Pending

$120,000

708 I Ave, New Castle, IN 47362

3beds

2,033sqft

$844/mo

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Residential, Single Family Residence

Built in 1942

0.43 Acres Lot

$-- Zestimate^®

$59/sqft

$-- HOA

What's special

Newer roofFunctional layout

Opportunities are abundant in this charming 3-bedroom, 1-bathroom property that perfectly balances a prime location with incredible sweat-equity potential. Perfectly suited for investors or anyone looking to customize their next space, this home features a newer roof that provides instant peace of mind. Situated in a highly desirable area, the location offers unparalleled convenience with close proximity to top-rated schools, local parks, shopping, and restaurants. While the property requires some TLC and cosmetic updates, it's solid bones and functional layout offer a blank canvas to build substantial value. Bring your creative vision and leverage this excellent opportunity to transform this house into an inviting and warm home.

24 days

368

41

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3

Primary bedroom

Level: Main
Area: 140 Square Feet
Dimensions: 14x10

Bedroom 2

Level: Main
Area: 99 Square Feet
Dimensions: 11x9

Bedroom 3

Level: Main
Area: 90 Square Feet
Dimensions: 10x9

Kitchen

Level: Main
Area: 135 Square Feet
Dimensions: 9x15

Living room

Level: Main
Area: 360 Square Feet
Dimensions: 20x18

Heating

Baseboard, Electric, Forced Air, Natural Gas

Cooling

None

Appliances

Included: None
Laundry: In Basement

Features

Attic Pull Down Stairs, Built-in Features, Hardwood Floors, Eat-in Kitchen
Flooring: Hardwood
Basement: Partial,Unfinished
Attic: Pull Down Stairs
Number of fireplaces: 1
Fireplace features: Family Room

Interior area

Total structure area: 2,033
Total interior livable area: 2,033 sqft
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Attached
Attached garage spaces: 1
Details: Garage Parking Other(Garage Door Opener)

Features

Levels: One
Stories: 1
Patio & porch: Covered
Fencing: Fenced,Chain Link

Lot

Size: 0.43 Acres
Features: Mature Trees

Details

Parcel number: 331215340141000016
Special conditions: As Is,Estate
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Residential, Single Family Residence

Materials

Vinyl Siding
Foundation: Block

Condition

Fixer
New construction: No
Year built: 1942

Utilities & green energy

Water: Public

Community & HOA

Community

Subdivision: Forest Hills

HOA

Has HOA: No

Location

Region: New Castle

Financial & listing details

Price per square foot: $59/sqft
Tax assessed value: $55,800
Annual tax amount: $1,166
Date on market: 7/29/2026
Cumulative days on market: 26 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/12/2026	Pending sale	$120,000$59/sqft
Source: MIBOR as distributed by MLS GRID #22116857 Report a problem
7/29/2026	Listed for sale	$120,000-20%
Source: IRMLS #202630613 Report a problem
1/1/2026	Listing removed	$149,999$74/sqft
Source: MIBOR as distributed by MLS GRID #21939843 Report a problem
11/21/2025	Price change	$149,999-14.3%$74/sqft
Source: MIBOR as distributed by MLS GRID #21939843 Report a problem
8/15/2025	Listed for sale	$175,000$86/sqft
Source: MIBOR as distributed by MLS GRID #21939843 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,128 +11.5%	$55,800 -1.1%
2024	$1,012 +18.6%	$56,400 +11.5%
2023	$853 +21.2%	$50,600 +19.1%
2022	$704 +2%	$42,500 +21.1%
2021	$690 +2.1%	$35,100 +2%
2020	$676 +3.2%	$34,400 +2.1%
2019	$655 +0.9%	$33,700 +6.3%
2017	$649 +7.3%	$31,700 +1.9%
2016	$605 -3.8%	$31,100 -0.6%
2014	$629 +1.6%	$31,300 +1.6%
2013	$619 -4%	$30,800 -4%
2012	$645 +0.2%	$32,100 +0.6%
2011	$644 -0.4%	$31,900 -64.2%
2010	$647 -23.1%	$89,100
2009	$841 +52.5%	$89,100 +0.7%
2007	$551	$88,500 +0.7%
2006	--	$87,900 +0.8%
2005	--	$87,200

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 47362

Getting around

56 / 100

Somewhat Walkable

43 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

3/10
Parker Elementary School
Grades: PK-5Distance: 0.4 mi
NA
New Castle Area Vocational School
Grades: 6-12Distance: 0.3 mi

Schools provided by the listing agent

Elementary: Parker Elementary School
Middle: New Castle Middle School
High: New Castle High School

Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.