Key facts
- Lot
- 26.11 acres
- Type
- Land · Farm
- MLS #
- 22123498
- County
- Henry
- Subdivision
- No Subdivision
About this home
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.
Description provided by the listing brokerage.
Systems
- Sewer
Lot and HOA
- Zoning
- Ag Res
Schools
- Elementary school
- Wilbur Wright Elementary School
- Middle school
- New Castle Middle School
- High school
- New Castle High School
- School district
- New Castle Community School Corp
Taxes
- Estimated annual tax
- $1,384 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
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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