1940 Shopp Ave
New Castle, IN 47362
3 bd 2 ba 1,260 sqft Built 1900 Lot 4,356 sqft single_family
Most recent sale
$142,500
Dec 15, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 21, 2023 | Listing removed | — | RichmondIN |
| Dec 15, 2023 | Sold | $142,500 | IRMLS |
| Dec 15, 2023 | Listing removed | $139,900 | MIBOR |
| Nov 6, 2023 | Listed | $139,900 | RichmondIN |
| Feb 17, 2023 | Sold | $43,000 | MIBOR |
| Feb 17, 2023 | Listing removed | $49,900 | MIBOR |
| Jan 27, 2023 | Price changed | $49,900 | MIBOR |
| Jan 5, 2023 | Relisted | $55,900 | MIBOR |
| Jan 1, 2023 | Listing removed | — | MIBOR |
| Dec 16, 2022 | Price changed | $55,900 | MIBOR |
| Nov 25, 2022 | Price changed | $59,500 | MIBOR |
| Oct 7, 2022 | Listed | $59,900 | MIBOR |
| Sep 13, 2022 | Sold | $29,000 | Public Record |
| Mar 31, 2016 | Sold | $70,000 | Public Record |
| Oct 26, 2012 | Sold | $42,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $120,700 | $10,400 | $131,100 | $1,311 |
| 2020 | $59,900 | $2,300 | $62,200 | $80 |
| 2019 | $56,600 | $2,100 | $58,700 | $38 |
| 2018 | $56,100 | $2,100 | $58,200 | $34 |
| 2017 | $52,600 | $1,900 | $54,500 | $35 |
| 2016 | $52,100 | $1,900 | $54,000 | $31 |
| 2015 | $57,500 | $2,000 | $59,500 | $352 |
| 2013 | $54,900 | $2,000 | $56,900 | $500 |
| 2012 | $56,000 | $2,000 | $58,000 | $571 |
| 2011 | $54,400 | $2,000 | $56,400 | $2,290 |
| 2010 | $61,200 | $2,000 | $63,200 | $1,288 |
| 2008 | $64,200 | $2,000 | $66,200 | $1,926 |
Property facts
Year built
1900
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,260 sqft
Lot size
4,356 sqft
ZIP code
47362
City
New Castle
Street
Shopp Ave
Coordinates
39.93048, -85.36047
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$855
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1940 Shopp Ave last sell?
1940 Shopp Ave most recently sold on Dec 15, 2023 for $142,500.
What is the current tax assessment for 1940 Shopp Ave?
The most recent total assessment for 1940 Shopp Ave (year 2024) is $131,100 with $1,311 in property tax.
How does 1940 Shopp Ave's assessment compare to its last sale price?
The current assessment is 8.0% below the last sale price of $142,500.
When was 1940 Shopp Ave built?
1940 Shopp Ave was built in 1900.
How does 1940 Shopp Ave compare to others on Shopp Ave?
We track 8 other properties on Shopp Ave. Browse the list under "Other properties on Shopp Ave" to compare beds, baths, and sale history.
What are the property facts for 1940 Shopp Ave?
1940 Shopp Ave is a 3 bed, 2 bath, 1,260 sqft, 4,356 sqft lot single_family.
Is 1940 Shopp Ave a flip candidate?
Yes — 1940 Shopp Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1940 Shopp Ave a tax-appeal candidate?
No — 1940 Shopp Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.9%
Implied 1-yr
-3.6%
2026 Q3
$153.9K
2026 Q4
$152.5K
ZIP 47362 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Shopp Ave