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(SOLD) $160,000

1334 Broad Street New Castle, IN  47362

  • 4,630 sq. Ft

Property Description for 1334 Broad Street New Castle, IN 47362

Here is your opportunity to be a part of history by purchasing this iconic building and also take advantage of a growing, thriving, downtown New Castle. With three potential income suites, this is an investment worth making. Admire the originality of the facade with recent preservation and replacement measures taken. There is a recessed entry, display windows, awning, and an attractive second floor facade with separate entrance. The main floor features approx 2,000 square feet, including a large showroom (can be easily expanded), an office/storage space, half bath and basement access. The second income suite has a Fleming Street address/entry, is approx 1,300 square feet, and includes two separate rooms and a half bath. On the second floor, you'll find a third potential income suite that would make a wonderful downtown apartment and features private entry, original woodwork, and 12' ceilings. Updates to this building include the roof, second story windows, electrical, HVAC, facade, and more. Income suite #1 has been operated as a jewelry store for over 100 years. Jewelry display cases and other furniture are for sale separately from the building purchase. Listing agent will be present at showings. Prequalification letter required to schedule a tour.

Address:1334 Broad Street New Castle IN 47362
Status:Sold
Sold On: 3/8/2024
Price:$189,900
Bathrooms:0
Sq. Feet:4,630
Year Built:1900
Lot Size:0.08
County: Henry
Township: Henry
MLS #:21959107
Property Type:Retail
Buyer Broker Compensation: 3%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:3630
Road Frontage:City Street
Road Access:See Remarks
Road Surface:Asphalt
Zoning:commercial
Directions:St Rd 3 & 38, E on 38, Property on N side of road.
Total Sq. Ft. :4,630

Loan Price
$1,027
Price And Interest $835/month
Property Tax $125/month
MTG INS $0/month
HOME INS $67/month
Price
$160,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$125/month
Home Owner Insurance
$804 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$751
Tax Year:2023
Mandatory HOA Fee:$

Area: 3307 - Henry - Henry
Zip Code:47362

Total Sq. Ft.:4,630
Cool:Central Electric
Heat:Forced Air, Gas
Cara Huffman, REALTOR®/Broker, F. C. Tucker Company
Cara Huffman
Phone (765) 524-2037
Additional Phone (765) 521-9464
F.C. Tucker Company

Schools in 1334 Broad Street New Castle, IN  47362


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Listing provided courtesy of Cara Huffman with F.C. Tucker/Crossroads from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 01/07/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



New Castle Market Report

120
Avg. DOM
$110.88
Avg. $ / Sq.Ft.
$ 232,400
Med. List Price

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