Sheldon Barnes
For Sale — 3806 S State Road 3, New Castle, IN 473623806 S State Road 3
New Castle, Indiana 47362
No Subdivision
$429,000
Schedule a Showing3
Beds
2
Baths
2,688
Sq Ft
1936
Year Built
2.09
Acres
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ABOUT THIS HOME
Welcome to this beautifully updated 2,196 sq. ft. farmhouse situated on just over 2 acres, offering the perfect blend of country living with added versatility. This 3-bedroom, 1.5-bath home features a spacious family room filled with natural light, overlooking a partially fenced backyard with mature trees ideal for enjoying peaceful outdoor living. Step outside to your own private retreat with an inground pool, perfect for relaxing or entertaining. What truly sets this property apart is the additional outbuilding currently being used as a fully functional auto repair shop, complete with three bays, an above-ground lift, and office spaceproviding an excellent opportunity for a home-based business or hobbyist. In addition, the property includes a four-car detached garage for extra storage or vehicles, as well as a barn equipped with four horse stalls and a tack room, offering flexibility for a variety of uses. Positioned on approximately 2.09 acres and conveniently located near Interstate 70, this property offers the space, privacy, and functionality of a residential home with the added benefit of an on-site workspace. Just 50 minutes from Indianapolis, 30 minutes from Richmond, and 30 minutes from Muncie, this is a unique opportunity to enjoy country living with practical amenities.
Key things to know
- Inground pool with fenced yard
- 3-bay auto repair shop with lift
- Horse barn with 4 stalls and tack room
- 4-car detached garage
- Hardwood floors, mature trees
Monthly payment
Estimate · $429,000
$2,431/mo
≈ $2,283 principal & interest · $147 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $85,800 on a loan of $343,200.
Price history
- Listedat $429,000
Apr 3, 2026
Recent comparable sales
$265,000
2136 N West Raintree Drive
4bd · 2ba · 2,198 sqft
Sold May 2026
$575,000
1160 Landmark Drive
3bd · 2ba · 3,364 sqft
Sold May 2026
$270,000
905 White Drive
3bd · 3ba · 2,190 sqft
Sold May 2026
$285,000
3627 Red River Road
4bd · 2ba · 1,974 sqft
Sold Apr 2026
$310,000
2504 NW Raintree Drive
3bd · 3ba · 2,140 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 51% above 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
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$429,000Listed· Apr 3, 2026
2 days on market
Layout
Schools
New Castle Community School Corp
Elementary
James Whitcomb Riley Elem School
Middle
New Castle Middle School
High
New Castle High School
Neighborhood
- Hamilton Town Center31.5 mi
- Hamilton Southeastern HS32.2 mi
- Conner Prairie33.5 mi
- Fishers High School33.6 mi
- IU Health North Hospital36.8 mi
- Monon Trail (Carmel)39.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,688 sq ft
Year Built
1936
Stories
Two
Subdivision
No Subdivision
Bedrooms
3
Bathrooms
1 full, 1 half
Garage
4 spaces
School District
New Castle Community School Corp