This home's estimate is 69.8% higher than the average sale price ($112K) of 6 comparable homes.
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707,709,709 1/2 Spring St, New Castle, IN 47362
About this home
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.
Redfin Estimate
Market trends in 47362, IN
Last updated August 2026
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Sale history for 707,709,709 1/2 Spring St
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking Information
- Unit Parking: Other
- Parking Features: Alley Access, Concrete
Interior
- Interior Sq. Ft. Information
- Building Area Total: 0
- Living Area: 0
- Laundry Room Information
- Laundry Features: Connections Some
- Multi-Family Financial Information
- Owner Pays: Electricity, Gas, Insurance, Lawncare, Sewer, Water
- Operating Expense Includes: Other
- Gross Income: 16700
- Expenses: 3670
- Multi-Unit Information
- Multi Beds: 6
- Multi Baths: 4
- # of Units: 3
- Multi Rooms: 16
- Unit Type 1 Information
- Kitchen: 15x12
- Levels: 1
- Miscellaneous: Eat In Kitchen
- Rent: 507
- Rent Frequency: Monthly
- Utilities: Cl Wind Unit
- Unit Type 2 Information
- Kitchen: 15x12
- Levels: 2
- Miscellaneous: Eat In Kitchen
- Rent: 597
- Rent Frequency: Monthly
- Utilities: Cl Wind Unit
- Unit Type 3 Information
- Kitchen: 08x11
- Levels: 1
- Miscellaneous: Eat In Kitchen
- Rent Frequency: Monthly
- Rent: 595
- Utilities: Cl Wind Unit
Exterior
- Building Information
- Building Information: Other
- Property Features
- Conversion: No
- Property Information
- Property Type: Residential Income
- Attached Property
- Property Sub Type: Residential Units - 1 to 4
- Land Information
- Acres: <1/4 Acre
- Lot Information
- Lot Size Acres: 0.152
- Lot Features: Access, Sidewalks
Utilities
- Utility Information
- Utilities: Electricity Connected, Sewer Connected, Water Connected
- Solid Waste Information: No
Location
- School Information
- Schools: NEW CASTLE HIGH,NEW CASTLE MIDDLE,WILBUR WRIGHT ELEMENTARY
- High School District: New Castle Community School Corp
- Location Information
- Directions: From 3/38, north on 3 to Spring Street. East to property.
- Tax Legal Description: ELDERS 1ST ADD LOT 3 BLK 2
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (2-4 Unit)
- Year Built: —
- Year Renovated: —
- County: Henry County
- APN: 331210340176000016
Other
- Listing Information
- Attribution Contact: cara.huffman@talktotucker.com
- Green Information
- Green Certification YN: No
- Home Information
- Construction Materials: Other
- Structure Type: Triplex
- Levels: Two
Around this home
Schools
Public PreK-6 • 0.9mi
Public 6-12 • 1.5mi
Public 9-12 • 1.5mi
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 9.9 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.
Sell confidently with a local market expert in New Castle. 3 minutes to get started.
Nearby similar homes
New listings for sale in 47362
Home values near 707,709,709 1/2 Spring St
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 2400 Sq. Ft. | $148,479 |
3 Beds | 1 Baths | 2001 Sq. Ft. | $127,751 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1299 Sq. Ft. | $132,105 |
2 Beds | 1 Baths | 840 Sq. Ft. | $71,861 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1896 Sq. Ft. | $100,281 |
3 Beds | 1 Baths | 1572 Sq. Ft. | $170,204 |
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