Calling all homesteaders! New Castle, KY. We have 5.8 acres, most of it is zoned agricultural so it’s ready for planting or animals. Another part of it is zoned to build a new home and connects to the road, which would be Overlook Terrace (see the picture pf the map — the section labeled “New Lot” is zoned for a new home to be built. Gas and electric hookups are ready!). It is in our contract that we cannot sell to developers, and this stipulation will be written into the next contract as well. This is a place for someone who wants to farm or enjoy a peaceful spot filled with wildlife right in town.
The existing home is a 2 bedroom / 1 bath. We currently use it as a 1 bedroom and an office. It was originally a trailer that has an additional family room added, as well as a front and back porch. The sides have been bricked over and a new roof added. It’s nearly impossible to tell that it started as a trailer. The home is perfectly livable, while you get ready to build a new house. Long term, it would be great for renovating and renting. The property currently exits to Property Road. It is backed up from the main road and sees virtually no traffic. You’re a 5 minute walk from downtown New castle and you backyard is endless fields and trees. Our field looks over more field and has gorgeous sunsets and sunrises and tons of fireflies.
The lot also comes with a 2 car garage, a chicken coop with 2 fenced in runs — and if you like, you can keep the chickens! They are young, so they’re still putting out lots of fresh eggs.
In the front yard is a small pond we dug by hand. It's full of frogs, water lilies, and water lotuses.
House is sold as is.
Sold for $165,000
$165,000
461 N Property Rd, New Castle, KY 40050
2beds
1,000sqft
SingleFamily
Built in 1961
5 Acres Lot
$197,900 Zestimate®
$165/sqft
$1,290 Estimated rent
Home value
$197,900
$178,000 - $220,000
$1,290/mo
Zestimate® history
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List your homeWhat's special
Small pondChicken coopAdditional family roomTons of firefliesNew roofEndless fields and treesGorgeous sunsets and sunrises
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Laminate
- Basement: None
Interior area
- Total interior livable area: 1,000 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl, Brick
- Has view: Yes
- View description: Territorial
Lot
- Size: 5 Acres
Details
- Parcel number: 028600100200
Construction
Type & style
- Home type: SingleFamily
Materials
- masonry
- Foundation: Stone
- Roof: Shake / Shingle
Condition
- Year built: 1961
Community & HOA
Location
- Region: New Castle
Financial & listing details
- Price per square foot: $165/sqft
- Tax assessed value: $152,000
- Annual tax amount: $1,746
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2025 | Sold | $165,000-8.3%$165/sqft |
Source: Public Record Report a problem | ||
| 1/6/2025 | Pending sale | $180,000$180/sqft |
Source: Owner Report a problem | ||
| 11/17/2024 | Listed for sale | $180,000+18.4%$180/sqft |
Source: Owner Report a problem | ||
| 8/24/2020 | Sold | $152,000+176.4%$152/sqft |
Source: Public Record Report a problem | ||
| 5/1/2018 | Sold | $55,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,746 +0.3% | $152,000 |
| 2023 | $1,742 -3.5% | $152,000 |
| 2022 | $1,804 -2.5% | $152,000 |
| 2021 | $1,850 +172.1% | $152,000 +176.4% |
| 2020 | $680 +4.9% | $55,000 |
| 2019 | $648 +643% | $55,000 +22.2% |
| 2018 | $87 +0.3% | $45,000 |
| 2017 | $87 -77.5% | $45,000 +28.6% |
| 2014 | $386 +3718.2% | $35,000 |
| 2013 | $10 | -- |
| 2010 | $10 | -- |
Find assessor info on the county website
Neighborhood: 40050
Nearby homes
- $208,8002 bd1 ba2k sqft430 N Property Rd, New Castle, KY 40050Off Market
- $241,9003 bd2 ba1.7k sqft412 N Property Rd, New Castle, KY 40050Off Market
- $253,6003 bd1 ba2.2k sqft360 N Property Rd, New Castle, KY 40050Off Market
- $309,7003 bd2 ba1.5k sqft449 N Property Rd, New Castle, KY 40050Off Market
- $328,7003 bd3 ba2.6k sqft449 N Property Rd, New Castle, KY 40050Off Market
- $107,2002 bd1 ba944 sqft344 N Property Rd, New Castle, KY 40050Off Market
- $391,5004 bd3 ba4.1k sqft18 Cedar St, New Castle, KY 40050Off Market
- $217,0003 bd2 ba1.1k sqft328 N Property Rd, New Castle, KY 40050Sold
Nearby schools
GreatSchools rating
- 2/10New Castle Elementary SchoolGrades: K-5Distance: 0.1 mi
- 8/10Henry County Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Henry County High SchoolGrades: 9-12Distance: 1.2 mi
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- Kentucky
- Henry County
- New Castle
- 40050
- 461 N Property Rd