1185 N Mill Street New Castle, IN ^$ 160,000

1185 N Mill Street

^$ 160,000

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1185 N Mill Street

New Castle, IN, 47362

^$ 160,000

Studio Baths0.0

Monthly Estimate*

^$ 985

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Studio

Lots and Land for sale in New Castle, IN

for $160,000. The lot size is 10.73.

Country living in Henry County. Over 10 acres of buildable land in Shenandoah School District. Located right off State Rd 38 between New Castle and Markleville. This property has a Barn with a fence for livestock, chicken coop and plenty garden beds. The back acreage off the property is wooded and also buildable. Great property to build on or use as a second property with trails and your own personal oasis. *Camper does not stay.

Lots and Land Active

Price

^$ 160,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 482

Style

Residential Lots

Lot Size

10.73

Town/City

New Castle

County/Region

Henry

MLS | Web ID

22071110

Features

General

Sewer Septic Needed

Possession Closing

Development Status Surveyed

Zoning Ag Land with Mobile Home

Topography See Remarks

Township Harrison

Property Subtype Residential Lots

Tax Year 2024

County Henry

New Construction N

Property Type Land

Subdivision Name No Subdivision

Other Structures Barn(s)

Status Active

Directions GPS Friendly

High School Shenandoah High School

City New Castle

High School District Shenandoah School Corporation

MLS Area 3306 - Henry - Harrison

Lot Size Square Feet 467399

Elementary School Shenandoah Elementary School

Middle/Junior High School Shenandoah Middle School

Additional Parcels Y/N N

Standard Status Active

Tax Lot 0

Legal Description Pt W1/2 Se1/4 3-17-9 4.50A 1A .26A & 4.97A (Total 10.73A)

Exterior

Fencing Front Yard

Water Source Private

Lot Size Acres 10.73

Road Surface Type Asphalt

Road Frontage Type County Road

Number of Lots 1

Horse Amenities None

* Excluded Features

List By

Rhodes Realty, Llc

Broker

christina@rhodesrealty.com

Affordability Calculator

$1,025

Per Month

Monthly Principal & Interest: $985
Monthly Property Taxes: $40
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in New Castle, IN

Average List Price ^$231,076

Percent of Sale Price 44%

About New Castle, IN

17,439 Population

-7% Since 2002

^$36,096 Median Income

40.2 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4054756 Elementary School

4054757 Middle School

Shenandoah High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/31/2025	$160,000		Listed Price

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1185 N Mill Street, New Castle, IN, 47362 is a Lots and Land for sale at $160,000 with a lot size of 10.73. 1185 N Mill Street is a studio with 0.0 baths. The property's zip code is 47362 which is in New Castle, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 2/9/2026.

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1185 N Mill Street

Lots and Land for sale in New Castle, IN

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