2702 Broad St

5,458 Sq. Ft.
$5 / Sq. Ft.
5,458
Sq. Ft.
$5
per Sq. Ft.

Description

Investment opportunity for under $50,000. This great location is on a corner lot on a busy road in New Castle at the Corner of Broad and 27th St. This Approx. 5500 sq. ft. 1 and 1/2 story building has unlimited possibilities. This property offers a huge building with a Parking Lot that is accessible from 3 sides. This building includes 9 individual spaces with multiple rooms. The property currently has 6 kitchens, 6 bathrooms multiply storage areas. It was a 6 unit apt. building in its former life,...Investment opportunity for under $50,000. This great location is on a corner lot on a busy road in New Castle at the Corner of Broad and 27th St. This Approx. 5500 sq. ft. 1 and 1/2 story building has unlimited possibilities. This property offers a huge building with a Parking Lot that is accessible from 3 sides. This building includes 9 individual spaces with multiple rooms. The property currently has 6 kitchens, 6 bathrooms multiply storage areas. It was a 6 unit apt. building in its former life, but is completely vacant and ready for new owners to bring back life to this diamond in the rough!
  1. Listed by Heather Clemmons • Starr Real Estate

Property Details for 2702 Broad Street

Style
Two Story
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 08/24/2018 07:50 PM

Property Details for 2702 Broad Street

StatusSold
MLS #201713501
Days on Market500
Taxes$900 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential / Apartment Building
Year Built1937
CountyHenry County

Location

Listing Courtesy of Starr Real Estate

Sold By Starr Real Estate

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Building Information for 2702 Broad Street

Building/Complex2702 Broad StFloor-Stories2Pet Policy-Pet Policy Details-Year Built1937Building Size-

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$211 per month

30 year fixed, 6.46% Interest

Principal and Interest

$136

Property Taxes

$75

HOA Dues

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Property Information for 2702 Broad Street

Summary
Location and General Information
  • Area: Henry County
  • City: New Castle
  • Zip Code: 47362
  • State: IN
  • Township: Henry
  • Fips Code: 18065
  • Directions To Property: Hwy 3 to New Castle. Left on Hwy 38/Broad St
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 900
  • Parcel Number Id: 33-12-14-220-180.000-016
School Information
  • School District: New Castle Community School Corp.
  • Elementary: Eastwood
  • Middle School: New Castle
  • High School: New Castle
Parking
  • Number Of Parking Spaces: 6
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Apartment Building
  • Approx Lot Size Acres: 0.3
  • Lot Dimensions: 110x122
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 5458.0
  • Approx Lot Size Sqft: 13068.0
  • Above Grade Finished Sqft: 5458.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 5458.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner
Property and Assessments
  • New Construction: No
  • Year Built: 1937
  • Age: 81
  • Possession: Close of Escrow
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
  • Sewer: Sewer Connected
Interior and Exterior Features
Exterior Features
  • Amenities: Washer Hook-Up
  • Exterior: Aluminum, Block
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 0
  • Number of Refrigerators: 0
  • Number of W/D Hookups: 1
  • Number of Washers: 0
  • Basement: No
  • Basement/Foundation: Slab
  • Cooling: None
  • Flooring: Other
  • Heating/Fuel: Baseboard
  • Stories: 2
  • Number of Above Grade Bedrooms: 6
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 6
  • Total Number of Full Baths: 6
  • Total Number of Half Baths: 0
  • Total Baths: 6
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 6
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 0
  • Number of Units: 6
Income & Expenses Information
  • Annual Electric Expense: $100.00
  • Annual Fuel Expense: $25.00
  • Annual Gross Rent $: $0
  • Annual Insurance Expense: $0
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $-1,060
  • Annual Property Tax: $900
  • Annual Trash Expense: $15
  • Annual Water/Sewer Exp: $20
  • Gross Monthly Income: $0
  • Gross Monthly Rent: $0
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Num of Rooms: 2
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: No
  • Unit 1-Garage: No
  • Unit 1-Level: Main
  • Unit 1-Unit Number: 1
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Num of Rooms: 2
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: No
  • Unit 2-Garage: No
  • Unit 2-Level: Main
  • Unit 2-Unit Number: 2
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 1
  • Unit 3-Num of Rooms: 3
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: No
  • Unit 3-Garage: No
  • Unit 3-Unit Number: 3
Unit 4
  • Unit 4-Num of Bathrooms: 1
  • Unit 4-Num of Bedrooms: 1
  • Unit 4-Num of Rooms: 3
  • Unit 4-Basement: No
  • Unit 4-Currently Rented: No
  • Unit 4-Garage: No
  • Unit 4-Level: Upper
  • Unit 4-Unit Number: 4
Unit 5
  • Unit 5-Num of Bathrooms: 1
  • Unit 5-Num of Bedrooms: 1
  • Unit 5-Num of Rooms: 3
  • Unit 5-Basement: No
  • Unit 5-Currently Rented: No
  • Unit 5-Garage: No
  • Unit 5-Level: Upper
  • Unit 5-Unit Number: 5
Unit 6
  • Unit 6-Num of Bathrooms: 1
  • Unit 6-Num of Bedrooms: 1
  • Unit 6-Num of Rooms: 3
  • Unit 6-Basement: No
  • Unit 6-Currently Rented: No
  • Unit 6-Garage: No
  • Unit 6-Level: Upper
  • Unit 6-Unit Number: 6
Rental
Rental Information
  • Lease Term: None
  • Owner Pays: Other
  • Tenant Pays: None

Property History for 2702 Broad Street

DateEvent & SourcePriceAppreciation
Feb 5, 2026

Expired

MIBORMLS #22020995

Feb 5, 2026

Withdrawn

MIBORMLS #22020995

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)

MIBORMLS #21476272

$49,900
Apr 3, 2017

Listed (Active)

Indiana Regional MLS #201713501

$39,900
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
02/05/2026

Expired

MIBORMLS #22020995

02/05/2026

Withdrawn

MIBORMLS #22020995

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)

MIBORMLS #21476272

$49,900
04/03/2017

Listed (Active)

Indiana Regional MLS #201713501

$39,900
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$203,000Total$232,500
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.

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Listing Courtesy of Starr Real Estate

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.