6916 N County Road 490 W Greencastle, IN $ 299,900
6916 N County Road 490 W
$ 299,900
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6916 N County Road 490 W

Greencastle, IN, 46135
$ 299,900
Baths0.0 Sq 6,560

Monthly Estimate*

$ 2,095

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Studio

Commercial Property for sale in Greencastle, IN

for $299,900. This 6,560 square foot building was built in 1949 on a lot size of 2.5.

Don't miss out on this really unique historic property with an unlimited amount of potential that once served as a township school house and later the site of the Morton Sale Barn. This great property has an old 2-story school house on it that could be a one-of-a-kind personal home, an Airbnb, office space, workshop, or even a haunted house! The building needs repairs but the owner has made many investments that have moved the property in the right direction. Sharing the lot are two large barns. Front barn measures 60'x180' with high ceilings, new electrical, new lights and recently poured gravel floor. The back barn measures 30'x96' sitting on a concrete floor. The front barn is currently being leased as seasonal boat and RV storage while the back barn would make perfect horse stalls. This property was highly visited last year during the Covered Bridge Festival as it sits right off US HWY 36 and was a perfect site for vendors during the festival. The owner had over 48 vendors display and sell their goods on property during last year's festival and knows this year's festival could see even more interest from vendors and shoppers alike. Some have asked about this property serving as a horse farm. It could be a perfect location for that with a smart investment made in this facility. The small barn could be used to house horses and the larger barn would be a perfect indoor training facility with a new floor surface. There would be room outdoors to create a wonderful training area there as well with some work. This property can be entered from both the east and the west side with a drive that pulls all the way through the property for easy access. Further information about the covered bridge festival booth rentals and boat and RV storage revenues can be provided to prospective buyers.

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Commercial Active

Price

$ 299,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,608

Style

Mixed Use

Lot Size

2.5

Year Built

1949

Town/City

Greencastle

County/Region

Putnam

MLS | Web ID

21962874

Features
General
Utilities Electricity Connected See Remarks
Possession Closing
Roof Fiberglass
Zoning Residential
Year Built 1949
Stories 2
Township Clinton
Levels Two
Property SubType Mixed Use
Tax Year 2023
Current Use See Remarks
Building Name Old Clinton Township School House
County Putnam
New Construction N
Property Type Commercial Sale
Facing Direction East
Possible Use See Remarks
Status Active
Directions GPS Friendly
High School South Putnam High School
City Greencastle
Buyer Agent Compensation 3
High School District South Putnam Community Schools
MLS Area 6706 - Putnam - Clinton
Lot Size Square Feet 108900
Waterfront Y/N N
Street Name County Road 490
Property Attached Y/N N
Current Financing Conventional
Middle/Junior High School South Putnam Middle School
Days on Market 2
Standard Status Active
Tax Lot 67-04-11-202-029.000-001
Buyer Agent Compensation Type %
Legal Description Pt Nw Sec 11 T 15 R5 2.50A
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Exterior
Parking Features Common Gravel Guest Parking Rear/Side Entry
Building Area Total 6560
Lot Size Acres 2.5
Road Surface Type Concrete
Road Frontage Type County Road
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Interior
Basement (Y/N) N
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* Excluded Features
List By
F.C. Tucker Company

Broker

Matt.Steward@talktotucker.com

Email

Affordability Calculator

$2,229
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,095
Monthly Property Taxes
$134
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4045198 Elementary School
4062384 Middle School
South Putnam High School High School
Pricing History
DatePricePrice ChangeDescription
2/8/2024$299,900 Listed Price

Map


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6916 N County Road 490 W, Greencastle, IN, 46135 is a Commercial Property for sale at $299,900 with 6,560 sqft and a lot size of 2.5. 6916 N County Road 490 W is a studio with 0.0 baths and was built in 1949. The property's zip code is 46135 which is in Greencastle, IN