$125,000

1420 Indiana Ave New Castle, IN 47362

$1,484
Closing credit¹
0.05 acres
Multi-Family

Property details

About 1420 Indiana Ave

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)

Highlights

Home typeDuplex
StatusActive
BasementYes
Lot size0.05 Acres
Year built1945
MLS #22037072

Summary

  • Basement: Yes
  • List Price: $125,000
  • Annual Tax Amount: $1,020
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1945
  • Lot Size: 0.05 Acres
  • MLS Number: 22037072
  • MLS Name: MIBOR
  • Office Name: Ellsbury Commerical Group
  • Office Email: justin.lowe@ellsburygroup.com
  • Listing Agent: Justin Lowe

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated on: 6/8/2025, 9:31:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1420 Indiana Ave, New Castle, IN 47362 - view of side of property featuring fence and a porch

$125,000

1420 Indiana Ave

$1,484

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$51,000$1,020
2021$35,900$728
2020$34,500$690
2019$33,800$656
2017$32,800$693

History based on county public records data.

Nearby schools

4

Eastwood Elementary School

Public District PK-6

0.7 mi

806 S 22nd St

7

Wilbur Wright Elementary School

Public District KG-6

0.8 mi

1950 Washington St

4

Parker Elementary School

Public District KG-6

1.0 mi

1819 Roosevelt Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $15,982. Typical income of New Castle, IN residents is less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

66%
<35k
32%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

62%
Single, No Kids
13%
Single, with Kids
15%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
6%
12-17 yrs old
21%
18-34 yrs old
40%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Figure SkatingFigure Skating
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1420 Indiana Ave

The listing price of 1420 Indiana Ave property is $125,000.

The property 1420 Indiana Ave is a multi located in New Castle, Indiana, 47362.

Active Listing: 1420 Indiana Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1420 Indiana Ave are: Eastwood Elementary School (GreatSchools Rating 4/10), Wilbur Wright Elementary School (GreatSchools Rating 7/10), Parker Elementary School (GreatSchools Rating 4/10), New Castle Middle School (GreatSchools Rating 5/10), Shenandoah Middle School (GreatSchools Rating 7/10), Knightstown Intermediate School (GreatSchools Rating 5/10), New Castle High School (GreatSchools Rating 4/10), Blue River Valley Jr-Sr High School (GreatSchools Rating 3/10), Tri Junior-Senior High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $1,020 (source: MLS/based on county public records data).

The year of construction for 1420 Indiana Ave is 1945.

This home is located at 1420 Indiana Ave in New Castle, IN and zip code 47362. Features: 0 bathroom. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $125,000.

In May 2025, from all listings sold in New Castle, IN there were more than 8 sold above asking price, over 23 sold below and more than 9 were sold right at the asked price. In May 2025 in New Castle, IN there were 9.2% more homes for sale than in April. In May 2025, listings were on the market for 86 days. During the same period, the median list price in this real estate market was $153,875.

From Rocket Homes Real Estate and based on county public records data.

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