0 N State Road 3

2,161,882 / 49.63
Lot Size / Acres

Description

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...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.
  1. Listed by Michael McKown • F.C. Tucker/Crossroads

Property Details for 0 North State Road 3

Subdivision Name
No Subdivision
Township
Prairie
Zoning
Agricultural
LISTING UPDATED: 01/28/2026 05:01 PM

Property Details for 0 North State Road 3

StatusActive
MLS #22030601
Days on Market304
Taxes$714 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Farm
Year Built-
Lot Size49.63 AC
CountyHenry County

Location

Listing Courtesy of F.C. Tucker/Crossroads
Add your commute

Building Information for 0 North State Road 3

Lot Size49.63 AC

Payment Calculator

$5,480 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,361

Property Taxes

$119

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 North State Road 3

Summary
Location and General Information
  • City: New Castle
  • County Or Parish: Henry
  • Directions: From SR 3/38, north on SR 3 about 5 miles, past railroad tracks. Property is on the east and west sides of SR 3. This property is located between New Castle and Mount Summit.
  • Postal Code: 47362
  • Road Access: County Rd
  • Road Frontage Type: State Road
  • State Or Province: IN
  • Topography: See Remarks
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 330727000111001021
  • Semi Annual Property Tax Amt: 714
  • Tax Year: 2024
  • TaxLot: 0
School Information
  • School District: Blue River Valley Schools
Property
Lot Information
  • Acreage: >20 Acres
  • Land Characteristics: Rural
  • Lot Description: Not In Subdivision, See Remarks
  • Lot Size Acres: 49.63
  • New Construction: False
  • Other Structures: Not Applicable
  • Soil Type: See Remarks
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: Not Applicable
  • Divisible: Yes
  • DPRYN: No
  • Legal Subdivision: PT W1/2 NW1/4 27-18-10 49.634A
  • Photos Count: 10
  • Present Zoning: Agricultur
  • Property Sub Type: Farm
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Type: Agric Land
  • Transaction Type: Sale
Utilities
  • Facilities Near: See Remarks
  • Facilities On: None
  • Sewer: See Remarks
  • Solid Waste: No
  • Water: See Remarks
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None

Property History for 0 North State Road 3

DateEvent & SourcePriceAppreciation
Apr 10, 2025

Temporarily Off Market

Indiana Regional MLS #202511121

—
Apr 3, 2025

Listed (Active)

Indiana Regional MLS #202511367

$1,100,000—
Apr 3, 2025

Listed (Active)

MIBORMLS #22030601

$1,100,000—
Apr 3, 2025

Listed (Active)

Indiana Regional MLS #202511121

$1,100,000—
Oct 7, 2021

Sold

MIBORMLS #21674737

$8,500—
Oct 7, 2021

Sold

Indiana Regional MLS #201944993

$8,500—
Sep 27, 2021

Pending

MIBORMLS #21674737

—
Sep 27, 2021

Pending

Indiana Regional MLS #201944993

—
May 26, 2021

Price Change

MIBORMLS #21674737

$12,500—
May 28, 2020

Price Change

MIBORMLS #21674737

$19,900—
Oct 10, 2019

Listed (Active)

Indiana Regional MLS #201944993

$12,500—
Oct 10, 2019

Listed (Active)

MIBORMLS #21674737

$39,900—
DateEvent & SourcePrice
04/10/2025

Temporarily Off Market

Indiana Regional MLS #202511121

—
04/03/2025

Listed (Active)

Indiana Regional MLS #202511367

$1,100,000
04/03/2025

Listed (Active)

MIBORMLS #22030601

$1,100,000
04/03/2025

Listed (Active)

Indiana Regional MLS #202511121

$1,100,000
10/07/2021

Sold

MIBORMLS #21674737

$8,500
10/07/2021

Sold

Indiana Regional MLS #201944993

$8,500
09/27/2021

Pending

MIBORMLS #21674737

—
09/27/2021

Pending

Indiana Regional MLS #201944993

—
05/26/2021

Price Change

MIBORMLS #21674737

$12,500
05/28/2020

Price Change

MIBORMLS #21674737

$19,900
10/10/2019

Listed (Active)

Indiana Regional MLS #201944993

$12,500
10/10/2019

Listed (Active)

MIBORMLS #21674737

$39,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 North State Road 3

This home is within Blue River Valley Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Blue River Valley Elementary School
PublicPK to 6

Blue River Valley Jr-Sr High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

0 North State Road 3 is a 49.63 ac of land for sale in New Castle, IN 47362. This property was listed for sale on April 3, 2025 by F.C. Tucker/Crossroads, it's currently listed at $1,100,000. It has been on the market for a total of 304 days and was last sold on October 7, 2021. This listing's school district is Blue River Valley Schools. Nearby schools include Blue River Valley Elementary School and Blue River Valley Jr-Sr High School. 0 North State Road 3 is a 0-bed, 0-bath, 49.63 ac of land on a 2,161,882 sq. ft. / 49.63 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of F.C. Tucker/Crossroads

Based on information submitted to the MLS GRID as of 01/28/2026 05:01 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.