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Off market
  • $802,400

    488 Shelly Ln, New Castle, IN 47362

    5beds
    4,384sqft
    SingleFamily
    Built in 2006
    15.54 Acres Lot
    $802,400 Zestimate®
    $183/sqft
    $2,905 Estimated rent

    Home value

    $802,400

    $738,000 - $867,000

    $2,905/mo

    Zestimate® history
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    $3,894/mo

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    What's special

    This AWESOME property is what I like to call "an all purpose property." While it is perfect for any family that needs lots of space and desires to have a wooded, secluded hideaway, this home was built to accommodate families with mobility issues. All of the doors are wide enough to navigate in a wheelchair. Of course, there are stairs to the upper level and basement, but there is also a 'top of the line' elevator that services all floors. There are grab bars in the walk-in showers and many other features to make this home compliant for those that have ADA needs. Here is the fun stuff. The location is fantastic! The house is secluded, at the end of a tree lined drive. The property features ravines, hills, and trails to hike and explore. Deer roam the property. There are 5 bedrooms with the master on the first floor, and 3.5 baths. The formal dining room is big enough for a large table and opens to the kitchen and living room. The walkout basement has a family room, a 2nd kitchen, full bath, large bedroom, and room for an office. With it's private entrance this could be a great 'mother in law' suite. There is lots of natural light throughout this house. the numerous windows and 5 dormers. Either of the 2nd story balconies is a great place to relax in a rocker or the hot tub. But wait!! There's more! The workshop/storage building has 1200 sq. ft. concrete auto bays, a graveled equipment storage area, heated workshop, and upstairs storage area. This is really a cool property! This is a custom engineered and built home. It will serve a large family, a family with mobility issues, a family that needs an extra living space, and anyone that loves the outdoors! The seller has prepared a comprehensive list of features and accessories for this property that is available from any Realtor from the local MLS .

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Central
    Features
    • Basement: Finished
    Interior area
    • Total interior livable area: 4,384 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Lot
    • Size: 15.54 Acres
    Details
    • Parcel number: 331216000301000015

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 2006

    Utilities & green energy

    • Sewer: Septic

    Community & neighborhood

    Location
    • Region: New Castle

    Other

    Other facts
    • Sale/Rent: For Sale
    • AMENITIES: Detector-Smoke, Porch Covered, Main Floor Laundry, Workshop, 1st Bdrm En Suite, Cable Available, Garage Door Opener, Formal Dining Room, Closet(s) Walk-in, Disposal, Dryer Hook Up Electric, Range/Oven Hook Up Elec, Ceiling-Cathedral, Hot Tub/Spa, Countertops-Solid Surf, Tub/Shower Combination, Deck Covered, Balcony, ADA Features, Multiple Phone Lines, Elevator, Generator Ready
    • COOLING: Central Air
    • EXTERIOR: Vinyl, Brick
    • FLOORING: Carpet, Tile, Laminate
    • HEATING/FUEL: Forced Air, Electric, Heat Pump
    • Kitchen Level: Main
    • 1st Bdrm Level: Main
    • Platted Y/N: Yes
    • Assoc. Dues Frequency: Not Applicable
    • Laundry Level: Main
    • Basement Y/N: Yes
    • BASEMENT/FOUNDATION: Finished, Walk-Out Basement
    • Water Utility: Well
    • Well Type: Private
    • Sewer: Septic
    • Dining Rm Level: Main
    • Family Rm Level: Basement
    • Garage Type: Attached
    • ROOF MATERIAL: Shingle
    • Outbuilding 1: Outbuilding
    • BASEMENT MATERIAL: Poured Concrete
    • 3rd Bdrm Level: Upper
    • 4th Bdrm Level: Upper
    • Style: One and Half Story
    • Other Room 1 Level: Lower
    • LOCATION: Rural
    • Other Room 2 Level: Upper
    • LOT DESCRIPTION: Rolling, Heavily Wooded
    • Township: Henry
    • 2nd Bdrm Level: Lower
    • 5th Bdrm Level: Lower
    • ENERGY EFFICIENT: Windows
    • Extra Rm Level: Lower
    • ARCHITECTURAL STYLE: Cape Cod
    • Association ID: Mid-Eastern IN Assoc. of REALTOR

    Price history

    DateEventPrice
    5/18/2018Sold$550,000+0%$125/sqft
    Source: MIBOR as distributed by MLS GRID #21547392 Report a problem
    2/19/2018Listed for sale$549,900$125/sqft
    Source: F.C. Tucker Muncie, REALTORS #201806063 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,848 +3%$461,700 -3.8%
    2024$4,706 +1.1%$479,900 +11.4%
    2023$4,652 +8%$430,700 +2.2%
    2022$4,308 +2.7%$421,300 +8.2%
    2021$4,195 +30.7%$389,200 +2.4%
    2020$3,209 -0.2%$380,200 +33.5%
    2019$3,215 +12.4%$284,800 +0.9%
    2017$2,860 +40.6%$282,200 +11.3%
    2016$2,034 +9.5%$253,600 +1.4%
    2014$1,857 +6.3%$250,000 +5.2%
    2013$1,747 +0.1%$237,600 -1.5%
    2012$1,745 -21.8%$241,200 -19%
    2011$2,232 -10.6%$297,900 +0.6%
    2010$2,497 +16.7%$296,110 +0%
    2009$2,139 +13%$296,050 -0.8%
    2007$1,893 $298,500

    Find assessor info on the county website

    Neighborhood: 47362

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Westwood
    • Middle: New Castle
    • High: New Castle
    • District: New Castle Community School Corp

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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