3806 S State Road 3 New Castle, IN $ 485,000
3806 S State Road 3
$ 485,000
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3806 S State Road 3

New Castle, IN, 47362
$ 485,000
Bedrooms-- Baths-- Sq 1,350

Monthly Estimate*

$ 2,905

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Commercial Property for sale in New Castle, IN

for $485,000. This 1,350 square foot building was built on a lot size of 2.1.

**Prime Commercial Property with Shop and Renovated Farmhouse on 2+ Acres** Opportunity awaits at this prime commercial 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 shop with three bays, an above-ground 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 four stalls, a tack room, and an inground pool, all set on just over 2 acres. Please see listing #21985195 for more details. 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 business opportunities and a charming home.

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Commercial Active

Price

$ 485,000

Property Type

Commercial

Taxes

$ 1,780

Style

Mixed Use

Lot Size

2.1

Town/City

New Castle

County/Region

Henry

MLS | Web ID

21985219

Features
General
Heating Wood Stove
Utilities See Remarks
Possession Other
Roof Metal
Zoning R2
Stories 1
Township Henry
Building Design Mixed Use
Tax Year 2023
Current Use See Remarks
County Henry
New Construction N
Property Type Commercial Sale
Status Active
Directions From SR3/I-70 north on 3 for 3 miles. From New Castle South on 3. The property is just past Gillman's on the east side of the road
High School New Castle High School
City New Castle
High School District New Castle Community School Corp
MLS Area 3307 - Henry - Henry
Lot Size Square Feet 90910
Elementary School James Whitcomb Riley Elem School
Property Attached Y/N Y
Middle/Junior High School New Castle Middle School
Standard Status Active
Tax Lot 0
Legal Description PT NW1/4 SW1/4 34-17-10 2.087A
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Exterior
Fencing Chain Link Partial
Parking Features Gravel
Building Area Total 1350
Lot Size Acres 2.1
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* Excluded Features
List By
F.C. Tucker/Crossroads

Broker

nathan.bennett@talktotucker.com

Email

Affordability Calculator

$3,053
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,905
Monthly Property Taxes
$148
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4115180 Elementary School
4046396 Middle School
New Castle High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2024$485,000 -2.02% Price Down
8/16/2024$495,000 -5.71% Price Down
6/15/2024$525,000 Listed Price

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3806 S State Road 3, New Castle, IN, 47362 is a Commercial Property for sale at $485,000 with 1,350 sqft and a lot size of 2.1. The property's zip code is 47362 which is in New Castle, IN