1137 S Main St, New Castle, IN 47362

Real Estate Auction | Friday, April 11, 2026 | 12:00 PM (Noon)

Estate of Ann Beard | Opening Bid: $60,000

A home full of history is ready for its next chapter.

This charming 2-bedroom, 1-bath home sits just steps from the heart of downtown New Castle and represents one of those rare opportunities that rewards the buyer who acts. The Estate of Ann Beard is highly motivated to sell, and with an opening bid of just $60,000, this property is positioned to move on auction day.

Whether you're a first-time homebuyer looking to build instant equity in a home you can make your own, or an investor searching for your next rental or flip in Henry County, 1137 S Main St deserves your attention.

The Property

Built in 1900 and lovingly maintained, this traditional single-level home offers 1,158 sq ft of finished living space plus a full unfinished basement — giving you the bones of something great and plenty of room to add value. The covered front porch is the kind of feature buyers fall in love with, and the detached 1-car garage adds the convenience and storage that makes a property truly livable.

Inside, the layout is practical and welcoming — a spacious living room, a kitchen with a dining combo, two comfortable bedrooms, and a full bath. The full block basement (533 sq ft) is ready for storage, a workshop, or future finishing potential.

Property Highlights:

• 2 Bedrooms | 1 Full Bath | 1,158 Sq Ft Finished
• Full Block Basement — 533 Sq Ft Unfinished
• Detached 1-Car Garage
• Covered Front Porch
• Forced Air Gas Heat | Central Electric AC
• Municipal Water & Sewer
• 0.15 Acre Lot in Bundy Park Subdivision
• New Castle Community School District

The Opportunity

Properties like this don't sit on the market — they sell at auction to buyers who show up ready. The Estate is highly motivated, the opening bid is set at $60,000, and the property sells subject to seller confirmation to the highest qualified bidder. This is your chance to acquire a well-located Henry County home at true market value, determined by competitive bidding on auction day.

For the investor: the numbers work. Comparable rentals in New Castle support strong cash flow potential, and the as-is condition means room to add value quickly. For the first-time buyer: this is your opportunity to stop renting and start building equity in a home with character, a great location, and a price point that makes sense.

Auction Details

Also From This Estate

An online-only personal property auction for the Estate of Ann Beard will be held on Monday, March 16, 2026. Visit www.burgessauctions.com for catalog details and registration.

Schedule a Showing

Don't bid on a property you haven't walked through. Private showings are available by appointment — contact Jason Snider at J. Snider Real Estate to schedule yours before auction day.

Jason Snider | J. Snider Real Estate📞 (317) 507-1692 ✉️ [email protected]

Ready to Bid?

Register to bid, review the full terms and conditions, and get all the details at www.burgessauctions.com or call us at (765) 445-7814.

A 10% Buyer's Premium will be added to the final bid to determine the total purchase price. Property sells subject to Seller's confirmation. Sold as-is, where-is. All inspections must be completed prior to auction day. Broker participation available at 3% — registration required by April 10, 2026.

Burgess Auctions LLC | Zack Burgess, CAI, AMM | AU19600029Integrity in Every Lot. Care in Every Sale.