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$ 725,000
Est. payment /mo
Price Dropped by $100K
321 S Main Street New Castle, IN 47362-4218
0.75 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202610186
Year Built 1847
Annual Tax Amount $3,781
Tax Year 2026
Lot Size 0.750 Acres
Property Sub-Type Mixed Use
Property Description
Historic presence, bold scale, and the kind of opportunity that rarely comes along, this standout New Castle property delivers it all. Built in 1847 by Mason Livezey for the Eli Murphy family, this two-story structure offers over 4,100 square feet and sits on a hard to find 0.75 acre lot right in the heart of town. From the moment you arrive, the architectural character makes an impression-timeless, substantial, and ready for its next chapter. The heavy lifting has already been done, giving you a strong head start. All five chimneys have been completely rebuilt, a new roof with slate look shingles adds both durability and style, and fresh interior and exterior paint create a clean, refreshed feel throughout. New flooring has been installed, along with new shutters and soffit, while the columns have been reworked to ensure long-term structural integrity, preserving the look while strengthening the foundation for what comes next. And then there's the feature that truly sets this property apart, its dedicated parking lot. In a downtown setting where parking is often limited, this is a rare and valuable asset that adds everyday convenience and long-term appeal. With its size, history, and extensive updates already in place, this property offers the kind of flexibility and presence that invites creativity. Whether you're envisioning a residential restoration, a business venture, or a blend of both, this is a space with stories behind it, and plenty more waiting to be written.
Location
State IN
County Henry County
Area Henry County
Direction GPS Friendly
Interior
Flooring Laminate, Vinyl
Appliance Building, Land
Laundry , 20
Exterior
Fence Metal
Roof Type Shingle
Total Parking Spaces 20
Building
Story 2
New Construction No
Others
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202610186
IDX information provided by the Indiana Regional MLS
Listed by Krista Gibson • RE/MAX First Integrity • Cell: 765-524-4013
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