Mixed-Use Property with Auto
For Sale
$399,900
3806 S State Road 3, New Castle, IN 47362
A farmhouse, repair shop, horse barn, and detached garage are set on a property with State Road 3 frontage.
Property Size1,380 SF
Price / SF$289.78
Days on Market30
Property Features for 3806 S State Road 3
General Information
Standard status
Active
Size
1,380 SF
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Automotive Uses
auto repair
Real Estate Included
Yes
Amenities
inground pool
sunroom
detached garage
horse barn
Building Details
Year Built
1936
Buildings
4
Abandoned
No
Listing Agency:
Berkshire Hathaway Home
(317) 462-2345
Listed By:
Stacy West
(765) 238-9103
Source:
Locksteprealty
Added: Sep 30
Changed: Oct 29
Last Checked: Oct 29 at 2:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Home
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Investment Insights
Based on property information with market context.
This mixed-use property combines a farmhouse with an established auto repair shop and a small farm setup. The repair shop measures 30 by 46 feet and includes an office, an above-ground car lift, and most of its equipment; the business has a 25-year history. A detached garage accommodates more than four vehicles and includes a separate storage room. The 44-by-44-foot horse barn has four stalls, a tack room, and a hayloft, with a chicken coop also on the property.
The farmhouse includes an L-shaped kitchen and dining area, a family room, and a three-season sunroom overlooking a 16-by-32-foot inground pool. More than two acres of land extend along State Road 3. The property is approximately 2 miles north of I-70 and about 45 minutes from downtown Indianapolis.
The farmhouse includes an L-shaped kitchen and dining area, a family room, and a three-season sunroom overlooking a 16-by-32-foot inground pool. More than two acres of land extend along State Road 3. The property is approximately 2 miles north of I-70 and about 45 minutes from downtown Indianapolis.
Key Highlights
- Auto repair shop with 25‑year operating history
- 30‑by‑46‑foot shop with office, above‑ground car lift, and most equipment
- 44‑by‑44‑foot horse barn with 4 stalls, tack room, and hayloft
Property Analytics
Who owns this building?
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
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Business Placement
Demographics for 47362, IN
30,184
Population
12,523
Households
2.4
Avg Household Size
43
Median Age
15%
College-Educated
89%
High-School Grad
147.7 sq mi
ZIP Area
204
Density / Sq Mi
$56,564
Median Household Income
$38,568
Median Earnings
$792
Median Rent
$131,800
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A farmhouse, repair shop, horse barn, and detached garage are set on a property with State Road 3 frontage.
Where is this mixed-use property located?
The property is located at 3806 S State Road 3 New Castle, IN.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Auto repair shop with 25‑year operating history; 30‑by‑46‑foot shop with office, above‑ground car lift, and most equipment; 44‑by‑44‑foot horse barn with 4 stalls, tack room, and hayloft
