3806 S State Road
New Castle, IN 47362-9681
- 3 beds
- 1 bath
- – sqft
- ~2 acre lot
- – on site
Updated Farmhouse on 2+ Acres!!! Opportunity awaits at this prime Mixed Use property located on State Road 3, just 2.5 miles south of I-70 and 50 minutes from Indianapolis. This versatile property features a well-equipped auto shop with three bays, a car lift, and excellent road frontage, perfect for attracting business. Included is a beautifully renovated 2,196 sq. ft. farmhouse offering a blend of modern comforts and rustic charm. The home boasts an attached four-car garage, providing ample storage and convenience. Additionally, the property includes a horse barn with 5 stalls, a tack room, and an inground pool, all set on 2.09 acres. This unique property combines residential comfort with commercial potential, making it an ideal investment for those seeking a multi-use space in a strategic location. Don't miss this chance to own a property that offers both a renovated farm house and a business opportunity.
Last checked:
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Last updated May 6, 2025
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MLS# 202516227 —
The Building
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Year Built:1936
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New Construction:No
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Style:Detached
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Exterior:Aluminum, Brick
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Basement:Yes
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Basement/Foundation:Crawl
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Total SqFt:3584
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Total Finished SqFt:3584
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Main Level SqFt:1792
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Above Grade Finished SqFt:2688
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Upper Level SqFt:896
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Below Grade Finished SqFt:896
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Total Below Grade SqFt:896
Interior
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Laundry Level:Main
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Fireplace:No
Room Dimensions
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1st Bedroom Length:28
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1st Bedroom Width:10
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2nd Bedroom Length:13
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2nd Bedroom Width:10
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3rd Bedroom Width:11
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3rd Bedroom Length:13
Location
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Directions to Property:GPS Friendly
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Latitude:39.879787
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Longitude:-85.384703
The Property
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Parcel# ID:33-12-34-300-302.000-015
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Property Subtype:Site-Built Home
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Lot Dimensions:450 x 202
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Lot Description:Other
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Approx Lot Size SqFt:91040
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Approx Lot Size Acres:2.09
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Waterfront:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Annual Taxes:1768
Beds
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Total # Bedrooms:3
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1st Bedroom Level:Upper
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2nd Bedroom Level:Upper
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3rd Bedroom Level:Upper
Baths
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Total Baths:2
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Total Half Baths:1
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Total Full Baths:1
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# Half Baths Main:1
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# of Full Baths Upper:1
The Listing
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Branded Virtual Tour:https://www.tourfactory.com/3196504
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Unbranded Virtual Tour:https://www.tourfactory.com/idxr3196504
Heating & Cooling
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Heating Fuel:Gas, Forced Air
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Cooling:Central Air
Utilities
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Water Utility:Well
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Well Type:Private
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Sewer:Septic
Schools
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Elementary:Riley
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Middle School:New Castle
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High School:New Castle
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School District:New Castle Community School Corp.
The Community
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Subdivision:None
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Pool:Yes
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Pool Type:Below Ground
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Association Dues Frequency:Not Applicable
Parking
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Garage:Yes
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Garage Type:Detached
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Garage/# of Cars:4
Monthly cost estimate

Asking price
$469,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,516
|
Taxes | $7,586 |
Insurance | $129 |
Utilities | N/A |
Total | $10,231/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/6/25
May 6, 2025
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Listed / Active | IRMLS | $469,900 |