504 N 12th St

$124,900
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Investor's Gem in New Castle! Discover the perfect addition to your portfolio with this functional and fully rented triplex located in the heart of New Castle, Indiana. Featuring three separate 1-bedroom units, this property offers steady income from day one with current tenants already in place. While basic upgrades could elevate the property's value, each unit is livable and functional, making it an ideal opportunity for investors of any experience level. Enjoy the charm and ease of small-town...Investor's Gem in New Castle! Discover the perfect addition to your portfolio with this functional and fully rented triplex located in the heart of New Castle, Indiana. Featuring three separate 1-bedroom units, this property offers steady income from day one with current tenants already in place. While basic upgrades could elevate the property's value, each unit is livable and functional, making it an ideal opportunity for investors of any experience level. Enjoy the charm and ease of small-town living, all while being just a convenient day-drive from a wide range of entertainment, educational, and cultural attractions. Whether you're looking to start your investment journey or expand your holdings, this triplex delivers the perfect blend of affordability, potential, and location.
  1. Listed by James Gilday • eXp Realty, LLC

Property Details for 504 North 12th Street

Subdivision Name
No Subdivision
Township
Henry
Waterfront
No
LISTING UPDATED: 12/09/2025 03:08 PM

Property Details for 504 North 12th Street

StatusActive
MLS #22074783
Days on Market39
Taxes$892 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1943
Lot Size0.13 AC / 5,662 SF
CountyHenry County

Location

Listing Courtesy of eXp Realty, LLC
Add your commute

Building Information for 504 North 12th Street

Stories-Residences3Year Built1943Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$766 per month

30 year fixed, 6.28% Interest

Principal and Interest

$617

Property Taxes

$149

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 504 North 12th Street

Summary
Location and General Information
  • City: New Castle
  • County Or Parish: Henry
  • Directions: GPS Friendly
  • Postal Code: 47362
  • Postal Code Plus4: 4417
  • Road Access: Access Rd
  • Road Frontage Type: City Street
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Parcel Number: 331210410130000016
  • Semi Annual Property Tax Amt: 892
  • Tax Year: 2024
  • TaxLot: 1,2
  • Tax Block: 66
School Information
  • School District: New Castle Community School Corp
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Description: Corner Lot
  • Lot Size Square Feet: 5793.0
  • Lot Size Acres: 0.13
  • New Construction: False
  • Structure Type: Duplex
  • Year Built Numeric: 1943
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: Yes
  • DPRYN: Yes
  • Legal Subdivision: Woodwards 2nd Add S 66' Lot 1 & W 23' S 66' Lot 2
  • Photos Count: 10
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Utilities
  • Building Utilities: Municipal Storm Connected,Sewer
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle
Interior Features
  • Basement Description: Unfinished
  • Basement YN: Yes
  • Cooling: Other
  • Heating: Forced Air
  • Levels: One and One Half
  • Laundry Features: Other
Multi Family
Multi-Family Information
  • Total Units: 3
  • Garage Parking: On Street, Paved Area
Income & Expenses
  • Expenses: 372
  • Gross Income: $1,814.00
Unit 1
  • Unit Kitchen: 150
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: 150
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Unit 3
  • Unit Kitchen: 150
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom

Property History for 504 North 12th Street

DateEvent & SourcePriceAppreciation
Dec 9, 2025

Price Change

MIBORMLS #22074783

$124,900—
Nov 25, 2025

Listed (Active)

MIBORMLS #22074783

$140,000—
Nov 14, 2023

Expired

MIBORMLS #21864071

—
Sep 27, 2023

Sold

MIBORMLS #21930907

$120,000—
Sep 22, 2023

Pending

MIBORMLS #21930907

—
Sep 21, 2023

Sold (Public Record)

Public Record #1520357596

$120,000

+29.6% / yr

Jul 10, 2023

Listed (Active)

MIBORMLS #21930907

$125,000—
Mar 14, 2023

Withdrawn

MIBORMLS #21864071

—
Feb 1, 2023

Pending

MIBORMLS #21864071

—
Jan 30, 2023

Expired

MIBORMLS #21864071

—
Aug 5, 2022

Price Change

MIBORMLS #21864071

$137,500—
Jun 20, 2022

Listed (Active)

MIBORMLS #21864071

$145,000—
May 10, 2018

Sold

Indiana Regional MLS #201752597

$29,900—
May 10, 2018

Sold

MIBORMLS #21526595

$29,900—
May 10, 2018

Sold (Public Record)

Public Record #1378067451

$29,900—
Apr 11, 2018

Pending

MIBORMLS #21526595

—
Apr 11, 2018

Pending

Indiana Regional MLS #201752597

—
Nov 27, 2017

Listed (Active)

MIBORMLS #21526595

$29,900—
Nov 21, 2017

Listed (Active)

