208 S Main St, New Castle, IN, 47362
About This Home
Don't miss your chance to own this income producing residential and retail building. Currently leased is a 2 BR apt. that has recently been updated. Tenants have the benefit of a quiet living space in the heart of a fun and vibrant community. The studio apt. is currently used as an Airbnb and could be a full time rental. These units share a laundry room. The main floor has 1640 sq ft of retail space. Currently leased. So many potential uses for this beautiful building in New Castle's Historic District!
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Basement
- Roof: Rubber
- Construction materials: Aluminum Siding,Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Block
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Carpet,Vinyl
- Finished area below ground: 0
- Finished area above ground: 3,280
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 4,920
- Total interior livable area: 3,280 sqft
Property
Details
- Parcel number: 331215220114.000016
Features
- Levels: Two
- Stories: 2
- Fencing: None
Lot
- Lot size: 6,969 sqft
- Features: Corner Lot,0-2.9999,City/Town/Suburb
- Lot size dimensions: 72X96
Parking
- Total spaces: 2
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Hail
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,415 | $16,980 |
| Home Insurance * | $282 | $3,384 |
| Property Taxes | $156 | $1,872 |
| Electricity | $300 | $3,608 |
| Total | $2,153 | $25,836 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $279,999 |
View on Zillow