SOLD MAY 28, 2026

Sold on may 2026

$195,000

•

1,625

sq ft

508 Riley Rd, New Castle, IN 47362

Track this home’s value and nearby sales activity

About this home

Well-maintained 2-bedroom, 2-bath home offering approximately 1,600 square feet of comfortable living space. Inside, you’ll find beautiful hardwood floors and a functional layout for everyday living. The fully finished basement, with its own private exterior entrance, provides excellent flexibility for additional living space, recreation, or other uses as needed. In the kitchen you'll find ample cabinet space, a breakfast bar, and a gas cooktop. Washer and dryer remain with the sale. The 2 bedrooms and 2 full bathrooms make this home even more functional. Bonus room in basement could be used as flex space. Step outside to a spacious, fenced backyard featuring a covered deck with hot tub, ideal for relaxing or entertaining. The outdoor space also includes a fire pit, garden area, and a variety of fruit trees, including pear, cherry, and peach. Additional highlights include a 2-car garage and Rhino Shield exterior coating applied within the last five years, complete with a transferable warranty. This property offers a great combination of indoor comfort and outdoor amenities.

Single-familyProperty Type

1948Year Built

0.28 acresLot Size

$120Price/Sq.Ft.

2 car garageParking

Listed by Samuel Pavy • RE/MAX First Integrity

Contact: Cell: 765-520-6854

Bought with Realtor NonMember MEIAR • NonMember MEIAR

Redfin checked: 2 minutes ago

•Source:IRMLS #202612940

Redfin Estimate

$223,290

$28K since sold in May 2026$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.5% higher than the average sale price ($208K) of 6 comparable homes.

SOLD SEP 4, 2026
$250,000
A
3 beds2 baths1,496 sq ft
709 Redbud Ln, New Castle, IN 47362
SOLD JUN 3, 2026
$215,000
B
3 beds2 baths2,400 sq ft
2724 E Fairoaks Dr, New Castle, IN 47362
SOLD JUN 29, 2026
$240,000
C
3 beds2.5 baths2,120 sq ft
712 Redbud Ln, New Castle, IN 47362
SOLD APR 3, 2026
$127,000
D
3 beds2 baths1,424 sq ft
809 Crescent Dr, New Castle, IN 47362
SOLD SEP 30, 2026
$211,000
E
3 beds2 baths1,592 sq ft
2616 Maple Dr, New Castle, IN 47362
SOLD JUL 31, 2026
$203,000
F
3 beds1.5 baths1,296 sq ft
909 White Dr, New Castle, IN 47362

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Market trends in 47362, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

96.8%

+1.2% MoM

Median sale price

$171K

$1K MoM

Avg. days on market

14d

2 days MoM

Recently sold homes

2 MoM

New listings for sale

$249,900
3 beds2.5 baths1,792 sq ft
1678 W CR 100 S, New Castle, IN 47362
$83,900
2 beds1 bath1,190 sq ft
963 S 22nd St, New Castle, IN 47362
$535,000
4 beds4 baths3,888 sq ft
2826 S Main St, New Castle, IN 47362
$139,900
3 beds1 bath988 sq ft
2945 Brentwood Rd, New Castle, IN 47362
$145,000
3 beds1 bath1,568 sq ft
1003 Church St, New Castle, IN 47362
$165,000
3 beds2 baths1,970 sq ft
1404 S 23rd St, New Castle, IN 47362
$49,900
2 beds1 bath808 sq ft
1018 S 15th St, New Castle, IN 47362
$99,900
2 beds1 bath744 sq ft
2316 F Ave, New Castle, IN 47362
3D WALKTHROUGH
$54,900
3 beds1 bath1,040 sq ft
1421 S 25th St, New Castle, IN 47362
$140,000
3 beds1 bath1,568 sq ft
940 S 14th St, New Castle, IN 47362
See all

Provided by Redfin

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Rental estimate

Est. $1,306 per month, based on comparable rentals

Sale and tax history for 508 Riley Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2024

$1,868 (+1.6%)

$18,200 + $75,200

$93,400

2023

$1,838 (+11.1%)

$18,200 + $73,700

$91,900

2022

$1,654 (+12.4%)

$18,200 + $64,500

$82,700

2021

$1,472 (−1.3%)

$15,800 + $57,800

$73,600

2020

$1,491 (+3.2%)

$15,800 + $55,800

$71,600

2019

$1,445 (+132.5%)

$15,800 + $54,300

$70,100

2018

$621 (+6.9%)

$14,400 + $56,100

$70,500

2017

$581 (+4.1%)

$14,000 + $54,300

$68,300

2016

$558 (+23.7%)

$14,000 + $54,300

$68,300

2015

$451 (−24.5%)

$14,000 + $51,800

$65,800

2013

$597

$14,800 + $50,900

$65,700

Public record

Beds

Baths

Stories

Lot width

70 ft.

Lot depth

171 ft.

Lot size

0.28 Acres

Year renovated

1948

Sq. Ft.

