Price Reduction - Primary on Main
Address
5232 E Us Highway 40, Greencastle, IN
Price
$ 95,000
Property Attributes
  • MLS#22114147
  • TypeSingle Family
  • Listing Status Active
  • CountyPUTNAM
  • CityGreencastle
  • AreaJefferson
  • Neighborhood40 North On Meridian
  • Zip46135
  • StyleTraditional
  • Year Built1900
  • Taxes$ 442
  • Price$ 95,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1596
  • Lot Size0.3 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

Set on nearly a third of an acre along a quiet stretch outside Greencastle, this 2-bedroom, 1-bath home offers the kind of space and privacy that's tough to find at this price point. The gravel drive leads back to a detached garage and covered carport, giving you plenty of room for vehicles, storage, or a workshop setup, while the wide, tree-lined yard is ready for gardens, play equipment, or simply enjoying the open country air. Inside, the home carries the charm of its era with a layout that's easy to make your own. Central heat, a partial basement for extra storage, and solid bones throughout. Comps put this listing well below market and leaving real room for built-in equity from day one. Whether you're looking for a project with upside or simply want more land for less money, this one checks the box.

Middle School High School
Greencastle Middle School Greencastle Senior High School
Price History
7/20/2026 Listed $119,000
8/5/2026 9$109,000
8/11/2026 4$105,000
8/19/2026 6$99,000
9/3/2026 5$95,000

General Features

Heating Other
Cooling Other
Possession Negotiable
Appliances Other
Architectural Style Traditional
Construction Materials Stone,Vinyl Siding,Wood Siding,Other
Year Built 1900
Township Jefferson
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Putnam
New Construction No
Property Type Residential
HOA No
Subdivision Name 40 North On Meridian
Garage Y/N No
Total Rooms 6
Full Baths 1
Status Active
Directions GPS Friendly
High School Greencastle Senior High School
City Greencastle
High School District Greencastle Community School Corp
MLS Area 6720 - Putnam - Jefferson
Lot Size Square Feet 12981
Spa Features Above Ground,Private
Property Attached Y/N No
Middle/Junior High School Greencastle Middle School
Standard Status Active
Tax Lot 27,26
Legal Description Mt Meridian Lot 27 Mt Meridian Pt Lot 26

Interior Features

Basement (Y/N) Yes
Total Bedrooms 2
Main Level Bedrooms 2
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Water Source Other
Foundation Details Crawl Space
Spa Yes
Building Area Total 1596
Lot Size Acres 0.3
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46135

Price
AVG $270K
$100K
Taxes
AVG $1,538
$442
Year Built
AVG 1954
1900
Visits
AVG 34
29
Data Provided by Inside Real Estate®