Sitting down a long private driveway after a 2 1/2 mile drive back on a 1 lane road with a park like setting filled with wildlife and Yellowstone setting. This rustic ranch home is overlooking 50+ acres of Madison Hills Lake in your backyard. 2BR could be 3BR if you converted the pool room. Almost 20 acres of fenced pasture and woods with approx. 2 1/2 acre beautiful deep stocked pond in the side pasture with views from the gazebo. Storage shed along has its own electric panel for additional RV hookups with water so family campground in backyard. The drive into your home on a one lane road 2 1/2 miles back is like going thru Yellowstone Park with creek, turkeys and deer crossing your lane on the drive back to your driveway. The eagles dropping to the lake to grab a fish and the bobcat cry or the howl of the coyotes is just outside your door, and the geese and bullfrogs will invite you in also. The white pelicans are a site to see in the Spring. High fiber Spectrum was just installed. Appliances stay with the home propane range. Electric Heat pump but woodstove/cook oven for back up or assistance heat. Kinetico water system. Garage/outbuilding could be finished out easily and has new wood stove. Newer built carport barn for storing all your toys and then the additional farm barn with stalls. Alot of storage available and many possibilities. Raccoon Lake is not too far for additional fishing. Broker Owned. MUST BE ACCOMPANIED BY A REAL ESTATE BROKER. Seller will consider splitting home and workshop with 3 acres with access to lake for a lesser price of $350,000. Seller will possibly help with buyer financing with large enough down. Additional 17 acres with lake access and 2 1/2 acre very deep stocked pond built 3 years ago has its own electric and could get easement rights from the well from house because it is a very good well if split off but seller will not sell land before house selling and prefers to sell all together. Broker owned.
Active
Price cut: $75K (1/28)
$900,000
Greencastle, IN 46135
2beds
1,856sqft
Est.:
Residential, Single Family Residence
Built in 1977
19.57 Acres Lot
$-- Zestimate®
$485/sqft
$-- HOA
What's special
Propane rangeLong private drivewayViews from the gazeboKinetico water systemElectric heat pumpFamily campground in backyard
- 93 days |
- 322 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: February 04, 2026 at 02:19pm
Listing Provided by:
Beth Neeley 765-376-6240,
Down Home Real Est & Auction
Source: MIBOR as distributed by MLS GRID,MLS#: 22072269
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 195 Square Feet
- Dimensions: 13X15
Bedroom 2
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12X13
Kitchen
- Level: Main
- Area: 418 Square Feet
- Dimensions: 22X19
Living room
- Level: Main
- Area: 342 Square Feet
- Dimensions: 18X19
Utility room
- Features: Tile-Ceramic
- Level: Main
- Area: 49 Square Feet
- Dimensions: 7X7
Heating
- Electric, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Refrigerator, Gas Oven, MicroHood
Features
- Attic Access, Breakfast Bar, Hardwood Floors, High Speed Internet, Eat-in Kitchen, Pantry
- Flooring: Hardwood
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,856
- Total interior livable area: 1,856 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached, Gravel, RV Access/Parking, Storage, Workshop in Garage
- Garage spaces: 4
- Details: Garage Parking Other(Service Door)
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Storage, RV Hookup
- Fencing: Fenced
- Has view: Yes
- View description: Pasture, Pond, Rural, Trees/Woods, Water
- Has water view: Yes
- Water view: Pond,Water
- Waterfront features: Lake Front, Pond, Water Access, Water View, Waterfront
Lot
- Size: 19.57 Acres
- Features: Rural - Not Subdivision, Mature Trees, Wooded, See Remarks
Details
- Additional structures: Barn Pole, Storage
- Additional parcels included: 671001300014001011
- Parcel number: 671001300014002011
- Special conditions: As Is,Broker Owned
- Horse amenities: Barn, Hay Storage, Pasture, Stable(s), Tack Room
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Block, Slab
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1977
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Septic Tank
- Water: Well, Private
- Utilities for property: Electricity Connected, See Remarks
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Greencastle
Financial & listing details
- Price per square foot: $485/sqft
- Annual tax amount: $1,170
- Date on market: 11/7/2025
- Cumulative days on market: 94 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/28/2026 | Price change | $900,000-7.7%$485/sqft |
Source:  MIBOR as distributed by MLS GRID #22072269 Report a problem | ||
| 12/9/2025 | Price change | $975,000-2.5%$525/sqft |
Source: MIBOR as distributed by MLS GRID #22072269 Report a problem | ||
| 11/7/2025 | Listed for sale | $1,000,000+426.3%$539/sqft |
Source: MIBOR as distributed by MLS GRID #22072269 Report a problem | ||
| 3/24/2017 | Sold | $190,000$102/sqft |
Source: MIBOR as distributed by MLS GRID #21341984 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $80 +26.9% | $5,100 +21.4% |
| 2023 | $63 -13.4% | $4,200 +23.5% |
| 2022 | $73 -2.3% | $3,400 -12.8% |
BuyAbility℠ payment
Est. payment
$4,165/mo
Principal & interest
$3490
Property taxes
$360
Home insurance
$315
Climate risks
Neighborhood: 46135
Nearby schools
GreatSchools rating
- 7/10Tzouanakis Intermediate SchoolGrades: 3-5Distance: 3.7 mi
- 7/10Greencastle Middle SchoolGrades: 6-8Distance: 4.7 mi
- 6/10Greencastle Senior High SchoolGrades: 9-12Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Cloverdale Elementary School
- Middle: Cloverdale Middle School
- High: Cloverdale High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
- Loading
