
Sheldon Barnes
For Sale — 4905 W State Road 38, New Castle, IN 473624905 W State Road 38
New Castle, Indiana 47362
No Subdivision
3
Beds
2
Baths
2,167
Sq Ft
2025
Year Built
17.26
Acres
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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 4905 W State Road 38, ask any question about this home, or talk through what you should know about buying in New Castle.
ABOUT THIS HOME
Introducing The Bedford, the latest proposed build from Joyner Homes. Beautifully crafted to blend thoughtful design with everyday comfort. A home built for real life, with character in every detail. From the welcoming front porch to the open-concept great room, every inch of this home beautifully blends character and functionality. The kitchen serves as the heart of the home, featuring a large island, soft-close cabinetry, quartz counters, and a walk-in pantry perfect for busy days and lively gatherings. The primary suite offers a private retreat with a spa-inspired bath and spacious walk-in closet. Home office, two additional bedrooms, and an open layout make it easy to live, work, and relax just the way you want. Step outside to a covered veranda overlooking a spacious lawn, ideal for morning coffee or evenings with friends. Proposed build site is 17.26 acres of prime A-1 zoned land just 4 miles west of New Castle on SR 38. This property offers level spaces, gentle rolling hills, and mature wooded acreage. Surrounded by picturesque farm ground, this land provides both open views and natural privacy. Home is not yet built. Cost of proposed build is $567,427. Cost of land is $395,000. Total actual cost may vary based upon buyer's finishes and design. Total actual cost may vary based upon buyer's finishes and design choices. Joyner Homes could also build any other model on this land. Model Home pictured is available for in-person tour in Greenfield. No site improvements are currently completed.
Key things to know
- New construction on 17.26 acres
- Open-concept great room with vaulted ceilings
- Primary suite with spa-inspired bath and walk-in closet
- Kitchen island with quartz counters and walk-in pantry
- Home office and covered veranda
Monthly payment
Estimate · $957,057
$5,094/mo
≈ $5,094 principal & interest
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $191,411 on a loan of $765,646.
Price history
- Price reduced$962,427 → $957,057
Apr 1, 2026
- Listedat $959,337
Oct 30, 2025
Recent comparable sales

$348,700
1745 W County Road 200 North
3bd · 2ba · 1,808 sqft
Sold Apr 2026

$239,000
3653 W County Road 200 N
2bd · 2ba · 1,817 sqft
Sold Apr 2026

$265,000
2136 N West Raintree Drive
4bd · 2ba · 2,198 sqft
Sold May 2026

$270,000
905 White Drive
3bd · 3ba · 2,190 sqft
Sold May 2026

$230,000
729 I Avenue
3bd · 2ba · 1,568 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 261% 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$959,337Listed· Oct 30, 2025
$957,057Reduced
↓ $2,280 (0.2% off original)
169 days on market
Layout
Schools
Shenandoah School Corporation
Elementary
Shenandoah Elementary School
Middle
Shenandoah Middle School
High
Shenandoah High School
Neighborhood
- Hamilton Town Center31.0 mi
- Hamilton Southeastern HS31.7 mi
- Conner Prairie33.2 mi
- Fishers High School33.3 mi
- IU Health North Hospital36.6 mi
- Monon Trail (Carmel)39.1 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,167 sq ft
Year Built
2025
Stories
One
Subdivision
No Subdivision
Bedrooms
3
Bathrooms
2 full
Garage
4 spaces
School District
Shenandoah School Corporation
