For Sale37d on market
2480 E State Road 38
New Castle, IN, 47362 • 47362 • Henry County
$264,900
$188/sqft
-$5,000 since Mar 27, 2026
Down payment assistance available
3Beds
1Baths
1,412Sqft
2.8 acLot
1952Built
Property DNA
Ranch Style
Built 1952 · 74 years of history
None
47362
Outdoor Living
Covered
2 Fireplaces
Family Room · Wood Burning · Basement · Two
Barn
Barn
This home is getting attention
Listed 37 days ago · 836 views · 32 saves
Market activity
Demand and pricing signals for this listing
836 views
People checking out this listing
32 saves
Buyers have saved this home
37 days on market
Established listing
$188/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 24% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1952
Country property offering versatility and functionality just minutes from town. This 3-bedroom, 1-bath home is currently used as an animal rescue and provides ample space for animals, hobbies, or a home-based business. The home features two fireplaces, a greenhouse, covered patio and all kitchen appliances. One end of the home includes a separate retail or office space with its own entrance, ideal for business use or additional living space. The 2-story barn provides substantial storage or livestock space. Property improvements include: • New furnace, water heater, and water softener (2024) • New electrical panels in both house and barn (2023) • New metal on barn roof (2025) A unique opportunity for buyers seeking country living with convenient access to town amenities.
Standout features identified
Our analysis highlights two fireplaces, covered patio, and all kitchen appliances as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,659/month
Principal & Interest$1,306
Property Tax$265
Insurance$88
Down payment20% ($52,980)
3%50%
Est. 6.26% rate · 30yr fixed · $211,920 loan
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At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1952
HeatingNatural Gas
CoolingNone
ParkingRV Access/Parking
Lot2.83 Acres
Days on Zillow37 Days
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Year built1952
Stories1
Systems
HeatingNatural Gas
CoolingNone
ConstructionBlock
Water / SewerWell / Septic Tank
Parking & Outdoor
ParkingRV Access/Parking
BasementFull,Block
Fireplaces2
Lot2.83 Acres
Location & Tax
Neighborhood47362
ZoningGB
Annual tax$1,148
Parcel331213000143000015
Bathrooms & Fees
Full baths1
Features & details
11 categories of property features
Interior Features
Interior
Ceiling Fan(s)
Eat-in Kitchen
Stand Up Shower
Appliances
Range/Oven Hook Up Gas
Microwave
Refrigerator
Washer
Gas Range
Water Softener Owned
Heating
Natural Gas
Cooling
None
Fireplace
Family Room
Wood Burning
Basement
Two
Exterior Features
Parking
RV Access/Parking
Construction
Block
Patio & Porch
Covered
Lot Features
0-2.9999
Other Equipment
Sump Pump
Other Structures
Barn
Room details
5 rooms detailed
Bedroom1
MainBedroom2
MainDining Room
11×14 ft154 sqft
Kitchen
12×15 ft180 sqft
Living Room
30×14 ft420 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market37
Est. value$255,700
Est. rent$1,316/mo
Tax rate0.75%
Price/sqft$188
On marketMar 2, 2026
PostedMar 2, 2026
Last sold$67,000
MLS statusActive
MLS updatedMar 27, 2026
Tour days9
Views836
Favorites32
How are the schools in New Castle?
3 schools rated nearby
Location
New Castle, IN, 47362
Price history
13 events
DateEventPrice$/sqftSource
Mar 27, 2026Price Change$264,900—IRMLS
Mar 2, 2026Listed For Sale$269,900—IRMLS
Jun 8, 2022Listing Removed$179,999—IRMLS
May 16, 2022Price Change$179,999—IRMLS
May 5, 2022Price Change$185,000—IRMLS
Apr 25, 2022Price Change$199,999—IRMLS
Apr 16, 2022Listed For Sale$219,900—IRMLS
Sep 22, 2021Listing Removed——RLMS
Aug 8, 2021Pending Sale$129,900—IRMLS
Aug 6, 2021Price Change$129,900—IRMLS
Jul 29, 2021Listed For Sale$149,900—IRMLS
Oct 11, 2018Sold$67,000$47MIBOR as distributed by MLS GRID
Sep 25, 2018Listed For Sale$79,900$57Hiatt Realty
Price Change$264,900
Mar 27, 2026•IRMLS
Listed For Sale$269,900
Mar 2, 2026•IRMLS
Listing Removed$179,999
Jun 8, 2022•IRMLS
Price Change$179,999
May 16, 2022•IRMLS
Price Change$185,000
May 5, 2022•IRMLS
Price Change$199,999
Apr 25, 2022•IRMLS
Listed For Sale$219,900
Apr 16, 2022•IRMLS
Listing Removed—
Sep 22, 2021•RLMS
Pending Sale$129,900
Aug 8, 2021•IRMLS
Price Change$129,900
Aug 6, 2021•IRMLS
Listed For Sale$149,900
Jul 29, 2021•IRMLS
Sold$67,000
Oct 11, 2018•$47/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$79,900
Sep 25, 2018•$57/sqft•Hiatt Realty
Tax history
15 years of records
YearTax paidAssessed value
Apr 9, 2024$2,607$156,000
Apr 9, 2023$1,256$142,600
Apr 9, 2022$1,419$143,700
Apr 9, 2021$1,562$130,400
Apr 9, 2020$1,480$138,400
Apr 9, 2019$1,004$135,200
Apr 9, 2017$1,926$131,100
Apr 9, 2016$727$133,200
Apr 9, 2014$708$129,500
Apr 9, 2013$702$123,000
Apr 9, 2011$830$130,300
Apr 9, 2010$871$130,900
Apr 9, 2009$940$130,900
Apr 9, 2007$1,030$134,100
Apr 9, 2006—$129,200
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
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