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Land with Home for Sale in Greencastle, Indiana

5554 W County Road 525 S, Greencastle, IN 46135

$314,900
3 acres
Active sale
ago
Est $1,807/mo

Situated on 3 peaceful acres in the South Putnam School District, this charming 3-bedroom, 2-bath farmhouse offers the perfect blend of timeless character and thoughtful modern updates. Inside, you'll appreciate the recent kitchen improvements, including an Amish-built island and matching hutch custom designed specifically for the space, updated lighting, a recently remodeled main-level bathroom, a bright sunroom, and a functional mudroom/laundry room that adds everyday convenience. All appliances are included, making this home truly move-in ready. Throughout the home, you'll find original-height ceilings, beautiful original doors and hardware that preserve the farmhouse's character, a cozy wood-burning stove, a cedar closet, and a walk-up attic that provides excellent storage or future possibilities. Major improvements include a new HVAC system with heat pump and central air, a new roof, and a new water heater, offering added peace of mind for years to come. Outside, you'll find even more to love with a brand-new 18' x 18' detached garage, a welcoming new front porch featuring a custom front door that matches the rear entry and garage door, new sidewalks, and a brand-new above-ground pool. The pool and new storage shed can remain with the property, creating the perfect setup for summer enjoyment. A detached "summer house" with electricity offers endless possibilities as a hobby space, workshop, studio, or private retreat. Nature lovers will appreciate the abundance of deer and other wildlife that frequent the property, along with mature black walnut trees that enhance the peaceful country setting. The home is served by Reelsville Water and includes an installed electric fence, making it ideal for pet owners. In 2026, the septic line was replaced, new electrical service was run to the septic system, and the septic was professionally cleaned, providing additional confidence for the next owner.

1,883
Sq feet
3
Beds
2
Full baths
1900
Built

Location

Street address
5554 W County Road 525 S
Zip code
46135
School district
South Putnam Community Schools
Elevation
701 feet
Coordinates
39.5853, -86.95

Property details

Acreage
3 acres
MLS #
MIBOR 22115469
Posted

Parcels

  • 671110200016000019

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
RE/MAX International

Structure

Stories
2
Water
Public
Heating
Heat Pump
Cooling
Central Air
Materials
Vinyl Siding

Interior

Room Count
4
Rooms
Basement, Bathroom x 2, Bedroom x 3
Appliances
Dishwasher, Dryer, Electric Oven, Microwave, Refrigerator
Features
Attic Access

Nearby schools

NameTypeDistrict
Central Elementary SchoolElementarySouth Putnam Community Schools
South Putnam Middle SchoolMiddleSouth Putnam Community Schools
South Putnam High SchoolHighSouth Putnam Community Schools

Listing history

DateEventPriceChangeSource
Aug 2, 2026Price drop$314,900$5,100 -1.6%MIBOR
July 24, 2026New listing$320,000MIBOR
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This 3-acre property is located at 5554 W County Road 525 S in Greencastle, IN 46135. The property is available for sale, priced at $314,900. It has a 1,883 square foot 3-bedroom, 2-bath house built in 1900.

Listed by RE/MAX Cornerstone, (765) 653-7070

Checked 2 hours agoUpdated Source

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