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$525,000   Price Analysis
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3806 S State Road 3
New Castle, IN 47362
3 bed 2 bath 2,436 SqFt ($215/SqFt)
2.1 acre lot. Built 1900
Listed 2024-06-15, Taxes $1,711
USDA Eligible
near New Castle, IN
 Restrictions may apply
due to home size

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 over 2 acres, offering a perfect blend of rustic charm and modern amenities. This 3-bedroom, 1.5-bath home features a sizeable 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 storag.

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 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 f armhouse your new home!


Presented by Nathaniel Bennett at
F.C. Tucker/Crossroads Real Es.


Property MLS #10048771 from RichmondIN

Bedrooms: 3
Bedroom 1 Dimensions: 28 x 10
Bedroom 2 Dimensions: 13 x 10
Bedroom 3 Dimensions: 13 x 11
Bedroom 1 Level: u
Bedroom 2 Level: u
Bedroom 3 Level: u

Total Rooms: 9
Extra Room-1 Dimensions: 13 x 13
Family Room Dimensions: 2 x 12
Living Room Dimensions: 17 x 14
Mud Room Dimensions: 14 x 7
Extra Room-1 Level: m
Family Room Level: m
Living Room Level: m
Mud Room Level: m
Basement Description: Unfinished
Extra Room-1 Description: Breakfast Room

Total Bathrooms: 1 / 1
Full Bathrooms: 1
1/2 Bathrooms: 1

Dishwasher
Range-Gas
Refrigerator
Washer/Dryer Hookup

Cooling Features: Central Air
Fireplace Features: Gas Log
Heating Features: Gas, Forced Air
Water Heaters: Gas

Dining Room Dimensions: 12 x 10
Dining Room Level: m
Kitchen Dimensions: 20 x 12
Kitchen Level: m

Window Features: Some

Fencing: Chain
Patio And Porch Features: Covered, Porch

Driveway: gravel
Garage Spaces: 4
Garage Description: Garage-Detached
Garage Dimensions: 36 x 36

Lot Size Acres: 2.1
Lot Size Dimensions: 2.1
Lot Size Square Feet: 91476

In-Ground Pool

Annual Tax Amount: 1780.0
Source Listing Status: Active
County: Henry
Directions: From SR3/I-70, north for 3 miles. From New Castle, South on 3. The property is just past Gillmans
Source Property Type: RESIDENTIAL
Area: Henry County
Source Neighborhood: Henry County
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$117,200 + $27,300
$144,500
$1,711
2020$116,400 + $27,300
$143,700
$1,698
2019$114,300 + $25,300
$139,600
$1,625
2019$116,000 + $27,300
$143,300
$1,625
2018$114,900 + $25,300
$140,200
$1,396
2017$88,400 + $24,900
$113,300
$1,410
2016$88,000 + $25,800
$113,800
$977
2015$84,800 + $25,800
$110,600
$792
2013$80,000 + $25,400
$105,400
$977
2012$80,500 + $25,400
$105,900
$1,003
2011$84,700 + $25,400
$110,100
$969
2010$89,000 + $25,400
$114,400
$806
2008$89,800 + $25,400
$115,200
$739

Listed 2024-06-15
$525,000
RichmondIN
Listed 2024-06-15
$525,000
MIBOR
Listing removed 2024-02-24
$600,000
MIBOR
Listed 2023-08-23
$600,000
MIBOR

Total Square Feet Living: 2436
Year Built: 1900
Building Exterior Type: Aluminum, Brick
Construction Materials: Stick
Foundation Details: Basement, Crawl
Property Age: 124
Roof: Asphalt, Shingle
Levels or Stories: 2
House Style: Traditional, 2 Story

Sewer: Septic
Water Source: Well

Other Equipment: Rented

James Whitcomb Riley Elementary School is a public elementary school located approximately 1.7 miles away.
directions icon Map directions

Agape Learning Center is a private elementary school located approximately 2 miles away.
directions icon Map directions

New Castle High School is a public middle and high school located approximately 2.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.