Great opportunity to add a cash-flowing asset to your investment portfolio in Greencastle, Indiana! This 3-bedroom, 1-bath home offers 954 square feet of living space and sits on a manageable .13-acre lot, making it an ideal low-maintenance rental property. The property features a covered front porch, a gravel driveway for off-street parking, and an attached storage area for added convenience. Mature trees provide ample shade for outdoor enjoyment. The compact lot size helps keep upkeep costs low while still offering outdoor space. This property presents a solid opportunity for both seasoned investors and those looking to enter the rental market. Whether you're expanding your portfolio or looking for a manageable first investment, this Greencastle property offers a practical and affordable option. The home is currently tenant occupied with a month-to-month tenant in place, providing immediate income with flexibility for a new owner's future plans. Continue renting as-is for steady income, or explore value-add potential through updates and improvements over time.
Sold
$55,000
205 W Jacob St, Greencastle, IN 46135
3beds
954sqft
Residential, Single Family Residence
Built in 1900
5,662.8 Square Feet Lot
$56,200 Zestimate®
$58/sqft
$1,282 Estimated rent
Home value
$56,200
Estimated sales range
Not available
$1,282/mo
Zestimate® history
Owner options
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$1,282/mo
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$1,282/mo
Rent Zestimate®
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$255/mo
Est. payment
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$255/mo
Est. payment
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Covered front porch
Zillow last checked:
Listing updated:
Listing Provided by:
Stephanie Feltner 765-357-5504,
Prime Real Estate ERA Powered
Bought with:
Robert Smith
Greene Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22080521
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11x12
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 3
- Level: Main
- Area: 66 Square Feet
- Dimensions: 11x6
Kitchen
- Level: Main
- Area: 176 Square Feet
- Dimensions: 16x11
Living room
- Level: Main
- Area: 176 Square Feet
- Dimensions: 16x11
Heating
- Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: None
Features
- Eat-in Kitchen
- Windows: Wood Work Painted
- Has basement: No
Interior area
- Total structure area: 954
- Total interior livable area: 954 sqft
Property
Parking
- Parking features: Gravel
- Details: Garage Parking Other(Guest Street Parking)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 5,662 sqft
- Features: Mature Trees
Details
- Parcel number: 670916303055000008
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- Fixer
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Water: Public
Community & neighborhood
Location
- Region: Greencastle
- Subdivision: Badger Park
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Sold | $55,000-11.3%$58/sqft |
Source:  MIBOR as distributed by MLS GRID #22080521 Report a problem | ||
| 1/20/2026 | Pending sale | $62,000$65/sqft |
Source: MIBOR as distributed by MLS GRID #22080521 Report a problem | ||
| 1/18/2026 | Listed for sale | $62,000+210%$65/sqft |
Source: MIBOR as distributed by MLS GRID #22080521 Report a problem | ||
| 12/29/2006 | Sold | $20,000-49.9%$21/sqft |
Source: MIBOR as distributed by MLS GRID #2661831 Report a problem | ||
| 10/3/2006 | Sold | $39,950$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,012 +14.7% | $50,300 -0.6% |
| 2024 | $882 | $50,600 +14.7% |
| 2023 | $882 +6.8% | $44,100 |
| 2022 | $826 +9.5% | $44,100 +6.8% |
| 2021 | $754 | $41,300 +9.5% |
| 2020 | $754 | $37,700 |
| 2019 | $754 +0.8% | $37,700 |
| 2018 | $748 | $37,700 +0.8% |
| 2017 | $748 | $37,400 |
| 2016 | $748 -1.6% | $37,400 -1.6% |
| 2014 | $760 -2.8% | $38,000 -2.8% |
| 2013 | $782 +1.3% | $39,100 +1.3% |
| 2012 | $772 -1.5% | $38,600 -1.5% |
| 2011 | $784 | $39,200 |
| 2010 | $784 | $39,200 |
| 2009 | $784 | $39,200 -20% |
| 2006 | -- | $49,000 -5.8% |
| 2003 | -- | $52,000 |
Find assessor info on the county website
Neighborhood: 46135
Nearby schools
GreatSchools rating
- 7/10Tzouanakis Intermediate SchoolGrades: 3-5Distance: 0.6 mi
- 7/10Greencastle Middle SchoolGrades: 6-8Distance: 1.5 mi
- 6/10Greencastle Senior High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Middle: Greencastle Middle School
- High: Greencastle Senior High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$56,200
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$57,324
- Indiana
- Putnam County
- Greencastle
- 46135
- 205 W Jacob St
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