for 1805 H Avenue

Stories1Residences4Year Built1900Building Size-Lot Size0.12 AC / 5,271 SF

Payment Calculator

$826 per month

30 year fixed, 7.25% Interest

Principal and Interest

$750

Property Taxes

$76

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1805 H Avenue

Summary
Location and General Information
  • Area: Henry County
  • City: New Castle
  • Zip + 4: 2622
  • Zip Code: 47362
  • State: IN
  • Township: Henry
  • Fips Code: 18065
  • Directions To Property: SR 3 S, turn left onto Indiana Ave, turn right onto 18th St, turn left on H Ave property is the corner lot
  • Location: City/Town/Suburb
Taxes and HOA
  • Assessed Value $: $.00
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2020
  • Parcel Number Id: 33-12-14-330-281.000-016
School Information
  • School District: New Castle Community School Corp.
  • Elementary: Eastwood
  • Middle School: New Castle
  • High School: New Castle
Parking
  • Number Of Parking Spaces: 8
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fourplex
  • Approx Lot Size Acres: 0.12
  • Lot Dimensions: 40X132
  • Lot Number: 314
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 655.0
  • Approx Lot Size Sqft: 5271.0
  • Above Grade Finished Sqft: 655.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 655.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 123
  • Documents Available: LBP Form, Sellers Disclosure
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Off Street Parking, Cable Available, Countertops-Laminate, Water Heater Electric, Washer Hook-Up
  • Exterior: Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Shingle
Interior Features
  • Number of Electric Meters: 4
  • Number of Gas Meters: 0
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 0
  • Number of Refrigerators: 0
  • Number of W/D Hookups: 4
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement: No
  • Basement/Foundation: Crawl
  • Cooling: Central Air
  • Flooring: Mixed
  • Heating/Fuel: Electricity, Forced Air
  • Stories: 1
  • Number of Above Grade Bedrooms: 8
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 8
  • Total Number of Full Baths: 4
  • Total Number of Half Baths: 0
  • Total Baths: 4
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 0
  • Num Of 2 Bedrooms: 4
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 4
  • Number of Units: 4
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $27,600
  • Annual Insurance Expense: $822
  • Annual Maint. Expense: $1,200
  • Annual Misc: $0
  • Annual Net Income: $22,672
  • Annual Property Tax: $906
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $2,000
  • Gross Monthly Income: $2,300
  • Gross Monthly Rent: $2,300
Unit Information
Unit 1
  • Unit 1 SqFt: 655
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 2
  • Unit 1-Num of Rooms: 4
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Deposit Amount: $550.00
  • Unit 1-Electric: Tenant
  • Unit 1-Garage: No
  • Unit 1-Gas: None
  • Unit 1-Laundry Room: Kitchen
  • Unit 1-Lease Exp Date: 05-30-2023
  • Unit 1-Level: Main
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: 1805
  • Unit 1-Unit Rent $: $575
Unit 2
  • Unit 2 SqFt: 655
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 4
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: No
  • Unit 2-Deposit Amount: $575.00
  • Unit 2-Electric: Tenant
  • Unit 2-Garage: No
  • Unit 2-Gas: None
  • Unit 2-Laundry Room: Kitchen
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: 1807
  • Unit 2-Unit Rent $: $575
Unit 3
  • Unit 3 SqFt: 655
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 2
  • Unit 3-Num of Rooms: 4
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: Yes
  • Unit 3-Deposit Amount: $575.00
  • Unit 3-Electric: Tenant
  • Unit 3-Garage: No
  • Unit 3-Gas: None
  • Unit 3-Laundry Room: Kitchen
  • Unit 3-Lease Exp. Date: 05-30-2023
  • Unit 3-Level: Main
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: 1809
  • Unit 3-Unit Rent $: $575
Unit 4
  • Unit 4 SqFt: 655
  • Unit 4-Num of Bedrooms: 2
  • Unit 4-Num of Rooms: 4
  • Unit 4-Basement: No
  • Unit 4-Currently Rented: Yes
  • Unit 4-Deposit Amount: $575.00
  • Unit 4-Electric: Tenant
  • Unit 4-Garage: No
  • Unit 4-Gas: None
  • Unit 4-Laundry Room: Kitchen
  • Unit 4-Lease Exp Date: 03-30-2023
  • Unit 4-Level: Main
  • Unit 4-Rent Frequency: Monthly
  • Unit 4-Unit Number: 1811
  • Unit 4-Unit Rent $: $575
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric

Property History for 1805 H Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1805 H Avenue

Taxable ValueLand$8,600Additions$33,200Total$41,800
Tax Record2022$850 ($71 / month)
Home Facts
Total Finished SqFt2,620 SqFtAbove Grade Finished SqFt2,620 SqFtStories1Lot Size5,271 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyHENRYAPN33-12-14-330-281.000-016

Schools near 1805 H Avenue

This home is within New Castle Community Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Public - PK to 6
Public - K to 4
Rating
School
Distance
Parker Elementary School
PublicK to 6

New Castle High School
Public7 to 12

Eastwood Elementary School
PublicPK to 6

Sunnyside Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Starr Real Estate

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.