See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5131 E County Road 300 S, New Castle, IN, 47362

4beds
1baths
3,470sqft
$239,900
$69price/sqft
$1,895/moest. monthly cost
$75,800/yrincome needed

About This Home

This 19th-century farmhouse truly commands attention as you approach, standing alone against the landscape. The main level includes two living areas, an eat-in kitchen plus dining room, one bedroom and a full bath, while the second floor provides three more bedrooms. Outdoors, choose to relax on the covered, wrap around porch or enjoy your favorite beverage on the large, uncovered deck. A must see property in rural Henry County.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

2/10
5/10
New Castle Middle SchoolGrades 6-85.0 mi
5/10
New Castle High SchoolGrades 9-125.0 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Electric Water Heater,Electric Oven,Refrigerator,Washer

Basement

  • Has basement: Yes

Bedroom2

  • Level: Upper
  • Area: 225
  • Dimensions: 15x15

Bedroom3

  • Level: Upper
  • Area: 180
  • Dimensions: 15x12

Bedroom4

  • Level: Upper
  • Area: 144
  • Dimensions: 12x12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 180
  • Dimensions: 15x12

Family Room

  • Level: Main
  • Area: 210
  • Dimensions: 15x14

Features

  • Attic Access,High Ceilings,Hardwood Floors
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,470
  • Total interior livable area: 3,470 sqft

Kitchen

  • Level: Main
  • Area: 330
  • Dimensions: 22x15

Living Room

  • Level: Main
  • Area: 225
  • Dimensions: 15x15

Master Bedroom

  • Level: Main
  • Area: 180
  • Dimensions: 12x15

Property

Details

  • Parcel number: 331333000101000019
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.81 Acres

Parking

  • Total spaces: 2
  • Parking features: Detached
  • 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

  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Hail
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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 $1,213$14,556
Home Insurance *$241$2,892
Property Taxes $123$1,476
Electricity $318$3,817
Total$1,895$22,740
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,971/yr
40% on housing$56,850/yr
45% on housing$50,533/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

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: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.8%
3.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$69This listing

vs Other Active Listings

Avg $/sqft

ZIP 47362$72
Henry County$87

vs Homes Sold Last Month

Median $/sqft

ZIP 47362$103
Henry County$115

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

DateEventPrice
2026-05-11Price change$265,900
2026-04-30Listed for sale$269,900
2026-04-13Pending sale$269,900
2026-04-03Listed for sale$269,900
2005-02-22Sold$92,990

For Sale by Agent

AgentKrista Gibson
BrokerageRE/MAX First Integrity

Similar Homes