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Greencastle, IN, 46135 • 46135 • Putnam County
$431/sqft
-$50,000 since Mar 19, 2026
2Beds
1Baths
1,856Sqft
19.6 acLot
1977Built
Waterfront Property
Lake Front, Pond, Water Access, Water View, Waterfront
Scenic Views
Pasture · Pond · Rural · Trees/Woods · Water
Ranch Style
Built 1977 · 49 years of history
No Subdivision
46135
Outdoor Living
Deck
1 Fireplace
Wood Burning
Special Features
Barn Pole · Storage
4-Car Garage
Detached · Gravel · RV Access/Parking · Storage · Workshop in Garage
This home is getting attention
Listed 151 days ago · 440 views · 6 saves
Demand and pricing signals for this listing
440 views
People checking out this listing
6 saves
Buyers have saved this home
151 days on market
Established listing
$431/sqft
Price per square foot
Single Family · Built 1977
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.
Standout features identified
Our analysis highlights rustic ranch home, kinetico water system, and electric heat pump as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $640,000 loan
Full calculator →Key facts and listing details
14 categories of property features
5 rooms detailed
Master Bedroom
MainBedroom2
MainKitchen
MainLiving Room
MainUtility Room
MainMarket data and value estimates
3 schools rated nearby
6 events
15 years of records
Local context around this listing
Greencastle, IN • Putnam County
Nearby neighborhoods
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Based on information submitted to the MLS GRID as of 2026-04-08 03:37:51 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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