502 S 12th Street, New Castle, IN 47362

New Castle
Local realty services provided by:ERA Crossroads
502 S 12th Street,New Castle, IN 47362
$164,900
Virtual Tour
  • 6 Beds
  • 4 Baths
  • 2,688 sq. ft.
  • Multi-family
  • Pending
Listed by: krista gibsonCell: 765-524-4013
Office: re/max first integrity
MLS#:202632411
Source:Indiana Regional MLS

Price summary

  • Price:$164,900
  • Price per sq. ft.:$40.9

About this home

This duplex sits just minutes from downtown and offers two spacious units, each with 3 bedrooms, 1½ baths, a formal dining room, fireplace, tall ceilings, large rooms, fenced backyard space, and its own laundry hookup downstairs. One unit has a long-term tenant already in place, providing income from day one. The second unit is expected to be vacant by the end of the month, giving the next owner the flexibility to renovate, re-lease, or occupy it depending on the plan. A couple of the bigger-ticket items have already been handled, including a new roof this year and a new sewer line from the house to the road. For an investor looking for a property with an existing tenant, a vacant unit to reposition, and plenty of square footage to work with, this one gives you options.

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Home facts

  • Year built:1900
  • Subdivision & Development:None
  • Listing ID #:202632411
  • Added:56 day(s) ago
  • Updated:October 06, 2026 at 08:46 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:2
  • Flooring:Laminate, Wood
  • Basement Description:Full Basement, Unfinished
  • Living area:2,688 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:2,688 sq. ft.
  • Lot area:0.12 Acres
  • Architectural Style:Traditional, Two Story
  • Construction Materials:Aluminum
  • Exterior Features:Fenced Yard, Porch Covered
  • Levels:2 Stories

Schools

  • High school:New Castle
  • Middle school:New Castle
  • Elementary school:Parker

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$164,900
  • Price per sq. ft.:$40.9
  • Tax amount:$1,107

Features and amenities

  • Laundry features:Washer Hook-Up
  • Amenities:Cable Available, Ceiling Fan, Countertops-Laminate

Parking

  • Parking description:Street Parking
  • Garage spaces:2
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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