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Improved Mixed-Use Land for Sale in New Castle, Indiana

2480 E State Road 38, New Castle, IN 47362

$269,900
2.83 acres
Active
ago
Est $1,390/mo

Country property offering versatility and functionality just minutes from town. This 3-bedroom, 1-bath home is currently used as an animal rescue and provides ample space for animals, hobbies, or a home-based business. The home features two fireplaces, a greenhouse, covered patio and all kitchen appliances. One end of the home includes a separate retail or office space with its own entrance, ideal for business use or additional living space. The 2-story barn provides substantial storage or livestock space. Property improvements include: • New furnace, water heater, and water softener (2024) • New electrical panels in both house and barn (2023) • New metal on barn roof (2025) A unique opportunity for buyers seeking country living with convenient access to town amenities.

1,412
Sq feet
3
Beds
1
Full bath
1952
Built

Location

Street address
2480 E State Road 38
School district
New Castle Community School Corp.
Elevation
1,072 feet
Coordinates
39.9262, -85.3389

Directions

From Ind 3, East on Broad St (St Rd 38). Property is on N side of road on the east side of New Castle, right outside city limits.

Property details

Acreage
2.83 acres
MLS #
MEIN 202606582
Posted

Property taxes

Recent
$1,148

Parcels

  • 33-12-13-000-143.000-015

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Structures
Barn(s)
Features
Barn

Structure

Style
Ranch
Stories
1
Basement
Yes
Heating
Fireplace(s), Natural Gas
Materials
Block

Interior

Room Count
8
Rooms
Basement, Bathroom, Bedroom x 3, Dining Room, Great Room, Kitchen, Laundry, Living Room
Appliances
Microwave
Features
Ceiling Fan(s), Eat-In Kitchen, Patio Covered, RV Parking, Range-Gas, Range/Oven Hook Up Gas, Refrigerator, Stand Up Shower, Sump Pump, Water Softener-Owned

Property utilities

CategoryTypeStatus
GasNatural GasConnected
WaterPublicAvailable

Nearby schools

NameTypeDistrict
ParkerElementaryNew Castle Community School Corp.
New CastleMiddleNew Castle Community School Corp.
New CastleHighNew Castle Community School Corp.

Listing history

DateEventPriceChangeSource
Mar 2, 2026New listing$269,900MEIN
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This 2.83-acre property is located at 2480 E State Road 38 in New Castle, IN 47362. The property is available for sale for $269,900. It has a 1,412 sq ft 3 bedroom, 1 bath house built in 1952.

Checked 2 hours ago — Updated

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