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Single Family ResidenceResidential
$256,726$120 / 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 56How 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
Last sold for $131,300 on Dec 29, 2009

502 CEDAR DR

NEW CASTLE, IN 47362
3
Beds
2
Baths
2,148 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.
0.46 ac
Lot SizeThe size of the land the home sits on, from county records.
1960
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$257K
$145K low$369K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$131,300 · Dec 29, 2009

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$999 (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.$48,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$21,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$27,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$47,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$48,900

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyHENRY
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1980
Lot (acres)The size of the land the home sits on, from county records.0.46
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (Unspecified)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 80 ft²

Transaction History(4)

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

502 Cedar 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 85% of homes in New Castle 47362
  • Costs more per square foot than 67% of homes in New Castle 47362
  • Bigger than 83% 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
$30K$449K

This home is worth more than 85% 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$256,726
CheaperTypical $134,677Pricier

Pricier than 85% of homes nearby

Price per ft²$120
CheaperTypical $96Pricier

Pricier than 67% of homes nearby

Living area2,148 ft²
SmallerTypical 1,448 ft²Bigger

Bigger than 83% of homes nearby

Lot size0.46 ac
SmallerTypical 0.29 acBigger

Bigger than 63% of homes nearby

Year built1960
OlderTypical 1956Newer

Newer than 58% of homes nearby

How 502 Cedar Dr ranks against every home in each area.
MeasureThis homeNew Castle 47362Henry County
Estimated valuepricier than$256,72685% of homes79% of homes
Price per ft²pricier than$12067% of homes61% of homes
Living areabigger than2,148 ft²83% of homes80% of homes
Lot sizebigger than0.46 ac63% of homes52% of homes
Year builtnewer than196058% of homes51% of homes

About 502 Cedar Dr

How much is 502 Cedar Dr, New Castle, IN worth?

The TopHap Estimate for 502 Cedar Dr, New Castle, IN is $256,726 as of Sep 24, 2026. The likely range is $144,561 to $368,891. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 502 Cedar Dr, New Castle, IN last sell?

502 Cedar Dr, New Castle, IN last sold on Dec 29, 2009 for $131,300, according to the county's recorded deed.

How big is 502 Cedar Dr, New Castle, IN?

502 Cedar Dr, New Castle, IN has 3 bedrooms, 2 bathrooms, 2,148 square feet of living space and a 0.46-acre lot.

When was 502 Cedar Dr, New Castle, IN built?

502 Cedar Dr, New Castle, IN was built in 1960, making it 66 years old. The building has 2 stories.

How does 502 Cedar 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 85% of them ($256,726 against a typical $134,677), its price per square foot is higher than 67% of them ($120 against a typical $96), it is bigger than 83% of them (2,148 ft² against a typical 1,448 ft²), its lot is bigger than 63% of them (0.46 ac against a typical 0.29 ac) and it is newer than 58% of them (1960 against a typical 1956). Measured against all of Henry County, it is worth more than 79% 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 502 Cedar Dr, New Castle, IN?

The 2025 property tax bill for 502 Cedar Dr, New Castle, IN was $999. The county assessed it at $48,900.

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