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.
State Road 38 east from New Castle to 31st Street
| 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 |
| Construction | Agricultural Land |
|---|---|
| Lot Size | 1,756,339 sq ft |
| Acreage | 40.32 Acres |
| Lot Dimensions | 40.32 |
| Fence | None |
| Area | Henry County |
|---|---|
| County | Henry |
| Subdivision | None |
| Township | Henry |
| City | New Castle |
| State | IN |
| Zip | 47362 |
| School District | New Castle Community School Corp. |
|---|---|
| Elementary | Wilbur Wright |
| Middle School | New Castle |
| High School | New Castle |
| Assoc. Dues | $0.00 Not Applicable |
|---|
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.