# 420 Phelps Drive, New Castle, IN 47362-5129

> **TL;DR:** 3bd/2ba single family, $249,900 ($165/sqft), built 1976, 1,518 sqft.
> Fireplace, A/C, 2-car garage. Est. $1,337/mo. Listed 131 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $249,900 |
| Price/sqft | $165 |
| Bedrooms | 3 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 1,518 |
| Year Built | 1976 |
| Lot Size | 16,117 sqft (0.37 acres) |
| Stories | 1 |
| Garage | 2-car |
| Property Type | Single Family (Other) |
| Status | Active |
| Days on Market | 131 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,264 |
| Estimated Insurance | $73 |
| **Total** | **$1,337** |

## Nearby Schools

- **Elementary:** Blue River Valley
- **Middle:** Blue River Valley
- **High:** Blue River Valley

## Key Amenities

- Fireplace
- A/C
- 2-car garage

## Property Highlights

- Built in 1976
- 0.37 acre lot
- Fireplace

## Description

### Agent Description
Welcome home to this beautifully maintained, low-maintenance ranch featuring attractive limestone and vinyl exterior finishes. Offering 3 bedrooms and 1.5 baths, this move-in-ready property combines comfort, convenience, and practicality. The spacious kitchen and dining area provide an open, inviting atmosphere that flows seamlessly into both the main living room and the cozy family room, highlighted by a charming brick hearth. The home's all-electric mechanical systems include an efficient heat pump, complemented by supplemental baseboard heat for personalized room-to-room comfort. Outside, you'll find a 2-car attached garage along with a handy outbuilding that's perfect for lawn and garden equipment, workshop space, or additional storage. Relax on the open rear deck while enjoying peaceful evenings surrounded by several mature shade trees that add beauty and comfort to the property. If you're looking for a well-cared-for home with great living space, attractive outdoor amenities, and easy maintenance, this is an opportunity you won't want to miss!

## Location

- **Address:** 420 Phelps Drive, New Castle, IN 47362-5129
- **County:** Henry County
- **Coordinates:** 39.963224, -85.388366
- **Google Maps:** https://www.google.com/maps?q=39.963224,-85.388366

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/irmls/202624715

## Listing Agent

- **Name:** Mike McKown
- **Brokerage:** Crossroads Real Estate Management LLC
- **Broker Phone:** (765) 521-9464

## Photos

![420 Phelps Drive - Photo 1](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f107758163r.jpg)

![420 Phelps Drive - Photo 2](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f531599394r.jpg)

![420 Phelps Drive - Photo 3](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f2785505523r.jpg)

![420 Phelps Drive - Photo 4](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f2294938241r.jpg)

![420 Phelps Drive - Photo 5](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f406153357r.jpg)

![420 Phelps Drive - Photo 6](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f729586985r.jpg)

![420 Phelps Drive - Photo 7](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f1016184695r.jpg)

![420 Phelps Drive - Photo 8](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f3845592351r.jpg)

![420 Phelps Drive - Photo 9](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f2445333893r.jpg)

![420 Phelps Drive - Photo 10](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f3732666044r.jpg)

![420 Phelps Drive - Photo 11](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f602391781r.jpg)

![420 Phelps Drive - Photo 12](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f4163265832r.jpg)

![420 Phelps Drive - Photo 13](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f4195625056r.jpg)

![420 Phelps Drive - Photo 14](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f2869896634r.jpg)

![420 Phelps Drive - Photo 15](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f1425081183r.jpg)

![420 Phelps Drive - Photo 16](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f1415617742r.jpg)

![420 Phelps Drive - Photo 17](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f2536425453r.jpg)

![420 Phelps Drive - Photo 18](http://lh.rdcpix.com/0b23103cc761655d9dce22f7e911e1cel-f308805504r.jpg)

---

**MLS#:** 202624715 | **Updated:** 2026-10-27
**Source:** listhub

*Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/420-phelps-drive-new-castle-in-47362-5129-c4f89891f254406cbf24f0cee866d879)

---

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