Listing provided courtesy of Prime Real Estate ERA PoweredMLS# MBR22100793MLS Provider
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Opportunity awaits with this 2-bedroom, 1-bath home situated on a nearly half-acre lot in a highly visible and convenient Greencastle location. With frontage on both Washington Street and Franklin Street and located next to Dairy Castle, this property offers excellent potential for renovation, investment, or future redevelopment. The main level features a traditional layout with a formal living room with hardwood floors and fireplace, a formal dining room with hardwood flooring, kitchen, mud room, sitting room, full bathroom, and two main-level bedrooms. Upstairs, you'll find an additional bedroom along with a walk-in attic space that could provide extra storage or the opportunity to finish additional living space, bonus room, or another bedroom. The basement offers room for storage and laundry space. Outside, the property includes a small one-car garage/shed, covered back porch, mature trees, and a spacious yard with plenty of room for outdoor use or future improvements. Conveniently located within walking distance to the high school, grocery store, downtown Greencastle, and the DePauw University campus, this property combines location and potential in one package. The home does require significant repairs and updates and is being sold as-is, making it ideal for investors, flippers, or buyers looking for a project with upside potential. Bring your vision and restore this property to its full potential.

Source: MIBOR, MLS#: MBR22100793

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  • Property Type
    Residential
  • Lot
    0.40 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 735 E Washington Street


Schools

School data unavailable,
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/8/2026Source: MIBOR Added to Database
May 08, 2026