1316 R Avenue New Castle, IN ^$ 124,900

1316 R Avenue

^$ 124,900

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Recently Listed Foreclosure

1316 R Avenue

New Castle, IN, 47362

^$ 124,900

Bedrooms2 Baths1.0 Sq 1,592

Monthly Estimate*

^$ 789

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Single Family Home for sale in New Castle, IN

for $124,900 with 2 bedrooms and 1 full bath. This 1,592 square foot home was built in 1938 on a lot size of 0.32.

This 2-bedroom, 1-bath home offers a spacious living area, with the main bedroom and office located upstairs. The property features a very spacious backyard and a detached 3-car garage, providing plenty of outdoor space and storage. The home offers an opportunity to make improvements and add value. Conveniently located in New Castle with access to local schools, shopping, dining, parks, and major roadways, stop on by and see why this is perfect for you.

Single Family Active

Price

^$ 124,900

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 951

Style

Ranch

Lot Size

0.32

Year Built

1938

Town/City

New Castle

County/Region

Henry

MLS | Web ID

202633380

Features

General

Sewer City

Heating Gas Forced Air

Kitchen Level Main

Cooling None

Laundry Y/N Main

Fireplaces No

Garage Detached

Amenities Attic-Walk-up Ceiling Fan(s) Deck Open Porch Covered Formal Dining Room

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1938

New Construction No

Subdivision Edge Wood / Edgewood

Style One and Half Story

Township Henry

Class RESIDENTIAL

Type Site-Built Home

Age 88

REO Yes

Status Detail 0

Dining Room Level Main

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 1592

Elementary School Parker

Middle School New Castle

Legal Description EDGEWOOD SUB DIV 70' E PT LOT 64

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202633380

Agent First Name Chris

Agent Last Name Price

DOM 4

Tax Year 2025

Interior

Basement Slab

Flooring Carpet Vinyl

Beds 2

Total Rooms 8

Dining Room Length 12

Dining Room Width 9

Fireplace None

Family Room Width 15

Living Room Width 13

Family Room Length 16

Living Room Length 18

Full Baths Main 1

Full Baths Upper 0

Above Grade Bedrooms 2

Below Grade Baths 0

Below Grade Bedrooms 0

Full Baths Below Grade 0

Half Baths Below Grade 0

Half Baths Main 0

Half Baths Upper 0

1st Bedroom Level Upper

1st Bedroom Width 14

2nd Bedroom Length 20

2nd Bedroom Level Main

2nd Bedroom Width 10

Extra Room Description Office

Extra Room Length 14

Extra Room Level Upper

Extra Room Width 14

Exterior

Exterior Vinyl

Pool No

Garage Length 30

Garage Width 24

Lot Size Area 13983

Lot Dimensions 70X200

Lot Description Level

Fence Chain Link Wood

Garage Capacity 3

Waterfront Y/N No

* Excluded Features

List By

Chris Price

Listing Agent

Keller Williams - Indy Metro South Llc

Broker

chrisprice@indypropertysource.com

Affordability Calculator

$868

Per Month

Monthly Principal & Interest: $789
Monthly Property Taxes: $79
Monthly Home Insurance: --

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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 ^$200,051

Percent of Sale Price 60%

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.

1237246 Elementary School

1236357 Middle School

New Castle High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/15/2026	$124,900		Listed Price

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1316 R Avenue, New Castle, IN, 47362 is a Single Family Home for sale at $124,900 with 1,592 sqft and a lot size of 0.32. 1316 R Avenue has 2 bedrooms, 1.0 baths, and was built in 1938. 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 8/24/2026.

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1316 R Avenue

Single Family Home for sale in New Castle, IN

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