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590 Eminence Rd, New Castle, KY 40050

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For Sale

$1,950,000

26 acres

Estimated Payment

$ 10,129 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 26 acres
    Lot size

Explore this Property

Opportunity awaits with this 26+/- acre property and New Castle is ready for it!! The road frontage offers business potential with B2 zoning for restaurants, gas station, etc and back acreage (zoned A1) across the creek lays beautifully, making it a great prospect for development. Sewer is onsite and available to tap into! Purchase this complete parcel or view our other purchase options, MLS listings: 590-1 Eminence Rd and 590-2 Eminence Rd. Buyer/Buyer's Agent to perform their own due diligence including but not limited to: acreage and ability to build/develop property for desired investment specifics. House, shed and barn are of no value. Property is being sold AS-IS.
MLS# 1675463

Courtesy Of Keller Williams Realty, Louisville East

(502) 554-9500

Property Features

  • Architecture Style
    Other
  • Lot Size
    26 Acres

Map and Directions

Directions to 590 Eminence Rd, New Castle, KY 40050

Home seller CENTURY 21 Simpson & Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Simpson & Associates

(502) 223-1600
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $10,129
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $10,129

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

New Castle Elementary School

Grades KG-5 Public School

New Castle, KY 40050 0.3 miles
182 s property rd

307 total students
12:1 Student teacher ratio

School Rating: D-

School Details

Henry County Middle School

Grades 6-8 Public School

New Castle, KY 40050 0.5 miles
1124 eminence rd

458 total students
16:1 Student teacher ratio

School Rating: C-

School Details

Henry County High School

Grades 9-12 Public School

New Castle, KY 40050 0.5 miles
1120 eminence rd

663 total students
16:1 Student teacher ratio

School Rating: D+

School Details
Other Nearby Schools Distance Type Grades School Rating
Henry County Early Childhood 0.3 miles Public PK
Eminence High School 3.8 miles Public 6-12 C+
Eminence Elementary School 3.8 miles Public PK-5 D+

Henry County Early Childhood

Distance: 0.3 miles

Type Public

Grades: PK

Eminence High School

Distance: 3.8 miles

Type Public

Grades: 6-12

C+

Eminence Elementary School

Distance: 3.8 miles

Type Public

Grades: PK-5

D+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for New Castle, KY 40050

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New Castle, KY 40050

This community’s employment is highest in the healthcare support and healthcare practitioners industries. The area’s overall household expenses are below the national average.

88° July
Hottest Average Month
23° January
Coldest Average Month
591 Total Households in Area
1.7% Increase in population since the year 2010
23.4%
of households
have children
27 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for New Castle, KY 40050

New Castle, KY 40050 has a population of 1,479 people in 591 households with a median age of 42.9 years old.

1.7%
Increase in population
since the year 2010
Population is Trending up
573
Total households as of 2010
3.1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 42.9 years old. The smallest percentage group is 55-64 years and the largest percentage is the 75-84 years age range.

Community Population By Ethnicity

White 91%
Black 2%
Hispanic 2%
Other <1%
Native American <1%
Asian <1%
The most prevalent ethnicity is White at 91%, followed by Black at 2%, Hispanic at 2%, and Other at <1%.

Economics
for New Castle, KY 40050

115 /sq mi
Population Density
$44,401 /yr
Median Household Income
$219,400
Median Sales Price
27 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 17.59% of the households.

Transportation to Work

  • Drive 94%
  • Work from Home 4%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 364 55%
Rented 227 34%
Vacant 70 11%

White vs Blue Collar Jobs







White Collar 61%
Blue Collar 39%

Family & Education Facts
for New Castle, KY 40050

42.9 Median Age

Average Household Size

2.4
persons per
household

37.3%

Married Households

Community Population By Education

High School Graduate 43%
Some High School 20%
Some College 15%
Bachelors Degree 11%
Graduate Degree 6%
Associates Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 43.26% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
23.4% of households have children

Weather
for New Castle, KY 40050

The weather for this area ranges from a high of 88° F in July to a low of 23° F in January

88° July
Hottest Average Month
23° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
23°
41°
Feb
25°
45°
Mar
33°
55°
Apr
43°
66°
May
52°
76°
Jun
61°
84°
Jul
64°
88°
Aug
63°
87°
Sep
56°
81°
Oct
45°
69°
Nov
35°
55°
Dec
26°
44°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Greater Louisville Association of REALTORS&#174;. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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