1501 Michigan Street New Castle, IN ^$ 86,520

1501 Michigan Street

^$ 86,520

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1501 Michigan Street

New Castle, IN, 47362

^$ 86,520

Bedrooms4 Baths1.1 Sq 1,140

Monthly Estimate*

^$ 546

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Single Family Home for sale in New Castle, IN

for $86,520 with 4 bedrooms and 1 full bath, 1 half bath. This 1,140 square foot home was built in 1970 on a lot size of 0.172.

Opportunity awaits with this 4-bed, 1.5-bath home in Wilbur Wright School District. Nice sized living room with hard wood floor. Eat-in kitchen. With 4 bedrooms and the convenience of the additional half bath, this home provides a functional layout with room to fit a variety of needs. Main floor laundry. Former attached garage converted to bonus room, offering additional space and flexibility. Nice size yard with partial fence in front. Bring your ideas and a little TLC - this property is ready for your vision.

Single Family Active

Price

^$ 86,520

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 1,693

Style

Ranch

Lot Size

0.172

Year Built

1970

Town/City

New Castle

County/Region

Henry

MLS | Web ID

202626778

Features

General

Sewer City

Heating Gas Forced Air

Kitchen Level Main

Cooling None

Laundry Y/N Main

Fireplaces No

Amenities Ceiling Fan(s) Detector-Smoke Tub/Shower Combination Main Floor Laundry

Status Active Active

Full Baths 1

Half Baths 1

Bathrooms 2

Year Built 1970

New Construction No

Subdivision None

Style One Story

Township Henry

Class RESIDENTIAL

Type Site-Built Home

Age 56

REO No

Status Detail 0

Common Amenities None

Area Henry County

Location City/Town/Suburb

High School New Castle

City New Castle

School District New Castle Community School Corp

Architectural Style Ranch

Total Sq Ft 1140

Elementary School Wilbur Wright

Middle School New Castle

Legal Description REDELMANS 1ST ADD LOT 8

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202626778

Agent First Name Erica

Agent Last Name Morris

DOM 2

Tax Year 2026

Exterior

Road Surface Asphalt

Exterior Vinyl

Driveway None

Pool No

Lot Size Area 7492

Lot Dimensions 50x150

Lot Description 0-2.9999

Fence Partial Chain Link

Water Features None

Waterfront Y/N No

Interior

Basement Crawl

Flooring Hardwood Floors Laminate

Beds 4

Total Rooms 8

Fireplace None

Living Room Width 12

Living Room Length 16

Full Baths Main 1

Full Baths Upper 0

Above Grade Bedrooms 4

Below Grade Baths 0

Below Grade Bedrooms 0

Full Baths Below Grade 0

Half Baths Below Grade 0

Half Baths Main 1

Half Baths Upper 0

1st Bedroom Level Main

1st Bedroom Width 9

2nd Bedroom Length 11

2nd Bedroom Level Main

2nd Bedroom Width 10

3rd Bedroom Length 10

3rd Bedroom Level Main

3rd Bedroom Width 9

4th Bedroom Length 10

4th Bedroom Level Main

4th Bedroom Width 9

Basement Material Block

* Excluded Features

List By

Erica Morris

Listing Agent

Re/Max First Integrity

Broker

EricaMorris@remax.net

Affordability Calculator

$687

Per Month

Monthly Principal & Interest: $546
Monthly Property Taxes: $141
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 6.49% 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

Single family listings in New Castle, IN

Average List Price ^$214,454

Percent of Sale Price 148%

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
7/6/2026	$86,520		Listed Price

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1501 Michigan Street, New Castle, IN, 47362 is a Single Family Home for sale at $86,520 with 1,140 sqft and a lot size of 0.172. 1501 Michigan Street has 4 bedrooms, 1.1 baths, and was built in 1970. 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 6.49% 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.

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 7/12/2026.

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1501 Michigan Street

Single Family Home for sale in New Castle, IN

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