#22031907, Jon Kindred, Listing Office: F.C. Tucker/Crossroads
1701-1705 Morton St New Castle, IN 47362
Property details
About 1701-1705 Morton St
Discover the perfect investment with this versatile property featuring two fully rented units—a charming 3-bedroom, 1-bathroom main home and a separate 1-bedroom, 1-bathroom ADU (Accessory Dwelling Unit). Combined, these units generate a total of $1,185/month in rental income—with the main home at $600/month (1701) and the ADU at $585/month (1705). The spacious main residence offers abundant natural light, a functional kitchen, and a private backyard—ideal for relaxing or entertaining. The cozy ADU includes a full kitchen, comfortable living space, and a private entrance, providing flexibility and privacy for tenants or extended family. Located near schools, shopping, and other local amenities, this property also features ample off-street parking and strong income potential. Whether you're an investor seeking consistent cash flow, a homeowner looking for additional revenue, or in need of a multi-generational living setup, this property offers endless possibilities. Don’t miss out on this income-generating gem.
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Summary
- MLS Number: 202508184
- Office Name: NextHome Elite Real Estate
- Office Phone: (765) 729-5181
- Listing Agent: James Meredith
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/20/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$84,000
1701-1705 Morton St
$998
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
May 19, 2023 | Home Sold | $65,000 |
May 19, 2023 | Home Sold | $65,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $37,300 | $746 |
2021 | $29,400 | $624 |
History based on county public records data.
Nearby schools
4
Parker Elementary School
Public District KG-6
0.3 mi
•1819 Roosevelt Ave
2
Sunnyside Elementary School
Public District KG-4
0.7 mi
•2601 S 14th St
7
James Whitcomb Riley Elementary School
Public District KG-6
0.8 mi
•1201 Riley Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,750. Typical income of New Castle, IN residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1701-1705 Morton St
This home is located at 1701-1705 Morton St in New Castle, IN and zip code 47362. This home, which was built in 1917, sits on a 0.24 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $84,000.
In March 2025 more than 5 listings in New Castle, IN were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 12 were sold below. The number of homes for sale in New Castle, IN increased by 26.3% between February and March 2025. In March 2025, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $156,083.