2702 Broad St

$245,000
Price
—
Beds
—
Baths
5,490 Sq. Ft.
$45 / Sq. Ft.
5,490
Sq. Ft.
$45
per Sq. Ft.

Description

Prime Investment Opportunity in Downtown New Castle! Seize this exceptional investment opportunity! This strategically located 6-unit apartment complex in the heart of downtown New Castle is primed for its next investor to complete the final touches and begin generating rental income. Significant upgrades have already been made, including a new roof, siding, gutters, soffit, doors, and windows, along with multiple electrical and plumbing updates. With the groundwork laid, this property is ready to...Prime Investment Opportunity in Downtown New Castle! Seize this exceptional investment opportunity! This strategically located 6-unit apartment complex in the heart of downtown New Castle is primed for its next investor to complete the final touches and begin generating rental income. Significant upgrades have already been made, including a new roof, siding, gutters, soffit, doors, and windows, along with multiple electrical and plumbing updates. With the groundwork laid, this property is ready to deliver strong returns. Schedule a showing today to explore the potential of this promising investment!

Property Details for 2702 Broad Street

Township
Henry
Zoning
4 to 19 Family Apartments
LISTING UPDATED: 05/29/2025 05:49 PM

Property Details for 2702 Broad Street

StatusActive
MLS #22020995
Days on Market319
Taxes$524 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1937
Lot Size0.31 AC / 13,503 SF
CountyHenry County

Location

Listing Courtesy of Steve Lew Real Estate Group, LLC
Add your commute

Building Information for 2702 Broad Street

Stories-Residences6Year Built1937Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

$1,298 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,211

Property Taxes

$87

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2702 Broad Street

Summary
Location and General Information
  • City: New Castle
  • County Or Parish: Henry
  • Directions: GPS Friendly
  • Postal Code: 47362
  • Postal Code Plus4: 3499
  • Road Access: Frontage Road
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 331214220180000016
  • Semi Annual Property Tax Amt: 524
  • Tax Year: 2023
  • TaxLot: 84-85
School Information
  • Middle Or Junior School: New Castle Middle School
  • School District: New Castle Community School Corp
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Current Use: Apt<20, Vacant, See Remarks
  • Lot Size Square Feet: 13416.0
  • Lot Size Acres: 0.31
  • New Construction: False
  • Space Available: 5490
  • Sq Ft Total: 5490.0
  • Year Built Numeric: 1937
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: East Side Add Lots 84 & 85
  • Photos Count: 13
  • Property Sub Type: Multi-Family 5+
  • Property Type: Commercial Sale
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Utilities: Cable Available, Electricity Connected, Gas Nearby, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Vinyl Siding
  • Roof: Asphalt
Interior Features
  • Basement YN: No
  • Levels: Two
Multi Family
Multi-Family Information
  • Total Units: 6
Unit 1
  • Unit Kitchen: 1
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: Apartments

Property History for 2702 Broad Street

DateEvent & SourcePriceAppreciation
May 29, 2025

Price Change

MIBORMLS #22020995

$245,000—
Mar 19, 2025

Price Change

MIBORMLS #22020995

$270,000—
Feb 19, 2025

Price Change

MIBORMLS #22020995

$275,000—
Feb 5, 2025

Listed (Active)

MIBORMLS #22020995

$280,000—
Feb 11, 2024

Expired

MIBORMLS #21940529

—
Aug 28, 2023

Listed (Active)

MIBORMLS #21940529

$299,900—
Jul 31, 2021

Expired

MIBORMLS #21749365

—
May 3, 2021

Pending

MIBORMLS #MBR21749365

—
Feb 4, 2021

Price Change

MIBORMLS #MBR21749365

$64,999—
Nov 4, 2020

Listed (Active)

MIBORMLS #21749365

$75,000—
Aug 24, 2018

Sold

MIBORMLS #21476272

$27,000—
Aug 24, 2018

Sold

Indiana Regional MLS #201713501

$27,000—
Aug 16, 2018

Pending

MIBORMLS #21476272

—
Aug 16, 2018

Pending

Indiana Regional MLS #201713501

—
Apr 4, 2018

Price Change

MIBORMLS #21476272

$39,900—
Apr 3, 2017

Listed (Active)

Indiana Regional MLS #201713501

$39,900—
Apr 3, 2017

Listed (Active)

