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Property Description

Great opportunity to add a cash-flowing asset to your investment portfolio in Greencastle, Indiana! This 3-bedroom, 1-bath home offers 954 square feet of living space and sits on a manageable .13-acre lot, making it an ideal low-maintenance rental property. The property features a covered front porch, a gravel driveway for off-street parking, and an attached storage area for added convenience. Mature trees provide ample shade for outdoor enjoyment. The compact lot size helps keep upkeep costs low while still offering outdoor space. This property presents a solid opportunity for both seasoned investors and those looking to enter the rental market. Whether you're expanding your portfolio or looking for a manageable first investment, this Greencastle property offers a practical and affordable option. The home is currently tenant occupied with a month-to-month tenant in place, providing immediate income with flexibility for a new owner's future plans. Continue renting as-is for steady income, or explore value-add potential through updates and improvements over time.

Overview

Property Status
Sold
Date Sold
February 2, 2026
Lot Size
5,663 Sq.Ft.
MLS ID
22080521
Property Type
Residential
Year Built
1900

Features & Amenities

Total Area
954 Sq.Ft.
Neighborhood
Greencastle
Architecture Styles
Bungalow
Stories
1
Water Source
Public
Utilities
Natural Gas Connected
Lot Features
Mature Trees
Parking
Gravel
Heat Type
Natural Gas
Air Conditioning
Window Unit(s)
Appliances
None
Other Interior Features
Eat-in Kitchen, Wood Work Painted
Substructure
Slab
Middle School
Greencastle Middle School
High School
Greencastle Senior High School
School District
Greencastle Community School Corp
Sales Price
$55,000

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205 W Jacob Street

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for your interest in 205 W Jacob Street, Greencastle, IN 46135

205 W Jacob Street
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  • CallStephanie Feltner

    License #RB170000194

    (765) 791-2223
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