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2500 Grand Avenue

2500 Grand Avenue, New Castle, IN 47362
Property in Henry
Local assessors in New Castle, IN have categorized 2500 Grand Avenue as a commercial type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 18,905 square feet. The linear feet between the front and back of the lot was measured at 1,628 ft and the front of the lot was measured at 1,160 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2500 Grand Avenue has a total of 2,652 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 2500 Grand Avenue is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home has been utilizing gas for fuel. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2500 Grand Avenue sold most recently in Jul 29, 2021 for a total of $450,000. If you work out the math, that's approximately a cost of $169.68 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,304 in taxes each year. 2500 Grand Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $136,900. If we break it down further, the land itself was valued at $27,100. Improvements to the property, however, were assessed at a total of $109,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,905
  • Lot Size Depth Feet: 1,628
  • Lot Size Frontage Feet: 1,160
  • Total Building Area: 2,652
  • Gross Building Area: 2,652
  • Building Area: 2,652
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,652
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: ADAMS ADDITION
  • Land Acres: 0.434
  • Standard Land Use Code: Convenience store
  • Legal Description 1: ADAMS ADD LOT 1 & PT W 1/2 SE 1/4 14-17-10 .196A

Ownership

  • Current Owner : SG GROUP LLC
  • Previous Owner : ADMIRAL REAL ESTATE I LLC
  • Owner Before Previous Owner: RI CS3 LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New Castle Community School Corporation
  • Census Tract: 976500

Geography

  • Account Number: 0303010100
  • District: 0007
  • Section: 14
  • Parcel: 33-12-14-430-209.000-016
  • Lot: 1
  • Meridian: SEC 14 TWN 17 RNG 10
  • Municipality: HENRY TOWNSHIP
  • Latitude: 39.9191
  • Longitude: -85.3537

    Address

  • Full Address: 2500 Grand Ave
  • Address - House Number: 2500
  • Address - Street Name: Grand
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: New Castle
  • Carrier Code: C009
  • 4-Digit Zip Code: 5301
  • Zip Code: 47362

Valuation

    Tax

  • Total Area: 2,652
  • Tax Year: 2022
  • Tax Amount: $6,304
  • Tax Rate Code Area: 30:NEW CAS

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Aug 03, 2021
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 29, 2026

    Market Valuation

  • Market Total Value: $136,900
  • Market Land Value: $27,100
  • Market Improvement Value: $109,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,900
  • Assessed Land Value: $27,100
  • Assessed Improvements Value: $109,800

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Transaction ID: 11848892623
  • Current Sale Price: $450,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 202105881
  • Previous Sale Recording Date: Jul 10, 2018
  • Previous Sale Contract Date: Jun 26, 2018
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK
  • First Mortgage Transaction Date: Aug 03, 2021
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Jul 29, 2026

About New Castle



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Frequently Asked Questions

What neighborhood is 2500 Grand Avenue located in?
The 2500 Grand Avenue is a located in the neighborhood of Henry in New Castle, New Castle.
What is the average sales price for listings in 2500 Grand Avenue?
The average sales price for units in 2500 Grand Avenue is $0 currently.

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