1829 S Main St New Castle, IN 47362

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3 beds · 1 bath · 1,981 sq ft · Lot Size: 8,060 sq ft · Single Family Home
Est. Property Value: $216,016

Valued above Market MedianOwned for Less Than 5 YearsOwner Age 55 - 65

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1829 S Main St is in the 47362 neighborhood of New Castle, IN. It is located in Henry County and ZIP code 47362. This Single Family Home was built in 1949 and is approximately 76 years old. The single family home spans 1981 sq ft with 3 bedrooms and 1 bathroom and sits on a 8060 sq ft lot. According to public records, it was last sold in 2021 for $134,900 and has a tax-assessed value of $127,800, which is $109 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1829 S Main St New Castle, IN 47362 with Property Intel by Whitepages.

1829 S Main St

New Castle, IN 47362

Owner Info

Owners & Occupancy for 1829 S Main St

This property is owned by David Scott Herron. Owner contact information includes 11 phone numbers and 5 email addresses.

Property Owners

Cell Phone(765) ***-****View Cell Phone
Residence**************
Landline(765) 529-6864
Distance from Property**********
Email Address************@comcast.netView Email
Other owned properties (1)
View All Owner Info

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 61
Resident 2****************** age 59

Property Financials for 1829 S Main St

1829 S Main St, New Castle, IN has a mortgage from Union Svgs Bk (orig. January 04, 2024). The Henry county assessment for 2023 values it at $127,800, with annual taxes of $1,278.

Mortgage & Equity Information

Loan Amount$*****
LenderUnion Svgs Bk
Origination DateJanuary 04, 2024
Interest Rate****%
Term10 Years
Rate TypeAdjustable
Est Balance$********
Due Date****************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateMarch 05, 2021
Property Tax Amount$1,278 in 2023
Purchase Price$134,900
Assessed Value$127,800 on 2023

Investment Potential for 1829 S Main St

The property has a current estimated value of $216,016, which is 28% above the zip median, based on public records. It last sold on March 05, 2021 for $135K. Projected long-term
is $25,800 annually ($2,150 per month) with a 84% occupancy rate.

Discover more Single Family Homes in 47362.
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Long-Term

Gross Rental
$25,800 per year($2,150 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
View Cap Rate
Occupancy Rate
84%in 47362 zip code
 
View Rental Potential

Property Details for 1829 S Main St

Property Details

Property Sq Ft

Living Area

1,981 sq ft

28% above market

Lot Size

8,060 sq ft

50% below market

Price Per Sq Ft

Living Area

$109 / sq ft

1% below market

Lot Size Area

$27 / sq ft

137% above market

Property condition, age, exterior, etc. for 1829 S Mai…
Longitude: -85.371088 Latitude: 39.913393 Parcel Number (APN): 33-12-22-210-372.000-016…

Recommended Properties in 47362

Discover more single family homes near 1829 S Main St in New Castle, Indiana. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1829 S Main St in Henry County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$216,016
$209,373
$6,644 (3%)
$******
$300,179
$243,792 (81%)
YoY Price Change
****%
3.01%
882%
Year Built
1949
1972
-23 years
Living Space
1,981 sq ft
1,582 sq ft
399 (25%)
$ Per Living Sq Ft
$109
$133
-$24 (-18%)
Lot Size
8,060 sq ft
12,807 sq ft
-4747 (-37%)
$ Per Lot Sq Ft
$27
$15
$11 (75%)

Net Operating Income
$*****
$17,636
$1,852 (11%)
Annual Revenue
$25,800
$24,600
$1,200 (5%)
$****
$6,411
-$99 (-2%)
Net Operating Income
$*****
$17,636
$1,852 (11%)
Cap Rate
****%
8.22%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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