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    Property profile & analytics

    County Rd 500th E New Castle, IN 47362

    • Theaters & concert halls
    • 1,530 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2473169
    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

    • Theaters & concert halls

    Property Details for County Rd 500th E

    Year built
    1823
    Construction
    WOOD
    Lot size
    2.00 lot acres
    Property size
    1,530 SF
    Property type
    Theaters & concert halls
    APN
    33-13-21-000-303.000-019
    APU
    331321000303000019

    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
    -85.2848
    Latitude
    39.9096
    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
    $0.00
    $24,000
    $33,900
    $57,900
    -
    $24,000
    $33,900
    $57,900

    Comparable in this City

    • Value Estimation by Request
      1,512 SF

      2200 Virginia St

      THEATER (MOVIE) • 1,512 SF
      2200 Virginia St, New Castle, IN 47362-4012
      View Details
    • Value Estimation by Request
      1,008 SF

      2130 Nn Ave

      THEATER (MOVIE) • 1,008 SF
      2130 Nn Ave, New Castle, IN 47362-2232
      View Details
    • Value Estimation by Request
      17,398 SF

      408 Trojan Ln

      THEATER (MOVIE) • 17,398 SF
      408 Trojan Ln, New Castle, IN 47362
      View Details
    • Value Estimation by Request
      6,780 SF

      2649 Q Ave

      THEATER (MOVIE) • 6,780 SF
      2649 Q Ave, New Castle, IN 47362-5382
      View Details
    • Value Estimation
      $350,000
      6,824 SF

      2805 State Rd 103

      THEATER (MOVIE) • 6,824 SF
      2805 State Rd 103, New Castle, IN 47362-9635
      View Details
    • Value Estimation
      $380,000
      4,320 SF

      251 State Rd 38

      THEATER (MOVIE) • 4,320 SF
      251 State Rd 38, New Castle, IN 47362
      View Details

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      Prime Commercial Land, New Castle, IN

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    Similar Nearby for Lease

    • 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
    • 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
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    County Rd 500th E
    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
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