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Single Family ResidenceResidential
$264,841$155 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 85How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

1507 VALLEY DR

NEW CASTLE, IN 47362
3
Beds
1.5
Baths
1,704 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.87 ac
Lot SizeThe size of the land the home sits on, from county records.
1955
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
5
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$265K
$226K low$304K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,470 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$253,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$48,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$205,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$254,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$253,600

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyHENRY
Lot (acres)The size of the land the home sits on, from county records.0.87
ConstructionThe main material the home's frame and walls are built from.Brick
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Mixed
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Neighborhood · ZIP 47362These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.107
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.219
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.34

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.9.9%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.30,563
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.208 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$56,663
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$71,008
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.41 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1507 Valley Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 86% of homes in New Castle 47362
  • Costs more per square foot than 88% of homes in New Castle 47362
  • Bigger than 65% of homes in New Castle 47362
  • Has a bigger lot than 75% of homes in New Castle 47362

What homes are worth in New Castle 47362

Each bar is how many homes fall in that price range. The marker is this home.

This home
$32K$471K

This home is worth more than 86% of homes in New Castle 47362.

How it measures up in New Castle 47362

The dot is this home. The mark in the middle is the typical home in New Castle 47362.

Estimated value$264,841
CheaperTypical $135,412Pricier

Pricier than 86% of homes nearby

Price per ft²$155
CheaperTypical $96Pricier

Pricier than 88% of homes nearby

Living area1,704 ft²
SmallerTypical 1,452 ft²Bigger

Bigger than 65% of homes nearby

Lot size0.87 ac
SmallerTypical 0.28 acBigger

Bigger than 75% of homes nearby

Year built1955
OlderTypical 1956Newer

Newer than 49% of homes nearby

How 1507 Valley Dr ranks against every home in each area.
MeasureThis homeNew Castle 47362Henry County
Estimated valuepricier than$264,84186% of homes80% of homes
Price per ft²pricier than$15588% of homes84% of homes
Living areabigger than1,704 ft²65% of homes60% of homes
Lot sizebigger than0.87 ac75% of homes64% of homes
Year builtnewer than195549% of homes43% of homes

About 1507 Valley Dr

How much is 1507 Valley Dr, New Castle, IN worth?

The TopHap Estimate for 1507 Valley Dr, New Castle, IN is $264,841 as of Sep 24, 2026. The likely range is $226,150 to $303,532. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1507 Valley Dr, New Castle, IN last sell?

1507 Valley Dr, New Castle, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 1507 Valley Dr, New Castle, IN?

1507 Valley Dr, New Castle, IN has 3 bedrooms, 1.5 bathrooms, 1,704 square feet of living space and a 0.87-acre lot.

When was 1507 Valley Dr, New Castle, IN built?

1507 Valley Dr, New Castle, IN was built in 1955, making it 71 years old. The building has 1 story.

How does 1507 Valley Dr, New Castle, IN compare to other homes in New Castle 47362?

Among the 10,840 homes in New Castle 47362, it is worth more than 86% of them ($264,841 against a typical $135,412), its price per square foot is higher than 88% of them ($155 against a typical $96), it is bigger than 65% of them (1,704 ft² against a typical 1,452 ft²), its lot is bigger than 75% of them (0.87 ac against a typical 0.28 ac) and it is newer than 49% of them (1955 against a typical 1956). Measured against all of Henry County, it is worth more than 80% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1507 Valley Dr, New Castle, IN?

The 2025 property tax bill for 1507 Valley Dr, New Castle, IN was $2,470. The county assessed it at $253,600.

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