5232 E Us Highway 40

Greencastle, IN
$ 95,000 Beds 2 Baths 1 Sq 1,596
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 95,000
  • City
  • Greencastle
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • PUTNAM
  • Half Bathrooms
  • 0
  • Area
  • Jefferson
  • Lot Size
  • 0.3 Acres
  • Zip
  • 46135
  • Sqr Footage
  • 1,596
  • Year Built
  • 1900
  • Taxes
  • $ 442
  • Style
  • Traditional
  • MLS#
  • 22114147
Listed By: Isaac VanCuren with Gardner Property Group;
Data Source: MIBOR Broker Listing Cooperative

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Greencastle Middle School
High 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

Property vs Zip Code Average in 46135

Price
AVG $280K
$100K
Taxes
AVG $1,474
$442
Year Built
AVG 1951
1900
Visits
AVG 28
31
Data Provided by Inside Real Estate®

5232 E Us Highway 40 Greencastle, IN is a Single Family Home for sale at $95000 with 1596 sqft and a lot size of 0.3 Acres Acre(s). 5232 E Us Highway 40 Greencastle has 2 bedrooms, 1 baths and was built in 1900. The property's zip code is 46135 which is in Greencastle, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.