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E State Road 38

New Castle, IN 47362
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Acres26.11

Acres(Lot)

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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Detail Ic Property Details

Property Type : Land

Price : $449,900

AD Id : 90989682

MLS Id : MBR22123498

Lot Size : 26.11 Acres(Lot)

County : Henry

Subdivision: No Subdivision

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  • Lot Information

    Lot Square Feet: 1137352 Lot Acres: 26.11

    Property Information

    Property Type: Land Sub Type: Farm

  • Listing Price Information

    Original List Price:$449900

  • Tax Information

    Tax Lot: 33-12-13-000-116.000-015 Tax 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 Tax Year: 2025 Parcel Number: 331213000116000015

  • School Information

    Elementary School: Wilbur Wright Elementary School Junior High School: New Castle Middle School Senior High School: New Castle High School
  • Utility Information

    Sewer: Not Applicable
  • Location Information

    Subdivision: No Subdivision City: New Castle Direction: State Road 38 east from New Castle to 31st Street
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
000 N 28th Street, New Castle, IN, 47362 $19,900 -- -- -- 0.63 Acre(Lot)
2600 S State Road 103, New Castle, IN, 47362 $982,500 -- -- -- 78.60 Acres(Lot)
N 23rd Street, New Castle, IN, 47362 $15,800 -- -- -- 0.49 Acre(Lot)
N State Road 3, New Castle, IN, 47362 $899,900 -- -- -- 44.36 Acres(Lot)
000 S State Road 103, New Castle, IN, 47362 $529,900 -- -- -- 31.10 Acres(Lot)
400 S 14th Street, New Castle, IN, 47362 $129,900 -- -- -- 0.25 Acre(Lot)
00 N Main Street, New Castle, IN, 47362 $15,999 -- -- -- 0.56 Acre(Lot)
4200 S Memorial Drive, New Castle, IN, 47362 $631,500 -- -- -- 2.51 Acres(Lot)
***6 Meadowbrook Drive, New Castle, IN, 47362 $47,450 -- -- -- 0.73 Acre(Lot)
***4 Meadowbrook Drive, New Castle, IN, 47362 $43,550 -- -- -- 0.67 Acre(Lot)
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ByOwner last updated this listing 09/04/2026 @ 06:20

MLS: MIBOR #22123498 LISTED BY: Michael McKown, F.C. Tucker/Crossroads 765-521-9464 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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