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$485,000 $10,000on 11/13/2024

3806 S State Road 3 New Castle, IN  47362

  • 3 Beds
  • 2 Baths
  • 3,092 sq. Ft

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Property Description for 3806 S State Road 3 New Castle, IN 47362

**Charming 3-Bedroom Farmhouse with Auto Shop, Barns, and Inground Pool on 2+ Acres** Welcome to this beautifully updated 2,196 sq. ft. farmhouse nestled on just over 2 acres, offering a perfect blend of rustic charm and modern amenities. This 3-bedroom, 1.5-bath home features a spacious family room adorned with large windows that provide a serene view of the partially fenced backyard and mature trees. The property boasts three versatile barns. The first barn operates as an active auto shop, complete with three bays, an above-ground lift, and a dedicated office space. The second barn is a spacious four-car garage, ideal for car enthusiasts or additional storage. The third barn caters to equestrian needs, featuring four horse stalls and a tack room, with a concrete middle section and dirt stalls. Enjoy the outdoors with a refreshing inground pool, perfect for summer gatherings. The property's commercial zoning for the auto shop and residential zoning for the home and remaining acreage offers unique flexibility for both business and leisure. Conveniently located near Interstate 70, this home is just 50 minutes from Indianapolis, 30 minutes from Richmond, and 30 minutes from Muncie. This is an exceptional opportunity to own a distinctive property that combines country living with commercial potential. Don't miss out on making this versatile farmhouse your new home!

Address:3806 S State Road 3 New Castle IN 47362
Status:Active
on site: 158 days
Price:$485,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:3,092
Year Built:1900
Lot Size:2.10
County: Henry
Township: Henry
MLS #:21985195
Property Type:Single Family Residence

Lot Dimensions:90910
Lot Features:See Remarks
Water Source:Private Well
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
Main Level Sq. Ft. :1,300
Upper Level Sq. Ft. :896
Total Sq. Ft. :3,092
Basement:Yes

Loan Price
$2,880
Price And Interest $2,530/month
Property Tax $148/month
MTG INS $0/month
HOME INS $202/month
Price
$485,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$148/month
Home Owner Insurance
$2,424 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/13/24 $495,000 $485,000 -2.02%
08/16/24 $525,000 $495,000 -5.71%

RoomSizeLevel
Living Room 17x14 Main
Dining Room 12x10 Main
Kitchen 20x12 Main
Laundry 14x7 Main
Primary Bedroom 28x10 Upper
Bedroom 2 13x10 Upper
Bedroom 3 13x11 Upper
Family Room 20x12 Main
Breakfast Room 13x13 Main

Semi-Annual Property Tax:$890
Tax Year:2023
Mandatory HOA Fee:$

Area: 3307 - Henry - Henry
Subdivision: No Subdivision
Zip Code:47362

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

Total Sq. Ft.:3,092
Interior Features:Hardwood Floors
Interior Area(s):Other
Eating Area(s):Breakfast Room
Appliances:Dishwasher, Double Oven, Gas Oven, Refrigerator, Water Heater, Water Softener Rented
Equipment:Sump Pump
Exterior Features:Other
Exterior Type:Aluminum Siding, Brick
Fireplace(s):Gas Log
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Double Oven, Gas Oven, Refrigerator, Water Heater, Water Softener Rented
Total Rooms:9
Nathan Bennett, REALTOR®/Broker, F. C. Tucker Company
Nathan Bennett
Phone (765) 524-6306
Additional Phone (765) 524-6306
F.C. Tucker Company

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Listing provided courtesy of Nathaniel Bennett with F.C. Tucker/Crossroads from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/13/2024 12:00 AM. 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.





New Castle Market Report

118
Avg. DOM
$111.09
Avg. $ / Sq.Ft.
$ 151,200
Med. List Price

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