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New Construction Homes for Sale in Greencastle, IN

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  • /22

    $275,000 Lot/Land

    1158 W US Hwy 40, Greencastle, IN 46135

    • 10.5 Acres
    • $26,190 per Acre

    10.5 beautiful acres along Deer Creek in Putnamville, Putnam County, Indiana. Once a working sawmill, the property now offers endless possibilities with three barns/outbuildings, horse stalls, and an outdoor training area - perfect for equestrian lovers, hobby farmers, or entrepreneurs. Enjoy the peace and privacy of rural life while staying conveniently located between Terre Haute and

    Agent Photo

    Brandon Halleck

    CENTURY 21 ELITE

    (765) 735-3825

    1158 W US Hwy 40, Greencastle, IN 46135
  • /5

    $199,999 Lot/Land

    68 Ridgeland Rd, Greencastle, IN 46135

    • 0.3 Acre
    • $666,663 per Acre

    Prime development opportunity! This package of 7 adjoining lots (totaling .83 acres) is already zoned for condos and ready for a builder's vision. With utilities already put in, curb cutouts in place, and individual addresses already assigned, the heavy lifting has been done-just bring your plans. Room for 7 units, with the potential for basements on 3 of the lots, makes this an ideal project for

    Breanna Hunsicker The Stewart Home Group

    68 Ridgeland Rd, Greencastle, IN 46135
  • /5

    $75,000 Lot/Land

    0 Longcastle Dr Unit MBR22035556, Greencastle, IN 46135

    • 2.56 Acres
    • $29,297 per Acre

    John Wood John Wood

    0 Longcastle Dr Unit MBR22035556, Greencastle, IN 46135
  • /30

    $395,000 Lot/Land

    0 Vacant Land Unit 108820, Greencastle, IN 46135

    • 30 Acres
    • $13,167 per Acre

    Looking for 30 +/- acres with 2 ponds with one spring fed, 7 acres of pasture, 15 acres of woods but just 10 mins from Greencastle? Then this is the one for you. This property offers impressive infrastructure, including a 24x30 detached garage with 400-amp service and a 36x60 Poplar wood barn complete w lean-to & metal roof -providing ample space for storage, hobbies & workshop space. This

    Brandon Sneath A & B HOMES

    0 Vacant Land Unit 108820, Greencastle, IN 46135
  • /8

    $99,900 Lot/Land

    000 W County Road 350 N, Greencastle, IN 46135

    • 3 Acres
    • $33,300 per Acre

    Escape to the peace and privacy of rural Putnam County with this gorgeous 3-acre wooded lot, offering the perfect setting for your dream home or mini-farm. With no covenants or restrictions, you'll enjoy the freedom to build and live the way you choose-without the limitations of a subdivision. Conveniently located near US Highway 231, this property provides easy commuting to Greencastle,

    Eric Wolfe Prime Real Estate ERA Powered

    000 W County Road 350 N, Greencastle, IN 46135
  • /5

    $19,900 Lot/Land

    0 Shadowlawn Ave, Greencastle, IN 46135

    • 0.41 Acre
    • $48,537 per Acre

    You'll love this beautiful wooded lot just under half an acre in the City of Greencastle in the desirable Deer Field Estates subdivision. It is a short walk from Deer Meadow Elementary School with the People Pathways walking trail running along the west side of the property. Great lot for recreation, mushroom hunting and wildlife viewing. Over 5 acres of wooded public property owned by the City

    Eric Wolfe Prime Real Estate ERA Powered

    0 Shadowlawn Ave, Greencastle, IN 46135
  • /10

    $1,800,000 Lot/Land

    0 250 E, Greencastle, IN 46135

    • 106.36 Acres
    • $16,924 per Acre

    Don't miss this rare opportunity to own approximately 100 acres of prime tillable land just minutes from Greencastle city limits. Featuring roughly 5 acres of trees and a pond, This expansive property is ready for your future farming needs and offers the perfect blend of rural charm and convenient access to town. Join Greencastle's hardworking and welcoming farming community-properties like this

    Eric Wolfe Prime Real Estate ERA Powered

    0 250 E, Greencastle, IN 46135
  • /3

    $45,000 Lot/Land

    00 Valley Dr, Greencastle, IN 46135

    • 2.16 Acres
    • $20,833 per Acre

    7 Lots for Sale that total 2.16 acres. 7 lots combined have approximately 429 foot of frontage and the depth is 185-200 feet. Lots 21 through 27. Municipal Water in Neighborhood. Come see! You could enjoy the quiet this neighborhood has to offer and the beautiful scenery with access to stocked lakes year round. Easy access to US 40, 231, I70.

