2912 Outer Drive New Castle, IN ^$ 139,900

2912 Outer Drive

^$ 139,900

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2912 Outer Drive

New Castle, IN, 47362

^$ 139,900

Bedrooms-- Baths-- Sq 1,119

Monthly Estimate*

^$ 883

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Commercial Property for sale in New Castle, IN

for $139,900. This 1,119 square foot building was built in 1961 on a lot size of 5.99.

Just under 6 acres on the edge of town with Industrial I2 zoning. This property is the former site of the New Castle Sawmill and previously had 3-phase power running back to the barns. The west section of the larger barn appears to be salvageable. This is a great opportunity at an attractive price point, especially considering the zoning.

Commercial Active

Price

^$ 139,900

Property Type

Commercial

Taxes

^$ 892

Style

Industrial

Lot Size

5.99

Year Built

1961

Town/City

New Castle

County/Region

Henry

MLS | Web ID

22102629

Features

General

Utilities Electricity Connected

Possession Closing

Zoning I2

Year Built 1961

Stories Count 1

Township Henry

Property Subtype Industrial

Tax Year 2026

Current Use Vacant

County Henry

New Construction N

Property Type Commercial Sale

Status Active

Directions GPS Friendly

City New Castle

High School District New Castle Community School Corp

MLS Area 3307 - Henry - Henry

Lot Size Square Feet 260750

Standard Status Active

Tax Lot 0

Legal Description Pt Se1/4 23-17-10 .551A 898A 1.88A (282.5'X290.4') & 2.657A (Total 5.986A)

Exterior

Building Area Total 1119

Lot Size Acres 5.99

* Excluded Features

List By

F.C. Tucker Company

Broker

Ben.Crouch@TalkToTucker.com

Affordability Calculator

$958

Per Month

Monthly Principal & Interest: $883
Monthly Property Taxes: $74
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Commerical listings in New Castle, IN

Average List Price ^$393,105

Percent of Sale Price 181%

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.

4045027 Elementary School

4044990 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/18/2026	$139,900		Listed Price

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2912 Outer Drive, New Castle, IN, 47362 is a Commercial Property for sale at $139,900 with 1,119 sqft and a lot size of 5.99. 2912 Outer Drive was built in 1961. 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 6.49% 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 6/28/2026.

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2912 Outer Drive

Commercial Property for sale in New Castle, IN

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