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Property profile

1338 Broad St New Castle, IN 47362

OFF-MARKET
Other office properties
Property ID
US31-1763585
12,771 SF 0.15 ac lot Built 1923
Last sale Jul 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Historic three-story office building located at 1338 Broad Street in downtown New Castle. The building provides more than 12,000 square feet of space distributed across three floors plus a fully finished basement. The former bank layout includes a large lobby, an original bank vault, second-floor sightlines into the lobby, and 18 working offices, along with select private bathrooms. The finished basement offers additional office area together with storage and public bathroom facilities. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$161k
Assessed land$9k
Assessed improvement$151k
Effective rate3.00%

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$320k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHENRY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.0
Building Supply19.3
Dental Office18.4

Location

1338 Broad St New Castle, IN 47362-4203
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 14 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
722 Bundy, New Castle, IN 47362-5235 $120,000 Feb 2024 904 SF
1410 Broad, New Castle, IN 47362-4224 $150,000 Apr 2023 5,596 SF
1908 Bundy, New Castle, IN 47362-2918 $286,500 May 2019 5,070 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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