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Listed by Mike McKown • F.C. Tucker/Crossroads Real Estate • Cell: 765-524-3018
$ 449,900
Est. payment /mo
New
0 E State Road 38 New Castle, IN 47362
40.32 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Agricultural Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202636402
Annual Tax Amount $2,916
Tax Year 2026
Lot Size 40.320 Acres
Property Sub-Type Agricultural Land
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.
Location
State IN
County Henry County
Area Henry County
Direction State Road 38 east from New Castle to 31st Street
Building
New Construction No
Schools
Elementary Schools Wilbur Wright
Middle Schools New Castle
High Schools New Castle
School District New Castle Community School Corp.
Others
Financing Cash,Conventional
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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