E State Road 38, New Castle, IN 47362

$449,900
property image
List Price
$449,900
MLS#
22123498
Property Type
Land
Days on Market
8
Status
ACTIVE

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.

Additional Information

Present Zoning
Agricultur
Land Characteristics
Other
Topography
Level
Soil Type
Not Applic
Development Status
NoStatus
Facilities on Site
None
Facilities near Site
Electric, Gas, Water & Sewer
Water
Not Applic
Sewer
Not Applicable
Road Access
See Remarks
Road Frontage
State Road
Road Surface
Asphalt
Acres
26.11
Water
Not Applic
Region
Henry

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of F.C. Tucker/Crossroads.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative