721 I Ave
New Castle, IN 47362
3 bd 2 ba 2,647 sqft Built 1945 Lot 16,553 sqft single_family
Most recent sale
$251,750
Sep 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 11, 2025 | Sold | $250,000 | MIBOR |
| Aug 4, 2025 | Price changed | $263,900 | IRMLS |
| Jul 21, 2025 | Price changed | $268,900 | IRMLS |
| Jul 1, 2025 | Price changed | $274,000 | IRMLS |
| Jun 20, 2025 | Listed | $279,000 | IRMLS |
| Sep 15, 2022 | Sold | $251,750 | Public Record |
| Sep 12, 2022 | Sold | $212,000 | MIBOR |
| Jul 8, 2022 | Price changed | $219,900 | MLS #21850433 |
| Apr 22, 2022 | Listed | $224,900 | MLS #21850433 |
| Aug 22, 2019 | Sold | $162,639 | Public Record |
| Aug 15, 2019 | Sold | $164,000 | MIBOR |
| Aug 3, 2019 | Relisted | $165,900 | MLS #201921520 |
| Jul 15, 2019 | Relisted | $165,900 | MLS #201921520 |
| Jun 28, 2019 | Relisted | $165,900 | MLS #201921520 |
| May 30, 2019 | Listed | $165,900 | MLS #10036260 |
| May 29, 2019 | Listed | $165,900 | MLS #201921520 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $213,900 | $27,900 | $241,800 | $2,418 |
| 2022 | $144,800 | $23,200 | $168,000 | $1,661 |
| 2021 | $120,500 | $20,200 | $140,700 | $1,392 |
| 2020 | $119,200 | $20,200 | $139,400 | $1,450 |
| 2019 | $72,000 | $20,200 | $92,200 | $974 |
| 2018 | $69,500 | $20,200 | $89,700 | $1,001 |
| 2017 | $66,500 | $19,600 | $86,100 | $976 |
| 2016 | $69,100 | $19,600 | $88,700 | $881 |
| 2015 | $68,600 | $19,600 | $88,200 | $812 |
| 2014 | $68,600 | $19,600 | $88,200 | $775 |
| 2013 | $68,100 | $20,500 | $88,600 | $1,075 |
| 2012 | $70,000 | $20,500 | $90,500 | $1,125 |
| 2011 | $65,700 | $20,500 | $86,200 | $965 |
| 2010 | $73,100 | $22,700 | $95,800 | $873 |
| 2009 | $73,100 | $22,700 | $95,800 | $944 |
| 2008 | $80,300 | $22,700 | $103,000 | $665 |
Property facts
Year built
1945
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,647 sqft
Lot size
16,553 sqft
ZIP code
47362
City
New Castle
Street
I Ave
Coordinates
39.91667, -85.37650
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,511
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 721 I Ave last sell?
721 I Ave most recently sold on Sep 15, 2022 for $251,750.
What is the current tax assessment for 721 I Ave?
The most recent total assessment for 721 I Ave (year 2024) is $241,800 with $2,418 in property tax.
How does 721 I Ave's assessment compare to its last sale price?
The current assessment is 4.0% below the last sale price of $251,750.
When was 721 I Ave built?
721 I Ave was built in 1945.
How does 721 I Ave compare to others on I Ave?
We track 8 other properties on I Ave. Browse the list under "Other properties on I Ave" to compare beds, baths, and sale history.
What are the property facts for 721 I Ave?
721 I Ave is a 3 bed, 2 bath, 2,647 sqft, 16,553 sqft lot single_family.
Is 721 I Ave a flip candidate?
No — 721 I Ave does not appear in our flips dataset.
Is 721 I Ave a tax-appeal candidate?
No — 721 I Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.9%
Implied 1-yr
-3.6%
2026 Q3
$153.9K
2026 Q4
$152.5K
ZIP 47362 — Median Price History + Forecast
Explore nearby
Geography
Other properties on I Ave