Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Martin, Miller, Lamb Real Estate

Property view
Listing view 2
Listing view 3

2912 Outer Drive, 
New Castle, IN 47362

$139,900


3

Beds


1

Bath


1,119

Sq Ft


Single Family

Pending

Listed by

Ben Crouch

, 

Rita Fish

F.C. Tucker Company

317-462-8200

Last updated:

September 28, 2026, 07:49 AM

MLS#

22097760

Source:

IN MIBOR | Licensed in Indiana

About This Home

2912 Outer Drive

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. This is the site of the former New Castle Sawmill. Property had 3 phase power and is zoned I2 (industrial zoning).

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1961

Subdivision & Development:

Metes & Bounds

Price Summary

139,900

$125 per Sq. Ft.

MLS #:

22097760

Last Updated:

September 28, 2026, 07:49 AM

Added:

5 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,119 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

2,238 Sq. Ft.

Year Built:

1961


Lot

Lot Size (Sq. Ft):

260,924


Finances & Disclosures

Finances

Price:

$139,900

Price per Sq. Ft:

$125 per Sq. Ft.

Source:IN MIBOR | Licensed in Indiana
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.