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Off market
  • $136,100

    1107 Lincoln Ave, New Castle, IN 47362

    --beds
    0baths
    2,640sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $136,100 Zestimate®
    $52/sqft
    $757 Estimated rent

    Home value

    $136,100

    $103,000 - $169,000

    $757/mo

    Zestimate® history
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    Owner options

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    $757/mo

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    $757/mo

    Rent Zestimate®

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    $866/mo

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    $866/mo

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    What's special

    Great Investment Opportunity! This duplex boasts a 10.8% cap rate with taxes,insurance, some owner paid utilities and the ave of last 4 years of repairs figured. The property is currently rented. Both sides are 3 bedroom with an optional 4th in each depending on tenant's layout. One unit is rented for $550 per month, tenant pays gas and electric, owner pays water. This tenant is on month-to-month rent. The other unit is rented for $900. Water, sewer and gas included. This tenant is under lese until Oct 2020 with an option for month-to-month upon lease expiration.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Other, Gas
    Features
    • Basement: Partial Basement, Unfinished
    Interior area
    • Total interior livable area: 2,640 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 6,098 Square Feet
    Details
    • Parcel number: 331215230239000016

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: City

    Community & HOA

    Location
    • Region: New Castle

    Financial & listing details

    • Price per square foot: $52/sqft
    • Tax assessed value: $58,600
    • Annual tax amount: $1,198

    Price history

    DateEventPrice
    12/15/2020Listing removed$69,900$26/sqft
    Source: FC Tucker/Crossroads Real Estate #10039152 Report a problem
    7/24/2020Listed for sale$69,900$26/sqft
    Source: F.C. Tucker/Crossroads Real Es #21727947 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,198 +3.8%$58,600 -2.2%
    2024$1,154 +25.4%$59,900 +3.8%
    2023$920 +2%$57,700 +25.4%
    2022$902 +3.9%$46,000 +2%
    2021$868 +1.9%$45,100 +3.9%
    2020$852 +1.7%$43,400 +1.9%
    2019$838 -4.5%$42,600 +3.6%
    2017$877 +8.8%$41,100 -1.9%
    2016$806 -3.1%$41,900 +0.7%
    2014$832 -7.1%$41,600 -35.9%
    2013$896 -34.6%$64,900 -5.3%
    2012$1,370 +95.6%$68,500 -16.3%
    2011$700 +1.7%$81,800 -0.6%
    2010$689 +1.9%$82,300 -3.5%
    2009$676 +41.2%$85,300 +0.2%
    2007$478 $85,100 +0.9%
    2006-- $84,300 +0.6%
    2005-- $83,800
    Find assessor info on the county website

    Neighborhood: 47362

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: New Castle Community

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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