4944 S County Road 240 W Greensburg, IN 47240
Property details
About 4944 S County Road 240 W
Lakefront Brick Ranch with Finished Walk-Out Basement on 2.41 Wooded Acres - Coveted Spot on Private Cottonwood Lake Opportunities to own property on private Cottonwood Lake don't come around often! This beautifully maintained 4-bedroom, 3-bath brick ranch with a fully finished walk-out basement offers over 3,500 sq ft of living space, perfectly positioned on a scenic 2.41-acre wooded lot with direct access to deep water. Inside, you'll find an open-concept layout with vaulted and tray ceilings, a formal dining room, and a spacious kitchen with a breakfast bar-ideal for entertaining or everyday living. The main level includes three bedrooms, including a luxurious primary suite with a whirlpool tub, stall shower, dual vanities, and walk-in closet. A large, low-maintenance Trex deck spans the entire length of the home and provides elevated views of the peaceful lake and surrounding trees-perfect for outdoor dining, relaxing, or taking in sunsets. The fully finished walk-out basement includes daylight windows, a spacious rec room with a gas fireplace, a fourth bedroom, a full bath, and a utility room with extra storage. Step outside to your private dock, equipped with electricity, where the water reaches approximately 12 feet deep just off the edge-ready for a slide, jumping dock, or summer fun with boats and floats. Additional highlights include a 3-car garage, abundant storage, and a quiet, end-of-road setting that offers privacy and serenity year-round. This exceptional home blends indoor comfort with the best of lake life in one of the area's most sought-after waterfront communities. Schedule your private showing today!
Highlights
Summary
- Full Bathrooms: 3
- Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave Hood, Electric Oven, Refrigerator
- Basement: Yes
- Interior: High Ceilings, Tray Ceiling(s), Vaulted Ceiling(s), Entrance Foyer, Paddle Fan, Walk-In Closet(s)
- Fireplace: Gas Log, Recreation Room
- Total Bedroom Count: 4
- Architectural Style: Ranch
- Heating: Geothermal
- Cooling: Central Air
- List Price: $680,000
- Price/SqFt: $193
- HOA Amount: $400 Annually
- Annual Tax Amount: $3,186
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 2003
- Living Area: 3,520 SqFt
- Lot Size: 2.41 Acres
- MLS Number: 22050792
- MLS Name: MIBOR
- Office Name: Better Homes and Gardens Real Estate Gold Key
- Listing Agent: Cindy Stockhaus
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Last updated on: 7/18/2025, 6:31:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $418,100 | $3,186 |
| 2022 | $397,500 | $3,210 |
| 2021 | $332,700 | $3,272 |
| 2020 | $274,700 | $2,454 |
| 2019 | $277,100 | $2,199 |
| 2018 | $279,600 | $2,085 |
| 2017 | $278,600 | $1,837 |
History based on county public records data.
Nearby schools
7
South Decatur Elementary School
Public District PK-6
4.5 mi
•9302 S County Road 420 W
7
Greensburg Elementary School
Public District PK-5
6.7 mi
•900 Big Blue Ave
7
North Decatur Elementary School
Public District KG-6
8.9 mi
•3300 N State Road 3
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,387. Typical income of Greensburg, IN residents is between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
New Country
Classic Country
Oldies
Frequently asked questions
About 4944 S County Road 240 W
The listing price of 4944 S County Road 240 W property is $680,000.
The property 4944 S County Road 240 W is a house located in Greensburg, Indiana, 47240.
Active Listing: 4944 S County Road 240 W is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4944 S County Road 240 W are: South Decatur Elementary School (GreatSchools Rating 7/10), Greensburg Elementary School (GreatSchools Rating 7/10), North Decatur Elementary School (GreatSchools Rating 7/10), Greensburg Community Jr High School (GreatSchools Rating 6/10), Batesville Middle School (GreatSchools Rating 7/10), Jennings County Middle School (GreatSchools Rating 4/10), South Decatur Jr-Sr High School (GreatSchools Rating 5/10), Greensburg Community High School (GreatSchools Rating 7/10), North Decatur Jr-Sr High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $3,186 (source: MLS/based on county public records data).
The property at 4944 S County Road 240 W has 4 bedrooms and 3 bathrooms.
The property 4944 S County Road 240 W is 3,520 SqFt (source: MLS/tax record).
The year of construction for 4944 S County Road 240 W is 2003.
This home is located at 4944 S County Road 240 W in Greensburg, IN and zip code 47240. This 3,520 square foot home, which was built in 2003, sits on a 2.41 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $680,000.
In June 2025 more than 6 listings in Greensburg, IN were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 10 were sold below. The number of listings in Greensburg, IN increased by 7.8% between May and June 2025. In June 2025 median list price was $229,000 and the average listing age was 39 days.