Discover the opportunity to own approximately 40 acres of agricultural land on the east side of New Castle, offering a rare combination of open space, road frontage, accessibility, and development potential. The property features a beautiful old barn that adds character and charm while providing useful storage or potential for a variety of future uses. With road access from both 31st Street and E. State Rd. 38, this property offers excellent accessibility and flexibility. Whether you're looking for a private mini farm, a peaceful homestead, an investment property, or land with potential for future residential development or commercial activity, this property presents a multitude of possibilities. The acreage is currently planted in crops, which are expected to be harvested this fall. After harvest, the new owner will have the opportunity to envision and develop the property to suit their needs. Located just east of New Castle, this property combines the appeal of rural living with convenient access to town.
Active
$449,900
0 E State Road 38, New Castle, IN 47362
--beds
--baths
26.11Acres
Unimproved Land, Farm
Built in ----
26.11 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day
- 41
- 0
Zillow last checked:
Listing updated:
Listed by:
Michael McKown 765-524-3018,
F.C. Tucker/Crossroads
Source: MIBOR as distributed by MLS GRID,MLS#: 22123498
Facts & features
Property
Lot
- Size: 26.11 Acres
- Features: Other
- Topography: Level
Details
- Additional structures: Other
- Parcel number: 331213000116000015
- Zoning: Ag Res
- Zoning description: Agricultur
- Horse amenities: None
Utilities & green energy
- Water: Not Applic
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: New Castle
Financial & listing details
- Annual tax amount: $1,384
- Date on market: 9/3/2026
- Cumulative days on market: 3 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $449,900 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 47362
Nearby schools
Schools provided by the listing agent
- Elementary: Wilbur Wright Elementary School
- Middle: New Castle Middle School
- High: New Castle High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







