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4943 E County Road 550 South S

Greencastle, IN 46135

ActiveListed Sep 9, 2026 · 42 days on market

Key facts

Beds
3
Baths
2 full · 1 half
Living area
2,240 sqft
Lot
13.82 acres
Year built
1968
Type
Residential · Single Family Residence
Stories
One
Garage
4 spaces
MLS #
22125028
County
Putnam
Subdivision
No Subdivision

About this home

A rare opportunity to own nearly 14 acres of beautiful Putnam County countryside, this exceptional brick ranch offers a distinctive combination of timeless character, modern updates, and breathtaking natural surroundings. Mature trees frame the property and create a private, picturesque setting where families of deer can often be seen roaming the land. Inside, the 3-bedroom, 2.5-bath home features a fully finished walkout basement and an extensive list of recent improvements, including a roof, furnace, central AC, and water heater- all less than five years old. Fresh interior and exterior paint provide a beautifully refreshed feel throughout. The grounds offer a lifestyle all their own, with a newly stained deck overlooking the property, a backyard fire pit perfect for gathering with family and friends, and endless opportunities to enjoy spectacular sunsets and starlit evenings. An attached 2-car garage and additional 2-car carport provide generous covered parking, while the newly finished pole barn offers exceptional space for a workshop, hobbies, storage, or recreation. Peaceful, private, and surrounded by nature, this remarkable property offers the rare combination of space and serenity while providing all the comforts of a thoughtfully updated home.

Description provided by the listing brokerage.

Interior

Appliances
Gas Water HeaterMicrowaveGas OvenRefrigerator
Interior features
Kitchen IslandEat-in KitchenWalk-In Closet(s)
Kitchen
Kitchen Updated
Other rooms and areas
Laundry in UnitUtility Room
Flooring
Hardwood
Basement
Finished CeilingFullWalk-Out Access
Laundry
Connections AllLaundry RoomIn Basement
Windows
Vinyl Windows
Rooms
6
Main-level bedrooms
1

Exterior

Exterior features
BalconyBarn PoleStorageFire PitStorage Shed
Patio and porch
Deck
Construction
Brick
Foundation
Block
Style
Ranch
Parking and garage
AttachedCarportConcreteGravel
Fencing
Partial
Other structures
Outbuilding

Systems

Heating
Forced AirPropane
Cooling
Central Air
Water
WellPrivate
Utilities
Electricity ConnectedSeptic System

Lot and HOA

Lot features
Not In SubdivisionMature TreesWooded

Schools

Middle school
South Putnam Middle School
High school
South Putnam High School
School district
South Putnam Community Schools

Taxes

Estimated annual tax
$1,784 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,925per month, estimated
Principal and interest $2,596Property tax $149Insurance $180
20% · $103,000
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$515,000
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