1701-1705 Morton Street New Castle, IN 47362

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Site-Built Home • 108Y Old

$84,000

1701-1705 Morton Street

3 Bedrooms 1 on Main Level
1 Bathroom
1222 sqft
0.24 Acres
Property Description

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.

Directions

From St Rd 3 go E on Parkview Dr, Left on Morton, property on Left.

Sale Includes

Refrigerator, Oven-Gas, Range-Gas

Map to 1701-1705 Morton Street, New Castle, IN 47362

Property
MLS # 202508184
Date Listed 2025-03-14
Status Active
Property Type Residential
Property SubType Site-Built Home
Finished Square Feet 1222 sqft
Total Square Feet 1558 sqft
New Construction No
Style Two Story
Type Site-Built Home
Basement Yes
Bedrooms 3
Bathrooms 1
Annual Taxes $1,050.00
Year Taxes Payable 2025
Year Built 1917
Virtual Tour propertypanorama.com »
Days on Market 47
Additional
Cooling Central Air
Heating Gas, Forced Air
Main Level Laundry Yes
Room Dimensions
Living Room 13 × 13 Main Level
Dining Room 20 × 10 Level
Kitchen 18 × 10 Main Level
Master Bedroom 13 × 13 Main Level
2nd Bedroom 12 × 9 Upper Level
3rd Bedroom 13 × 11 Upper Level
Bathroom Locations
Full Baths 1 Main
External Features
Construction Site-Built Home
Exterior Vinyl
Lot Size 10,411 sq ft
Acreage 0.24 Acres
Lot Dimensions 80 x 130
Parking Yes
Sewer City
Water City
Fence None
Location
Area Henry County
Location City/Town/Suburb
County Henry
Subdivision Other
Township Henry
City New Castle
State IN
Zip 47362
Schools
School District New Castle Community School Corp.
Elementary Parker
Middle School New Castle
High School New Castle
Financial
Financing Terms Cash, Conventional
Assoc. Dues $0.00 Not Applicable

MLS# 202508184
Listing Provided Courtesy of James Meredith
NextHome Elite Real Estate
Office: 765-729-5181

Listing updated April 15, 2025 at 6:15 pm
Last checked 15 minutes ago

IDX information provided by the Indiana Regional MLS. 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.

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Agent to Contact

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