316 Park Ave New Castle, IN 47362
New Castle Neighborhood
4
Beds
1.5
Baths
1,642
Sq Ft
6,621
Sq Ft Lot
Highlights
- Traditional Architecture
- Corner Lot
- Forced Air Heating System
About This Home
As of June 2025Investor Special – Total rehab opportunity in prime location! This vacant home sits in the heart of town, offering unmatched potential for renovation and return on investment. With solid bones and classic architecture, this property is a blank canvas awaiting your vision. Whether you're looking to restore and flip or create a custom dream home, the possibilities are endless. Located just minutes from downtown shops, dining, parks, and schools, the home offers a rare opportunity to invest in a high-demand area. Full rehab needed – bring your contractor and creative plans. Property Highlights: 4 Bedrooms / 1.5 Bathrooms; Approx. 1402 Sq Ft of interior space; Generous lot with backyard potential. Sold AS-IS. Cash or renovation loans only. Don’t miss your chance to transform this diamond in the rough into a standout property in a central location.
Last Agent to Sell the Property
F.C. Tucker/Crossroads Real Estate Brokerage Phone: 765-465-3797 Listed on: 05/19/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1900
Lot Details
- 6,621 Sq Ft Lot
- Lot Dimensions are 50x132
- Corner Lot
- Level Lot
Home Design
- Traditional Architecture
- Shingle Roof
Interior Spaces
- 2-Story Property
- Partially Finished Basement
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
Location
- Suburban Location
Schools
- Parker Elementary School
- New Castle Middle School
- New Castle High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 33-12-15-440-121.000-016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2023
Closed on
Oct 27, 2023
Sold by
Piercy Paul A
Bought by
Gray Teia M
Seller's Agent
Daniel Kinnaird
RE/MAX First Integrity
Buyer's Agent
Karen Burke
ERA Integrity
List Price
$17,000
Sold Price
$15,000
Premium/Discount to List
-$2,000
-11.76%
Views
42
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
127.18%
Similar Homes in New Castle, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $15,000 | Empire Title Services Inc |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Sold | $37,900 | -24.0% | $23 / Sq Ft |
| 05/21/2025 05/21/25 | Pending | -- | -- | -- |
| 05/19/2025 05/19/25 | For Sale | $49,900 | +232.7% | $30 / Sq Ft |
| 10/27/2023 10/27/23 | Sold | $15,000 | -11.8% | $11 / Sq Ft |
| 10/21/2023 10/21/23 | Pending | -- | -- | -- |
| 10/19/2023 10/19/23 | For Sale | $17,000 | -- | $12 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,130 | $56,500 | $16,800 | $39,700 |
| 2023 | $487 | $54,500 | $16,800 | $37,700 |
| 2022 | $426 | $42,600 | $8,400 | $34,200 |
| 2021 | $357 | $35,700 | $7,300 | $28,400 |
| 2020 | $411 | $38,300 | $7,300 | $31,000 |
| 2019 | $404 | $37,600 | $7,300 | $30,300 |
| 2018 | $270 | $36,300 | $6,700 | $29,600 |
| 2017 | $290 | $40,000 | $6,700 | $33,300 |
| 2016 | $399 | $51,200 | $6,500 | $44,700 |
| 2014 | $312 | $50,100 | $7,600 | $42,500 |
| 2013 | $312 | $47,100 | $7,500 | $39,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Burke
Seller's Agent in 2025
Kimberly Burke
F.C. Tucker/Crossroads Real Estate
(254) 653-7974
31 in this area
69 Total Sales
-
Krista Gibson
Buyer's Agent in 2025
Krista Gibson
RE/MAX First Integrity
(765) 524-4013
203 in this area
318 Total Sales
-
Daniel Kinnaird
Seller's Agent in 2023
Daniel Kinnaird
RE/MAX First Integrity
(765) 465-2246
52 in this area
89 Total Sales
-
K
Buyer's Agent in 2023
Karen Burke
ERA Integrity
Map
Source: Indiana Regional MLS
MLS Number: 202518394
APN: 33-12-15-440-121.000-016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes