Listing courtesy of F.C. Tucker/Crossroads Real Estate · Listing agent: Mike McKown · Cell: 765-524-3018
0 E State Road 38
$449,900
New Castle, IN 47362
- 40.3 acres
- Lot
- 40.32 ac
- Type
- Agriculture
- Listed
- September 3, 2026
- MLS #
- 202636402
About this home
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.
Property details
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Barn
- Lot size (acres)
- 40.32 ac
- Lot dimensions
- 40.32
- Location type
- City,Rural
- County
- Henry County
- Township
- Henry
- Current use
- Agricultural, Camp/RV with Land, Recreational
- Road frontage
- State Road
- Road surface
- Asphalt
- Road maintained by
- State
- Price per acre
- $11,158
- Easements
- Yes
- Restrictions
- Easements
- Platted
- Yes
- Planned unit development
- No
- Directions
- State Road 38 east from New Castle to 31st Street
Schools
- Elementary school
- Wilbur Wright
- Middle school
- New Castle
- High school
- New Castle
- School district
- New Castle Community School Corp.
Taxes & terms
- Annual taxes
- $2,916
- Tax year
- 2026
- Assessed value
- $58,000
- Listing terms
- Cash, Conventional
- Possession
- Negotiable
- Parcel number
- 33-12-13-000-116.000-015
Utilities
- Water
- City
- Electric
- Available
- Utilities
- Sewer Available
- Electric provider
- Duke Energy Indiana
Location
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Listing courtesy of F.C. Tucker/Crossroads Real Estate
