Listing courtesy of F.C. Tucker/Crossroads Real Estate · Listing agent: Mike McKown · Cell: 765-524-3018

Virtual tour
ActiveSite-Built Home

420 Phelps Drive

$254,900

$167.92 / sq ft

Est. $1,556/mo

New Castle, IN 47362-5129

Original price $259,900 · Price reduced on September 7, 2026

  • 2-car garage
  • Fireplace
Bedrooms
3
Bathrooms
1.5
Living area
1,518 sq ft
Lot
0.37 ac
Year built
1976
Type
Site-Built Home
Listed
June 23, 2026
MLS #
202624715

About this home

Welcome home to this beautifully maintained, low-maintenance ranch featuring attractive limestone and vinyl exterior finishes. Offering 3 bedrooms and 1.5 baths, this move-in-ready property combines comfort, convenience, and practicality. The spacious kitchen and dining area provide an open, inviting atmosphere that flows seamlessly into both the main living room and the cozy family room, highlighted by a charming brick hearth. The home’s all-electric mechanical systems include an efficient heat pump, complemented by supplemental baseboard heat for personalized room-to-room comfort. Outside, you’ll find a 2-car attached garage along with a handy outbuilding that’s perfect for lawn and garden equipment, workshop space, or additional storage. Relax on the open rear deck while enjoying peaceful evenings surrounded by several mature shade trees that add beauty and comfort to the property. If you’re looking for a well-cared-for home with great living space, attractive outdoor amenities, and easy maintenance, this is an opportunity you won’t want to miss!

Monthly payment estimate

$1,556/mo

Principal & interest
$1,395
Property taxes
$87
Homeowners insurance
$74
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 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.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One
Total rooms
7
Total area
1,518 sq ft
Finished area above grade
1,518 sq ft
Bedrooms above grade
3
Full baths, main level
1
Half baths, main level
1
Basement
Crawl Space
Flooring
Carpet, Vinyl
Heating
Electric, Baseboard, Forced Air
Cooling
Central Air
Fireplaces
1
Fireplace features
Family Room
Laundry
Electric Dryer Hookup, Main Level
Interior features
1st Bdrm En Suite, Attic Pull Down Stairs, Breakfast Bar, Chair Rail, Countertops-Laminate, Eat-in Kitchen, Range/Oven Hook Up Elec, Six Panel Doors, Main Floor Laundry

Exterior & parking

Construction
Stone, Vinyl Siding
Roof
Asphalt, Shingle
Garage spaces
2
Attached garage
Yes
Garage type
Attached
Garage sq ft
540 sq ft
Parking
Garage Door Opener, Concrete
Private pool
No
Other structures
Shed(s)
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Level
Lot size (acres)
0.37 ac
Lot dimensions
100X160
County
Henry County
Township
Prairie
Lots
39
Platted
Yes
Planned unit development
No
Directions
GPS Friendly

Schools

Elementary school
Blue River Valley
Middle school
Blue River Valley
High school
Blue River Valley
School district
Blue River Valley Schools

Taxes & terms

Annual taxes
$1,043
Tax year
2026
Assessed value
$143,100
Tax exemptions
Homestead
Listing terms
Cash, Conventional, FHA, USDA Loan, VA
Possession
Negotiable
Parcel number
33-07-33-440-455.000-021

Included in the sale

Included in sale
Dishwasher,Microwave,Refrigerator,Window Treatments,Dryer-Electric,Kitchen Exhaust Hood,Range-Electric,Water Heater Electric,Water Softener-Owned

Utilities

Water
Well
Well
Private
Sewer
Septic Tank
Electric provider
REMC

Location

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