5** N Memorial Drive New Castle, IN ^$ 250,000

5** N Memorial Drive

^$ 250,000

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5** N Memorial Drive

New Castle, IN, 47362

^$ 250,000

Studio Baths0.0

Monthly Estimate*

^$ 1,539

5** N Memorial Drive, New Castle, IN 47362 - Image 1

5** N Memorial Drive, New Castle, IN 47362 - Image 2

5** N Memorial Drive, New Castle, IN 47362 - Image 3

5** N Memorial Drive, New Castle, IN 47362 - Image 4

5** N Memorial Drive, New Castle, IN 47362 - Image 5

5** N Memorial Drive, New Castle, IN 47362 - Image 6

5** N Memorial Drive, New Castle, IN 47362 - Image 7

5** N Memorial Drive, New Castle, IN 47362 - Image 8

5** N Memorial Drive, New Castle, IN 47362 - Image 9

5** N Memorial Drive, New Castle, IN 47362 - Image 10

5** N Memorial Drive, New Castle, IN 47362 - Image 11

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Studio

Lots and Land for sale in New Castle, IN

for $250,000. The lot size is 1.2.

Great development opportunity. Prime SR 3 frontage for high visibility restaurant, retail or other commercial business. High traffic area, C-1 zoning. Located near new medical facility and YMCA. City utilities available.

Lots and Land Active

Price

^$ 250,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 149

Style

Commercial Land

Lot Size

1.2

Town/City

New Castle

County/Region

Henry

MLS | Web ID

202424158

Features

General

Road Frontage City

Status Active Active

Subdivision None

Township Henry

Class LOTS AND LAND

Present Use Commercial

Type Commercial Land

Inside City Limits Yes

REO No

Status Detail 0

Area Henry County

Location City

High School New Castle

City New Castle

School District New Castle Community School Corp

Elementary School Wilbur Wright

Middle School New Castle

Legal Description PT SW1/4 10-17-10 (approx. 1.2A) corner lot N. Memorial Drive and Wittenbraker Drive

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202424158

Agent First Name Susan

Agent Last Name Neal

DOM 550

Tax Year 2024

Exterior

Road Surface Asphalt

Road Access City

Lot Size Area 52272

Lot Dimensions 180x300

Fence None

Waterfront Y/N No

Interior

Fuel Type Available

* Excluded Features

List By

Susan Neal

Listing Agent

Re/Max First Integrity

Broker

SFNeal@remax.net

Affordability Calculator

$1,552

Per Month

Monthly Principal & Interest: $1,539
Monthly Property Taxes: $12
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Lots and land listings in New Castle, IN

Average List Price ^$224,699

Percent of Sale Price 10%

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.

1235701 Elementary School

1236357 Middle School

New Castle High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/1/2024	$250,000		Listed Price

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5** N Memorial Drive, New Castle, IN, 47362 is a Lots and Land for sale at $250,000 with a lot size of 1.2. 5** N Memorial Drive is a studio with 0.0 baths. 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 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

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 1/10/2026.

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5** N Memorial Drive

Lots and Land for sale in New Castle, IN

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