$466,900
$3K PRICE DROP

3806 S State Road 3 New Castle, IN 47362

New Castle Neighborhood

Estimated payment $2,733/month

Total Views 23,352
3 Beds
1.5 Baths
2,688 Sq Ft
$174 Price per Sq Ft

Highlights

  • 2.09 Acre Lot
  • No HOA
  • Double Oven
  • Wood Flooring
  • Breakfast Room
  • 4 Car Detached Garage

About This Home

Updated Farmhouse on 2+ Acres!!! Opportunity awaits at this prime Mixed Use property located on State Road 3, just 2.5 miles south of I-70 and 50 minutes from Indianapolis. This versatile property features a well-equipped auto shop with three bays, a car lift, and excellent road frontage, perfect for attracting business. Included is a beautifully renovated 2,196 sq. ft. farmhouse offering a blend of modern comforts and rustic charm. The home boasts an attached four-car garage, providing ample storage and convenience. Additionally, the property includes a horse barn with 5 stalls, a tack room, and an inground pool, all set on 2.09 acres. This unique property combines residential comfort with commercial potential, making it an ideal investment for those seeking a multi-use space in a strategic location. Don't miss this chance to own a property that offers both a renovated farm house and a business opportunity.

Listing Agent

Vince Ferguson

Mark Dietel Realty, LLC License #RB14047989 Listed on: 03/26/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,768

Year Built

  • Built in 1936

Lot Details

  • 2.09 Acre Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Breakfast Room
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Double Oven
  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Sump Pump
  • Crawl Space

Schools

  • James Whitcomb Riley Elementary School
  • New Castle Middle School
  • New Castle High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 331234300302000015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,768

Year Built

Built in 1936

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1936
  • Building Area Total: 3584
  • Garage Y N: Yes
  • Lot Size Acres: 2.09
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Double Oven, Gas Oven, Refrigerator, Water Heater, Water Softener Rented
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • Living Area: 2688
  • Other Equipment: Sump Pump
  • Areas Interior: Other
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1792
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 896
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Other
  • Fencing: Chain Link
  • Foundation Details: Brick/Mortar, Crawl Space
  • List Price: 466900
  • Patio And Porch Features: Covered
  • Pool Features: In Ground
  • Pool Private Y N: Yes
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Detached, Gravel
  • Garage Sq Ft: 1350

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: See Remarks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: Barn, Boarding Facilities
  • Lot Size Sq Ft: 90910
  • Parcel Number: 331234300302000015
  • Acres: 1-3 Acres
  • Price Acre: 223397

Tax Info

  • Tax Annual Amount: 1768
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 884
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: James Whitcomb Riley Elem School
  • High School: New Castle High School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2024 $1,622 $178,800 $32,200 $146,600
2023 $1,768 $165,600 $32,200 $133,400
2022 $1,924 $160,500 $30,600 $129,900
2021 $1,712 $144,500 $27,300 $117,200
2020 $1,699 $143,700 $27,300 $116,400
2019 $1,625 $143,300 $27,300 $116,000
2018 $1,397 $139,600 $25,300 $114,300
2017 $1,410 $140,200 $25,300 $114,900
2016 $978 $113,300 $24,900 $88,400
2014 $723 $110,600 $25,800 $84,800
2013 $723 $105,400 $25,400 $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 Price Changed $466,900 0.0% $174 / Sq Ft
07/18/2025 07/18/25 Price Changed $467,000 0.0% $174 / Sq Ft
07/17/2025 07/17/25 Price Changed $467,100 0.0% $174 / Sq Ft
07/16/2025 07/16/25 Price Changed $467,200 0.0% $174 / Sq Ft
07/15/2025 07/15/25 Price Changed $467,300 0.0% $174 / Sq Ft
07/14/2025 07/14/25 Price Changed $467,400 0.0% $174 / Sq Ft
07/13/2025 07/13/25 Price Changed $467,500 0.0% $174 / Sq Ft
07/12/2025 07/12/25 Price Changed $467,600 0.0% $174 / Sq Ft
07/11/2025 07/11/25 Price Changed $467,700 0.0% $174 / Sq Ft
07/10/2025 07/10/25 Price Changed $467,800 0.0% $174 / Sq Ft
07/09/2025 07/09/25 Price Changed $467,900 0.0% $174 / Sq Ft
07/08/2025 07/08/25 Price Changed $468,000 0.0% $174 / Sq Ft
07/07/2025 07/07/25 Price Changed $468,100 0.0% $174 / Sq Ft
07/06/2025 07/06/25 Price Changed $468,200 0.0% $174 / Sq Ft
07/05/2025 07/05/25 Price Changed $468,300 0.0% $174 / Sq Ft
07/04/2025 07/04/25 Price Changed $468,400 0.0% $174 / Sq Ft
07/03/2025 07/03/25 Price Changed $468,500 0.0% $174 / Sq Ft
07/02/2025 07/02/25 Price Changed $468,600 0.0% $174 / Sq Ft
07/01/2025 07/01/25 Price Changed $468,700 0.0% $174 / Sq Ft
06/30/2025 06/30/25 Price Changed $468,800 0.0% $174 / Sq Ft
06/29/2025 06/29/25 Price Changed $468,900 0.0% $174 / Sq Ft
06/28/2025 06/28/25 Price Changed $469,000 0.0% $174 / Sq Ft
06/27/2025 06/27/25 Price Changed $469,100 0.0% $175 / Sq Ft
06/26/2025 06/26/25 Price Changed $469,200 0.0% $175 / Sq Ft
06/25/2025 06/25/25 Price Changed $469,300 0.0% $175 / Sq Ft
06/24/2025 06/24/25 Price Changed $469,400 0.0% $175 / Sq Ft
06/23/2025 06/23/25 Price Changed $469,500 0.0% $175 / Sq Ft
06/22/2025 06/22/25 Price Changed $469,600 0.0% $175 / Sq Ft
06/20/2025 06/20/25 Price Changed $469,800 0.0% $175 / Sq Ft
03/26/2025 03/26/25 For Sale $469,900 -- $175 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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See All Homes in New Castle

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22029291

MIBOR Broker Listing Cooperative®

APN: 33-12-34-300-302.000-015

Indiana Henry County New Castle 47362 New Castle

3806 S State Road 3, New Castle, IN

This home is located at 3806 S State Road 3, New Castle, IN 47362 and is currently priced at $466,900, approximately $173 per square foot. This property was built in 1936. 3806 S State Road 3 is a home located in Henry County with nearby schools including Agape Learning Center.

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

Nearby Homes
Listing Agent
Vince Ferguson
Section Image
Mark Dietel Realty, LLC