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Listed by RE/MAX First Integrity
$725,000
Est. payment /mo
4 Baths
0.75 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202610186
HOA Y/N No
Year Built 1847
Annual Tax Amount $3,781
Tax Year 2026
Lot Size 0.750 Acres
Acres 0.75
Lot Dimensions 132X247
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
Rooms
Basement Crawl Space, Partial
Interior
Heating Gas, Forced Air
Inclusions Building, Land
Fireplace N
Exterior
Parking Features Asphalt, Parking Lot
Fence Metal
Waterfront Description None
View Y/N true
Total Parking Spaces 20
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 33-12-15-210-179.000-016
Acceptable Financing IRM202610186
Listing Terms IRM202610186
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202610186
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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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