1516 Riley Road
Description
- Listed by: Ashley Morris • ERA Integrity ashleymorrisera@aol.com
Recent comparable sales
Median sold price
$270,000
Avg days on market
35
Sale-to-list ratio
96.3%
New Castle, IN
9 comparable properties found
$330,000
Sold 12/12/25
- 4
- Bedrooms
- 2
- Bathrooms
- 2,279
- Square Feet
- 0.31
- Acres
$249,900
Sold 09/05/25
- 4
- Bedrooms
- 2
- Bathrooms
- 1,860
- Square Feet
- 0.49
- Acres
$285,000
Sold 04/21/26
- 4
- Bedrooms
- 2
- Bathrooms
- 1,974
- Square Feet
- 0.45
- Acres
$232,800
Sold 02/04/26
- 4
- Bedrooms
- 2
- Bathrooms
- 2,104
- Square Feet
- 0.74
- Acres
$270,000
Sold 03/02/26
- 4
- Bedrooms
- 2
- Bathrooms
- 2,058
- Square Feet
- 1.52
- Acres
$278,000
Sold 10/21/25
- 4
- Bedrooms
- 3
- Bathrooms
- 2,128
- Square Feet
- 0.68
- Acres
$283,500
Sold 07/10/26
- 4
- Bedrooms
- 2
- Bathrooms
- 2,636
- Square Feet
- 0.23
- Acres
$180,000
Sold 04/07/26
- 4
- Bedrooms
- 2
- Bathrooms
- 1,960
- Square Feet
- 0.23
- Acres
$254,900
Sold 04/28/25
- 4
- Bedrooms
- 3
- Bathrooms
- 2,035
- Square Feet
- 0.46
- Acres
Location
$1,810 per month
$1,564
$246
Property information
1516 Riley Road
Property Details
- Taxes: $1,474 semi-annually
- MLS Type: Residential / Single Family Residence
- County: Henry County
- Architectural Style: TraditonalAmerican
- Subdivision Name: No Subdivision
- Township: Henry
- Waterfront: No
Building Information
- Year Built: 1950
- Lot Size: 0.39 AC / 16,988 SF
Summary
Location and General Information
- City: New Castle
- County Or Parish: Henry
- Directions: From 3/38, S on 3 to Riley road. E on Riley to property.
- Postal Code: 47362
- Postal Code Plus4: 1965
- State Or Province: IN
Taxes and HOA Information
- Attic YN: No
- Parcel Number: 331222440237000016
- Semi Annual Property Tax Amt: 1474
- Tax Year: 2024
- TaxLot: No
School Information
- Elementary School: James Whitcomb Riley Elem 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 Spaces: 2.0
Property
Lot Information
- Acreage: 1/4-1/2 Acre
- Lot Description: City Lot, Corner Lot
- Lot Size Square Feet: 16988.0
- Lot Size Acres: 0.39
- Main Level SqFt: 1272
- New Construction: False
- Living SqFt: 900.0
- Sqft Total: 2172.0
- Sq Ft Total: 2172.0
- Year Built Numeric: 1950
- Below Grade Finished Area: 0.0
- Living Area Source: Assessor
Property and Assessments
- Affected by Disclosures: No
- Legal Subdivision: Pt E1/2 Se1/4 22-17-10 .39A
- Photos Count: 34
- Property Attached: No
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Transaction Type: Sale
- Buyer Financing: Conventional
Green Features
- Green Certification: No
Utilities
- Sewer: City
- Solid Waste: Yes
- Water Source: Municipal/City
Interior and Exterior Features
Exterior Features
- Construction Materials: Aluminum Siding
- Foundation Details: Concrete Perimeter
- Horse Amenities: None
Interior Features
- Accessibility Features: No
- Appliances: Dishwasher, Kitchen Exhaust, Electric Oven, Refrigerator, Water Heater
- Basement Description: Partial
- Basement YN: Yes
- Cooling: Central Electric
- Eating Area: Dining Combo/Kitchen
- Fireplaces Total: 0
- Heating: Forced Air, Gas
- Interior Features: Hardwood Floors