Indiana Regional MLS #201752597

$29,900—
Sep 30, 2007

Expired

MIBORMLS #2717180

—
Sep 30, 2007

Expired

Indiana Regional MLS #20020924

—
Mar 16, 2007

Listed (Active)

MIBORMLS #2717180

$60,000—
Mar 16, 2007

Listed (Active)

Indiana Regional MLS #20020924

$60,000—
Dec 31, 2006

Expired

MIBORMLS #2634730

—
Dec 31, 2006

Expired

Indiana Regional MLS #20021114

—
May 27, 2006

Listed (Active)

MIBORMLS #2634730

$69,900—
May 27, 2006

Listed (Active)

Indiana Regional MLS #20021114

$69,900—
Jul 31, 2003

Expired

MIBORMLS #2306256

—
Jul 31, 2003

Expired

Indiana Regional MLS #20020953

—
Jan 30, 2003

Listed (Active)

MIBORMLS #2306256

$62,900—
Dec 31, 2002

Expired

MIBORMLS #2234505

—
Jul 17, 2002

Listed (Active)

MIBORMLS #2234505

$62,900—
Jun 17, 2002

Listed (Active)

Indiana Regional MLS #20020953

$62,900—
DateEvent & SourcePrice
12/09/2025

Price Change

MIBORMLS #22074783

$124,900
11/25/2025

Listed (Active)

MIBORMLS #22074783

$140,000
11/14/2023

Expired

MIBORMLS #21864071

—
09/27/2023

Sold

MIBORMLS #21930907

$120,000
09/22/2023

Pending

MIBORMLS #21930907

—
09/21/2023

Sold (Public Record)

Public Record #1520357596

$120,000

+29.6% / yr

07/10/2023

Listed (Active)

MIBORMLS #21930907

$125,000
03/14/2023

Withdrawn

MIBORMLS #21864071

—
02/01/2023

Pending

MIBORMLS #21864071

—
01/30/2023

Expired

MIBORMLS #21864071

—
08/05/2022

Price Change

MIBORMLS #21864071

$137,500
06/20/2022

Listed (Active)

MIBORMLS #21864071

$145,000
05/10/2018

Sold

Indiana Regional MLS #201752597

$29,900
05/10/2018

Sold

MIBORMLS #21526595

$29,900
05/10/2018

Sold (Public Record)

Public Record #1378067451

$29,900
04/11/2018

Pending

MIBORMLS #21526595

—
04/11/2018

Pending

Indiana Regional MLS #201752597

—
11/27/2017

Listed (Active)

MIBORMLS #21526595

$29,900
11/21/2017

Listed (Active)

Indiana Regional MLS #201752597

$29,900
09/30/2007

Expired

MIBORMLS #2717180

—
09/30/2007

Expired

Indiana Regional MLS #20020924

—
03/16/2007

Listed (Active)

MIBORMLS #2717180

$60,000
03/16/2007

Listed (Active)

Indiana Regional MLS #20020924

$60,000
12/31/2006

Expired

MIBORMLS #2634730

—
12/31/2006

Expired

Indiana Regional MLS #20021114

—
05/27/2006

Listed (Active)

MIBORMLS #2634730

$69,900
05/27/2006

Listed (Active)

Indiana Regional MLS #20021114

$69,900
07/31/2003

Expired

MIBORMLS #2306256

—
07/31/2003

Expired

Indiana Regional MLS #20020953

—
01/30/2003

Listed (Active)

MIBORMLS #2306256

$62,900
12/31/2002

Expired

MIBORMLS #2234505

—
07/17/2002

Listed (Active)

MIBORMLS #2234505

$62,900
06/17/2002

Listed (Active)

Indiana Regional MLS #20020953

$62,900

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

Public Records for 504 North 12th Street

Taxable ValueLand$14,200Additions$75,000Total$89,200
Tax Record2024$1,784 ($149 / month)
Home Facts
Baths3.5Total Finished SqFt2,668 SqFtAbove Grade Finished SqFt2,668 SqFtStories2Lot Size5,793 SqFtStyleTriplexYear Built1943CountyHENRYAPN33-12-10-410-130.000-016

Schools near 504 North 12th 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
Wilbur Wright Elementary School
PublicPK to 6

New Castle Middle School
Public6 to 8

New Castle High School
Public9 to 12

Eastwood 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

504 North 12th Street is a multi-family home for sale in New Castle, IN 47362. This property was listed for sale on November 25, 2025 by eXp Realty, LLC, it's currently listed at $124,900. It has been on the market for a total of 39 days and was last sold on September 27, 2023. This listing's school district is New Castle Community Sch Corp. Nearby schools include Wilbur Wright Elementary School, New Castle Middle School and New Castle High School. 504 North 12th Street is a 0-bed, 0-bath, multi-family home built in 1943.

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 eXp Realty, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/03/2026 05:34 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.