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490 Indiana Avenue

New Castle, IN 47362

PendingListed Jul 7, 2023 · 74 days on market

Key facts

Living area
3,750 sqft
Lot
0.703 acres
Year built
1966
Type
Commercial Sale · Mixed Use
MLS #
21931343
County
Henry
Subdivision
No Subdivision
Total building area
3,750 sqft

About this home

Large retail space in the front with warehouse style rooms in the back. Upstairs are 2 attic rooms perfect for storage. Greenhouses were recently removed to provide a nice usable space outside next to the building.

Description provided by the listing brokerage.

Systems

Utilities
Electricity ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
C1

Schools

Middle school
New Castle Middle School
High school
New Castle High School
School district
New Castle Community School Corp

Taxes

Estimated annual tax
$3,116 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,985per month, estimated
Principal and interest $1,613Property tax $260Insurance $112
20% · $64,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$320,000
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