5486 Old State Road 103, New Castle, IN 47362-9643


MLS ID: #201810227
Price: $ 399,900
Sq Ft: 1,120
Lot Size: 24.12 Acres
Year Built: 1950
Bedrooms: 3
Bathrooms: 1
Taxes: $ 480
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All showings must be scheduled and all buyers must be pre-qualified. Owner does not want to disturb the current tenants unless a serious buyer. See documents for additional information on lot rents, expenses, and property data This parcel may be split, appox. 20 acres (14 acre pond, land, and home) for $120,000.00, but mobile home park cannot be sold unless remaining land is sold. Property is in a flood zone. Seller would consider a contract sale with credit worthy buyer and and strong down payment. 2 billboards on property are leased for 90 year term, owner retained income. Mobile home to east of home, does not have title. Seller can remove from lot if desired. This sits on what would be a 14 lot park but cannot be occupied in current condition unless septic is modified.

MLS ID: 201810227


# of Units 14
Price Per Unit 28,564.290
Above Grade Finished SF 1,120
Combined Finished SF 1,120
Below Grade Finished SF 1,120
Below Grade Unfinished SF 1,120
Total Below Grade SF 1,120
Total Sq Ft 2,240
Lot Dimensions 1000x1050
Approx Lot Size SqFt 1,050,537
Approx Lot Size Acres 24.1170
Garage SF 0
Water Front Yes
Water Front Type Pond
Style Other
New Construction No
Elementary School Tri-Elementary
Middle School Tri
Senior Tri Jr-Sr
District South Henry School Corp.
# Bedrooms 3
# of Full Baths 1
# of Half Baths 0
Laundry Room 30 x
Annual Gross Rent Income $48,300.00
Annual Sewer Expense $0.00
Annual Fuel Expense $0.00
Annual Electric Expense $1,200.00
Annual Trash Expense $960.00
Annual Property Tax $3,115.64

Listing Office: ERA Integrity Real Estate

Listing Agent: Susan Neal


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