Last Sold Price
709 Spring St, New Castle, IN 47362

Description

Investment opportunity! Three rental units, tons of square footage, and a 4 car garage, great income potential! The home features two units: a 3 bedroom apt and a 1 bedroom apt. The 3 bedroom apt is over 2,000 SF with a family room, dining room, half bath, kitchen, laundry room and large master bed on the main floorl. The second floor features 2 large bedrooms and a full bath. The second unit is a 1 bedroom with large living room, dining room, kitchen, full bath and laundry room. Outside are two...Investment opportunity! Three rental units, tons of square footage, and a 4 car garage, great income potential! The home features two units: a 3 bedroom apt and a 1 bedroom apt. The 3 bedroom apt is over 2,000 SF with a family room, dining room, half bath, kitchen, laundry room and large master bed on the main floorl. The second floor features 2 large bedrooms and a full bath. The second unit is a 1 bedroom with large living room, dining room, kitchen, full bath and laundry room. Outside are two 2-car garages (shared wall). Above the garage is a 2 bedroom apt with all appliances. Updated gas furnace and water heater. New exterior paint and other updates. Great tenants are in place and the garage apartment is available for lease.
LISTING CLOSED: 01/10/2022 12:00 AM

  1. Listed by Cara Huffman • F.C. Tucker/Crossroads Real Estate
    P: (765) 521-9464 C: (765) 524-2037 cara.huffman@talktotucker.com

Property Details for 709 Spring Street

Status
MLS #
21826370
Days on Market
6
Taxes
$274 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Residential Units - 1 to 4
Year Built
1928
Lot Size
0.15 AC / 6,621 SF
Architectural Style
Other
Subdivision Name
Elders
Township
Henry

Recent comparable sales

Median sold price

$115,000

Avg days on market

33

Sale-to-list ratio

88.3%

New Castle, IN

9 comparable properties found

$180,000 | 925 South Main Street, New Castle, IN 47362
1/10
1

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Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
0.1
Acres
$145,000 | 1821-1823 Grand Avenue, New Castle, IN 47362
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Sold 07/20/26

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Square Feet
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Acres
$205,500 | 1902 Rosemont Avenue, New Castle, IN 47362
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$205,500

Sold 10/17/25

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Bathrooms
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Square Feet
0.19
Acres
$115,000 | 504 North 12th Street, New Castle, IN 47362
1/11
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$115,000

Sold 02/05/26

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Bathrooms
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Square Feet
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Acres
$118,000 | 1127-1129 South 18th Street, New Castle, IN 47362
1/10
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$118,000

Sold 12/05/25

Unavailable
Bedrooms
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Bathrooms
Unavailable
Square Feet
0.12
Acres
$114,000 | 921 South 14th Street, New Castle, IN 47362
1/17
6

$114,000

Sold 03/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
$110,000 | 933 South 14th Street, New Castle, IN 47362
1/17
7

$110,000

Sold 07/31/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.18
Acres
$40,000 | 806 Broad Street, New Castle, IN 47362
1/35
8

$40,000

Sold 10/08/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.15
Acres
$80,000 | 114 North 17th Street, New Castle, IN 47362
1/22
9

$80,000

Sold 07/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.13
Acres

Location

Listing Courtesy of F.C. Tucker/Crossroads Real Estate

Sold By Non-BLC Office

Add your commute

Building Information for 709 Spring Street

Stories-Residences3Year Built1928Building Size-Lot Size0.15 AC / 6,621 SF

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$925 per month

30 year fixed, 6.55% Interest

Principal and Interest

$879

Property Taxes

$46

HOA Dues

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Property Information for 709 Spring Street

Summary
Location and General Information
  • City: New Castle
  • County Or Parish: Henry
  • Directions: From 3/38, north on 3 to Spring Street. East to property.
  • Postal Code: 47362
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 331210340176000016
  • Semi Annual Property Tax Amt: 274
  • Tax Exemption: None
  • Tax Year: 2021
  • TaxLot: 3
School Information
  • Schools: NEW CASTLE HIGH,NEW CASTLE MIDDLE,WILBUR WRIGHT ELEMENTARY
  • School District: New Castle Community School Corp
Owner
  • Owner Pays: Electricity, Gas, Insurance, Lawncare, Sewer, Water
Property
Lot Information
  • Acreage: <1/4 Acre
  • Building Information: Other
  • Lot Description: Access, Sidewalks
  • Lot Size Square Feet: 6600.0
  • Lot Size Acres: 0.152
  • MLS: MIBOR
  • New Construction: False
  • Structure Type: Triplex
  • Sq Ft Total: 0.0
  • Year Built Numeric: 1928
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Inspection Warranties: Lead Base Paint
  • Legal Subdivision: ELDERS 1ST ADD LOT 3 BLK 2
  • Photos Count: 36
  • Property Attached: Yes
  • Property Sub Type: Residential Units - 1 to 4
  • Property Type: Residential Income
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Green Features
  • Green Certification: No
Utilities
  • Operating Expense Includes: Other
  • Solid Waste: No
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other
Interior Features
  • Levels: Two
  • Laundry Features: Connections Some
  • Multi Baths: 4
  • Multi Beds: 6
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Total Rooms: 0
Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Count: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0
Multi Family
Multi-Family Information
  • Total Units: 3
  • Garage Parking: Other
Income & Expenses
  • Expenses: 3670
  • Gross Income: $16,700.00
Unit 1
  • Unit Kitchen: 15x12
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wind Unit
Unit 2
  • Unit Kitchen: 15x12
  • Unit Levels: 2
  • Unit Miscellaneous: Eat In Kitchen
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wind Unit
Unit 3
  • Unit Kitchen: 08x11
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wind Unit
Rental
Rental Information
  • Tenant Pays: Electricity, Trash Collection

Property History for 709 Spring Street

DateEvent & SourcePriceAppreciation
Jan 10, 2022

Sold

MIBORMLS #21826370

$173,000
Nov 29, 2021

Pending

MIBORMLS #21826370

Nov 24, 2021

Listed (Active)

MIBORMLS #21826370

$189,000
DateEvent & SourcePrice
01/10/2022

Sold

MIBORMLS #21826370

$173,000
11/29/2021

Pending

MIBORMLS #21826370

11/24/2021

Listed (Active)

MIBORMLS #21826370

$189,000

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

Schools near 709 Spring 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 709 Spring Street, New Castle, IN 47362
$173,000
6,621
$173,000
2.5
2,872
6,621
$72,000
2
1,140
6,621
$173,000
6
2,875
6,621
$30,000
4
1
1,504
8,581
$72,000
3
6,534

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 F.C. Tucker/Crossroads Real Estate

Based on information submitted to the MLS GRID as of 04/19/2023 10:11 AM. 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.