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2439 Monroe St, New Castle, IN, 47362

2beds
1baths
816sqft
$37,500
$46price/sqft
$471/moest. monthly cost
$18,840/yrincome needed

About This Home

Investment opportunity! This 2-bedroom, 1-bath home offers 816 square feet of living space on a 0.44-acre lot. Located on a dead-end street with limited through traffic, the property features a covered front porch, spacious backyard, and plenty of potential for your next renovation project. Home is being sold AS IS.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

4/10

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven Hook Up Gas,Electric Water Heater
  • Laundry features: Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Partial,Block,Sump Pump

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 816

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,368
  • Total interior livable area: 816 sqft

Kitchen

  • Level: Main
  • Area: 144

Living Room

  • Level: Main
  • Area: 288

Property

Details

  • Parcel number: 331214230107.000016

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered

Lot

  • Lot size: 0.44 Acres
  • Features: Level
  • Lot size dimensions: 59X328

Parking

  • Parking features: Gravel
  • Has uncovered spaces: Yes

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
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Hail
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 $189$2,268
Home Insurance *$37$444
Property Taxes $61$732
Electricity $184$2,212
Total$471$5,652
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$16,148/yr
40% on housing$14,130/yr
45% on housing$12,560/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

$46This listing

vs Other Active Listings

Avg $/sqft

ZIP 47362$73
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)

No zestimate history available

Price History

DateEventPrice
2026-08-13Pending sale$37,500
2026-08-03Listed for sale$37,500

For Sale by Agent

AgentCheyenne Harp
BrokerageF.C. Tucker/Crossroads Real Estate

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