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5232 E Us Highway 40

Greencastle, IN 46135
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Bed 2

Bed

Bath 1

Bath

SqFt1,596

Sqft

Acres0.30

Acre(Lot)

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 o ne checks the box.

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Detail Ic Property Details

Property Type : Residential

Price : $119,000

AD Id : 88189694

MLS Id : MBR22114147

Beds : 2

Lot Size : 0.30 Acre

Living Area Size : 1,596

Year Built : 1900

County : Putnam

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Feature Features

  • Bedroom Information

    Total Bedroom: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 6 Has Basement: Yes

    Interior Features

    Appliances: Other
  • Flooring Information

    Construction Materials: Stone, Vinyl Siding, Wood Siding, Other
  • Heating & Cooling

    Heating: Other Cooling: Other WaterSource: Other

  • Building Information

    Year Built: 1900

  • Lot Information

    Lot Square Feet: 12981 Lot Acres: 0.3

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Traditional

  • Listing Price Information

    Original List Price:$119000

  • Tax Information

    Tax Lot: 27,26 Tax Legal Description: Mt Meridian Lot 27 Mt Meridian Pt Lot 26 Tax Year: 2025 Parcel Number: 671304201017000010 Tax Exemption: Homestead Tax Exemption

  • School Information

    Junior High School: Greencastle Middle School Senior High School: Greencastle Senior High School
  • Utility Information

    Water Source: Other
  • Location Information

    Subdivision: 40 North On Meridian City: Greencastle Direction: GPS Friendly
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1742 E Range Line Road, Greencastle, IN, 46135 $244,500 3 2 1,843 1,843 SqFt
400 UNIT 1 Longcastle D.., Greencastle, IN, 46135 $243,300 2 2 1,364 1,364 SqFt
33 Cottonwood Court, Greencastle, IN, 46135 $215,000 3 2 1,094 1,094 SqFt
72 Briarwood Court, Greencastle, IN, 46135 $405,000 4 3 2,329 2,329 SqFt
201 Leach Street, Greencastle, IN, 46135 $220,000 3 2 1,032 1,032 SqFt
735 E Washington Street, Greencastle, IN, 46135 $145,000 3 1 2,553 2,553 SqFt
718 Highwood Avenue, Greencastle, IN, 46135 $375,000 4 3 2,128 2,128 SqFt
700 Albin Pond Road, Greencastle, IN, 46135 $285,900 4 3 3,192 3,192 SqFt
625 E Washington Street, Greencastle, IN, 46135 $225,000 5 2 2,997 2,997 SqFt
811 Shadowlawn Avenue, Greencastle, IN, 46135 $249,900 4 2 2,525 2,525 SqFt
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ByOwner last updated this listing 07/21/2026 @ 06:20

MLS: MIBOR #22114147 LISTED BY: Isaac VanCuren, Gardner Property Group 317-804-1795 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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