1814 W Railroad St, New Castle, IN, 47362
About This Home
Great opportunity on 2 wooded acres! This 1-bedroom, 1-bath home is ready for your vision and finishing touches. Renovations have been started, with newer windows, furnace, and central air already in place. The interior remains a blank canvas-no appliances, light fixtures, or finishes have been installed-allowing you to customize the space to your needs and style. The home currently needs siding and completion of the renovation work, making it an excellent project for investors, flippers, or buyers looking to build equity. Outside, you'll find a large pole barn offering ample storage, workshop space, or room for equipment and recreational vehicles. Nestled beside the golf course yet surrounded by mature trees, this private setting attracts deer and other wildlife, providing a peaceful country atmosphere. Bring your tools, ideas, and imagination-this property offers tremendous potential for the right buyer. Cash offers only. Bring your contractor, your tools, and your imagination! Opportunities with this much land and potential don't last long. (Property is being sold as-is.)
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1900
Materials
- Foundation: Crawl Space
- Construction materials: Other
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Gas Oven
- Laundry features: Main Level
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Dining Room
- Features: Other
- Level: Main
- Area: 221
- Dimensions: 17x13
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,120
- Total interior livable area: 1,120 sqft
Kitchen
- Features: Other
- Level: Main
- Area: 170
- Dimensions: 17x10
Laundry
- Features: Other
- Level: Main
- Area: 28
- Dimensions: 7x4
Living Room
- Features: Other
- Level: Main
- Area: 195
- Dimensions: 15x13
Master Bedroom
- Features: Other
- Level: Main
- Area: 169
- Dimensions: 13x13
Property
Details
- Parcel number: 331217330314000015
- Special condition: As Is
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Screened
Lot
- Lot size: 2 Acres
- Features: Corner Lot,Mature Trees
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 | $1,059 | $12,708 |
| Home Insurance * | $211 | $2,532 |
| Property Taxes | $130 | $1,560 |
| Electricity | $184 | $2,212 |
| Total | $1,584 | $19,008 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-04 | Price change | $199,900 |
| 2026-06-30 | Price change | $209,500 |
| 2026-06-12 | Listed for sale | $210,000 |
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