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Land for Sale in New Castle, Indiana

4200 S Memorial Dr, New Castle, IN 47362

$631,500
2.5 acres
Active sale
Est $4,752/mo

Prime Location! City water & sewer available for connection. Existing well in place! Take advantage of this rare opportunity to purchase this 2.5 acre lot with endless potential! Approximately 400' of State Road 3 Road Frontage. Surrounded on all four sides by road frontage makes accessibility ideal. Electric and Gas available for connection.

Location

Street address
4200 S Memorial Dr
Zip code
47362
School district
New Castle Community School Corp.
Elevation
1,090 feet
Coordinates
39.8908, -85.3849

Directions

State Road 3 next to the Raintree Inn.

Property details

Acreage
2.51 acres
MLS #
MEIN 202426738
Posted

Property taxes

2023
$5,934

Parcels

  • 33-12-27-330-302.000-015

Legal description

Details and features

Listing

Type
Land

Lot

Features
City, Corner, Level, Undeveloped

Nearby schools

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

Listing history

DateEventPriceChangeSource
July 14, 2026New listing$631,500MEIN
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This 2.51-acre property is located at 4200 S Memorial Dr in New Castle, IN 47362. The land is available for sale, priced at $631,500 — $251,594 per acre.

Listed by F.C. Tucker/Crossroads Real Estate, (765) 521-9464

Checked 2 hours agoUpdated

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Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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