# 1651 E Us Highway 40, Greencastle, IN 46135

> **TL;DR:** commercial, $1,500,000, built 1987. Est. $8,023/mo. Listed 1717 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,500,000 |
| Year Built | 1987 |
| Lot Size | 213,008 sqft (4.89 acres) |
| Property Type | Commercial (Retail) |
| Status | Active |
| Days on Market | 1717 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $7,585 |
| Estimated Insurance | $438 |
| **Total** | **$8,023** |

## Nearby Schools

- **Middle:** South Putnam Middle School
- **High:** South Putnam High School

## Property Highlights

- Built in 1987
- 4.89 acre lot

## Description

### Agent Description
Corner lot with very high traffic count. Great location for any business. There two parcels one is 2.95A, the other is 1.94 acres total of 4.89 acres. There is a 60x42 pole barn with poured concrete floor and electric/heat and a huge over head service door built in 1987 and an older building built in 1960. Entrance with a turning lane on US Highway 40 and an entrance off of US 231. Front building left for possible boundary grandfather provisions.

## Location

- **Address:** 1651 E Us Highway 40, Greencastle, IN 46135
- **County:** Putnam
- **Coordinates:** 39.58497682, -86.81927416
- **Google Maps:** https://www.google.com/maps?q=39.58497682,-86.81927416

## Listing Agent

- **Name:** Mary Looper
- **Brokerage:** F.C. Tucker Advantage, Realtors
- **Broker Phone:** (765) 719-0877

## Photos

![1651 E Us Highway 40 - Photo 1](http://lh.rdcpix.com/a4400deaacecd02864210acdd7a13102l-f1711000995r.jpg)

![1651 E Us Highway 40 - Photo 2](http://lh.rdcpix.com/a4400deaacecd02864210acdd7a13102l-f519092682r.jpg)

![1651 E Us Highway 40 - Photo 3](http://lh.rdcpix.com/a4400deaacecd02864210acdd7a13102l-f3645398771r.jpg)

![1651 E Us Highway 40 - Photo 4](http://lh.rdcpix.com/a4400deaacecd02864210acdd7a13102l-f3533135849r.jpg)

![1651 E Us Highway 40 - Photo 5](http://lh.rdcpix.com/a4400deaacecd02864210acdd7a13102l-f1116462526r.jpg)

![1651 E Us Highway 40 - Photo 6](http://lh.rdcpix.com/a4400deaacecd02864210acdd7a13102l-f2249625930r.jpg)

![1651 E Us Highway 40 - Photo 7](http://lh.rdcpix.com/a4400deaacecd02864210acdd7a13102l-f2856330359r.jpg)

![1651 E Us Highway 40 - Photo 8](http://lh.rdcpix.com/a4400deaacecd02864210acdd7a13102l-f3741741550r.jpg)

![1651 E Us Highway 40 - Photo 9](http://lh.rdcpix.com/a4400deaacecd02864210acdd7a13102l-f2804436146r.jpg)

![1651 E Us Highway 40 - Photo 10](http://lh.rdcpix.com/a4400deaacecd02864210acdd7a13102l-f2576602236r.jpg)

![1651 E Us Highway 40 - Photo 11](http://lh.rdcpix.com/a4400deaacecd02864210acdd7a13102l-f2174781221r.jpg)

---

**MLS#:** 21837913 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/1651-e-us-highway-40-greencastle-in-46135-86d91fd27a0e4b60a5d2fabaea161617)

---

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