Looking for your next project? This one-level home sits on just under a half acre in a peaceful rural setting while still offering the convenience of city utilities. Located just minutes from State Road 103, Henry Community Health, and the Wilbur Wright Trail access point, the location strikes a nice balance between country feel and everyday convenience. Whether you're searching for your next flip, a rental investment, or a property to renovate into something special, bring your vision & your toolbox and see what's possible. Seller financing available.
Active
Price cut: $4K (8/3)
$39,900
1402 Alabama St, New Castle, IN 47362
3beds
912sqft
Single Family Residence
Built in 1940
0.41 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Peaceful rural settingOne-level home
- 41 days |
- 843 |
- 57 |
Zillow last checked:
Listing updated:
Listed by:
Krista Gibson Cell:765-524-4013,
RE/MAX First Integrity
Source: IRMLS,MLS#: 202626786
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
- Area: 168
- Dimensions: 14 x 12
Living room
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Heating
- Natural Gas, Forced Air
Cooling
- None
Appliances
- Included: Range/Oven Hook Up Gas, Refrigerator
- Laundry: Main Level, Washer Hookup
Features
- Ceiling Fan(s), Laminate Counters, Eat-in Kitchen, Tub/Shower Combination
- Flooring: Carpet, Laminate
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 912
- Total interior livable area: 912 sqft
- Finished area above ground: 912
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch Covered
- Fencing: None
Lot
- Size: 0.41 Acres
- Features: Level, 0-2.9999, City/Town/Suburb
Details
- Parcel number: 331210200243.000015
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: CenterPoint Energy
- Sewer: City
- Water: City, New Castle Utility
- Utilities for property: Cable Available
Community & HOA
Community
- Features: None
- Subdivision: None
Location
- Region: New Castle
Financial & listing details
- Tax assessed value: $38,700
- Annual tax amount: $798
- Date on market: 7/6/2026
- Listing terms: Cash,Other
Estimated market value
Not available
Estimated sales range
Not available
$1,131/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Price change | $39,900-9.1% |
Source:  IRMLS #202626786 Report a problem | ||
| 7/6/2026 | Listed for sale | $43,900+48.9% |
Source: IRMLS #202626786 Report a problem | ||
| 6/24/2026 | Listing removed | $695$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/11/2026 | Price change | $695-12.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/30/2026 | Listed for rent | $795$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/23/2026 | Listing removed | $795$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/30/2025 | Price change | $795-6.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/30/2025 | Listed for rent | $850$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/14/2025 | Sold | $29,481$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $804 +6.4% | $39,900 -0.7% |
| 2024 | $756 +3.4% | $40,200 +6.6% |
| 2023 | $731 +10.5% | $37,700 +3.6% |
| 2022 | $662 +3% | $36,400 +10.6% |
| 2021 | $643 +2.9% | $32,900 +2.8% |
| 2020 | $624 +1.9% | $32,000 +2.9% |
| 2019 | $613 +2737.6% | $31,100 +3.7% |
| 2017 | $22 | $30,000 +11.9% |
| 2016 | -- | $26,800 +2.7% |
| 2014 | -- | $26,100 +6.5% |
| 2013 | -- | $24,500 -27.3% |
| 2012 | -- | $33,700 -1.7% |
| 2011 | -- | $34,300 -3.9% |
| 2010 | -- | $35,700 |
| 2009 | -- | $35,700 -0.6% |
| 2007 | $22 | $35,900 +4.1% |
| 2006 | -- | $34,500 |
| 2005 | -- | $34,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 47362
Nearby schools
GreatSchools rating
- 8/10Wilbur Wright Elementary SchoolGrades: PK-6Distance: 0.5 mi
- NANew Castle Area Vocational SchoolGrades: 6-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Wilbur Wright
- Middle: New Castle
- High: New Castle
- District: New Castle Community School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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