NOT LISTED FOR SALE

2159 E State Road 38 New Castle, IN 47362

Estimated Value: $221,000 - $260,000

2 Beds
1 Bath
940 Sq Ft
$252/Sq Ft Est. Value

Sale Details

Date Sold: October 17, 2025

Last sale price $240,000 $255 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,306 / mo

81 Days on Market

Highlights

  • 4.95 Acre Lot
  • Pole Barn
  • No HOA
  • Traditional Architecture
  • L-Shaped Dining Room
  • 1 Car Detached Garage

About This Home

As of October 2025

The possibilities are endless at this 4.9 acre homesite. Start your own business, or have a few animals, or just live here. 2 bedroom, 1 bath ranch. All new floating laminate flooring throughout. Laundry on the main level. Detached garage (41x27) plus lean to (23x27) with work shop and office space (9x12 14x8 & 10x12), washer dryer hook up, half bath, heat & air. New plumbing in house, new windows and doors. Well pump is oversized with excellent pressure.

Last Agent to Sell the Property

Debbie Brammer

F.C. Tucker/Crossroads License #RB14011702 Listed on: 07/01/2025

F.C. Tucker/Crossroads

Last Buyer's Agent

David Charles

RE/MAX Centerstone

RE/MAX Centerstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $266

Year Built

  • Built in 1936

Lot Details

  • 4.95

Parking

  • 1 Car Detached Garage
  • Workshop in Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property
  • Paddle Fans
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Storage
  • Laminate Flooring
  • Partial Basement
  • Electric Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Eastwood Elementary School
  • New Castle Middle School
  • New Castle High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Water Heater
  • Water Softener is Owned

Additional Features

  • Pole Barn
  • 4.95 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 331213000110000015
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$266

Year Built

Built in 1936

Lot Details

4.95 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1936
  • Building Area Total: 1175
  • Garage Y N: Yes
  • Lot Size Acres: 4.95
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Dryer, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Paddle Fan, Supplemental Storage
  • Living Area: 940
  • Eating Area: Dining-L
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 940
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Barn Pole, Other
  • Fencing: Partial
  • Foundation Details: Partial, See Remarks

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, Asphalt, Concrete, Workshop in Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level
  • Water Source: Private
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: New Castle Middle School

Lot Info

  • Lot Features: Not In Subdivision, See Remarks
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 215753
  • Parcel Number: 331213000110000015
  • Acres: 3-5 Acres

Tax Info

  • Tax Annual Amount: 266
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 133
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Eastwood Elementary School
  • High School: New Castle High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2016
Sold by
Rains Robert E and Rains Christina A
Bought by
Rains Robert E
Current Estimated Value
$237,233

Purchase Details

Closed on
Apr 24, 2009
Sold by
Grigsby Stonerock Rebecca Lynn and Grigsby Brent Allen
Bought by
Rains Robert E and Rains Christina A

Purchase Details

Closed on
Apr 24, 2008
Sold by
Stoncrock Rebecca Lynn Grigsby and Richard Dean Grigsby Testament
Bought by
Rains Robert E and Rains Christina A

Purchase Details

Closed on
Jul 9, 2007
Sold by
Grigsby Stonerock Rebecca Lynn and Grigsby Brent Allen
Bought by
Rains Robert E and Rains Christina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,950
Interest Rate
11%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 29, 2006
Sold by
Stonerock Rebecca L and Estate Of Richard D Grigsby
Bought by
Grigsby Stonerock Rebecca Lynn and Grigsby Brent Allen
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Rains Robert E -- None Available
Rains Robert E -- None Available
Rains Robert E -- None Available
Rains Robert E -- None Available
Rains Robert E -- None Available
Grigsby Stonerock Rebecca Lynn -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Rains Robert E $73,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 Sold $240,000 -4.0% $255 / Sq Ft
09/20/2025 09/20/25 Pending -- -- --
09/03/2025 09/03/25 Price Changed $249,900 -3.8% $266 / Sq Ft
07/01/2025 07/01/25 For Sale $259,900 -- $276 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $266 $108,400 $19,300 $89,100
2024 $266 $105,700 $21,000 $84,700
2023 $17 $80,600 $20,500 $60,100
2022 $32 $78,000 $19,300 $58,700
2021 $543 $70,500 $17,400 $53,100
2020 $543 $66,800 $15,400 $51,400
2019 $771 $49,000 $15,400 $33,600
2018 $1,354 $63,600 $24,400 $39,200
2017 $1,351 $63,300 $24,400 $38,900
2016 $380 $73,900 $18,500 $55,400
2014 $181 $72,400 $19,400 $53,000
2013 $181 $68,600 $19,000 $49,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22048142

MIBOR Broker Listing Cooperative®

APN: 33-12-13-000-110.000-015

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