Located in a highly sought after community next to the University of Delaware and within walking distance to downtown Newark, this unique property offers a home with 3 bedrooms, 3 updated full baths, 1 half bath, 2 spacious living areas (one with a fireplace), an updated eat-in kitchen with granite counters and tile floor, main floor laundry, and multi-zone HVAC ~ PLUS a 2nd building on the property which was previously used as a daycare center. The 2nd building is approx. 575 sf. with 2 spacious rooms, 1 full and 1 half bath, kitchenette, and hook-up for washer/dryer. The current zoning code would allow for a customary home occupation use with a special use permit. Off-street parking for 4+ cars. The main house is over 2500 sf. and has a new Roof, new Hot Water Heater, New Heater, 1 new A/C unit, new windows throughout most of the house and new French doors in the Familyroom out to the Deck. Beautiful fenced in lot which is nicely landscaped. The house is much larger than it appears. The main house is currently has a transferable three unrelated person permit. Interested buyers need to check with the City of Newark for concerns or questions relating to the rental permit.
Single-familyProperty Type
1950Year Built
0.36 acresLot Size
$232Est. Price/Sq.Ft.
4 spacesParking
Listed by Jackie Ogden• Long & Foster Real Estate, Inc.
•302-351-5000 (broker)
•maggie@lnf.com (broker)
Bought with Beckie Barton• BHHS Fox & Roach-Concord
Buyers looking for a great neighborhood within walking distance to most University of Delaware facilities should take the time to see this unique home. The original Cape Cod was built in 1946 and was used by St. Thomas's Church. Over the years, additions have increased the square footage to over 2000 sq. ft. , so there's plenty of room for the imagination. This home offers a large eat-in kitchen, living room with wood fireplace and two bedrooms, both with full baths, one on the second floor. The addition included two more bedrooms, 1.1 baths and a 24' X 15' great room, all surrounding a large deck. A second building with over 500 sq. ft. , also on the property, was built as a garage years ago. The building was renovated and now has 1.1 baths and gas heat, private office, hobby and crafts room or storage area are all possibilities. The property offers plenty of privacy too; Church owned property on the "Grove" side and on the back side as well. Buyers interested in using this home as a residence may qualify for Newark's "Promoting Owner Occupancy of Homes" program, offering up to $30,000 in no interest loans used for purchasing a home with a valid rental permit. Yes, this home needs updating, but with some vision and improvements, this one could be a real gem in one of Newark's nicest areas! The property is currently used as a rental with a transferable three unrelated person permit. Interested buyers need to check with the City of Newark for concerns or questions about the rental permit. Property is being sold AS IS. Inspections are for informational purposes only. Owner will make no repairs.
Year
Property tax
Land + Additions
Assessment*
2025
$4,197 (+1.4%)
$82,100 + $389,500
$471,600
2024
$4,139 (+2.5%)
$82,100 + $389,500
$471,600
2023
$4,039 (+1.1%)
$16,400 + $95,300
$111,700
2022
$3,996 (+2.6%)
$16,400 + $95,300
$111,700
2021
$3,894 (+3.0%)
$16,400 + $95,300
$111,700
2020
$3,782 (+14.1%)
$16,400 + $95,300
$111,700
2019
$3,315 (+2.4%)
$16,400 + $95,300
$111,700
2018
$3,238 (+3.1%)
$16,400 + $95,300
$111,700
2017
$3,142 (+0.3%)
$16,400 + $95,300
$111,700
2016
$3,133 (+11.6%)
$16,400 + $95,300
$111,700
2014
$2,807
$16,400 + $95,300
$111,700
Tax history for 15 Indian Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,197 (+1.4%)
$82,100 + $389,500
$471,600
2024
$4,139 (+2.5%)
$82,100 + $389,500
$471,600
2023
$4,039 (+1.1%)
$16,400 + $95,300
$111,700
2022
$3,996 (+2.6%)
$16,400 + $95,300
$111,700
2021
$3,894 (+3.0%)
$16,400 + $95,300
$111,700
2020
$3,782 (+14.1%)
$16,400 + $95,300
$111,700
2019
$3,315 (+2.4%)
$16,400 + $95,300
$111,700
2018
$3,238 (+3.1%)
$16,400 + $95,300
$111,700
2017
$3,142 (+0.3%)
$16,400 + $95,300
$111,700
2016
$3,133 (+11.6%)
$16,400 + $95,300
$111,700
2014
$2,807
$16,400 + $95,300
$111,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.