New Castle, IN 47362 420 S 25Th Street

420 S 25Th Street New Castle, IN - Image 1420 S 25Th Street New Castle, IN - Image 2420 S 25Th Street New Castle, IN - Image 3
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420 S 25Th Street New Castle, IN - Image 4420 S 25Th Street New Castle, IN - Image 5420 S 25Th Street New Castle, IN - Image 6
Presented By: Mike McKown with F.C. Tucker/Crossroads Real Estate; Cell: 765-524-3018
  • MLS# 202643525
  • 10/21/2026
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  • Beds • 3
  • Baths • 1
  • SQFT • 2,268

Home Details

Unique Investment Opportunity in central New Castle! This versatile income-producing property offers the best of both worlds, featuring a three-bedroom, one-bath rental home connected to approximately 800 square feet of office or retail space. With multiple potential uses, this property presents an exciting opportunity for investors, entrepreneurs, or buyers looking to combine residential living with a business venture. The additional space offers potential to be converted into a second residential unit or used for a small business, subject to applicable approvals. Previously home to a long-standing security business, the commercial space offers a unique opportunity to bring your vision to life. With some updates and a little elbow grease, this property could become a valuable addition to your investment portfolio or the perfect setup for an owner-operator looking to live and work in one convenient location. Explore the possibilities and unlock the potential of this unique property!
Presented By: Mike McKown with F.C. Tucker/Crossroads Real Estate; Cell: 765-524-3018

Interior Features for 420 S 25Th Street

Bedrooms

Num. of 1 Bedrooms0
Num. of 2 Bedrooms0
Num. of 3 Bedrooms1
Num. of 4 Bedrooms
Above Grade Bedrooms3
Beds3
Below Grade Bedrooms

Bathrooms

Below Grade Baths

Other Interior Features

Total Finished SqFt2268
Basement Y/NNo
Above Grade Finished SqFt2268
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Num. of Efficiencies0
BasementCrawl
Dishwasher(s)0
Disposal(s)
Dryer(s)
FlooringCarpet, Laminate, Wood, Vinyl
Microwaves
Ranges/Ovens
Refrigerators
Total Number of Units2
W/D Hookups1
Washers

Other Rooms

Total Rooms Below Grade

General for 420 S 25Th Street

Age126
Agent First NameMike
Agent Last NameMcKown
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense
Annual Trash Expense
AreaHenry County
Assoc. Dues FrequencyNot Applicable
Associated Document Count2
Auction Y/NNo
Bathrooms1
CityNew Castle
ClassINVESTMENT
CoolingCentral Air
DOM14
Elementary SchoolEastwood
FIPS Code18065
FeaturesCeiling Fan, Alarm System-Security, Closet(s) Walk-in, Countertops-Laminate, Water Heater Gas
Full Baths1
Half Baths
HeatingGas, Forced Air
High SchoolNew Castle
Legal DescriptionWALNUT PARK ADD LOT 14
Lot Number14
Middle SchoolNew Castle
Net Income8760
New ConstructionNo
OwnerPaysNone
PROPOSED FINANCINGCash, Conventional
Pet Restrictions Y/NNo
REONo
Rent Income8760
School DistrictNew Castle Community School Corp
SewerCity
StatusActive
StatusActive
Status Detail0
Stories Count1
StyleOne Story
SubdivisionNone
Tax Year2026
Tenant PaysNone
Total Sq Ft2268
TownshipHenry
TypeOther
Virtual TourClick here
Year Built1900

Exterior for 420 S 25Th Street

Approx. Lot Size Acres0.16
DrivewayGravel
ExteriorVinyl
Lot DescriptionLevel
Lot Dimensions56X125
Lot Size Area7013
Number of Parking Spaces3
OutbuildingShed
Outbuilding SqFt120
PoolNo
ROOF MATERIALAsphalt, Shingle
Waterfront Y/NNo

Additional Details

Price History

Schools

High School New Castle High School
Middle School New Castle Middle School
Elementary School Eastwood Elementary School

Ryan Orr

Broker / Auctioneer
Price $79,900
MLS#202643525
List Date 10/21/2026
Property Type Multi-Family
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