Investor's Gem in New Castle! Discover the perfect addition to your portfolio with this functional and fully rented triplex located in the heart of New Castle, Indiana. Featuring three separate 1-bedroom units, this property offers steady income from day one with current tenants already in place. While basic upgrades could elevate the property's value, each unit is livable and functional, making it an ideal opportunity for investors of any experience level. Enjoy the charm and ease of small-town living, all while being just a convenient day-drive from a wide range of entertainment, educational, and cultural attractions. Whether you're looking to start your investment journey or expand your holdings, this triplex delivers the perfect blend of affordability, potential, and location.
Sold
$115,000
504 N 12th St, New Castle, IN 47362
3beds
3baths
--sqft
Multi Family, Triplex, Duplex
Built in 1943
-- sqft lot
$115,400 Zestimate®
$--/sqft
$1,080 Estimated rent
Home value
$115,400
Estimated sales range
Not available
$1,080/mo
Zestimate® history
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Owner options
List your home for rent
$1,080/mo
Rent Zestimate®
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Learn more$1,080/mo
Rent Zestimate®
Refinance and save
$558/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$558/mo
Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: February 05, 2026 at 01:13pm
Listing Provided by:
James Gilday 317-797-5062,
eXp Realty, LLC
Bought with:
Bryan Paugh
Legacy Real Estate Partners
Source: MIBOR as distributed by MLS GRID,MLS#: 22074783
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Other
Appliances
- Laundry: Other
Features
- Basement: Unfinished
Property
Parking
- Parking features: Concrete
- Details: Unit Parking(On Street, Paved Area)
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 5,662 sqft
- Features: Corner Lot
Details
- Parcel number: 331210410130000016
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex, Duplex
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1943
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: New Castle
- Subdivision: No Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2026 | Sold | $115,000-7.9% |
Source:  MIBOR as distributed by MLS GRID #22074783 Report a problem | ||
| 1/12/2026 | Pending sale | $124,900 |
Source: MIBOR as distributed by MLS GRID #22074783 Report a problem | ||
| 12/9/2025 | Price change | $124,900-10.8% |
Source: MIBOR as distributed by MLS GRID #22074783 Report a problem | ||
| 11/27/2025 | Listed for sale | $140,000+16.7% |
Source: MIBOR as distributed by MLS GRID #22074783 Report a problem | ||
| 5/2/2025 | Listing removed | $595 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,342 +32.3% | $89,200 +32.9% |
| 2023 | $1,014 +7.4% | $67,100 +32.3% |
| 2022 | $944 | $50,700 +7.4% |
Find assessor info on the county website
Neighborhood: 47362
Nearby schools
GreatSchools rating
- 8/10Wilbur Wright Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 5/10New Castle Middle SchoolGrades: 6-8Distance: 1.7 mi
- 5/10New Castle High SchoolGrades: 9-12Distance: 1.7 mi
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- Indiana
- Henry County
- New Castle
- 47362
- 504 N 12th St