Land with Home for Sale in New Castle, Indiana
3806 S State Road 3, New Castle, IN 47362
Welcome to this beautifully updated 2,196 sq. ft. farmhouse situated on just over 2 acres, offering the perfect blend of country living with added versatility. This 3-bedroom, 1.5-bath home features a spacious family room filled with natural light, overlooking a partially fenced backyard with mature trees—ideal for enjoying peaceful outdoor living. Step outside to your own private retreat with an inground pool, perfect for relaxing or entertaining. What truly sets this property apart is the additional outbuilding currently being used as a fully functional auto repair shop, complete with three bays, an above-ground lift, and office space—providing an excellent opportunity for a home-based business or hobbyist. In addition, the property includes a four-car detached garage for extra storage or vehicles, as well as a barn equipped with four horse stalls and a tack room, offering flexibility for a variety of uses. Positioned on approximately 2.09 acres and conveniently located near Interstate 70, this property offers the space, privacy, and functionality of a residential home with the added benefit of an on-site workspace. Just 50 minutes from Indianapolis, 30 minutes from Richmond, and 30 minutes from Muncie, this is a unique opportunity to enjoy country living with practical amenities.
Location
- Street address
- 3806 S State Road 3
- County
- Henry County
- School district
- New Castle Community School Corp
- Elevation
- 1,074 feet
Property details
- Acreage
- 2.09 acres
- MLS #
- BMLS 202516227
- Posted
Property taxes
- Recent
- $1,768
Parcels
- 33-12-34-300-302.000-015
Resources
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Exterior
- Parking
- Detached Garage, Garage
- Pool
- Private
- Features
- Pool
Structure
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
- Materials
- Brick
Interior
- Room Count
- 9
- Rooms
- Bathroom x 2, Bedroom x 3
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Natural Gas | Connected |
Nearby schools
| Name | Type | District |
|---|---|---|
| Riley | Elementary | New Castle Community School Corp |
| New Castle | Middle | New Castle Community School Corp |
| New Castle | High | New Castle Community School Corp |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 3, 2026 | New listing | $429,000 | — | BMLS |
| Nov 18, 2025 | Listing removed | $436,900 | — | Listing agent |
| Sept 18, 2025 | Price drop | $436,900 | $30,000 -6.4% | MIBOR |
| July 19, 2025 | Price drop | $466,900 | $100 -0.02% | MIBOR |
| July 18, 2025 | Price drop | $467,000 | $100 -0.02% | MIBOR |
| July 17, 2025 | Price drop | $467,100 | $100 -0.02% | MIBOR |
| July 16, 2025 | Price drop | $467,200 | $100 -0.02% | MIBOR |
| July 15, 2025 | Price drop | $467,300 | $100 -0.02% | MIBOR |
| July 14, 2025 | Price drop | $467,400 | $100 -0.02% | MIBOR |
| July 13, 2025 | Price drop | $467,500 | $100 -0.02% | MIBOR |
| July 12, 2025 | Price drop | $467,600 | $100 -0.02% | MIBOR |
| July 11, 2025 | Price drop | $467,700 | $100 -0.02% | MIBOR |
| July 10, 2025 | Price drop | $467,800 | $100 -0.02% | MIBOR |
| July 9, 2025 | Price drop | $467,900 | $100 -0.02% | MIBOR |
| July 8, 2025 | Price drop | $468,000 | $100 -0.02% | MIBOR |