Last Sold Price
0.5 baths
721 Spring St, New Castle, IN 47362

Description

Dont miss this very nice, 4 unit, money maker. Owner is retiring and wants to relax. Well maintained rental. 4 - 1 BR apartments. Each has its own 100 amp breaker boxDont miss this very nice, 4 unit, money maker. Owner is retiring and wants to relax. Well maintained rental. 4 - 1 BR apartments. Each has its own 100 amp breaker box
LISTING CLOSED: 03/31/2004 12:00 AM

  1. Listed by Ann Miller Inactive REALTOR • F.C. Tucker/Crossroads Real Estate

Property Details for 721 Spring Street

Status
MLS #
20021054
Days on Market
170
Taxes
$1,584 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Fourplex
Year Built
1900
Lot Size
0.15 AC / 6,534 SF

Recent comparable sales

Median sold price

$65,824

Avg days on market

145

Sale-to-list ratio

89.2%

New Castle, IN

9 comparable properties found

$55,000 | 0 West County Road 100 South, New Castle, IN 47362
1/16
1

$55,000

Sold 07/30/25

Unavailable
Bedrooms
0.5
Bathrooms
Unavailable
Square Feet
5
Acres
$70,400 | 3087 East State Road 38, New Castle, IN 47362
1/8
2

$70,400

Sold 07/29/25

Unavailable
Bedrooms
0.5
Bathrooms
Unavailable
Square Feet
2.76
Acres
$48,100 | 1 South Spiceland Pike, New Castle, IN 47362
1/27
3

$48,100

Sold 09/15/25

Unavailable
Bedrooms
0.5
Bathrooms
Unavailable
Square Feet
0.74
Acres
front view of a house
1/14
4

$69,000

Sold 01/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.19
Acres
a house view with a garden space
1/14
5

$65,000

Sold 09/13/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.09
Acres
a front view of a house with garden
1/11
6

$71,000

Sold 10/11/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.13
Acres
$70,000 | 306 East Wallace Avenue, New Castle, PA 16101
1/8
7

$70,000

Sold 08/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.18
Acres
front view of a house with a yard
1/19
8

$65,824

Sold 01/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.50
Acres
a view of backyard with barbeque grill potted plants and a big yard
1/9
9

$64,000

Sold 05/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.11
Acres

Amenities

  • Garage
  • Private Outdoor Space

Location

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

Sold By NonMember MEIAR

Add your commute

Building Information for 721 Spring Street

Stories-Residences4Year Built1900Building Size-Lot Size0.15 AC / 6,534 SF

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30 year fixed, 6.55% Interest

Principal and Interest

$341

Property Taxes

$132

HOA Dues

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Property Information for 721 Spring Street

Summary
Location and General Information
  • Area: Henry County
  • City: New Castle
  • Zip Code: 47362
  • State: IN
  • Township: Henry
  • Directions To Property: 3 & 38. East on SR 38 to 8th. Turn north to Spring At the corner of 8th & Spring
Taxes and HOA
  • Assessed Value $: $21,600.00
  • Assoc Dues Frequency: Not Applicable
  • Parcel Number Id: 030-0360-200
School Information
  • School District: New Castle Community School Corp
  • Elementary: Greenstreet
  • Middle School: New Castle
  • High School: New Castle
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fourplex
  • Approx Lot Size Acres: 0.15
  • Lot Dimensions: 50x132
  • Total Square Feet: 2306.0
  • Upper Level Sqft: 1164.0
  • Approx Lot Size Sqft: 6534.0
  • Total Below Grade Sqft: 1142.0
  • Lot Description: Level
  • Main Level Sqft: 1142.0
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 114
  • Possession: Closing, Subject To Tenants Rights
  • Documents Available: LBP Form, Sellers Disclosure
  • Planned Unit Development: No
Green Features
  • Exemptions: No Exemptions
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Cable Ready, Porch Open, Storm Windows
  • Exterior: Vinyl
  • Fence: Partial
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Shingle
Interior Features
  • Basement: Yes
  • Basement/Foundation: Full Basement
  • Heating/Fuel: Gas, Forced Air
Multi Family
Multi-Family Information
  • Number of Units: 4
Income & Expenses Information
  • Annual Property Tax: $1,584
  • Annual Water/Sewer Exp: $0
Unit Information
Unit 1
  • Unit 1-Garage Type: Detached
  • Unit 1-Garage/Num of Cars: 2
  • Unit 1-Unit Rent $: $350
Unit 2
  • Unit 2-Unit Rent $: $350
Unit 3
  • Unit 3-Unit Rent $: $350
Unit 4
  • Unit 4-Unit Rent $: $350
Unit 5
  • Unit 5 SqFt: Y
Rental
Rental Information
  • Enrgy Efficient Win/Doors: Storm Windows
  • Lease Term: Month to Month, 1 Year
  • Owner Pays: Fuel, Maintenance, Sewer, Tax, Water
  • Tenant Pays: Electric

Property History for 721 Spring Street

DateEvent & SourcePriceAppreciation
Mar 31, 2004

Sold

Indiana Regional MLS #20021054

$67,000
Mar 31, 2004

Sold

MIBORMLS #2341491

$67,000
Jan 22, 2004

Pending

Indiana Regional MLS #20021054

DateEvent & SourcePrice
03/31/2004

Sold

Indiana Regional MLS #20021054

$67,000
03/31/2004

Sold

MIBORMLS #2341491

$67,000
01/22/2004

Pending

Indiana Regional MLS #20021054

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

Public Records for 721 Spring Street

Taxable ValueLand$16,800Additions$91,800Total$108,600
Tax Record2025$2,258 ($188 / month)
Home Facts
Baths3Total Finished SqFt2,314 SqFtAbove Grade Finished SqFt2,314 SqFtUnfinished Basement SqFt1,144 SqFtStories2Lot Size6,621 SqFtStyleTriplexYear Built1952Year Renovated1952CountyHENRYAPN33-12-10-340-180.000-016

Schools near 721 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 - 6 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 Area Vocational School
Public6 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: 721 Spring Street, New Castle, IN 47362
$67,000
0.5
6,534
$30,000
4
1
1,504
8,581
2
1
840
3,833
$173,000
2.5
2,872
6,621
$173,000
6
2,875
6,621
$173,000
6,621

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 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.