Listing courtesy of Keller Williams - Indy Metro South LLC · Listing agent: Chris Price · chrisprice@indypropertysource.com

Virtual tour
ActiveSite-Built Home

1316 R Avenue

$114,900

$72.17 / sq ft

Est. $742/mo

New Castle, IN 47362-2105Edge Wood / Edgewood

Original price $124,900 · Price reduced on September 14, 2026

  • Bank owned
  • 3-car garage
Bedrooms
2
Bathrooms
1
Living area
1,592 sq ft
Lot
0.32 ac
Year built
1938
Type
Site-Built Home
Listed
August 15, 2026
MLS #
202633380

About this home

This 2-bedroom, 1-bath home offers a spacious living area, with the main bedroom and office located upstairs. The property features a very spacious backyard and a detached 3-car garage, providing plenty of outdoor space and storage. The home offers an opportunity to make improvements and add value. Conveniently located in New Castle with access to local schools, shopping, dining, parks, and major roadways, stop on by and see why this is perfect for you.

Monthly payment estimate

$742/mo

Principal & interest
$629
Property taxes
$79
Homeowners insurance
$34
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details

Interior

Levels
One and One Half
Total rooms
8
Total area
1,592 sq ft
Finished area above grade
1,592 sq ft
Bedrooms above grade
2
Full baths, main level
1
Basement
Slab
Flooring
Carpet, Vinyl
Heating
Natural Gas, Forced Air
Laundry
Main Level
Interior features
Attic-Walk-up, Ceiling Fan(s), Formal Dining Room

Exterior & parking

Style
Ranch
Construction
Vinyl Siding
Garage spaces
3
Attached garage
No
Garage type
Detached
Garage sq ft
720 sq ft
Private pool
No
Fencing
Chain Link, Wood
New construction
No

Waterfront & lake

Waterfront
No

Lot

Subdivision
Edge Wood / Edgewood
Lot features
Level
Lot size (acres)
0.32 ac
Lot dimensions
70X200
Location type
City/Town/Suburb
County
Henry County
Township
Henry
Lots
64
Platted
Yes
Planned unit development
No
Directions
GPS Friendly

Schools

Elementary school
Parker
Middle school
New Castle
High school
New Castle
School district
New Castle Community School Corp.

Taxes & terms

Annual taxes
$951
Tax year
2025
Assessed value
$99,200
Tax exemptions
Homestead
Possession
At closing
Parcel number
33-12-22-420-133.000-016

Included in the sale

Included in sale
Refrigerator,Range-Gas,Water Heater Gas

Utilities

Water
City
Sewer
Public Sewer

Location

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