The ORR Home Selling Team Real Estate Groups
  • 2200 W. McGalliard Road
    Muncie, IN 47304
The ORR Home Selling Team Real Estate Groups

New Castle, IN 47362 1701-1705 Morton Street

$84,000

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Presented By: James Meredith with NextHome Elite Real Estate; Office: 765-729-5181
  • MLS# 202508184
  • 03/14/2025
  • Get pre-approved
  • Request Tour
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  • Beds • 3
  • Baths • 1
  • SQFT • 1,222

Home Details

Discover the perfect investment with this versatile property featuring two fully rented units—a charming 3-bedroom, 1-bathroom main home and a separate 1-bedroom, 1-bathroom ADU (Accessory Dwelling Unit). Combined, these units generate a total of $1,185/month in rental income—with the main home at $600/month (1701) and the ADU at $585/month (1705). The spacious main residence offers abundant natural light, a functional kitchen, and a private backyard—ideal for relaxing or entertaining. The cozy ADU includes a full kitchen, comfortable living space, and a private entrance, providing flexibility and privacy for tenants or extended family. Located near schools, shopping, and other local amenities, this property also features ample off-street parking and strong income potential. Whether you're an investor seeking consistent cash flow, a homeowner looking for additional revenue, or in need of a multi-generational living setup, this property offers endless possibilities. Don’t miss out on this income-generating gem.
Presented By: James Meredith with NextHome Elite Real Estate; Office: 765-729-5181

Interior Features for 1701-1705 Morton Street

Bedrooms

1st Bedroom LevelMain
1st Bedroom Width13
2nd Bedroom Length12
2nd Bedroom LevelUpper
2nd Bedroom Width9
3rd Bedroom Length13
3rd Bedroom LevelUpper
3rd Bedroom Width11
Above Grade Bedrooms3
Beds3
Below Grade Bedrooms

Bathrooms

Below Grade Baths0
Full Baths Below Grade0
Full Baths Main1
Full Baths Upper
Half Baths Below Grade
Half Baths Main
Half Baths Upper

Kitchen

Kitchen Length18
Kitchen Width10

Other Interior Features

Total Finished SqFt1222
Basement Y/NYes
Above Grade Finished SqFt1222
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt336
Living/Great Rm LevelMain
Main Level SqFt971
BasementCrawl, Partial Basement
Basement MaterialBlock
FireplaceNone
FlooringCarpet

Other Rooms

Laundry Room Width4
Laundry Room Length3
Dining Room Length20
Dining Room Width10
Living Room Length13
Living Room Width13
Total Rooms6

General for 1701-1705 Morton Street

Age108
Agent First NameJames
Agent Last NameMeredith
Annual Taxes1050
AreaHenry County
Assoc. Dues FrequencyNot Applicable
Associated Document Count2
Auction Y/NNo
Bathrooms1
CityNew Castle
ClassRESIDENTIAL
CoolingCentral Air
DOM46
Elementary SchoolParker
FIPS Code18065
FireplacesNo
Full Baths1
Half Baths
HeatingGas, Forced Air
High SchoolNew Castle
Inside City LimitsYes
Kitchen LevelMain
Laundry Y/NMain
Legal DescriptionOAK GROVE ADD LOTS 40 & 41
LocationCity/Town/Suburb
Middle SchoolNew Castle
New ConstructionNo
REONo
School DistrictNew Castle Community School Corp
SewerCity
StatusActive
StatusActive
Status Detail0
StyleTwo Story
SubdivisionOther
Tax Year2025
Total Sq Ft1558
TownshipHenry
TypeSite-Built Home
Virtual TourClick here
Year Built1917

Exterior for 1701-1705 Morton Street

Approx. Lot Size Acres0.239
ExteriorVinyl
FenceNone
Garage Y/NNo
Lot DescriptionCorner
Lot Dimensions80 x 130
Lot Size Area10411
Off Street Parking Y/NYes
PoolNo
ROOF MATERIALAsphalt
Waterfront Y/NNo

Additional Details

Price History

Schools

High School New Castle High School
Middle School New Castle Middle School
Elementary School Parker Elementary School

Ryan Orr

Associate
Price $84,000
MLS#202508184
List Date 03/14/2025
Property Type Single Family
Phone (765) 744-9500
Get pre-approved
Request Tour
Request Info
Visit My Website

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