    Karen Lewis Karen Lewis Realty LLC

    00 Valley Dr, Greencastle, IN 46135
  • /30

    $395,000 Lot/Land

    0 Vacant Land 525 South St, Greencastle, IN 46135

    • 30 Acres
    • $13,167 per Acre

    Looking for 30 +/- acres with 2 ponds with 1 spring fed, 7 acres of pasture, 15 acres of woods but just 10 mins from Greencastle? Then this is the one for you. This property offers impressive infrastructure, including a 24x30 detached garage with 400-amp service and a 36x60 Poplar wood barn complete w lean-to & metal roof -providing ample space for storage, hobbies & workshop space. This property

    Brandon Sneath A & B Homes

    0 Vacant Land 525 South St, Greencastle, IN 46135
  • /6

    $500,000 Lot/Land

    0 Us Highway 231 N Hwy, Greencastle, IN 46135

    • 32.7 Acres
    • $15,291 per Acre

    Own your own slice of land, build your dream home, or develop into a multi-generational homestead. This property has 3 parcels totaling 32.70 acres, with city water and electrical on site. It is zoned residential, and in Greencastle Community School district.

    Jana Fogle Sillery Fogle Real Estate

    0 Us Highway 231 N Hwy, Greencastle, IN 46135
  • /2

    $1,624,000 Lot/Land

    250 East St, Greencastle, IN 46135

    • 55.91 Acres
    • $29,047 per Acre

    Don't miss this rare opportunity to own acreage in Greencastle. This versatile property offers excellent investment potential and is ideally located along the city limits. It may be eligible for future city utilities or can be maintained as fully tillable farmland, providing flexibility for a variety of uses.

    Eric Wolfe Prime Real Estate ERA Powered

    250 East St, Greencastle, IN 46135
  • /2

    $99,900 Lot/Land

    400 W Rural Plat Lot 2, Greencastle, IN 46135

    • 5 Acres
    • $19,980 per Acre

    Great 5-acre building lot Southwest of Greencastle. No clearing needed, ready to build on. Municipal water available, septic required. Covenants and Restrictions do apply. Minutes from I-70, and U.S. 40.

    Mike Dean Carpenter, REALTORS®

    400 W Rural Plat Lot 2, Greencastle, IN 46135
  • /3

    $1,773,323 Lot/Land

    0 U S 231 Unit MBR22044030, Greencastle, IN 46135

    • 136.42 Acres
    • $12,999 per Acre

    Great possibilities with this property! Consists of two Parcels totaling 136.42 Acres. 100+ acres tillable with the balance in woods. Great building sites for multiple homes. The front parcel has a Morton 36X45 pole barn. If your looking for seclusion and privacy, with deer and turkey, you won't want to miss this one!

    Roger Cloncs Wall and Associates

    0 U S 231 Unit MBR22044030, Greencastle, IN 46135
  • /17

    $1,140,000 Lot/Land

    000 S Co Road 250 E, Greencastle, IN 46135

    • 69.14 Acres
    • $16,488 per Acre

    Discover the perfect blend of country living and convenience with this beautiful 69-acre farm property located just outside the east side of Greencastle. With paved road frontage and easy access to State Road 240, the property offers an ideal location for commuting while remaining just minutes from local shopping, dining, Big Walnut Sports Park, schools and other amenities. The land features

    Eric Wolfe Prime Real Estate ERA Powered

    000 S Co Road 250 E, Greencastle, IN 46135
  • /3

    $99,900 Lot/Land

    400 W Rural Plat Lot 1, Greencastle, IN 46135

    • 5 Acres
    • $19,980 per Acre

    Great 5-Acre building lot Southwest of Greencastle. No clearing needed, ready to build on. Municipal water available. Septic required. Covenants and restrictions do apply. Minutes from I-70, and U.S. 40.

    Mike Dean Carpenter, REALTORS®

    400 W Rural Plat Lot 1, Greencastle, IN 46135

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Greencastle, IN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Greencastle, IN hold their value?
Yes, especially in fast-growing areas of Greencastle, IN. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Greencastle, IN

Housing Trends

Median Sale Price
$210,000
Median Single Family Sale Price
$215,000
Median 2 Bedroom Sale Price
$200,000
Average Price Per Sq Ft
$138
Number of Homes for Sale
19
Last 12 months Home Sales
136
Months of Supply
1.70
Median List Price
$224,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
0%
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