$1,100,000

0 N 3 New Castle, IN 47362

Estimated payment $5,900/month

Total Views 18,274
49.63 Acres
$22,162 Price per Acre
2,162,057 Sq Ft Lot

Highlights

  • 49.63 Acre Lot
  • Agricultural
  • Property is near a railroad

About This Lot

This 50+/- acre property offers a prime location with significant potential for commercial development. Featuring a large amount of frontage along State Road 3, along with convenient rail access, this parcel is perfectly situated for a variety of business ventures. Previously part of a large farming operation, the land is surrounded by other commercial enterprises, making it an ideal candidate for similar development. The property is well-equipped for future use, with high-pressure gas lines and a nearby substation providing ample power to support any commercial or industrial operations. This rare opportunity combines accessibility, utilities, and location, offering an excellent foundation for your next enterprise. Don’t miss your chance to secure this exceptional piece of real estate in central Indiana.

Listing Agent

Mike McKown

F.C. Tucker/Crossroads Real Estate Brokerage Phone: 765-524-3018 Listed on: 04/03/2025

F.C. Tucker/Crossroads Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,438

Lot Details

  • 49.63 Acre Lot
  • Property fronts a state road
  • Finished Lot(s)
  • Subdivision Possible
  • Zoning described as Agriculture

Schools

  • Blue River Valley Elementary And Middle School
  • Blue River Valley High School

Additional Features

  • Property is near a railroad
  • Agricultural
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 33-07-27-000-111.001-021

Property Details

Property Type

Land

Est. Annual Taxes

$1,438

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: PT W1/2 NW1/4 27-18-10 49.634A
  • Parcel Number ID: 33-07-27-000-111.001-021
  • Platted: Yes
  • Road Access: County
  • Road Surface: Paved
  • Zoning Description: Agriculture
  • Parcel Description: Level, Undeveloped, Tillable, 15+
  • Can Be Subdivided: Yes
  • Rail Siding: Yes
  • Side Of Road: West, East
  • Type Use: Agriculture
  • Special Features: None

Exterior Features

  • Road Frontage: State

Utilities

  • Water Utilities: Available
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: Available

Schools

  • Elementary School: Blue River Valley

Lot Info

  • Lot Dimensions: 49.6
  • Estimated Lot Sq Ft: 2162057
  • Estimated Lot Size Acres: 49.634
  • Easements: Yes
  • Numbertillable Acres: 49

Tax Info

  • Annual Taxes: 1438

MLS Schools

  • High School: Blue River Valley
  • Middle School: Blue River Valley
  • School District: Blue River Valley Schools

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2025 04/03/25 For Sale $1,100,000 -- --
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202511367

Indiana Regional MLS
Indiana Henry County New Castle 47362

0 N 3, New Castle, IN

For Sale

Lots

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Mike McKown
Listing Agent
Mike McKown
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F.C. Tucker/Crossroads Real Estate
(765) 725-6254