1 of 39

4049 S County Road 550 E

Greencastle, IN 46135

3 beds
2 baths
3,020 sqft
~1 acre lot
$0 per sqft
1960 build

Charming 1960 Traditional Home on 1.38+/- Acres - Public Auction March 4th, 6:30pm. Discover the potential in this 3-bedroom, 2-bathroom traditional home situated on 1.38+/- acres. This estate home offers a unique layout with multiple living spaces and abundant storage. Step inside to find a formal living room with a gas log fireplace, a formal dining room, and a large den with a second gas log fireplace. The primary suite is privately located upstairs off the dining room, featuring its own full bathroom and multiple closets. The kitchen offers ample cabinetry, a pantry, and all appliances-including a rare indoor grill-will remain. The second bedroom, accessed via a separate staircase from the den, features sliding glass doors leading to a private balcony with a spiral staircase to the backyard. The third bedroom is conveniently located on the main level with its own full bathroom and walk-in closet. The property also includes:1.38+/- acres, offering space and privacy. 23x20 two-car detached garage with an asphalt driveway to the west of the house. 40x20 three-car detached garage, featuring a 22x20 finished space previously used as a salon, an additional 14x8 room, and a half bathroom. This home needs work and is being sold as-is. The condition of all property components is unknown. Appointments are now being scheduled. Open House: Monday, March 3rd | 12:00-5:00 PM. This property will be sold at public auction on March 4th at 6:30 PM on-site. A 10% buyer's premium is due on the day of the auction if you are the winning bidder. Additionally, personal property will be available for purchase online. For a full list of items, visit our website. Don't miss this opportunity-mark your calendar and come see the potential for yourself!

Listing courtesy of MIBOR / Freije Real Estate

Last checked: Checking… • Last updated Feb 18, 2025 •

MLS# 22020843 —

The Building

Year Built:

1960
New Construction:

false
Construction Materials:

Vinyl Siding
Architectural Style:

Farmhouse
Levels:

Two and a Half
Basement:

true
Basement:

Unfinished
Foundation Details:

Block
Patio And Porch Features:

Covered Patio, Covered Porch, Deck UP
Exterior Features:

Balcony, Barn Mini
Accessibility Features:

No
Direction Faces:

South
Green Certification:

No
Upper SqFt:

540
Building Area Total:

3356

Interior

Rooms:

7
Rooms Total:

7
Rooms Total:

7
Interior:

Bath Jack-n-Jill,Bedroom Other on Main,Living Room Formal
Interior Features:

Attic Access, Paddle Fan, Eat-in Kitchen, Pantry, Walk-in Closet(s)
Eating Area:

Formal Dining Room
Laundry Features:

In Basement
Fireplaces Total:

1
Fireplace Features:

Den/Library Fireplace, Gas Log, Living Room

Room Dimensions

SqFt:

3020
Main Level SqFt:

2480
Living Area:

3020

Location

Directions:

GPS Friendly
Latitude:

39.601578
Longitude:

-86.753656

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

671304201009000010
Acres:

1-3 Acres
Lot Features:

Rural - Not Subdivision, Mature Trees
Lot Size Acres:

1.38
Lot Size SqFt:

60,113 Sqft
Price Per Acre:

1
Property Condition:

Fixer
Additional Parcels:

false
View:

false
Waterfront:

false
Horse Amenities:

None

Listing Agent

Contact info:

Taxes

Tax Lot:

67-13-04-201-009.000-010
Tax Year:

2024
Semi Annual Property Tax Amt:

842

Beds

Beds:

3
Bedrooms:

3
Bedrooms Total:

3
Main Level Bedrooms:

1
# of Bedrooms Upper:

2

Baths

Baths:

2
Full Baths:

2
Full Baths:

2
Full Baths Main:

1
Full Baths Upper:

1

Heating & Cooling

Heating:

Forced Air, Gas
Cooling:

Central Electric

Utilities

Water Source:

Private Well
Solid Waste:

No

Appliances

Appliances:

Gas Water Heater, Kitchen Exhaust, Electric Oven, Refrigerator

Schools

Middle Or Junior School:

Greencastle Middle School
High School:

Greencastle Senior High School
High School District:

Greencastle Community School Corp

The Community

Subdivision Name:

No Subdivision
Association:

false

Parking

Parking Features:

Carport, Detached, Asphalt
Garage:

true
Garage Spaces:

4
Garage SqFt:

500

Monthly cost estimate

Asking price

$1

Expense	Monthly cost
Mortgage	$0
Taxes	$140
Insurance	N/A
Utilities	$197 See report
Total	$337/mo.^*
	^*This is an estimate

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From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

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Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
2/5/25 Feb 5, 2025	Listed / Active	MIBOR	$1

House For Sale

– Foreclosure

Cost Est.

$337/mo.

Listing provided by broker:

Hannah Knotts

Freije Real Estate

hannah@freijerealestate.com

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This house located in IN 46135 is currently for sale for $1. 4049 S County Road 550 E is a 3,020 square foot house with 3 beds and 2 baths. This house is in the attendance area of South Putnam High School.

Listing Courtesy of: MIBOR and Freije Real Estate.

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