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$145,000735 E Washington Street
For Sale1 days on market

735 E Washington Street

Greencastle, Indiana 46135

No Subdivision

3

Beds

1

Baths

1,567

Sq Ft

1935

Year Built

0.4

Acres

Sheldon Barnes, Carmel Realtor

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ABOUT THIS HOME

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.

Listed by Eric Wolfe· Prime Real Estate ERA Powered· MLS# 22100793

Key things to know

  • Fireplace
  • Basement

Monthly payment

Estimate · $145,000

$868/mo

$772 principal & interest · $96 tax

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $29,000 on a loan of $116,000.

Price history

  1. Listedat $145,000

    May 8, 2026

Comparative value

5 comps in this range

This home is 40% below median for similar nearby sales.

$210K$315KMedian $240K
$145K

Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.

FEATURES & AMENITIES

Interior

Hardwood FloorsHi-Speed Internet AvailblWoodWorkStain/Painted

Exterior

Storage Shed

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $145,000Listed· May 8, 2026

1 days on market

Layout

Main
216 rooms1,074 sq ft
Upper
11 rooms493 sq ft

Primary bath

Tub Full

Schools

Greencastle Community School Corp

    Neighborhood

    • Downtown Indianapolis37.8 mi
    • Zionsville Community HS38.7 mi
    • Carmel Central Park42.8 mi
    • Monon Trail (Carmel)44.5 mi
    • Carmel High School44.9 mi
    • Clay Terrace44.9 mi

    PROPERTY DETAILS

    Combined data from the listing and Hamilton County records

    Living Area

    1,567 sq ft

    Year Built

    1935

    Stories

    One and One Half

    Subdivision

    No Subdivision

    Bedrooms

    3

    Bathrooms

    1 full

    Garage

    1 spaces

    School District

    Greencastle Community School Corp

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