Listing courtesy of RE/MAX First Integrity · Listing agent: Krista Gibson · Cell: 765-524-4013
321 S Main Street
$675,000
$163.12 / sq ft
New Castle, IN 47362-4218
Original price $825,000 · Price reduced on October 1, 2026
- Basement
- Bathrooms
- 4
- Lot
- 0.75 ac
- Year built
- 1847
- Type
- Mixed Use
- Listed
- March 26, 2026
- MLS #
- 202610186
About this home
Historic presence, bold scale, and the kind of opportunity that rarely comes along, this standout New Castle property delivers it all. Built in 1847 by Mason Livezey for the Eli Murphy family, this two-story structure offers over 4,100 square feet and sits on a hard to find 0.75 acre lot right in the heart of town. From the moment you arrive, the architectural character makes an impression-timeless, substantial, and ready for its next chapter. The heavy lifting has already been done, giving you a strong head start. All five chimneys have been completely rebuilt, a new roof with slate look shingles adds both durability and style, and fresh interior and exterior paint create a clean, refreshed feel throughout. New flooring has been installed, along with new shutters and soffit, while the columns have been reworked to ensure long-term structural integrity, preserving the look while strengthening the foundation for what comes next. And then there’s the feature that truly sets this property apart, its dedicated parking lot. In a downtown setting where parking is often limited, this is a rare and valuable asset that adds everyday convenience and long-term appeal. With its size, history, and extensive updates already in place, this property offers the kind of flexibility and presence that invites creativity. Whether you're envisioning a residential restoration, a business venture, or a blend of both, this is a space with stories behind it, and plenty more waiting to be written.
Property details
Interior
- Stories
- 2
- Finished area above grade
- 4,138 sq ft
- Basement
- Crawl Space, Partial
- Flooring
- Laminate, Vinyl
- Heating
- Natural Gas, Forced Air
- Cooling
- Wall AC
Exterior & parking
- Construction
- Brick
- Roof
- Shingle
- Parking
- Asphalt, Parking Lot
- Fencing
- Metal
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot size (acres)
- 0.75 ac
- Lot dimensions
- 132X247
- Location type
- City
- County
- Henry County
- Township
- Henry
- Road frontage
- City Street
- Lots
- 0
- Platted
- Yes
- Planned unit development
- No
- Directions
- GPS Friendly
Taxes & terms
- Annual taxes
- $3,782
- Tax year
- 2026
- Assessed value
- $181,100
- Tax exemptions
- No Exemptions
- Tax abatement
- No
- Listing terms
- Cash, Conventional
- Possession
- DOC
- Parcel number
- 33-12-15-210-179.000-016
Included in the sale
- Included in sale
- Building,Land
Utilities
- Water
- City
- Sewer
- Public Sewer
- Utilities
- Electric Hook-Up, Gas Hook-Up, Mun. Sewer Hook-Up, Mun. Water Hook-Up, Storm Sewer
- Electric provider
- Duke Energy Indiana
- Gas provider
- CenterPoint Energy
- Water provider
- New Castle Utility
Income & commercial
- Parking spaces
- 20
- Water meters
- 2
- Ceiling height
- x
Location
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Listing courtesy of RE/MAX First Integrity
