3806 Highway 3

New Castle, IN 47362

$469,900
Price
3
Beds
3,584 Sq. Ft.
$131 / Sq. Ft.
3,584
Sq. Ft.
$131
per Sq. Ft.

Description

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...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.

Property Details for 3806 Highway 3

Architectural Style
TraditonalAmerican
Subdivision Name
No Subdivision
Township
Henry
Waterfront
No
LISTING UPDATED: 03/28/2025 07:05 PM

Property Details for 3806 Highway 3

StatusActive
MLS #22029291
Days on Market34
Taxes$884 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1936
Lot Size2.09 AC / 91,040 SF
CountyHenry County

Building Information for 3806 Highway 3

Stories-Year Built1936Building Size-Lot Size2.09 AC / 91,040 SF

Property Information for 3806 Highway 3

Summary
Location and General Information
  • City: New Castle
  • County Or Parish: Henry
  • Directions: GPS Friendly
  • Postal Code: 47362
  • Postal Code Plus4: 9681
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 331234300302000015
  • Semi Annual Property Tax Amt: 884
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2023
  • TaxLot: 0
School Information
  • Elementary School: James Whitcomb Riley Elem School
  • High School: New Castle High School
  • Middle Or Junior School: New Castle Middle School
  • School District: New Castle Community School Corp
Parking
  • Garage YN: Yes
  • Garage Spaces: 4.0
  • Garage SqFt: 1350
Property
Lot Information
  • Acreage: 1-3 Acres
  • Lot Description: See Remarks
  • Lot Size Square Feet: 90910.0
  • Lot Size Acres: 2.09
  • Main Level SqFt: 1792
  • New Construction: False
  • Living SqFt: 896.0
  • Sqft Total: 2688.0
  • Sq Ft Total: 3584.0
  • Year Built Numeric: 1936
  • Below Grade Finished Area: 0.0
  • Living Area Source: Broker
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Pt Nw1/4 Sw1/4 34-17-10 2.087A
  • Photos Count: 57
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
  • Water Source: Private Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Brick
  • Exterior Features: Other
  • Foundation Details: Brick, Crawl Space
  • Pool Private: Yes
  • Horse Amenities: Barn, Boarding Facilities
  • Pool Features: In Ground
  • Fencing: Chain Link
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Double Oven, Gas Oven, Refrigerator, Water Heater, Water Softener Rented
  • Areas Interior: Other
  • Basement Description: Unfinished
  • Basement YN: Yes
  • Cooling: Central Electric
  • Eating Area: Breakfast Room
  • Fireplaces Total: 0
  • Heating: Forced Air, Gas
  • Interior Features: Hardwood Floors
  • Levels: Two
  • Kitchen Features: Kitchen Updated
  • Additional Equipment: Sump Pump
  • Room List: Living Room, Dining Room, Kitchen, Laundry, Primary Bedroom, Bedroom 2, Bedroom 3, Family Room, Breakfast Room
  • Room and Features: Living Room-Main-Hardwood, Dining Room-Main-Hardwood, Kitchen-Main-Laminate, Laundry-Main-Laminate, Primary Bedroom-Upper-Hardwood, Bedroom 2-Upper-Hardwood, Bedroom 3-Upper-Hardwood, Family Room-Main-Vinyl, Breakfast Room-Main-Laminate
  • Main Level Bedrooms: 0
  • Laundry Features: Main Level
  • Num Bedrooms Upper: 3
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 9
  • Rooms Total MU: 9
  • Total Rooms: 9
Room 1
  • Room Level: Main
  • Room Dimensions: 17x14
  • Room Features: Hardwood
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 12x10
  • Room Features: Hardwood
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 20x12
  • Room Features: Laminate
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 14x7
  • Room Features: Laminate
  • Room Type: Laundry
Room 5
  • Room Level: Upper
  • Room Dimensions: 28x10
  • Room Features: Hardwood
  • Room Type: Primary Bedroom
Room 6
  • Room Level: Upper
  • Room Dimensions: 13x10
  • Room Features: Hardwood
  • Room Type: Bedroom 2
Room 7
  • Room Level: Upper
  • Room Dimensions: 13x11
  • Room Features: Hardwood
  • Room Type: Bedroom 3
Room 8
  • Room Level: Main
  • Room Dimensions: 20x12
  • Room Features: Vinyl
  • Room Type: Family Room
Room 9
  • Room Level: Main
  • Room Dimensions: 13x13
  • Room Features: Laminate
  • Room Type: Breakfast Room
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 0
  • Full Baths MU: 1
  • Full Baths Upper: 1
  • Half Baths Basement: 0
  • Half Baths Main: 1
  • Half Baths MU: 1
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 3806 Highway 3

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3806 Highway 3

Taxable ValueLand$32,200Additions$146,600Total$178,800
Tax Record2024$1,622 ($135 / month)
Home Facts
Beds4Baths1Total Finished SqFt1,792 SqFtAbove Grade Finished SqFt1,792 SqFtStories2Lot Size90,910 SqFtStyleSingle Family ResidenceYear Built1950CountyHENRYAPN33-12-34-300-302.000-015

Schools near 3806 Highway 3

This home is within New Castle Community Sch Corp.
Rating
School
Type
Grades
Distance
James Whitcomb Riley Elementary School
Public - PK to 6
New Castle Middle School
Public - 6 to 8
New Castle High School
Public - 9 to 12
Sunnyside Elementary School
Public - K to 4
Rating
School
Distance
James Whitcomb Riley Elementary School
PublicPK to 6

New Castle Middle School
Public6 to 8

New Castle High School
Public9 to 12

Sunnyside Elementary School
PublicK to 4

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.

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More information about 3806 Highway 3, New Castle, IN 47362

3806 Highway 3 is a single family home for sale in New Castle, IN 47362. This property was listed for sale on March 26, 2025 by Mark Dietel Realty, LLC, it's currently listed at $469,900. It has been on the market for a total of 34 days and was last sold on July 15, 2003. This listing's school district is New Castle Community Sch Corp. Nearby schools include James Whitcomb Riley Elementary School, New Castle Middle School and New Castle High School. 3806 Highway 3 is a 3-bed, 1.5-bath, 3,584 sqft single family home built in 1936.

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 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 Mark Dietel Realty, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/28/2025 07:48 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.