490 Indiana Avenue New Castle, IN ^$ 320,000

490 Indiana Avenue

^$ 320,000

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490 Indiana Avenue

New Castle, IN, 47362

^$ 320,000

Studio Baths0.0 Sq 3,750

Monthly Estimate*

^$ 2,235

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Studio

Commercial Property for sale in New Castle, IN

for $320,000. This 3,750 square foot building was built in 1966 on a lot size of 0.703.

Large retail space in the front with warehouse style rooms in the back. Upstairs are 2 attic rooms perfect for storage. Greenhouses were recently removed to provide a nice usable space outside next to the building.

Commercial Pending

Price

^$ 320,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Mixed Use

Lot Size

0.703

Year Built

1966

Town/City

New Castle

County/Region

Henry

MLS | Web ID

21931343

Features

General

Utilities Electricity Connected Sewer Connected Water Connected

Possession Closing

Zoning C1

Year Built 1966

Stories 1

Township Henry

Property SubType Mixed Use

Tax Year 2024

Current Use Retail

Building Name NO SUBDIVISION

County Henry

New Construction N

Property Type Commercial Sale

Subdivision Name No Subdivision

Status Pending

Directions From SR3/SR38 head south on SR 3 for one block turn left onto Indiana Ave and the property will be on the left just past the strip mall.

High School New Castle High School

City New Castle

Buyer Agent Compensation 3.0

High School District New Castle Community School Corp

MLS Area 3307 - Henry - Henry

Lot Size Square Feet 30623

Street Name Indiana

Current Financing Conventional

Middle/Junior High School New Castle Middle School

Additional Parcels Y/N N

Days on Market 74

Standard Status Pending

Tax Lot 2

Buyer Agent Compensation Type %

Legal Description PT NW1/4 15-17-10 .703A TRACT 2

Exterior

Building Area Total 3750

Lot Size Acres 0.703

Interior

Street Suffix Avenue

* Excluded Features

List By

Era Integrity

Broker

susan@susanfalckneal.com

Affordability Calculator

$2,235

Per Month

Monthly Principal & Interest: $2,235
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in New Castle, IN

Average List Price ^$296,087

Percent of Sale Price 7%

About New Castle, IN

17,439 Population

-7% Since 2002

^$36,096 Median Income

40.2 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4045027 Elementary School

4046396 Middle School

New Castle High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/11/2023	$320,000		Listed Price

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490 Indiana Avenue, New Castle, IN, 47362 is a Commercial Property for sale at $320,000 with 3,750 sqft and a lot size of 0.703. 490 Indiana Avenue is a studio with 0.0 baths and was built in 1966. The property's zip code is 47362 which is in New Castle, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is 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 updated as of 4/28/2024.

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490 Indiana Avenue

Commercial Property for sale in New Castle, IN

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