Sheldon Barnes
For Sale — 2912 Outer Drive, New Castle, IN 473622912 Outer Drive
New Castle, Indiana 47362
Metes & Bounds
$139,900
Schedule a Showing3
Beds
1
Baths
1,119
Sq Ft
1961
Year Built
5.99
Acres
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Sheldon Barnes can help you tour 2912 Outer Drive
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving New Castle, Indiana and the rest of Hamilton County. Book a private tour of 2912 Outer Drive in Metes & Bounds, ask any question about this home, or talk through what you should know about buying in New Castle.
ABOUT THIS HOME
Great opportunity on nearly 6 acres located on the edge of town! Much of the property is wooded, offering privacy, space, and plenty of potential. The stone ranch features 3 bedrooms, a large living room, dining area, kitchen, 2-car attached garage, and a full basement. The main level offers 1,119 sq ft, with an additional 1,119 sq ft in the basement. The property does need renovation and updating, and the basement is currently flooded. There are also several outbuildings located in the wooded area that will need attention and/or removal. The west end of the large barn appears newer, has a concrete slab, and may be salvageable. Outer Drive becomes 200 South as you travel farther from town. With nearly 6 acres, a solid location, and plenty of upside, this is a great opportunity for someone with vision. Priced accordingly for the condition, acreage, and potential.
Key things to know
- 5.99 acres mostly wooded
- Stone ranch construction
- Full basement with additional square footage
- 2-car attached garage
- Barn with concrete slab foundation
Monthly payment
Estimate · $139,900
$819/mo
≈ $745 principal & interest · $74 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $27,980 on a loan of $111,920.
Price history
- Listedat $139,900
Apr 24, 2026
Recent comparable sales
$47,500
1603 C Avenue
2bd · 1ba · 1,204 sqft
Sold May 2026
$140,000
1324 S 21st Street
3bd · 1ba · 1,092 sqft
Sold May 2026
$165,000
404 N 20th Street
3bd · 2ba · 1,125 sqft
Sold Apr 2026
$120,910
1137 S Main Street
2bd · 1ba · 1,158 sqft
Sold Apr 2026
$225,000
501 S Hardacre Court
3bd · 2ba · 1,424 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is right at the median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$139,900Listed· Apr 24, 2026
1 days on market
Layout
Schools
New Castle Community School Corp
Middle
New Castle Middle School
Neighborhood
- Hamilton Town Center33.0 mi
- Hamilton Southeastern HS33.7 mi
- Conner Prairie35.1 mi
- Fishers High School35.2 mi
- IU Health North Hospital38.4 mi
- Monon Trail (Carmel)40.9 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,119 sq ft
Year Built
1961
Stories
One
Subdivision
Metes & Bounds
Bedrooms
3
Bathrooms
1 full
Garage
2 spaces
School District
New Castle Community School Corp