708 I Ave, New Castle, IN, 47362
About This Home
Opportunities are abundant in this charming 3-bedroom, 1-bathroom property that perfectly balances a prime location with incredible sweat-equity potential. Perfectly suited for investors or anyone looking to customize their next space, this home features a newer roof that provides instant peace of mind. Situated in a highly desirable area, the location offers unparalleled convenience with close proximity to top-rated schools, local parks, shopping, and restaurants. While the property requires some TLC and cosmetic updates, it's solid bones and functional layout offer a blank canvas to build substantial value. Bring your creative vision and leverage this excellent opportunity to transform this house into an inviting and warm home.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1942
Materials
- Foundation: Block
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: None
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Partial,Unfinished
Bedroom2
- Level: Main
- Area: 99
- Dimensions: 11x9
Bedroom3
- Level: Main
- Area: 90
- Dimensions: 10x9
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Features
- Attic Pull Down Stairs,Built-in Features,Hardwood Floors,Eat-in Kitchen
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace features: Family Room
- Fireplace: Yes
- Attic: Pull Down Stairs
- Finished area below ground: 0
Heating & Cooling
- Heating features: Baseboard,Electric,Forced Air,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 2,033
- Total interior livable area: 2,033 sqft
Kitchen
- Level: Main
- Area: 135
- Dimensions: 9x15
Living Room
- Level: Main
- Area: 360
- Dimensions: 20x18
Master Bedroom
- Level: Main
- Area: 140
- Dimensions: 14x10
Property
Details
- Parcel number: 331215340141000016
- Special condition: As Is,Estate
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Fencing: Fenced,Chain Link
Lot
- Lot size: 0.43 Acres
- Features: Mature Trees
Parking
- Total spaces: 1
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- 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 | $606 | $7,272 |
| Home Insurance * | $120 | $1,440 |
| Property Taxes | $215 | $2,580 |
| Electricity | $186 | $2,236 |
| Total | $1,127 | $13,524 |
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 |
|---|---|---|
| 2026-08-12 | Pending sale | $120,000 |
| 2026-07-29 | Listed for sale | $120,000 |
| 2026-01-01 | Listing removed | $149,999 |
| 2025-11-21 | Price change | $149,999 |
| 2025-08-15 | Listed for sale | $175,000 |
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