This 2-bedroom, 1-bath home offers a spacious living area, with the main bedroom and office located upstairs. The property features a very spacious backyard and a detached 3-car garage, providing plenty of outdoor space and storage. The home offers an opportunity to make improvements and add value. Conveniently located in New Castle with access to local schools, shopping, dining, parks, and major roadways, stop on by and see why this is perfect for you.
Single-familyProperty Type
1938Year Built
0.32 acresLot Size
$78Price/Sq.Ft.
3 car garageParking
Listed by Chris Price• Keller Williams Indy Metro Partners
This 2-bedroom, 1-bath home offers a spacious living area, with the main bedroom and office located upstairs. The property features a very spacious backyard and a detached 3-car garage, providing plenty of outdoor space and storage. The home offers an opportunity to make improvements and add value. Conveniently located in New Castle with access to local schools, shopping, dining, parks, and major roadways, stop on by and see why this is perfect for you.
MIBOR as Distributed by MLS Grid #21835132
Mar 7, 2022
Sold
$99,900
$63/sq ft
Jan 24, 2022
Listed
$94,900
$60/sq ft
IRMLS #202202363
Mar 7, 2022
Sold
$99,900
$63/sq ft
Jan 23, 2022
Listed
$94,900
$60/sq ft
+6
Two or three bedroom home on large lot w/ detached garage. The floor plan on this home is versatile with lots of options to make it work for you. Covered front porch. Large living room w/ a sitting room to the side. Eat-in kitchen. Bathroom w/ a large walk-in shower. Large back room could be a family room or a master suite. Separate laundry room. Upstairs is a spacious room that could also serve as your master or could be made into two bedrooms. The possibilities are endless. The roof is only 2 years old. Wood deck.
Year
Property tax
Land + Additions
Assessment*
2024
$988 (+8.6%)
$24,700 + $74,100
$98,800
2023
$910 (+14.2%)
$24,700 + $66,300
$91,000
2022
$797 (−41.5%)
$16,500 + $63,200
$79,700
2021
$1,362 (−1.1%)
$14,400 + $53,700
$68,100
2020
$1,377 (+4.5%)
$14,400 + $51,700
$66,100
2019
$1,318 (+0.9%)
$14,400 + $49,500
$63,900
2018
$1,306 (+112.6%)
$14,400 + $49,100
$63,500
2017
$614 (+5.4%)
$13,800 + $46,000
$59,800
2016
$583 (+11.7%)
$13,800 + $46,000
$59,800
2015
$522 (−21.6%)
$13,800 + $49,000
$62,800
2013
$666
$13,800 + $46,600
$60,400
Public record
Beds
3
Baths
1
Stories
1
Lot width
70 ft.
Lot depth
200 ft.
Lot size
0.32 Acres
Year renovated
1965
Finished Sq. Ft.
980
Unfinished Sq. Ft.
—
Total Sq. Ft.
980
Year built
1938
Style
Single Family Residential
County
Henry County
APN
331222420133000016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 31, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 99° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
New Castle, IN • 47362
Average low and high temperatures (°F)
30
15
40
24
59
37
67
46
70
52
81
64
85
68
82
62
80
56
69
46
52
37
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1316 R Ave
$117,816
$7,084 under list price of $125K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $112K to $205K.