Active
2 beds1,592 sqft$78/sqft
1316 R Ave, New Castle, IN 47362
Est: $714/moGet pre-approved
Single FamilyProperty Type
0.32 acresLot Size
1938Year Built
$78/sq ftPrice per sq ft
3 carsParking Spaces

Description

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.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.
22 days on Market
  • Listed by: Chris Price • Keller Williams Indy Metro Partners
Last updated: 09/04/2026 01:32 PM • Source: MIBORMLS, MLS#: 22119012

Location

Listing Courtesy of Keller Williams Indy Metro Partners
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$714 per month

30 year fixed, 6.55% Interest

Principal and Interest

$635

Property Taxes

$79

HOA Dues

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Property Information for 1316 R Avenue

Property Details
  • Taxes: $475 semi-annually
  • MLS Type: Residential / Single Family Residence
  • County: Henry County
  • Architectural Style: Ranch
  • Subdivision Name: Edgewood
  • Township: Henry
  • Waterfront: No
Building Information
  • Year Built: 1938
  • Lot Size: 0.32 AC / 13,939 SF
Summary
Location and General Information
  • City: New Castle
  • County Or Parish: Henry
  • Directions: GPS Friendly
  • Postal Code: 47362
  • Postal Code Plus4: 2105
  • State Or Province: IN
  • View: Neighborhood, Trees/Woods
  • View: Yes
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 331222420133000016
  • Semi Annual Property Tax Amt: 475
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2025
  • TaxLot: 64
School Information
  • Elementary School: Sunnyside Elementary School
  • High School: New Castle High School
  • Middle Or Junior School: New Castle Middle School
  • School District: New Castle Community School Corp
Parking
  • Garage YN: Yes
  • Garage Parking Other: Garage Door Opener
  • Garage Spaces: 3.0
  • Garage SqFt: 720
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Lot Description: Access, Not In Subdivision, Suburb, Mature Trees, Trees-Small (Under 20 Ft)
  • Lot Size Square Feet: 13983.0
  • Lot Size Acres: 0.32
  • Main Level SqFt: 980
  • New Construction: False
  • Living SqFt: 612.0
  • Sqft Total: 1592.0
  • Sq Ft Total: 1592.0
  • Year Built Numeric: 1938
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: Yes
  • DPRYN: Yes
  • Legal Subdivision: Edgewood Sub Div 70' E Pt Lot 64
  • Photos Count: 56
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Web Link: www.TheIndyPropertySource.com
  • Property Condition: Fixer
Utilities
  • Sewer: City
  • Solid Waste: No
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Pool Private: No
  • Horse Amenities: None
  • Fencing: Chain Link, Full
Interior Features
  • Accessibility Features: No
  • Appliances: Gas Water Heater, Gas Oven, Refrigerator, Water Heater
  • Areas Interior: Laundry in Unit,Utility Room
  • Basement YN: No
  • Cooling: None
  • Eating Area: Formal Dining Room
  • Heating: Forced Air, Natural Gas
  • Interior Features: Built-in Features, Paddle Fan, Smart Thermostat, Supplemental Storage, Wood Work Stained
  • Levels: One and One Half
  • Smart Home Features: Thermostat - Programmable
  • Room List: Great Room, Dining Room, Kitchen, Family Room, Master Bedroom, Bedroom 2, Office, Laundry
  • Room and Features: Great Room-Main-Luxury Vinyl Plank, Dining Room-Main, Kitchen-Main, Family Room-Main, Master Bedroom-Upper, Bedroom 2-Main, Office-Upper, Laundry-Main
  • Spa: No
  • Main Level Bedrooms: 1
  • Laundry Features: Connections All, Laundry Room, Main Level
  • Num Bedrooms Upper: 1
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 8
  • Rooms Total MU: 8
  • Total Rooms: 8
Room 1
  • Room Level: Main
  • Room Dimensions: 18x13
  • Room Features: Luxury Vinyl Plank
  • Room Type: Great Room
Room 2
  • Room Level: Main
  • Room Dimensions: 12x9
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 13x12
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 16x15
  • Room Type: Family Room
Room 5
  • Room Level: Upper
  • Room Dimensions: 14x14
  • Room Type: Master Bedroom
Room 6
  • Room Level: Main
  • Room Dimensions: 20x10
  • Room Type: Bedroom 2
Room 7
  • Room Level: Upper
  • Room Dimensions: 14x14
  • Room Type: Office
Room 8
  • Room Level: Main
  • Room Dimensions: 8x6
  • Room Type: Laundry
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 2

Property History for 1316 R Avenue

DateEvent & SourcePriceAppreciation
Aug 15, 2026

Listed (Active)

Indiana Regional MLS #202633380

$124,900
Aug 15, 2026

Listed (Active)

MIBORMLS #22119012

$124,900
Mar 7, 2022

Sold

Indiana Regional MLS #202202363

$99,900
DateEvent & SourcePrice
08/15/2026

Listed (Active)

Indiana Regional MLS #202633380

$124,900
08/15/2026

Listed (Active)

MIBORMLS #22119012

$124,900
03/07/2022

Sold

Indiana Regional MLS #202202363

$99,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1316 R Avenue

Taxable ValueLand$24,700Additions$74,500Total$99,200
Tax Record2025$951 ($79 / month)
Home Facts
Beds3Baths1Total Finished SqFt980 SqFtAbove Grade Finished SqFt980 SqFtStories1Lot Size13,983 SqFtStyleSingle Family ResidenceYear Built1938Year Renovated1965CountyHENRYAPN33-12-22-420-133.000-016

Schools near 1316 R Avenue

This home is within New Castle Community Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 6 to 12
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Sunnyside Elementary School
PublicK to 4

New Castle Area Vocational School
Public6 to 12

New Castle High School
Public9 to 12

Parker Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1316 R Avenue is a single family home for sale in New Castle, IN 47362. This property was listed for sale on August 15, 2026 by Keller Williams Indy Metro Partners, it's currently listed at $124,900. It has been on the market for a total of 22 days and was last sold on March 7, 2022. This listing's school district is New Castle Community Sch Corp. Nearby schools include Sunnyside Elementary School, New Castle Area Vocational School and New Castle High School. 1316 R Avenue is a 2-bed, 1-bath, 1,592 sqft single family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Indy Metro Partners

Based on information submitted to the MLS GRID as of 09/04/2026 01:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.