732 W Michigan St, New Carlisle, IN, 46552
About This Home
The former Theodore Borden House will simply have you will falling in love the moment you walk in! 12 foot ceilings and Italianate Architecture will draw you in to this unique 5 Bedroom 3 Bath Beauty. Much work has been done to this home over the past few years, new water heater, new plumbing and updated bathrooms, kitchen renovations are underway and will be done in a matter of Days New paint on the interior walls. So much space to utilize! There is also a private 2 bedroom 1 Bath living space at the back of the house for those wanting a little extra privacy from the rest of the house. Make this one yours today!! New roof on the home and the outbuilding. Make it your new home or office space! Start your own little business - so many great ideas to utilize the space New HVAC, New commercial parking lot, New landscaping, New sidewalks, New waterline service, New kitchen, new gutters. Floors restored to natural finish - they are stunning Renting the house $3,500/month if you would like to utilize the outbuilding behind the home rent would be $3,900. Renter is responsible for all utilities, security deposit and last month rent due at signing. No pets allowed.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1860
Materials
- Construction materials: Brick,Concrete
Type & Style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Refrigerator,Gas Cooktop
Basement
- Has basement: Yes
- Basement: Unfinished,Brick
Bedroom1
- Level: Upper
Bedroom2
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Features
- Attic: Walk-up
- Finished area below ground: 1,851
- Finished area above ground: 6,100
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 11,653
- Total interior livable area: 7,951 sqft
Property
Details
- Parcel number: 710134178003.000018
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 3.45 Acres
- Features: Corner Lot
- Lot size dimensions: 120x917
Parking
- Total spaces: 2
- Parking features: Multiple
- Has garage: Yes
- Attached garage spaces: 2
- Covered 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
- Cold Wave
- Hail
- Strong Wind
- Tornado
- 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 | $2,907 | $34,884 |
| Home Insurance * | $351 | $4,212 |
| Property Taxes | $1,140 | $13,680 |
| Electricity | $728 | $8,746 |
| Total | $5,126 | $61,512 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-08-25 | Listed for sale | $650,000 |
| 2025-08-07 | Listing removed | $3,500 |
| 2025-06-05 | Price change | $3,500 |
| 2024-11-11 | Price change | $3,800 |
| 2024-11-08 | Price change | $3,875 |
| 2024-10-28 | Price change | $3,000 |
| 2024-07-22 | Listed for rent | $2,500 |
| 2023-02-14 | Listing removed | -- |
| 2023-01-26 | Price change | $2,000 |
| 2022-11-02 | Price change | $1,975 |
| 2022-10-25 | Price change | $2,250 |
| 2022-10-21 | Listed for rent | $2,500 |
| 2022-06-01 | Sold | $341,900 |
| 2022-05-20 | Pending sale | $349,000 |
| 2022-05-11 | Price change | $349,000 |
| 2022-04-27 | Listed for sale | $379,000 |
| 2018-10-29 | Sold | $160,000 |
| 2018-09-13 | Sold | $48,000 |
| 2018-08-07 | Price change | $185,000 |
| 2018-08-06 | Price change | $48,000 |
| 2018-06-24 | Listed for sale | $185,000 |
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