885

Year built

1948

Style

Single Family Residential

County

Henry County

APN

331222340113000016

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 15, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 2
Parking Features: Asphalt, Detached

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 2
# of Main Level Bathrooms: 1

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Natural Gas

Interior Features
Appliances: Microwave, Refrigerator, Washer, Water Softener Owned, Electric Range, Water Purifier, Dryer
Flooring: Hardwood, Vinyl, Other
# of Fireplaces: 1
Fireplace Features: None

Room Information
# of Rooms Total: 7
Laundry Features: In Basement
Has Basement
Basement Details: Finished, Full, Exterior Entry

Exterior

Exterior Features
Exterior Features: Fire Pit
Patio And Porch Features: Deck
Fencing: Chain Link
Roof: Shingle

Pool Information
Has Spa/Hot Tub

Building Information
Above Grade Finished Area: 885
Below Grade Finished Area: 740
# of Stories Total: 1
Construction Materials: Aluminum Siding
Foundation Details: Block

Property Features
Security Features: Smoke Detector(s)

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Site-Built Home

Lot Information
Lot Features: Landscaped
Lot Size Dimensions: 70 x 171
Lot Size Acres: 0.28

Financial

Tax Information
Tax Annual Amount: $1,912.92

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Location

HOA Information
Association Amenities: None

Schools Information
School District: New Castle Community School Corp
Elementary School: Riley
Middle Or Junior School: New Castle
High School: New Castle

Location Information
Directions: GPS Friendly
Subdivision Name: None

Community Information
Community Features: None

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 885
Stories: 1.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 1948
Year Renovated: 1948
County: Henry County
APN: 331222340113000016

Home facts updated by county records on Oct 15, 2026

Other

Listing Information
List AOR: Mid-Eastern IN Assoc. of REALTOR
AttributionContact: Cell: 765-520-6854

Around this home

Schools

Some nearby schools may not be within this home's attendance zone. Please check the New Castle Community School Corporation website to verify.

James Whitcomb Riley Elementary School

Public PreK-6 • 0.4mi

6/10

New Castle Middle School

Public 6-8 • 0.6mi

4/10

New Castle High School

Public 9-12 • 0.7mi

5/10

Provided by GreatSchools

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

91/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in New Castle. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.2 hrs

6.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$213,000 – $257,000

Sell confidently with a local market expert in New Castle.

Nearby similar homes

SHORT SALE

$50,000

3 beds1 bath2,152 sq ft

1103 S 18th St, New Castle, IN 47362

$49,900

2 beds1 bath808 sq ft

1018 S 15th St, New Castle, IN 47362

3D WALKTHROUGH

$209,000

3 beds2 baths1,056 sq ft

1000 White Dr, New Castle, IN 47362

$165,000

3 beds2 baths1,970 sq ft

1404 S 23rd St, New Castle, IN 47362

$74,900

3 beds1 bath1,020 sq ft

1027 S 17th St, New Castle, IN 47362

$39,900

4 beds2 baths2,088 sq ft

1917 Indiana Ave, New Castle, IN 47362

New listings for sale in 47362

$249,900

3 beds2.5 baths1,792 sq ft

1678 W CR 100 S, New Castle, IN 47362

$83,900

2 beds1 bath1,190 sq ft

963 S 22nd St, New Castle, IN 47362

$535,000

4 beds4 baths3,888 sq ft

2826 S Main St, New Castle, IN 47362

$139,900

3 beds1 bath988 sq ft

2945 Brentwood Rd, New Castle, IN 47362

$145,000

3 beds1 bath1,568 sq ft

1003 Church St, New Castle, IN 47362

$165,000

3 beds2 baths1,970 sq ft

1404 S 23rd St, New Castle, IN 47362

$49,900

2 beds1 bath808 sq ft

1018 S 15th St, New Castle, IN 47362

$99,900

2 beds1 bath744 sq ft

2316 F Ave, New Castle, IN 47362

3D WALKTHROUGH

$54,900

3 beds1 bath1,040 sq ft

1421 S 25th St, New Castle, IN 47362

Home values near 508 Riley Rd

Data from public records.

Address	Redfin Estimate
228 Riley Road, New Castle, IN 3 Beds \| 1 Baths \| 1584 Sq. Ft.	$202,149
519 Riley Road, New Castle, IN 3 Beds \| 2 Baths \| 1108 Sq. Ft.	$189,114

Address	Redfin Estimate
524 Riley Road, New Castle, IN 3 Beds \| 2 Baths \| 1686 Sq. Ft.	$195,772
500 Riley Road, New Castle, IN 2 Beds \| 1 Baths \| 816 Sq. Ft.	$129,193

Address	Redfin Estimate
605 Riley Road, New Castle, IN 3 Beds \| 1 Baths \| 1152 Sq. Ft.	$170,625
413 Riley Road, New Castle, IN 3 Beds \| 2 Baths \| 2992 Sq. Ft.	$237,488

Property information provided by IRMLS when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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