Active

0 E State Road 38

Agricultural Land
$449,900 Listed 1 month ago
40.32 Acres
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Property Description

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.

Directions

State Road 38 east from New Castle to 31st Street

Property
MLS # 202636402
Date Listed 2026-09-03
Status Active
Property Type Lots and Land
Property SubType Agricultural Land
Type Agricultural Land
Annual Taxes $2,916.00
Year Taxes Payable 2026
Virtual Tour propertypanorama.com »
Days on Market 30
Homestead Year No
External Features
Construction Agricultural Land
Lot Size 1,756,339 sq ft
Acreage 40.32 Acres
Lot Dimensions 40.32
Fence None
Location
Area Henry County
County Henry
Subdivision None
Township Henry
City New Castle
State IN
Zip 47362
Schools
School District New Castle Community School Corp.
Elementary Wilbur Wright
Middle School New Castle
High School New Castle
Financial
Assoc. Dues $0.00 Not Applicable
Contact

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MLS# 202636402
Listing Provided Courtesy of Mike McKown
F.C. Tucker/Crossroads Real Estate
Cell: 765-524-3018

Listing updated September 4, 2026 at 9:30 am
Last checked 4 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively 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 deemed reliable but is not guaranteed accurate by the MLS.