Agricultural Land with
New
For Sale
$449,900
E State Road 38, New Castle, IN 47362
LOTS AND LAND, New Castle, IN
Property SizeContact for details
Lot Size40.32 Acres
Days on Market2
Property Features for E State Road 38
General Information
Property type
Land
Property subtype
Other
Lot features
Irregular, Pasture, Undeveloped, Tillable, 15+, City, Rural, Barn
Elementary school
Wilbur Wright
Middle school
New Castle
High school
New Castle
Elementary school district
New Castle Community School Corp.
Middle school district
New Castle Community School Corp.
High school district
New Castle Community School Corp.
Directions
State Road 38 east from New Castle to 31st Street
Subdivision
Henry County
Standard status
Active
APN
33-12-13-000-116.000-015
Lot size
40.32 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
PT W1/2 NW1/4 13-17-10 15.11A, .79A & 10.21A (TOTAL 26.11A) PT SW1/4 12-17-10 9.19A PT W1/2 NW1/4 13-17-10 15A
Tax Annual Amount
2916
Legal Description
PT W1/2 NW1/4 13-17-10 15.11A, .79A & 10.21A (TOTAL 26.11A) PT SW1/4 12-17-10 9.19A PT W1/2 NW1/4 13-17-10 15A
Listing Agency:
F.C. Tucker/Crossroads Real Estate
(765) 521-9464
Listed By:
Mike McKown
(765) 524-3018
Added: Sep 3
Changed: Sep 4
Last Checked: Sep 4 at 12:06PM
MLS# 202636402
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.
Investment Insights
Based on property information with market context.
This 40.32-acre agricultural property consists of crop-planted land with an existing old barn. The barn provides on-site storage space and contributes a distinct historic feature to the acreage. Crops are expected to be harvested in the fall, giving the next owner a clear point at which to evaluate the property’s future use.
The tract is positioned on the east side of New Castle in Henry County, Indiana, with access from both 31st Street and E. State Road 38. Its location combines an agricultural setting with proximity to the city of New Castle. The property offers a substantial rural landholding with an established structure and dual-road access.
The tract is positioned on the east side of New Castle in Henry County, Indiana, with access from both 31st Street and E. State Road 38. Its location combines an agricultural setting with proximity to the city of New Castle. The property offers a substantial rural landholding with an established structure and dual-road access.
Key Highlights
- 40.32 acres of agricultural land
- Existing old barn on the property
- Currently planted in crops, with harvest expected in the fall
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Explore this area
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Crop-planted agricultural land includes an existing barn and access from two roads.
Where is this agricultural land / farmland located?
The property is located at E State Road 38 New Castle, IN.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 40.32 acres of agricultural land; Existing old barn on the property; Currently planted in crops, with harvest expected in the fall
