# N State Road 3, New Castle, IN 47362 > **TL;DR:** land, $899,900. Est. $4,812/mo. Listed 171 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $899,900 | | Lot Size | 1,931,886 sqft (44.35 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 171 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,550 | | Estimated Insurance | $262 | | **Total** | **$4,812** | ## Nearby Schools - **Elementary:** Blue River Valley - **Middle:** Blue River Valley - **High:** Blue River Valley ## Property Highlights - 44.35 acre lot ## Description ### Agent Description This 44+/- 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. ## Location - **Address:** N State Road 3, New Castle, IN 47362 - **County:** Henry County - **Coordinates:** 39.97977138, -85.38056686 - **Google Maps:** https://www.google.com/maps?q=39.97977138,-85.38056686 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/irmls/202617664 ## Listing Agent - **Name:** Mike McKown - **Brokerage:** Crossroads Real Estate Management LLC - **Broker Phone:** (765) 521-9464 ## Photos ![N State Road 3 - Photo 1](http://lh.rdcpix.com/377cf3883a948d606f305dff6dc233edl-f634597308r.jpg) ![N State Road 3 - Photo 2](http://lh.rdcpix.com/377cf3883a948d606f305dff6dc233edl-f2506264648r.jpg) ![N State Road 3 - Photo 3](http://lh.rdcpix.com/377cf3883a948d606f305dff6dc233edl-f1930249713r.jpg) ![N State Road 3 - Photo 4](http://lh.rdcpix.com/377cf3883a948d606f305dff6dc233edl-f2666203345r.jpg) ![N State Road 3 - Photo 5](http://lh.rdcpix.com/377cf3883a948d606f305dff6dc233edl-f2935979011r.jpg) ![N State Road 3 - Photo 6](http://lh.rdcpix.com/377cf3883a948d606f305dff6dc233edl-f87799606r.jpg) ![N State Road 3 - Photo 7](http://lh.rdcpix.com/377cf3883a948d606f305dff6dc233edl-f4134106079r.jpg) ![N State Road 3 - Photo 8](http://lh.rdcpix.com/377cf3883a948d606f305dff6dc233edl-f1990153318r.jpg) --- **MLS#:** 202617664 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/n-state-road-3-new-castle-in-47362-047433d8e36f4e53839fc514d5a63c52) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/n-state-road-3-new-castle-in-47362-047433d8e36f4e53839fc514d5a63c52#listing", "url": "https://www.propertysimple.ai/listing/n-state-road-3-new-castle-in-47362-047433d8e36f4e53839fc514d5a63c52", "name": "N State Road 3, New Castle, IN 47362", "description": "This 44+/- 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. 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