Address
5** N Memorial Drive, New Castle, IN
Price
$ 250,000
Property Attributes
  • MLS#202603215
  • TypeLand
  • Listing Status Active
  • CountyHENRY
  • CityNew Castle
  • AreaHenry
  • Zip47362
  • StyleCommercial Land
  • Taxes$ 150
  • Price$ 250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.2 Acres
Data Source:
Indiana Regional MLS (IRMLS)
Property Description

Great development opportunity. Prime SR 3 frontage for high visibility restaurant, retail or other commercial business. High traffic area, C-1 zoning. Located near new medical facility and YMCA. City utilities available.

Elementary School Middle School High School
Wilbur Wright Elementary School New Castle Middle School New Castle High School
Price History
2/2/2026 Listed $250,000

General Features

Road Frontage City
Easements No
Status Active
Subdivision None
Township Henry
Class LOTS AND LAND
Present Use Commercial
Type Commercial Land
FIPS Code 18065
Inside City Limits Yes
Associated Document Count 1
REO No
Status Active
Auction Y/N No
Annual Taxes 150
Area Henry County
Location City
High School New Castle
City New Castle
School District New Castle Community School Corp
Assoc. Dues Frequency Not Applicable
Elementary School Wilbur Wright
Middle School New Castle
Legal Description PT SW1/4 10-17-10 (approx. 1.2A) corner lot N. Memorial Drive and Wittenbraker Drive |
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202603215
Agent First Name Susan
Agent Last Name Neal
DOM 145
Tax Year 2025

Interior Features

Fuel Type Available

Exterior Features

Road Surface Asphalt
Road Access City
Lot Size Area 52272
Lot Dimensions 180x300
Fence None
Rail Siding Y/N No
Approx. Lot Size Acres 1.2
Curb Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS. Information last updated on September 22, 2026 12:53 AM UTC

Property vs Land Average in 47362

Price
AVG $230K
$250K
Taxes
AVG $1,082
$150
Visits
AVG 55
106
Data Provided by Inside Real Estate®