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    Property profile & analytics

    421 New York Ave New Castle, IN 47362-4962

    • Auto shops
    • 11,800 SF
    • 0.97 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Last Sale
    Sep 17, 2024
    Location Intelligence
    Property ID
    US31-1395627
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto shops

    Property Details for 421 New York Ave

    Year built
    1954
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.97 lot acres
    Property size
    11,800 SF
    Property type
    Auto shops
    APN
    33-12-10-340-108.000-016
    APU
    331210340108000016

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    Henry
    State
    Indiana
    Longitude
    -85.3801
    Latitude
    39.9344
    CBSA code
    35220
    CBSA name
    NEW CASTLE, IN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,771
    $39,000
    $286,700
    $325,700
    -
    $39,000
    $286,700
    $325,700

    Comparable in this City

    • Value Estimation by Request
      4,992 SF

      2701 Broad St

      AUTO REPAIR, GARAGE • 4,992 SF
      2701 Broad St, New Castle, IN 47362-3439
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    • Value Estimation by Request
      10,332 SF

      State Rd 3rd 3

      AUTO REPAIR, GARAGE • 10,332 SF
      State Rd 3rd 3, New Castle, IN 47362
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    • Value Estimation by Request
      1,260 SF

      218 Vine St

      AUTO REPAIR, GARAGE • 1,260 SF
      218 Vine St, New Castle, IN 47362
      View Details
    • Value Estimation by Request
      3,876 SF

      2312 Main St

      AUTO REPAIR, GARAGE • 3,876 SF
      2312 Main St, New Castle, IN 47362-2311
      View Details
    • Value Estimation by Request
      2,538 SF

      227 Main St

      AUTO REPAIR, GARAGE • 2,538 SF
      227 Main St, New Castle, IN 47362-4241
      View Details
    • Value Estimation by Request
      3,581 SF

      2451 Broad St

      AUTO REPAIR, GARAGE • 3,581 SF
      2451 Broad St, New Castle, IN 47362-3542
      View Details

    Similar Nearby for Sale

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      Mechanic shop with office, car lot potential, warehousing, retail.
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    • $1,920,000
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      Three parcels totaling 10.6 AC near I-70 for sale.
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    • $249,900
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      Versatile Industrial Property Near New Castle

      Industrial building with office/apartment space near New Castle, Indiana.
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    Similar Nearby for Lease

    • Contact for pricing
      1,848 SF

      Retail Space on Memorial Drive

      Retail space with high visibility and traffic count.
      1902 S Memorial Dr, New Castle, IN 47362
      View Details
    • Contact for pricing
      7,500 SF

      Retail Space in New Castle

      Retail space available for lease in New Castle, Indiana.
      427-501 S Memorial Dr, New Castle, IN 47362
      View Details
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    421 New York Ave
    New Castle, IN 47362-4962
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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
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