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  • $399,900

    5594 S County Road 550 E, Greencastle, IN 46135

    4beds
    1,780sqft
    Residential, Single Family Residence
    Built in 1960
    3 Acres Lot
    $409,700 Zestimate®
    $225/sqft
    $2,019 Estimated rent

    Home value

    $409,700

    Estimated sales range

    Not available

    $2,019/mo

    Zestimate® history
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    What's special

    Spacious new back deckPlush carpetBrand-new front porchLarge windowsNatural lightFully updated kitchenNew cabinets
    **MOTIVATED seller, property is priced $50,000 below appraised value!!! Seller's loss, buyer's gain. Welcome to your dream homestead! This beautifully updated 4-bedroom, 2 full bath ranch-style farmhouse sits on a picturesque 3-acre lot, offering the perfect combination of modern comforts and country charm. Inside, you'll find brand-new hardwood flooring and plush carpet throughout, along with a fully updated kitchen featuring new cabinets and dishwasher. Large windows fill the home with natural light, creating a bright and inviting atmosphere in every room. Step outside to enjoy a brand-new front porch, perfect for morning coffee, and a spacious new back deck ideal for entertaining or relaxing with family. The home's exterior has also been freshly painted, and a newer roof ensures lasting value and peace of mind. The expansive property is well-suited for both everyday living and outdoor hobbies. A spacious fenced yard offers plenty of room for children, pets, or gardening, while a massive 30x50 pole barn provides excellent space for storage, projects, or equipment. There's also a 30x20 open pole barn, a 24x12 building with 2 stalls and a tack room, and a 72x60 horse arena with a 40-foot diameter training circle-making this property a true haven for equestrian enthusiasts. Whether you're looking to settle into peaceful country living, start a hobby farm, or expand your equestrian lifestyle, this one-of-a-kind property offers it all.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lindsey Smalling 317-435-5914,

    F.C. Tucker Company

    Bought with:

    Christopher Ripperger

    Monteith-Legault Real Estate C

    Source: MIBOR as distributed by MLS GRID,MLS#: 22039873MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 4
    Primary bedroom
    • Level: Main
    • Area: 306 Square Feet
    • Dimensions: 18x17
    Bedroom 2
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Bedroom 3
    • Level: Main
    • Area: 117 Square Feet
    • Dimensions: 13x09
    Bedroom 4
    • Level: Main
    • Area: 117 Square Feet
    • Dimensions: 13x09
    Dining room
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Kitchen
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 24x10
    Laundry
    • Level: Main
    • Area: 64 Square Feet
    • Dimensions: 08x08
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Electric Oven, Washer, Water Heater, Water Softener Owned
    • Laundry: Connections All, Main Level
    Features
    • Attic Access, High Ceilings, Ceiling Fan(s), Hardwood Floors, Eat-in Kitchen, Walk-In Closet(s)
    • Flooring: Hardwood
    • Windows: Wood Work Painted
    • Has basement: No
    • Attic: Access Only
    Interior area
    • Total structure area: 1,780
    • Total interior livable area: 1,780 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached
    • Garage spaces: 3
    • Details: Garage Parking Other(Other)
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Storage, Other
    • Fencing: Fenced,Fence Complete,Full,Privacy
    Lot
    • Size: 3 Acres
    • Features: Not In Subdivision, Rural - Not Subdivision, Mature Trees, Trees-Small (Under 20 Ft)
    Details
    • Additional structures: Barn Pole
    • Parcel number: 671309300009901010
    • Special conditions: Defects/None Noted
    • Horse amenities: Arena, Barn, Stable(s), Tack Room, Other

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Crawl Space
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Septic Tank
    • Water: Well, Private
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Subdivision: No Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Greencastle

    Financial & listing details

    • Price per square foot: $225/sqft
    • Tax assessed value: $14,800
    • Annual tax amount: $568
    • Date on market: 5/23/2025
    • Cumulative days on market: 92 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    11/21/2025Sold$399,900$225/sqft
    Source: MIBOR as distributed by MLS GRID #22039873 Report a problem
    9/12/2025Pending sale$399,900$225/sqft
    Source: MIBOR as distributed by MLS GRID #22039873 Report a problem
    8/26/2025Listed for sale$399,900$225/sqft
    Source: MIBOR as distributed by MLS GRID #22039873 Report a problem
    8/11/2025Pending sale$399,900$225/sqft
    Source: MIBOR as distributed by MLS GRID #22039873 Report a problem
    7/1/2025Price change$399,900-5.9%$225/sqft
    Source: MIBOR as distributed by MLS GRID #22039873 Report a problem
    6/20/2025Price change$425,000-5.6%$239/sqft
    Source: MIBOR as distributed by MLS GRID #22039873 Report a problem
    5/23/2025Listed for sale$450,000+20%$253/sqft
    Source: MIBOR as distributed by MLS GRID #22039873 Report a problem
    7/30/2024Listing removed--
    Source: MIBOR as distributed by MLS GRID #21986516 Report a problem
    7/24/2024Price change$374,900-1.3%$211/sqft
    Source: MIBOR as distributed by MLS GRID #21986516 Report a problem
    7/11/2024Price change$379,900-1.3%$213/sqft
    Source: MIBOR as distributed by MLS GRID #21986516 Report a problem
    6/29/2024Listed for sale$385,000$216/sqft
    Source: MIBOR as distributed by MLS GRID #21986516 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$286 +16.5%$14,800 -6.9%
    2024$246 +30.4%$15,900 +19.5%
    2023$189 +16.3%$13,300 +26.7%
    2022$162 -0.9%$10,500 +16.7%
    2021$164 -17.4%$9,000 +1.1%
    2020$198 -2.5%$8,900 -18.3%
    2019$203 -54.6%$10,900 -2.7%
    2018$447 -5.5%$11,200 -8.2%
    2017$473 -9.9%$12,200 -86.8%
    2016$526 -0.9%$92,400 +3.6%
    2014$531 +9%$89,200 +2.8%
    2013$487 +19.5%$86,800 +2.2%
    2012$408 -15.6%$84,900 -2.3%
    2011$483 +20.6%$86,900 +2%
    2010$401 -9.6%$85,200 +0.5%
    2009$443 $84,800 +37.7%
    2006-- $61,600 +9.8%
    2003-- $56,100
    Find assessor info on the county website

    Neighborhood: 46135

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Central Elementary School
    • Middle: South Putnam Middle School
    • High: South Putnam 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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