Well-maintained 2-bedroom, 2-bath home offering approximately 1,600 square feet of comfortable living space. Inside, you’ll find beautiful hardwood floors and a functional layout for everyday living. The fully finished basement, with its own private exterior entrance, provides excellent flexibility for additional living space, recreation, or other uses as needed. In the kitchen you'll find ample cabinet space, a breakfast bar, and a gas cooktop. Washer and dryer remain with the sale. The 2 bedrooms and 2 full bathrooms make this home even more functional. Bonus room in basement could be used as flex space. Step outside to a spacious, fenced backyard featuring a covered deck with hot tub, ideal for relaxing or entertaining. The outdoor space also includes a fire pit, garden area, and a variety of fruit trees, including pear, cherry, and peach. Additional highlights include a 2-car garage and Rhino Shield exterior coating applied within the last five years, complete with a transferable warranty. This property offers a great combination of indoor comfort and outdoor amenities.
Pending
$209,900
508 Riley Rd, New Castle, IN 47362
2beds
1,625sqft
Est.:
Single Family Residence
Built in 1948
0.28 Acres Lot
$205,800 Zestimate®
$--/sqft
$-- HOA
What's special
Garden areaFire pitSpacious fenced backyardBreakfast barGas cooktopBeautiful hardwood floors
- 33 days |
- 950 |
- 47 |
Zillow last checked:
Listing updated:
Listed by:
Samuel Pavy Cell:765-520-6854,
RE/MAX First Integrity
Source: IRMLS,MLS#: 202612940
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Kitchen
- Level: Main
- Area: 150
- Dimensions: 15 x 10
Living room
- Level: Main
- Area: 266
- Dimensions: 14 x 19
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Microwave, Refrigerator, Washer, Dehumidifier, Dryer-Gas, Electric Range, Water Filtration System, Water Softener Owned
Features
- Flooring: Hardwood, Vinyl, Other
- Basement: Full,Finished,Outside Entrance Only,Block
- Attic: Storage
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,625
- Total interior livable area: 1,625 sqft
- Finished area above ground: 885
- Finished area below ground: 740
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached, Asphalt
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck Covered
- Exterior features: Fire Pit
- Has spa: Yes
- Spa features: Private
- Fencing: Chain Link
Lot
- Size: 0.28 Acres
- Dimensions: 70X171
- Features: 0-2.9999, City/Town/Suburb, Landscaped
Details
- Parcel number: 331222340113.000016
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: Duke Energy Indiana
- Gas: CenterPoint Energy
- Sewer: City
- Water: City, New Castle Utility
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: None
Location
- Region: New Castle
Financial & listing details
- Tax assessed value: $73,600
- Annual tax amount: $1,912
- Date on market: 4/14/2026
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Estimated market value
$205,800
$196,000 - $216,000
$1,563/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Pending sale | $209,900 |
Source:  IRMLS #202612940 Report a problem | ||
| 4/14/2026 | Listed for sale | $209,900+499.7% |
Source: IRMLS #202612940 Report a problem | ||
| 3/20/2007 | Sold | $35,000-42.7% |
Source: IRMLS #20034411 Report a problem | ||
| 11/6/2006 | Sold | $61,122$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,868 +1.6% | $92,900 -0.5% |
| 2024 | $1,838 +11.1% | $93,400 +1.6% |
| 2023 | $1,654 +12.4% | $91,900 +11.1% |
| 2022 | $1,472 +2.8% | $82,700 +12.4% |
| 2021 | $1,432 +2.1% | $73,600 +2.8% |
| 2020 | $1,402 +130.1% | $71,600 +2.1% |
| 2019 | $609 +9.1% | $70,100 -0.1% |
| 2017 | $559 +23.9% | $70,200 +2.8% |
| 2016 | $451 +0.7% | $68,300 +1.5% |
| 2014 | $448 -3.3% | $67,300 +2.4% |
| 2013 | $463 -1.1% | $65,700 -2.8% |
| 2012 | $468 +7.3% | $67,600 +9.6% |
| 2011 | $437 +3.1% | $61,700 -0.2% |
| 2010 | $423 +11.4% | $61,800 |
| 2009 | $380 -78.6% | $61,800 +1.1% |
| 2007 | $1,778 | $61,100 |
| 2006 | -- | $61,100 +2.3% |
| 2005 | -- | $59,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 47362
Nearby schools
GreatSchools rating
- 6/10James Whitcomb Riley Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 5/10New Castle Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10New Castle High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Riley
- Middle: New Castle
- High: New Castle
- District: New Castle Community School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Henry County
- New Castle
- 47362
- 508 Riley Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other New Castle Topics
