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0 E State Road 38 New Castle, IN $ 449,900
0 E State Road 38
$ 449,900
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0 E State Road 38

New Castle, IN, 47362
$ 449,900
Baths0.0

Monthly Estimate*

$ 2,841

Studio

Lots and Land for sale in New Castle, IN

for $449,900. The lot size is 26.11.

Discover the opportunity to own approximately 40 acres of agricultural land on the east side of New Castle, offering a rare combination of open space, road frontage, accessibility, and development potential. The property features a beautiful old barn that adds character and charm while providing useful storage or potential for a variety of future uses. With road access from both 31st Street and E. State Rd. 38, this property offers excellent accessibility and flexibility. Whether you're looking for a private mini farm, a peaceful homestead, an investment property, or land with potential for future residential development or commercial activity, this property presents a multitude of possibilities. The acreage is currently planted in crops, which are expected to be harvested this fall. After harvest, the new owner will have the opportunity to envision and develop the property to suit their needs. Located just east of New Castle, this property combines the appeal of rural living with convenient access to town.

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Lots and Land Active

Price

$ 449,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,384

Style

Farm

Lot Size

26.11

Town/City

New Castle

County/Region

Henry

MLS | Web ID

22123498

Features
General
Sewer Not Applicable
Possession Negotiable
Development Status NoStatus
Zoning Ag Res
Topography Level
Township Henry
Property Subtype Farm
Tax Year 2025
County Henry
New Construction N
Property Type Land
HOA N
Subdivision Name No Subdivision
Other Structures Other
Status Active
Directions State Road 38 east from New Castle to 31st Street
High School New Castle High School
City New Castle
High School District New Castle Community School Corp
MLS Area 3307 - Henry - Henry
Lot Size Square Feet 1137352
Elementary School Wilbur Wright Elementary School
Middle/Junior High School New Castle Middle School
Standard Status Active
Tax Lot 33-12-13-000-116.000-015
Legal Description PT W1/2 NW1/4 13-17-10 15.11A .79A & 10.21A (TOTAL 26.11A) PT SW1/4 12-17-10 9.19A PT W1/2 NW1/4 13-17-10 15A
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Exterior
Lot Size Acres 26.11
Road Surface Type Asphalt
Road Frontage Type State Road
Horse Amenities None
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* Excluded Features
List By
F.C. Tucker/Crossroads

Broker

mike.mckown@talktotucker.com

Email

Affordability Calculator

$2,956
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,841
Monthly Property Taxes
$115
Monthly 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
4057904 Elementary School
4046396 Middle School
New Castle High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2026$449,900 Listed Price

Map


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0 E State Road 38, New Castle, IN, 47362 is a Lots and Land for sale at $449,900 with a lot size of 26.11. 0 E State Road 38 is a studio with 0.0 baths. The property's zip code is 47362 which is in New Castle, IN