
5594 S County Road 550 E Greencastle, IN 46135
Estimated payment $2,222/month
Highlights
- Mature Trees
- Wood Flooring
- No HOA
- Ranch Style House
- Pole Barn
- 3 Car Detached Garage
About This Home
**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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $568
Year Built
- Built in 1960 | Remodeled
Lot Details
- 3 Acre Lot
- Rural Setting
- Mature Trees
Parking
- 3 Car Detached Garage
Home Design
- Ranch Style House
- Wood Siding
Interior Spaces
- 1,780 Sq Ft Home
- Woodwork
- Paddle Fans
- Combination Kitchen and Dining Room
- Wood Flooring
- Crawl Space
- Attic Access Panel
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Electric Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Pole Barn
- Outdoor Storage
Schools
- Central Elementary School
- South Putnam Middle School
- South Putnam High School
Utilities
- Central Air
- Heat Pump System
- Heating System Powered By Owned Propane
- Well
- Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 671309300009901010
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $286 | $15,900 | $15,900 | $0 |
2023 | $246 | $13,300 | $13,300 | $0 |
2022 | $189 | $10,500 | $10,500 | $0 |
2021 | $162 | $9,000 | $9,000 | $0 |
2020 | $164 | $8,900 | $8,900 | $0 |
2019 | $198 | $10,900 | $10,900 | $0 |
2018 | $203 | $11,200 | $11,200 | $0 |
2017 | $199 | $12,200 | $12,200 | $0 |
2016 | $473 | $92,400 | $34,000 | $58,400 |
2014 | $531 | $89,200 | $34,800 | $54,400 |
2013 | $531 | $86,800 | $32,400 | $54,400 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/26/2025 08/26/25 | For Sale | $399,900 | 0.0% | $225 / Sq Ft |
08/05/2025 08/05/25 | Pending | -- | -- | -- |
07/01/2025 07/01/25 | Price Changed | $399,900 | -5.9% | $225 / Sq Ft |
06/20/2025 06/20/25 | Price Changed | $425,000 | -5.6% | $239 / Sq Ft |
05/22/2025 05/22/25 | For Sale | $450,000 | -- | $253 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | None Available | |
Quit Claim Deed | -- | None Available | |
Quit Claim Deed | -- | Attorney | |
Warranty Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $208,250 | Unknown | |
Previous Owner | $134,190 | New Conventional | |
Previous Owner | $104,650 | New Conventional | |
Previous Owner | $110,800 | New Conventional | |
Previous Owner | $93,042 | Unknown |
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Source: MIBOR Broker Listing Cooperative®
MLS Number: 22039873

APN: 67-13-09-300-009.001-010
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