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205 W Jacob Street, Greencastle, IN 46135

$55,000
: 3
BD
: 1
BA
: 954
SqFt

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Sold Price: $55,000
List Price: $62,000
Closing Date: Feb 02, 2026
MLS#: 22080521
Property Type: Residential
Bedrooms: 3
Bathrooms: 1
Sqft. of Residence: 954
Year Built: 1900
Days on Market: 15
Status: SOLD

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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.

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Additional Information

Foundation: Slab
Stories: One
Architecture: Bungalow
Interior: Eat-in Kitchen, Wood Work Painted
Acres: 0.13
Heat: Natural Gas
Cooling: Window Unit(s)
Financing: Conventional
Appliances: None
Semi-Annual Taxes: $506
Garage Parking: Guest Street Parking
Region: Greencastle
Areas: Laundry in Unit
Eating Areas: Dining Combo/Kitchen