3806 S State Road 3
New Castle, IN 47362
- 3 beds
- 2 baths
- 2,688 sqft
- ~2 acre lot
- $174 per sqft
- 1936 build
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 28, 2025
•
MLS# 22029291 —
The Building
-
Year Built:1936
-
New Construction:false
-
Construction Materials:Aluminum Siding, Brick
-
Architectural Style:TraditonalAmerican
-
Levels:Two
-
Basement:true
-
Basement:Unfinished
-
Foundation Details:Brick, Crawl Space
-
Patio And Porch Features:Covered Porch
-
Exterior Features:Other
-
Accessibility Features:No
-
Green Certification:No
-
Upper SqFt:896
-
Building Area Total:3584
Interior
-
Rooms:9
-
Rooms Total:9
-
Rooms Total:9
-
Interior:Other
-
Interior Features:Hardwood Floors
-
Kitchen Features:Kitchen Updated
-
Other Equipment:Sump Pump
-
Eating Area:Breakfast Room
-
Laundry Features:Main Level
Room Dimensions
-
SqFt:2688
-
Main Level SqFt:1792
-
Living Area:2688
Location
-
Directions:GPS Friendly
-
Latitude:39.879787
-
Longitude:-85.384703
The Property
-
View:true
-
Property Type:Residential
-
Property Subtype:Single Family Residence
-
Property Attached:false
-
Parcel Number:331234300302000015
-
Acres:1-3 Acres
-
Lot Features:See Remarks
-
Lot Size Acres:2.09
-
Lot Size SqFt:90,910 Sqft
-
Price Per Acre:224833
-
Additional Parcels:false
-
Waterfront:false
-
Fencing:Chain Link
-
Horse Amenities:Barn, Boarding Facilities
-
Fence:Yes
Listing Agent
- Contact info:
- Agent phone:
- (317) 710-9294
- Office phone:
- (317) 886-8440
Taxes
-
Tax Year:2023
-
Tax Exemptions:Homestead Tax Exemption
-
Semi Annual Property Tax Amt:884
Beds
-
Beds:3
-
Bedrooms:3
-
Bedrooms Total:3
-
# of Bedrooms Upper:3
Baths
-
Baths:2
-
Full Baths:1
-
Full Baths:1
-
Half Baths:1
-
Half Baths:1
-
Half Baths Main:1
-
Full Baths Upper:1
Heating & Cooling
-
Heating:Forced Air, Gas
-
Cooling:Central Electric
Utilities
-
Water Source:Private Well
-
Solid Waste:No
Appliances
-
Appliances:Dishwasher, Double Oven, Gas Oven, Refrigerator, Water Heater, Water Softener Rented
Schools
-
Elementary School:James Whitcomb Riley Elem School
-
Middle Or Junior School:New Castle Middle School
-
High School:New Castle High School
-
High School District:New Castle Community School Corp
The Community
-
Subdivision Name:No Subdivision
-
Pool Features:In Ground
-
Pool Private:true
-
Association:false
Parking
-
Parking Features:Detached, Gravel
-
Garage:true
-
Garage Spaces:4
-
Garage SqFt:1350
Monthly cost estimate

Asking price
$469,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,516
|
Taxes | $147 |
Insurance | $129 |
Utilities | $216 See report |
Total | $3,008/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/26/25
Mar 26, 2025
|
Listed / Active | MIBOR | $469,900 | |
11/13/24
Nov 13, 2024
|
Price Changed | MIBOR | ||
8/16/24
Aug 16, 2024
|
Price Changed | MIBOR |