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5230 W State Road 38

New Castle, IN 47362

ActiveListed Jul 28, 2026 · 49 days on market

Key facts

Beds
3
Baths
1 full
Living area
1,118 sqft
Lot
0.21 acres
Year built
1870
Type
Residential · Single Family Residence
Stories
One
MLS #
22116988
County
Henry
Subdivision
Pickerings

About this home

Opportunity awaits with this spacious country property offering room to grow, update, and make it your own! Situated on a large lot, this home features a covered front porch, mature shade trees, a detached storage shed, and plenty of outdoor space for gardening, recreation, or future improvements. The home offers a functional floor plan with generously sized living spaces, a large kitchen and dining area ready for your personal finishing touches, and a spacious utility/mud room with additional storage. Recent mechanical updates provide added value, including a Trane high-efficiency furnace and central air conditioning, a 200-amp electrical service, and an electric water heater installed in 2016. The property is serviced by a private well and includes a water softener system. Whether you're looking for a primary residence to customize, an investment opportunity, or a property with room to expand, this home offers endless potential in a peaceful setting. Property is being sold As-Is.

Description provided by the listing brokerage.

Interior

Appliances
Electric Water Heater
Interior features
Attic AccessEntrance FoyerPaddle FanEat-in Kitchen
Other rooms and areas
Laundry in UnitUtility Room
Laundry
Connections All
Rooms
5
Main-level bedrooms
3
Condition
Fixer

Exterior

Exterior features
Storage Shed
Patio and porch
Covered
Construction
Vinyl Siding
Foundation
Crawl Space
Style
Ranch
Parking and garage
Gravel
Fencing
Chain LinkPartial

Systems

Heating
Forced Air
Cooling
Central Air
Water
WellPrivate
Utilities
Electricity ConnectedSeptic System

Lot and HOA

Lot features
SidewalksMature Trees

Schools

Elementary school
Shenandoah Elementary School
Middle school
Shenandoah Middle School
High school
Shenandoah High School
School district
Shenandoah School Corporation

Taxes

Estimated annual tax
$325 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$512per month, estimated
Principal and interest $453Property tax $27Insurance $31
20% · $17,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$89,900
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