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305 E Washington

Greencastle, IN 46135

ActiveListed Aug 21, 2026 · 38 days on market

Key facts

Beds
3
Baths
2 full · 1 half
Living area
3,164 sqft
Lot
0.3 acres
Year built
1900
Type
Residential · Single Family Residence
Stories
Two
Garage
2 spaces
MLS #
22121520
County
Putnam
Subdivision
No Subdivision
Total building area
4,034 sqft

About this home

Discover timeless charm and incredible versatility in the heart of Greencastle! Located just blocks from DePauw University, downtown dining, charming shops, seasonal festivals, and the farmers market, this beautiful Victorian offers character, convenience, and exceptional income potential. Currently operating as a fully equipped hair and nail salon, the property is ready for its next chapter-continue the thriving salon concept, utilize it as an Airbnb or rental investment, or restore it to an impressive private residence. The salon includes six available styling booths and a nail station, complemented by intricate woodwork, abundant natural light, and beautiful period details throughout. A spacious covered front porch creates a warm and welcoming entrance. The property also features two currently leased apartments: a newly remodeled one-bedroom, one-bath unit at the rear and a charming Victorian-style two-bedroom, one-bath apartment upstairs, providing immediate rental income. A large parking area behind the building offers ample space for clients and tenants, with potential room for future expansion. This distinctive mixed-use property is truly filled with possibilities!

Description provided by the listing brokerage.

Interior

Appliances
Electric Oven
Interior features
Attic AccessEntrance FoyerHi-Speed Internet Availbl
Flooring
Hardwood
Accessibility
Accessible DoorsAccessible Entrance
Rooms
3
Main-level bedrooms
1
Condition
Updated/Remodeled

Exterior

Patio and porch
Wrap Around
Construction
Wood Siding
Foundation
Concrete Perimeter
Style
Victorian
Parking and garage
AttachedGravel

Systems

Heating
ElectricNatural Gas
Cooling
Central Air
Water
Public

Schools

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

Taxes

Estimated annual tax
$4,032 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,438per month, estimated
Principal and interest $1,965Property tax $336Insurance $136
20% · $77,980
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$389,900
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