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16 Ivy Ln, New Castle, DE, 19720

3beds
1baths
1,080sqft
$365,000
$338price/sqft
$2,443/moest. monthly cost
$97,720/yrincome needed

About This Home

Welcome to 16 Ivy Lane—a renovated, move-in ready brick ranch offering thoughtful updates and a convenient location. Inside, you'll find new luxury vinyl plank flooring throughout and a spacious living room with a ceiling fan and plenty of natural light. The updated kitchen features white cabinetry, new countertops, a tile backsplash, updated lighting, and brand-new appliances, including a gas range. Down the hall, new interior doors with black hardware add a modern touch. The home offers three nicely sized bedrooms, each with a ceiling fan and ample closet space. The fully renovated bathroom features all new fixtures, a modern vanity, updated lighting, and a clean, contemporary design. The unfinished basement includes a laundry area and provides plenty of potential for additional living space, a home gym, workshop, or extra storage. Outside, the fenced backyard offers a deck that's perfect for relaxing or entertaining, along with a storage shed for added convenience. Additional updates include a newer HVAC system and water heater. Conveniently located near shopping, restaurants, and major commuting routes, 16 Ivy Lane offers updated finishes, functional living space, and a location that makes everyday living easy.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

3/10
2/10

Construction

Condition

  • Property condition: Excellent
  • Year built: 1966

Materials

  • Foundation: Brick/Mortar
  • Roof: Pitched,Shingle
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch/Rambler
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Oven/Range - Gas,Range Hood,Refrigerator,Stainless Steel Appliance(s),Washer,Water Heater,Gas Water Heater
  • Laundry features: In Basement

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Features

  • Ceiling Fan(s),Eat-in Kitchen,Dining Area,Entry Level Bedroom,Floor Plan - Traditional,Formal/Separate Dining Room
  • Flooring: Luxury Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,080

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,080
  • Total interior livable area: 1,080 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 10023.10240
  • Zoning: NC6.5
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Deck,Porch
  • Exterior features: Sidewalks
  • Fencing: Back Yard

Lot

  • Lot size: 6,510 sqft
  • Features: Level,Open Lot,Front Yard,Rear Yard,SideYard(s)

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

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

  • Inland Flooding
    Inland FloodingVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Coastal Flooding
Winter Weather
Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Delaware 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

MonthlyAnnual
Mortgage $1,845$22,140
Home Insurance *$128$1,536
Property Taxes $219$2,628
Electricity $251$3,021
Total$2,443$29,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,760/yr
40% on housing$73,290/yr
45% on housing$65,146/yr

Delaware FAIR Plan Programs

Insurance Placement Facility of Delaware

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,170Commercial: 57
Total Premiums$607,000
Total Exposure$249.53M

How 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.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 8.7%
8.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$338This listing

vs Other Active Listings

Avg $/sqft

ZIP 19720$152
New Castle County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 19720$225
New Castle County$218

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)

No zestimate history available

Price History

DateEventPrice
2026-08-03Price change$365,000
2026-07-16Listed for sale$375,000

For Sale by Agent

AgentJason Duncan
BrokerageForaker Realty Co.

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