321 S Main Street, New Castle, IN

$725,000

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4

Baths

32,583

Square feet

0.75

Acres

About 321 S Main Street

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.

Features of 321 S Main Street

MLS® # 202610186
Price $725,000
Bathrooms 4.00
Square Footage 32,583
Acres 0.75
Year Built 1847
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 321 S Main Street
Subdivision None
City New Castle
County Henry County
State IN
Zip Code 47362

Amenities

Utilities Electric Hook-Up, Gas Hook-Up, Mun. Sewer Hook-Up, Mun. Water Hook-Up, Storm Sewer
Features 220 Volts, Basement, Delivery Door
Parking Spaces 20
Parking Lot
Is Waterfront No

Interior

Interior Other
Heating Gas, Forced Air
Cooling Wall AC
# of Stories 2
Basement Crawl, Partial Basement

Exterior

Exterior Brick
Lot Description Corner, 0-2.9999
Roof Shingle
Construction No

Additional Information

Days on Market 168
Foreclosure No
RE / Bank Owned No
HOA Fees 181100

Listing Details

AgentKrista Gibson
OfficeRE/MAX First Integrity
Contact InfoCell: 765-524-4013

Listing Map

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