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109 W Walnut Street

Greencastle, IN 46135

PendingListed Feb 20, 2026 · 231 days on market

Key facts

Living area
2,158 sqft
Lot
0.15 acres
Year built
1900
Type
Commercial Sale · Business
MLS #
22081683
County
Putnam
Total building area
2,158 sqft

About this home

Own a piece of Greencastle history with lots of road visibility on W. Walnut St. just steps from downtown restaurants, shops and DePauw University's campus. The brick house, which was once three apartments needs renovation, but could be retail shops or offices with an apartment upstairs. The brick blacksmith's shop behind the house has a loading dock, large doors, a lean-to for additional storage, two-story loft, and steel reinforcements, which make this a great storage building for your hobbies or rental income. The price reflects the condition and need for significant renovations, but could be a tremendous opportunity to have an affordable commercial building in a growing college town.

Description provided by the listing brokerage.

Exterior

Roof
Shingle
Parking and garage
Alley AccessConcreteGarage Faces Rear
View
CityDowntown

Systems

Utilities
Electricity ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
cb

Schools

Middle school
Greencastle Middle School
High school
Greencastle Senior High School
School district
Greencastle Community School Corp

Taxes

Estimated annual tax
$1,814 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$690per month, estimated
Principal and interest $504Property tax $151Insurance $35
20% · $19,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$99,900
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