1420 Indiana Ave New Castle, IN 47362
New Castle NeighborhoodEstimated payment $770/month
Total Views
8,487
3
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
INVESTOR SPECIAL! 1420 Indiana Ave, New Castle, IN presents a fantastic opportunity! This duplex offers immediate income potential. Each of the two units features comfortable living spaces. One unit boasts 3 bedrooms and 2 bathrooms, while the other offers 3 bedrooms and 1 bathroom. Built in 1945, this property retains its classic charm while offering a solid investment in a convenient location. Situated on a 0.05-acre lot, it provides manageable outdoor space. Property Highlights: Two Units: Ideal for maximizing rental income or owner-occupancy with rental income. Unit 1: 3 Bedrooms, 2 Bathrooms Unit 2: 3 Bedrooms, 1 Bathroom Year Built: 1945 Lot Size: Approximately 1,960 sq ft (0.05 acres) Basement: Yes Tax Year: 2024 Semi-Annual Property Tax: Approximately $533 (for 2024) School District: New Castle Community School Corp Convenient Location: Located in New Castle, offering access to local amenities. Investment Opportunity: New Castle offers an affordable entry point into the real estate market. Also apart of a larger portfolio being offered at $900,000 (all properties in New Castle, IN)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,066
Year Built
- Built in 1945
Home Design
- Duplex
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- 2-Story Property
- 1,960 Sq Ft Lot
- Central Air
- Basement
Listing and Financial Details
- The owner pays for sewer, water
- Legal Lot and Block 2 / 2
- Assessor Parcel Number 331215220208000016
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,066 | $53,300 | $7,500 | $45,800 |
| 2023 | $1,020 | $51,000 | $7,500 | $43,500 |
| 2022 | $866 | $43,300 | $3,800 | $39,500 |
| 2021 | $718 | $35,900 | $3,300 | $32,600 |
| 2020 | $729 | $34,500 | $3,300 | $31,200 |
| 2019 | $715 | $33,800 | $3,300 | $30,500 |
| 2018 | $693 | $32,800 | $3,000 | $29,800 |
| 2017 | $693 | $32,800 | $3,000 | $29,800 |
| 2016 | $653 | $30,900 | $2,900 | $28,000 |
| 2014 | $644 | $36,400 | $3,400 | $33,000 |
| 2013 | $644 | $32,200 | $3,300 | $28,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $125,000 | 0.0% | -- |
| 08/05/2025 08/05/25 | Off Market | $125,000 | -- | -- |
| 05/12/2025 05/12/25 | For Sale | $125,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Similar Homes in New Castle, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22037072
APN: 33-12-15-220-208.000-016
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