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000 S County Road 250 E

Greencastle, IN 46135

ActiveListed Mar 10, 2026 · 3 days on market

Key facts

Lot
69.14 acres
Type
Land · Farm
MLS #
22085923
County
Putnam
Subdivision
No Subdivision

About this home

Discover the perfect blend of country living and convenience with this beautiful 69-acre farm property located just outside the east side of Greencastle. With paved road frontage and easy access to State Road 240, the property offers an ideal location for commuting while remaining just minutes from local shopping, dining, Big Walnut Sports Park, schools and other amenities. The land features gently rolling hills, scenic pastoral views, and a peaceful stream running through the property, creating a picturesque rural setting. Currently used for grazing cattle and growing crops, the acreage offers excellent versatility for continued agricultural use, a hobby farm, or a private country estate. The property has already been split into five individual building lots, and the sale includes all five parcels-presenting a unique opportunity for development, investment, or creating a multi-generational homestead. With no covenants or restrictions, you have the freedom to build and use the land to suit your vision. Whether you're looking to build your dream home, establish a hobby farm, or sell individual building lots, this property offers space, flexibility, and an outstanding location close to town. Rare acreage this close to Greencastle is hard to find-schedule a tour and explore the possibilities today.

Description provided by the listing brokerage.

Exterior

Fencing
PartialGate
View
Creek/StreamPastureRural
Other structures
No Building

Systems

Water
Public
Sewer
Septic Needed
Utilities
Sewer Available

Lot and HOA

Lot features
Corner LotNot In SubdivisionRural - Not Subdivision
Zoning
Ag

Schools

Elementary school
Deer Meadow Primary School
Middle school
Greencastle Middle School
High school
Greencastle Senior High School
School district
Greencastle Community School Corp

Taxes

Estimated annual tax
$2,212 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$6,330per month, estimated
Principal and interest $5,746Property tax $184Insurance $399
20% · $228,000
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$1,140,000
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