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    504 N 12Th St New Castle, IN 47362

    For Sale
    $140,000

    Triplex - New Castle, IN

    Type:Triplex
    Lot size:
    0.13 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 504 N 12Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Security features
    Smoke Detector(s)
    Rooms
    Basement
    APN
    331210410130000016
    Exterior features
    Corner Lot
    Basement Y/N
    1
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1943
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    eXp Realty (812) 734-6048 [email protected]

    Listing agent James Gilday (888) 611-3912 License #RB14048800

    Listing date Nov 26, 2025

    MLS# 22074783 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Castle Triplex For Sale

    Located in New Castle, Indiana, this triplex features three 1-bedroom units, offering immediate income with current tenants. The property is suitable for investors seeking affordability, potential, and a convenient location. Basic upgrades could increase the property's value. The triplex provides small-town living with access to entertainment, educational, and cultural attractions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    Henry
    State
    Indiana
    Longitude
    -85.371408
    Latitude
    39.936122

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    FAQs

    What type of property is this?
    Triplex - Fully rented triplex in New Castle, Indiana. Investor opportunity.
    Where is this triplex located?
    The property is located at 504 N 12Th St New Castle, IN.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: - Fully rented triplex providing immediate rental income.; - Located in New Castle, Indiana, offering small-town living.; - Each unit is a functional and livable 1-bedroom apartment.
    (888) 611-3912
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    504 N 12Th St New Castle, IN 47362
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    New Castle, IN 47362
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    504 N 12Th St New Castle, IN 47362
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