502 S 12th ST, New Castle, IN 47362-4634
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502 S 12th ST, New Castle, IN 47362-4634
502 S 12th ST, New Castle, IN 47362-4634
502 S 12th ST, New Castle, IN 47362-4634
502 S 12th ST, New Castle, IN 47362-4634
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Ryan Klingle

Ryan Klingle

+1(812) 296-6000
Listed by RE/MAX First Integrity
$ 164,900
Est. payment /mo
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Pending

502 S 12th ST New Castle, IN 47362-4634

6 Beds

4 Baths

2,688 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,688 sqft

MLS Listing ID IRM202632411

Style Traditional

Bedrooms 6

Full Baths 2

Half Baths 2

HOA Y/N No

Year Built 1900

Annual Tax Amount $1,536

Tax Year 2026

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 66X78

Property Sub-Type Duplex

Property Description

This duplex sits just minutes from downtown and offers two spacious units, each with 3 bedrooms, 1½ baths, a formal dining room, fireplace, tall ceilings, large rooms, fenced backyard space, and its own laundry hookup downstairs. One unit has a long-term tenant already in place, providing income from day one. The second unit is expected to be vacant by the end of the month, giving the next owner the flexibility to renovate, re-lease, or occupy it depending on the plan. A couple of the bigger-ticket items have already been handled, including a new roof this year and a new sewer line from the house to the road. For an investor looking for a property with an existing tenant, a vacant unit to reposition, and plenty of square footage to work with, this one gives you options.

Location

State IN

County Henry County

Rooms

Basement Full, Unfinished

Interior

Heating Gas, Forced Air

Inclusions Building, Lease

Fireplace N

Exterior

Parking Features None, On Street

Fence Chain Link

Amenities Available None

Waterfront Description None

View Y/N true

Total Parking Spaces 4

Building

Lot Description 0-2.9999

Story Two

Sewer Public Sewer

Water City

Level or Stories Two

New Construction No

Schools

Elementary Schools Parker

Middle Schools New Castle

High Schools New Castle

School District New Castle Community School Corp.

Others

Pets Allowed No

Tax ID 33-12-15-230-126.000-016

Acceptable Financing IRM202632411

Listing Terms IRM202632411

Special Listing Condition None

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202632411

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

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502 S 12th ST