- Levels: Two
- Kitchen Features: Kitchen Updated
- Room List: Living Room, Kitchen, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room
- Room and Features: Living Room-Main-Hardwood, Kitchen-Main-Hardwood, Primary Bedroom-Upper-Carpet, Bedroom 2-Upper-Carpet, Bedroom 3-Upper-Carpet, Bedroom 4-Upper-Carpet, Bonus Room-Main-Hardwood, Main-Hardwood
- Main Level Bedrooms: 0
- Laundry Features: Main Level
- Num Bedrooms Upper: 4
- 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: 29x17
- Room Features: Hardwood
- Room Type: Living Room
Room 2
- Room Level: Main
- Room Dimensions: 29x11
- Room Features: Hardwood
- Room Type: Kitchen
Room 3
- Room Level: Upper
- Room Dimensions: 13x13
- Room Features: Carpet
- Room Type: Primary Bedroom
Room 4
- Room Level: Upper
- Room Dimensions: 12x11
- Room Features: Carpet
- Room Type: Bedroom 2
Room 5
- Room Level: Upper
- Room Dimensions: 13x12
- Room Features: Carpet
- Room Type: Bedroom 3
Room 6
- Room Level: Upper
- Room Dimensions: 11x11
- Room Features: Carpet
- Room Type: Bedroom 4
Room 7
- Room Level: Main
- Room Dimensions: 12x11
- Room Features: Hardwood
- Room Type: Bonus Room
Room 8
- Room Level: Main
- Room Dimensions: 11x8
- Room Features: Hardwood
Bathrooms
- Bathrooms Full: 2
- Bathrooms Half: 0
- Bathrooms Total Count: 2
- Full Baths Basement: 0
- Full Baths Main: 1
- Full Baths MU: 2
- Full Baths Upper: 1
- Half Baths Basement: 0
- Half Baths Main: 0
- Half Baths MU: 0
- Half Baths Upper: 0
Bedrooms
- Beds MU: 4
- Bedrooms MU: 4
- Bedrooms Total: 4
Property History
1516 Riley Road
| Date | Event | Price |
|---|---|---|
| May 9, 2024 | Sold MIBORMLS #21941124 | $293,000 |
| May 9, 2024 | Sold Indiana Regional MLS #202331490 | $293,000 |
| May 6, 2024 | Pending MIBORMLS #21941124 | — |
| Apr 9, 2024 | Pending Indiana Regional MLS #202331490 | — |
| Apr 8, 2024 | In Contract Indiana Regional MLS #202331490 | — |
| Mar 30, 2024 | Expired Indiana Regional MLS #202331490 | — |
| Feb 26, 2024 | Pending Indiana Regional MLS #202331490 | — |
| Feb 8, 2024 | Price Change MIBORMLS #21941124 | $299,900 |
| Oct 9, 2023 | Price Change MIBORMLS #21941124 | $315,000 |
| Aug 31, 2023 | Price Change Indiana Regional MLS #202331490 | $325,000 |
| Aug 31, 2023 | Price Change Indiana Regional MLS #202331490 | $315,000 |
| Aug 31, 2023 | Listed (Active) MIBORMLS #21941124 | $325,000 |
| Aug 31, 2023 | Listed (Active) Indiana Regional MLS #202331490 | $299,900 |
| Jul 5, 2022 | Sold (Public Record) Public Record #1510423277 | $105,000 |
| Jul 5, 2022 | Sold MIBORMLS #21863768 | $105,000 |
| Jul 5, 2022 | Sold Indiana Regional MLS #202223828 | $105,000 |
| Jun 15, 2022 | Pending MIBORMLS #21863768 | — |
| Jun 15, 2022 | Pending Indiana Regional MLS #202223828 | — |
| Jun 15, 2022 | Listed (Active) MIBORMLS #21863768 | $105,000 |
| Jun 15, 2022 | Listed (Active) Indiana Regional MLS #202223828 | $105,000 |
| Jun 14, 2022 | Pending MIBORMLS #21863768 | — |
| Jun 14, 2022 | Listed (Active) MIBORMLS #21863768 | $105,000 |
| Date | Event | Price |
|---|---|---|
| 05/09/2024 | Sold MIBORMLS #21941124 | $293,000 |
| 05/09/2024 | Sold Indiana Regional MLS #202331490 | $293,000 |
