Enjoy the drive to home on a dead end 1 lane road 2 1/2 miles back, filled with wildlife and Yellowstone setting. This rustic ranch home is overlooking 50+ acres of Madison Hills Lake in the backyard. 2BR could be 3BR if you converted the pool room. Almost 20 acres of fenced pasture and woods with approx. 2 1/2 acre beautiful deep new stocked pond in the side pasture with views from the gazebo that give you peace with the rock and tree backdrop. Sit and read a book or throw a fishing pole into the pond from your own get away shed with heat and air. Second electric panel for additional RV hookups with water hydrants so family campground is a possability. The eagles dropping to the lake to grab a fish and the bobcat cry or the howl of the coyotes is just outside your door, and the geese and bullfrogs will invite you in also. The white pelicans are a site to see in the Spring. High fiber Spectrum was just installed. Appliances stay with the home propane range. Electric Heat pump but woodstove/cook oven for back up or assistance heat. Kinetico water system. Garage/outbuilding could be finished out easily and has new wood stove. Newer built carport barn for storing all your toys and then the additional farm barn with stalls. Alot of storage available and many possibilities. Raccoon Lake is not too far for additional fishing. Broker Owned. MUST BE ACCOMPANIED BY A REAL ESTATE BROKER. Seller will consider selling property on a 40 year term mortgage with a large enough down payment.
Active
Price cut: $25K (6/20)
$700,000
Greencastle, IN 46135
2beds
1,856sqft
Residential, Single Family Residence
Built in 1977
19.57 Acres Lot
$-- Zestimate®
$377/sqft
$-- HOA
What's special
Rustic ranch homeKinetico water systemElectric heat pump
- 228 days |
- 854 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Beth Neeley 765-376-6240,
Down Home Real Est & Auction
Source: MIBOR as distributed by MLS GRID,MLS#: 22072269
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 195 Square Feet
- Dimensions: 13X15
Bedroom 2
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12X13
Kitchen
- Level: Main
- Area: 418 Square Feet
- Dimensions: 22X19
Living room
- Level: Main
- Area: 342 Square Feet
- Dimensions: 18X19
Utility room
- Features: Tile-Ceramic
- Level: Main
- Area: 49 Square Feet
- Dimensions: 7X7
Heating
- Electric, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Refrigerator, Gas Oven, MicroHood
Features
- Attic Access, Breakfast Bar, Hardwood Floors, High Speed Internet, Eat-in Kitchen, Pantry
- Flooring: Hardwood
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,856
- Total interior livable area: 1,856 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached, Gravel, RV Access/Parking, Storage, Workshop in Garage
- Garage spaces: 4
- Details: Garage Parking Other(Service Door)
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Storage, RV Hookup
- Fencing: Fenced
- Has view: Yes
- View description: Pasture, Pond, Rural, Trees/Woods, Water
- Has water view: Yes
- Water view: Pond,Water
- Waterfront features: Lake Front, Pond, Water Access, Water View, Waterfront
Lot
- Size: 19.57 Acres
- Features: Rural - Not Subdivision, Mature Trees, Wooded, See Remarks
Details
- Additional structures: Barn Pole, Storage
- Additional parcels included: 671001300014001011
- Parcel number: 671001300014002011
- Special conditions: As Is,Broker Owned
- Horse amenities: Barn, Hay Storage, Pasture, Stable(s), Tack Room
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Block, Slab
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1977
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Septic Tank
- Water: Well, Private
- Utilities for property: Electricity Connected, See Remarks
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Greencastle
Financial & listing details
- Price per square foot: $377/sqft
- Annual tax amount: $1,170
- Date on market: 11/7/2025
- Cumulative days on market: 226 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2026 | Price change | $700,000-3.4%$377/sqft |
Source: | ||
| 5/5/2026 | Price change | $725,000-3.3%$391/sqft |
Source: | ||
| 4/12/2026 | Price change | $750,000-6.3%$404/sqft |
Source: | ||
| 3/19/2026 | Price change | $800,000-5.9%$431/sqft |
Source: | ||
| 2/26/2026 | Price change | $850,000-5.6%$458/sqft |
Source: | ||
| 1/28/2026 | Price change | $900,000-7.7%$485/sqft |
Source: | ||
| 12/9/2025 | Price change | $975,000-2.5%$525/sqft |
Source: | ||
| 11/7/2025 | Listed for sale | $1,000,000+426.3%$539/sqft |
Source: | ||
| 3/24/2017 | Sold | $190,000$102/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $89 +11.5% | $4,700 -7.8% |
| 2024 | $80 +26.9% | $5,100 +21.4% |
| 2023 | $63 -13.4% | $4,200 +23.5% |
| 2022 | $73 -2.3% | $3,400 -12.8% |
| 2021 | $75 -15.7% | $3,900 |
| 2020 | $88 -2.1% | $3,900 -17% |
| 2019 | $90 -7.1% | $4,700 -4.1% |
| 2018 | $97 -1.1% | $4,900 -14% |
| 2017 | $98 -3.7% | $5,700 -3.4% |
| 2016 | $102 +6.6% | $5,900 -4.8% |
| 2014 | $96 +16.7% | $6,200 +17% |
| 2013 | $82 +13% | $5,300 +8.2% |
| 2012 | $73 +13.5% | $4,900 +8.9% |
| 2011 | $64 +0.3% | $4,500 +15.4% |
| 2010 | $64 +6% | $3,900 +2.6% |
| 2009 | $60 | $3,800 |
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 46135
Nearby schools
GreatSchools rating
- 7/10Tzouanakis Intermediate SchoolGrades: 3-5Distance: 3.7 mi
- 7/10Greencastle Middle SchoolGrades: 6-8Distance: 4.8 mi
- 6/10Greencastle Senior High SchoolGrades: 9-12Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Cloverdale Elementary School
- Middle: Cloverdale Middle School
- High: Cloverdale 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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A local lender can help you make sure your offer is ready when you are.





