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Greencastle

Greencastle

Located in Putnam County

$234,693 Average Value
$167 Average Price per Sq Ft
3 Homes For Sale

Walled-in by community and activities

Whether it's the architecture, quaint downtown or the community one finds from celebrating those aspects of Greencastle, it's a place that draws people in and holds their attention. "You get here, you get involved, you become part of the community and you don't want to leave it," says Realtor Jennifer McCune of Prime Real Estate, who has sold over 200 properties in Greencastle. "The community is so supportive of each other and of the town itself that you just don't want to leave the comfort you find here."

Bourbon tastings and window shopping

Whether they want to shop locally or visit a big box store, residents of Greencastle enjoy a strong collection of highly-rated restaurants, boutiques and shopping centers. From sit-down eateries such as Almost Home to bourbon tastings at the Whisk, there are plenty of options to choose from downtown for formal special occasions and trendy quick fixes, which are often neighbored by shops for locally owned businesses like florists and pharmacies. It all feeds into a robust scene for frequent public events, such as First Fridays and a summer music festival. "You can drive 35 Miles to Plainfield and get an Applebee's, but we have a lot of unique things here that are really nice and draw a lot of people from around the area," says McCune. Even within Greencastle, chains, big box stores and hospitals are close, such as a Kroger and Walmart, which can be found less than a mile east of downtown, or the Putnam County Hospital 3 miles south of downtown.

Charming shops line Greencastle's downtown streets.
Charming shops line Greencastle's downtown streets.
Scoops Ice Cream Parlor is a Greencastle favorite for sweet treats.
Scoops Ice Cream Parlor is a Greencastle favorite for sweet treats.
Farm-to-table dining in Greencastle is a must-try experience.
Farm-to-table dining in Greencastle is a must-try experience.
Kroger is a popular grocery store in Greencastle.
Kroger is a popular grocery store in Greencastle.
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Curated home designs growing in stock

Built around the campus of DePauw University, Greencastle is a colorful Main Street USA community with a fascinating housing market. Its murals and collection of historic buildings provide a college town charm that many move there hoping to find. Homes sell faster in Greencastle than they do on average nationally, which is primarily due to its stock. The downtown area is mostly older buildings built in a wide variety of styles, from row houses to even some Queen Anne styles, some of which have sold for an affordable range of $100,000 to $200,000. However only a few properties get listed in the downtown area. "Inside the city, there's not a lot of building going on," says McCune. Some new builds are starting to come to the area's outer parts, often in a contemporary-traditional style that often sells for around $500,000. The growth is aimed to carry on Greencastle's contemporary architectural styles while still providing modern amenities. Some of that is happening through the local university, according to vice president for institutional equity at DePauw University Dionne Jackson, who is working on applying for a Lilly Endowment grant to connect Greencastle and DePauw seamlessly. "We're working on proposing something that would actually provide more housing options within the Greencastle community," says Jackson. "One of the things that we have emphasized is that we want whatever we bring to maintain the aesthetics of Greencastle."

Quaint cottages line Greencastle's streets.
Quaint cottages line Greencastle's streets.
Historic architecture in Greencastle delights the eyes.
Historic architecture in Greencastle delights the eyes.
In Greencastle, the strong sense of community is evident.
In Greencastle, the strong sense of community is evident.
Custom builds are welcome in Greencastle.
Custom builds are welcome in Greencastle.
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Public schools meld with programs at DePauw

Greencastle students attend high-performing schools. A young student most often begins at either Deer Meadow or Martha J. Ridpath Elementary Schools, which both earn a score of B from Niche. Greencastle Middle School earns a B-minus Niche score, while the other option, Tzouanakis Intermediate, earns a score of B. The local high schools, South Putnam and Greencastle, earn Niche scores of B and have many unique student opportunities through partnerships with DePauw University. "One of the things that immediately struck me was how much the arts, in particular, are connected across Greencastle and DePauw," says Jackson, who moved to Greencastle over a year ago. "For instance, the local high school was just here to see our version of Romeo and Juliet at the theater so they can access our shows and benefit from our institution."

