Land for Sale in New Castle, Indiana
N State Road 3, New Castle, IN 47362
This 44+/- acre property offers a prime location with significant potential for commercial development. Featuring a large amount of frontage along State Road 3, along with convenient rail access, this parcel is perfectly situated for a variety of business ventures. Previously part of a large farming operation, the land is surrounded by other commercial enterprises, making it an ideal candidate for similar development. The property is well-equipped for future use, with high-pressure gas lines and a nearby substation providing ample power to support any commercial or industrial operations. This rare opportunity combines accessibility, utilities, and location, offering an excellent foundation for your next enterprise. Don't miss your chance to secure this exceptional piece of real estate in central Indiana.
Location
- Street address
- N State Road 3
- County
- Henry County
- Zip code
- 47362
- School district
- Blue River Valley Schools
- Elevation
- 1,070 feet
Directions
From SR 3/38, north on SR 3 about 5 miles, past railroad tracks. This property is located between New Castle and Mount Summit.
Property details
- Acreage
- 44.35 acres
- Zoning
- Agriculture
- MLS #
- MEIN 202617664
- Posted
Property taxes
- 2024
- $1,438
Parcels
- 33-07-27-000-111.001-021
Legal description
PT W1/2 NW1/4 27-18-10 49.634A
Details and features
Listing
- Type
- Land
Lot
- Features
- 15+, Level, Tillable, Undeveloped
Nearby schools
| Name | Type | District |
|---|---|---|
| Blue River Valley | Elementary | Blue River Valley Schools |
| Blue River Valley | Middle | Blue River Valley Schools |
| Blue River Valley | High | Blue River Valley Schools |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 9, 2026 | New listing | $899,900 | — | MEIN |