MIBORMLS #21476272

$49,900—
Nov 17, 2015

Sold

Indiana Regional MLS #201534515

$33,500—
Nov 4, 2015

Pending

Indiana Regional MLS #201534515

—
Jul 20, 2015

Listed (Active)

Indiana Regional MLS #201534515

$44,900—
Feb 27, 2004

Sold

Indiana Regional MLS #20021576

$135,000—
Jan 27, 2004

Pending

Indiana Regional MLS #20021576

—
Aug 25, 2003

Listed (Active)

Indiana Regional MLS #20021576

$149,900—
Jul 31, 2003

Expired

Indiana Regional MLS #20021609

—
Jan 30, 2003

Listed (Active)

Indiana Regional MLS #20021609

$149,900—
Dec 31, 2002

Expired

Indiana Regional MLS #20021584

—
Jun 18, 2002

Listed (Active)

Indiana Regional MLS #20021584

$139,900—
DateEvent & SourcePrice
05/29/2025

Price Change

MIBORMLS #22020995

$245,000
03/19/2025

Price Change

MIBORMLS #22020995

$270,000
02/19/2025

Price Change

MIBORMLS #22020995

$275,000
02/05/2025

Listed (Active)

MIBORMLS #22020995

$280,000
02/11/2024

Expired

MIBORMLS #21940529

—
08/28/2023

Listed (Active)

MIBORMLS #21940529

$299,900
07/31/2021

Expired

MIBORMLS #21749365

—
05/03/2021

Pending

MIBORMLS #MBR21749365

—
02/04/2021

Price Change

MIBORMLS #MBR21749365

$64,999
11/04/2020

Listed (Active)

MIBORMLS #21749365

$75,000
08/24/2018

Sold

MIBORMLS #21476272

$27,000
08/24/2018

Sold

Indiana Regional MLS #201713501

$27,000
08/16/2018

Pending

MIBORMLS #21476272

—
08/16/2018

Pending

Indiana Regional MLS #201713501

—
04/04/2018

Price Change

MIBORMLS #21476272

$39,900
04/03/2017

Listed (Active)

Indiana Regional MLS #201713501

$39,900
04/03/2017

Listed (Active)

MIBORMLS #21476272

$49,900
11/17/2015

Sold

Indiana Regional MLS #201534515

$33,500
11/04/2015

Pending

Indiana Regional MLS #201534515

—
07/20/2015

Listed (Active)

Indiana Regional MLS #201534515

$44,900
02/27/2004

Sold

Indiana Regional MLS #20021576

$135,000
01/27/2004

Pending

Indiana Regional MLS #20021576

—
08/25/2003

Listed (Active)

Indiana Regional MLS #20021576

$149,900
07/31/2003

Expired

Indiana Regional MLS #20021609

—
01/30/2003

Listed (Active)

Indiana Regional MLS #20021609

$149,900
12/31/2002

Expired

Indiana Regional MLS #20021584

—
06/18/2002

Listed (Active)

Indiana Regional MLS #20021584

$139,900

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

Public Records for 2702 Broad Street

Taxable ValueLand$29,500Additions$194,200Total$223,700
Tax Record2024$4,474 ($373 / month)
Home Facts
Total Finished SqFt5,490 SqFtAbove Grade Finished SqFt5,490 SqFtStories2Lot Size13,416 SqFtStyleMulti-Family Res (5+ Units)Year Built1937CountyHENRYAPN33-12-14-220-180.000-016

Schools near 2702 Broad Street

This home is within New Castle Community Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Eastwood Elementary School
PublicPK to 6

New Castle Middle School
Public6 to 8

New Castle High School
Public9 to 12

Wilbur Wright Elementary School
PublicPK to 6

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.

Similar Homes

Similar Sold Homes

2702 Broad Street is a multi-family home for sale in New Castle, IN 47362. This property was listed for sale on February 5, 2025 by Steve Lew Real Estate Group, LLC, it's currently listed at $245,000. It has been on the market for a total of 319 days and was last sold on August 24, 2018. This listing's school district is New Castle Community Sch Corp. Nearby schools include Eastwood Elementary School, New Castle Middle School and New Castle High School. 2702 Broad Street is a 0-bed, 0-bath, 5,490 sqft multi-family home built in 1937.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Steve Lew Real Estate Group, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/21/2025 11:57 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.