| 05/06/2024 | Pending MIBORMLS #21941124 | — |
| 04/09/2024 | Pending Indiana Regional MLS #202331490 | — |
| 04/08/2024 | In Contract Indiana Regional MLS #202331490 | — |
| 03/30/2024 | Expired Indiana Regional MLS #202331490 | — |
| 02/26/2024 | Pending Indiana Regional MLS #202331490 | — |
| 02/08/2024 | Price Change MIBORMLS #21941124 | $299,900 |
| 10/09/2023 | Price Change MIBORMLS #21941124 | $315,000 |
| 08/31/2023 | Price Change Indiana Regional MLS #202331490 | $325,000 |
| 08/31/2023 | Price Change Indiana Regional MLS #202331490 | $315,000 |
| 08/31/2023 | Listed (Active) MIBORMLS #21941124 | $325,000 |
| 08/31/2023 | Listed (Active) Indiana Regional MLS #202331490 | $299,900 |
| 07/05/2022 | Sold (Public Record) Public Record #1510423277 | $105,000 |
| 07/05/2022 | Sold MIBORMLS #21863768 | $105,000 |
| 07/05/2022 | Sold Indiana Regional MLS #202223828 | $105,000 |
| 06/15/2022 | Pending MIBORMLS #21863768 | — |
| 06/15/2022 | Pending Indiana Regional MLS #202223828 | — |
| 06/15/2022 | Listed (Active) MIBORMLS #21863768 | $105,000 |
| 06/15/2022 | Listed (Active) Indiana Regional MLS #202223828 | $105,000 |
| 06/14/2022 | Pending MIBORMLS #21863768 | — |
| 06/14/2022 | Listed (Active) MIBORMLS #21863768 | $105,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public records
1516 Riley Road
Beds
4Baths
2Total Finished SqFt
2,172 SqFtAbove Grade Finished SqFt
2,172 SqFtUnfinished Basement SqFt
900 SqFtStories
2Schools
Near 1516 Riley Road
This home is within New Castle Community Sch Corp.
- Rated 6 out of 106/10James Whitcomb Riley Elementary SchoolPublic · PK-6 · 0.3 mi · Nearby school
- Rated 4 out of 104/10New Castle Middle SchoolPublic · 6-8 · 1.0 mi · Serves this home
- Rated 5 out of 105/10New Castle High SchoolPublic · 9-12 · 0.9 mi · Serves this home
- Not ratedNRSunnyside Elementary SchoolPublic · K-4 · 0.4 mi · Nearby school
- Rated 3 out of 103/10Parker Elementary SchoolPublic · PK-5 · 0.8 mi · Nearby school
- Not ratedNRNew Castle Area Vocational SchoolPublic · 6-12 · 0.9 mi · Nearby school
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.
1Similar Homes
New listings in 47362
$420,000
- 4
- Bedrooms
- 3
- Bathrooms
- 2,340
- Square Feet
- 5
- Acres
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 1516 Riley Road, New Castle, IN 47362 | $293,000 | 4 | 2 | 2,172 | 16,988 |
– | 3 | 1.5 | 1,434 | 17,816 | |
$100,000 | 2 | 1.5 | 2,148 | 74,488 | |
$78,000 | 3 | 2 | 1,600 | 13,504 | |
$85,200 | 3 | 2 | 1,328 | 17,600 | |
$114,000 | 4 | 2 | 2,084 | 20,400 | |
$15,200 | 2 | 2 | 1,252 | 17,424 | |
– | 3 | 1.5 | 1,426 | 11,892 | |
$41,092 | 2 | 1 | 960 | 12,981 | |
– | 2 | 3.5 | 2,652 | 17,598 | |
$89,900 | 3 | 2 | 1,668 | 32,322 | |
– | – | – | 7,296 | 12,502 | |
– | 2 | 1 | 1,176 | 20,400 | |
$163,000 | 2 | 1 | 1,536 | 21,998 | |
– | 4 | 2 | 2,224 | 10,454 | |
$159,900 | 3 | 2 | 1,524 | 11,199 |
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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 ERA Integrity
Based on information submitted to the MLS GRID as of 05/10/2024 12:43 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.