504 N 12th St

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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
    P: (888)-611-3912 JIM@THEGILDAYGROUP.COM

Property Details for 504 North 12th Street

Subdivision Name
No Subdivision
Township
Henry
Waterfront
No
LISTING UPDATED: 02/05/2026 04:13 PM

Property Details for 504 North 12th Street

StatusClosed
MLS #22074783
Days on Market47
Taxes$892 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1943
Lot Size0.13 AC / 5,662 SF
CountyHenry County

Location

Listing Courtesy of eXp Realty, LLC

Sold By Legacy Real Estate Partners

Add your commute

Building Information for 504 North 12th Street

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

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OriginPoint Mortgage or Rocket Mortgage1

$728 per month

30 year fixed, 6.46% Interest

Principal and Interest

$579

Property Taxes

$149

HOA Dues

$0

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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
  • Buyer Financing: Cash
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
Feb 5, 2026

Sold

MIBORMLS #22074783

$115,000—
Jan 12, 2026

Pending

MIBORMLS #22074783

—
Dec 9, 2025

Price Change

MIBORMLS #22074783

$124,900—
DateEvent & SourcePrice
02/05/2026

Sold

MIBORMLS #22074783

$115,000
01/12/2026

Pending

MIBORMLS #22074783

—
12/09/2025

Price Change

MIBORMLS #22074783

$124,900

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$72,300Total$86,500
Tax Record2024$1,784 ($149 / month)
Home Facts
Baths3.5Total Finished SqFt2,668 SqFtAbove Grade Finished SqFt2,668 SqFtStories2Lot Size5,793 SqFtStyleTriplexYear Built1943Year Renovated1945CountyHENRYAPN33-12-10-410-130.000-016

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.

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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

Based on information submitted to the MLS GRID as of 02/05/2026 04:13 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.