Greencastle Senior High School
Greencastle Senior High School
Greencastle Middle School
Greencastle Middle School
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Out-and-back hikes from downtown

Greencastle is a stronghold for colorful outdoor recreation. The town has several parks to choose from, such as Robe Ann Park, which offers visitors many fun activities to meet their neighbors, such as skateboarding, pickleball courts and even a pool with a waterslide. But perhaps the most popular park to visit is the DePauw Nature Park, a 520-acre expanse that was once a limestone quarry and now contains over 8 miles of hiking trails, many of which feed out to a highly walkable downtown.

DePauw Nature Park is a massive nature preserve just off Greencastle's downtown.
DePauw Nature Park is a massive nature preserve just off Greencastle's downtown.
DePauw Nature Park has over 8 miles of hiking trails.
DePauw Nature Park has over 8 miles of hiking trails.
The playground at Robe Ann Park is popular for local youths in Greencastle, IN.
The playground at Robe Ann Park is popular for local youths in Greencastle, IN.
Robe Ann Park has a skatepark for local adrenaline junkies.
Robe Ann Park has a skatepark for local adrenaline junkies.
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Centrally located to major hubs

If leaving town is no longer avoidable, most commutes to major Indiana cities and towns are drives of no more than roughly 70 miles because "it's centered between Indianapolis, Terre Haute, Lafayette and Bloomington," says McCune.

Tina Davis
Written By
Tina Davis
Saeid Zare
Photography Contributed By
Saeid Zare
Antoine Allen
Video By
Antoine Allen

Interested in learning more about homes in this area? Reach out to Sara Thacker, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Greencastle Housing Trends

Housing Trends

Median List Price
$239,900
Median Sale Price
$205,000
Median Single Family Sale Price
$234,900
Median 2 Bedroom Sale Price
$199,900
Median Change From 1st List Price
9%
Last 12 months Home Sales
31
Median Home Sale Price YoY Change
-35%
Average Price Per Sq Ft
$167

Neighborhood Facts

Number of Homes in Neighborhood
2,981
Number of Homes for Sale
3
Median Year Built
1965
Months of Supply
1.20
Average Single Family Home Size Sq Ft
1,850
On par with the national average
1,924
Average Townhouse Size Sq Ft
1,758
Average 2 Bedroom Size Sq Ft
1,384
Average 1 Bedroom Size Sq Ft
1,582
Median Lot Size Sq Ft
11,761

Open Houses

  • Sunday, Aug 3
    12 - 2pm

    3986 S County Road 550 W, Greencastle, IN 46135

    $374,900

    • 3 Beds
    • 3 Baths
    • 1,705 Sq Ft
    • 3986 S County Road 550 W

    BRAND NEW BUILD with a walk-out basement tucked away on a private, wooded parcel. Located in the most serene area, this stylish home is one to see! All three bedrooms feature California closets and their own attached bathrooms. The basement consists of bedroom #1 and bathroom #1. The main level consists of the living room, dining area, kitchen, bedroom #2, bathroom #2 and the laundry room. The

    Brette McGuire Greene Realty, LLC

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Greencastle Has More Owners

Demographics

Total Population
10,480
Median Age
33
Population Density
43 ppl/acre
Population under 18
24%
On par with the national average
23.8%
Population over 65
16.9%
On par with the national average
19.1%

Finances

Median Household Income
$54,688
Significantly below the national average
$71,702
Average Household Income
$71,961

Education and Workforce

High School Graduates
89%
College Graduates
23.3%
Below the national average
34.1%
Advanced Degrees
9.4%
% Population in Labor Force
59.2%
Below the national average
65.1%

Weather

Annual Precipitation
46''
Average Winter Low Temperature
17°F
Average Summer High Temperature
84°F
Annual Snowfall
19''

Area Factors

Bikeable

Bike Score®®

68 / 100

Car-Dependent

Walk Score®®

40 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Greencastle