
735 E Washington Street, Greencastle, IN 46135
No Subdivision · Putnam County
Key Facts
Description
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 Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Cape Cod
Year Built
1935
Living Area
2,553 sq ft
Lot Size
0.40 acres
Garage Spaces
1
Days on Market
25
MLS® Listing#
22100793
Property Features
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Water Source
Schools
- Elementary:
- Deer Meadow Primary School
- Middle:
- Greencastle Middle School
- High:
- Greencastle Senior High School
Financial Details
HOA
None
Parcel Number
670921101043000008
Directions
GPS Friendly
Affordability Calculator
$29,000
Estimated monthly payment
$772/mo
Principal $116,000 · Est. interest $161,830 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Greencastle, IN
- $255,172
- Median Listing Price
- 42
- Median Days on Market
- 1,608
- Median Sq Ft
- $160
- Median Price / Sq Ft
- 52
- Active Listings
- This home’s price is 43% below the area median.
- Its price per sq ft is 65% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Greencastle, IN.
Location
Points of Interest in Greencastle, IN
Showing the Greencastle area map.
Nearby Schools
Deer Meadow Primary School
Elementary · 0.3 mi away
Greencastle Middle School
School · 0.4 mi away
Greencastle High School
Secondary · 0.4 mi away
Greencastle Tiger Cubs
School · 0.4 mi away
Greencastle Middle School
Secondary · 0.5 mi away
Tzouanakis Intermediate School
Elementary · 0.6 mi away
Ridpath Primary School
Elementary · 0.7 mi away
First Christian Church
Elementary · 0.7 mi away
Harrison Hall
School · 0.8 mi away
Peace Lutheran Church
School · 1.3 mi away
Area 30 Career Center
Secondary · 1.7 mi away
West Central Indiana Educational Service Center
School · 1.7 mi away
Old National Trail Special Education
School · 1.8 mi away
South Putnam Middle School
Secondary · 4.6 mi away
Central Elementary School
Elementary · 4.7 mi away
Fillmore Elementary School
Elementary · 5.5 mi away
Bainbridge Elementary School
Elementary · 8.1 mi away
North Putnam Community School
School · 8.5 mi away
Reelsville Elementary School
Elementary · 9.0 mi away
Cloverdale High School
Secondary · 9.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1003 Van Bibber Lake Estates, Greencastle, IN | $110,000 | 3 | 2 | 1,088 |
| 5232 E Us Highway 40, Greencastle, IN | $119,000 | 2 | 1 | 1,164 |
| 1004 Van Bibber Lake Estate, Greencastle, IN | $119,900 | 2 | 2 | 924 |
| 5075 Van Bibber Lake Estate, Greencastle, IN | $128,000 | 2 | 1 | 644 |
| 316 N Madison Street, Greencastle, IN | $135,000 | 2 | 1 | 858 |
| 28 Beveridge, Greencastle, IN | $159,900 | 2 | 1 | 775 |
Moving Cost Estimate
EXIT Agents in Greencastle
Listing Courtesy: Prime Real Estate ERA Powered - ericwolferealestate@gmail.com
Last Updated: 2026-05-08

















