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Opportunity awaits with this 2-bedroom, 1-bath home situated on a nearly half-acre lot in a highly visible and convenient Greencastle location. With frontage on both Washington Street and Franklin Street and located next to Dairy Castle, this property offers excellent potential for renovation, investment, or future redevelopment. The main level features a traditional layout with a formal living room with hardwood floors and fireplace, a formal dining room with hardwood flooring, kitchen, mud room, sitting room, full bathroom, and two main-level bedrooms. Upstairs, you'll find an additional bedroom along with a walk-in attic space that could provide extra storage or the opportunity to finish additional living space, bonus room, or another bedroom. The basement offers room for storage and laundry space. Outside, the property includes a small one-car garage/shed, covered back porch, mature trees, and a spacious yard with plenty of room for outdoor use or future improvements. Conveniently located within walking distance to the high school, grocery store, downtown Greencastle, and the DePauw University campus, this property combines location and potential in one package. The home does require significant repairs and updates and is being sold as-is, making it ideal for investors, flippers, or buyers looking for a project with upside potential. Bring your vision and restore this property to its full potential.
Property Type(s):
Single Family
| Last Updated | 5/8/2026 | Tract | No Subdivision |
|---|---|---|---|
| Year Built | 1935 | Community | 6714 - Putnam - Greencastle |
| Garage Spaces | 1.0 | County | Putnam |
SCHOOLS
| Elementary School | Deer Meadow Primary School |
|---|---|
| Jr. High School | Greencastle Middle School |
| High School | Greencastle Senior High School |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Electric Oven, Refrigerator, Washer |
| AREA | 6714 - Putnam - Greencastle |
| BASEMENT | FULL, Unfinished, Yes |
| CONSTRUCTION | Cedar |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.4 acre(s) |
| LOT DESCRIPTION | City Lot |
| PARKING | Detached, Concrete, Gravel |
| STORIES | 1.5 |
| STYLE | Cape Cod |
| SUBDIVISION | No Subdivision |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
Location
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© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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