For Sale630d on market
4200 S Memorial Dr
New Castle, IN, 47362 • 47362 • Henry County
$634,000
-$2,500 since Mar 27, 2026
2.5 acLot
Property DNA
No Subdivision
47362
Market activity
Demand and pricing signals for this listing
39 views
People checking out this listing
630 days on market
Established listing
About this home
Lot
City water and sewer connection available! Private well already onsite. Prime Location! Take advantage of this rare opportunity to purchase this 2.5 acre lot with endless potential! Approximately 400' of State Road 3 Road Frontage. Surrounded on all four sides by road frontage makes accessibility ideal. Electric and Gas available for connection.
Estimated monthly payment
Based on current rates
$4,135/month
Principal & Interest$3,290
Property Tax$634
Insurance$211
Down payment20% ($126,800)
3%50%
Est. 6.75% rate · 30yr fixed · $507,200 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerPrivate, Other, Municipal Water Near By
Parking & Outdoor
Lot2.51 Acres
Location & Tax
Neighborhood47362
Zoningcommercial
Annual tax$5,934
Parcel331227330302.000015
Features & details
1 category of property features
Exterior Features
Lot Features
Corner Lot
Corner
See Remarks
Listing insights
Market data and value estimates
StatusFor Sale
Days on market630
Tax rate0.75%
On marketJul 18, 2024
PostedJul 18, 2024
MLS statusActive
MLS updatedMar 27, 2026
Tour days6
Views39
How are the schools in New Castle?
3 schools rated nearby
Location
New Castle, IN, 47362
Price history
5 events
DateEventPrice$/sqftSource
Mar 27, 2026Price Change$634,000—MIBOR as distributed by MLS GRID
Mar 18, 2026Price Change$636,500—MIBOR as distributed by MLS GRID
Feb 27, 2026Price Change$639,000—MIBOR as distributed by MLS GRID
Feb 13, 2026Price Change$641,500—MIBOR as distributed by MLS GRID
Jul 16, 2025Listed For Sale$644,000—MIBOR as distributed by MLS GRID
Price Change$634,000
Mar 27, 2026•MIBOR as distributed by MLS GRID
Price Change$636,500
Mar 18, 2026•MIBOR as distributed by MLS GRID
Price Change$639,000
Feb 27, 2026•MIBOR as distributed by MLS GRID
Price Change$641,500
Feb 13, 2026•MIBOR as distributed by MLS GRID
Listed For Sale$644,000
Jul 16, 2025•MIBOR as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
New Castle, IN • Henry County
Nearby neighborhoods
MillvilleWestwood
Nearby cities
CadizCambridge CityKnightstownMiddletownMoorelandMount SummitNew CastleSpiceland
Nearby zip codes
47362
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-09 10:32:50 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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