This fully renovated and stabilized 4-unit property in New Castle, Indiana, offers an excellent opportunity to acquire a prime, cash-flowing asset. Each of the four units features a 1-bedroom, 1-bathroom layout, appealing to a strong tenant base. The property is currently generating a consistent income with all units rented at $750 per month. With all rehabilitation work completed, this turnkey investment is positioned to deliver immediate returns and become a foundational component of your real estate portfolio.
Sold
$180,000
925 S Main St, New Castle, IN 47362
1beds
1baths
--sqft
Multi Family, Quadruplex
Built in 1900
-- sqft lot
$185,000 Zestimate®
$--/sqft
$682 Estimated rent
Home value
$185,000
Estimated sales range
Not available
$682/mo
Zestimate® history
Owner options
List your home for rent
$682/mo
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$682/mo
Rent Zestimate®
Refinance and save
$1,131/mo
Est. payment
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$1,131/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Justin Lowe 765-401-1122,
Ellsbury Group,
David Orton 317-412-1572,
Ellsbury Group
Bought with:
Ken Yoder
Hoosier, REALTORS®
Source: MIBOR as distributed by MLS GRID,MLS#: 22066058
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Natural Gas
Cooling
- Window Unit(s)
Features
- Has basement: Yes
Property
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 4,356 sqft
Details
- Parcel number: 331215410225000016
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Condition
- New construction: No
- Year built: 1900
Community & neighborhood
Location
- Region: New Castle
- Subdivision: No Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Sold | $180,000-2.7% |
Source:  MIBOR as distributed by MLS GRID #22066058 Report a problem | ||
| 10/8/2025 | Pending sale | $185,000 |
Source: MIBOR as distributed by MLS GRID #22066058 Report a problem | ||
| 10/1/2025 | Listed for sale | $185,000+54.2% |
Source: MIBOR as distributed by MLS GRID #22066058 Report a problem | ||
| 2/22/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/19/2023 | Listed for rent | $640 |
Source: Zillow Rentals Report a problem | ||
| 2/1/2023 | Sold | $120,000-22.5% |
Source:  IRMLS #202239233 Report a problem | ||
| 1/5/2023 | Contingent | $154,900 |
Source: IRMLS #202239233 Report a problem | ||
| 12/29/2022 | Price change | $154,900-8.3% |
Source: IRMLS #202239233 Report a problem | ||
| 10/25/2022 | Listed for sale | $169,000 |
Source: IRMLS #202239233 Report a problem | ||
| 10/18/2022 | Pending sale | $169,000 |
Source: IRMLS #202239233 Report a problem | ||
| 10/13/2022 | Listed for sale | $169,000 |
Source: IRMLS #202239233 Report a problem | ||
| 10/5/2022 | Pending sale | $169,000 |
Source: IRMLS #202239233 Report a problem | ||
| 9/20/2022 | Listed for sale | $169,000 |
Source: IRMLS #202239233 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,476 | $69,000 -6.5% |
| 2024 | -- | $73,800 |
| 2023 | -- | $73,800 +20.6% |
| 2022 | -- | $61,200 +20.7% |
| 2021 | -- | $50,700 +4.1% |
| 2020 | -- | $48,700 +1.9% |
| 2019 | $18 -71.8% | $47,800 +3.7% |
| 2017 | $63 | $46,100 +10.8% |
| 2016 | -- | $41,600 +2% |
| 2014 | -- | $40,800 +6.3% |
| 2013 | -- | $38,400 -5% |
| 2012 | -- | $40,400 -1.7% |
| 2011 | -- | $41,100 -12.2% |
| 2010 | -- | $46,800 -3.5% |
| 2009 | -- | $48,500 -57.1% |
| 2007 | $1,098 | $113,000 |
Find assessor info on the county website
Neighborhood: 47362
Nearby schools
GreatSchools rating
- 3/10Parker Elementary SchoolGrades: PK-5Distance: 0.6 mi
- NANew Castle Area Vocational SchoolGrades: 6-12Distance: 0.8 mi
- 5/10New Castle High SchoolGrades: 9-12Distance: 0.8 mi
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- Indiana
- Henry County
- New Castle
- 47362
- 925 S Main St
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