Opportunity Zone! This property is located in an Opportunity Zone and may qualify for certain tax incentives/tax deferment. A very unique and rare investment opportunity in a prime area hungry for services! The interchange at I-70 and State Road 231 commonly known as the Cloverdale/Greencastle exit is a huge artery for traffic coming and going to Greencastle (DePauw University) and beyond from the north. Currently there are no amenities for food and fuel on the north side of this very busy interchange. This property has frontage right on 231 on the east side (north-bound) lane and is ideally located less than a 1/5 mile from I-70. There are currently city water and electricity utilities located at the road. Prime location for a business.
Property Details
Property Features
Listing Office:
Office Name: Whitetail Properties
Office Email: jay.minor@whitetailproperties.com
Listing Agent: Jay Minor
Lot Features
Lot Information:
Lot Size: 82.59 Acres
Other
Directions Information:
Directions: From I-70 take the US 231 exit North, also known as Cloverdale/Greencastle exit, just a few seconds north and property sits on eastside of 231, also can be accessed from High Street.
Price Information
Listing Price Info
Price Summary:
List Price: $3,350,000
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Housing Market Comparison
See how this home compares to others in Cloverdale, IN.
This property is $3.1M more than the Median Sold Price in Cloverdale, IN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MIBOR
MLS Number: #21894331
Listing Office:
Office Name: Whitetail Properties
Office Email: jay.minor@whitetailproperties.com
Listing Agent: Jay Minor
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
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Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Central Elementary School
1888 E US Highway 40
Distance between this listing and this school0.44 miles
Public District Grades KG-5
6
/10
Cloverdale Elementary School
311 E Logan St
Distance between this listing and this school4.65 miles
Public District Grades PK-4
6
/10
Tzouanakis Intermediate School
500 Linwood Dr
Distance between this listing and this school5.58 miles
Public District Grades 3-5
Nearby Schools
6
/10
South Putnam Middle School
1780 E US Highway 40
Distance between this listing and this school0.44 miles
Public District Grades 6-8
5
/10
Greencastle Middle School
400 Percy L Julian Dr
Distance between this listing and this school4.59 miles
Public District Grades 6-8
5
/10
Cloverdale Middle School
312 E Logan St
Distance between this listing and this school4.71 miles
Public District Grades 5-8
Nearby Schools
8
/10
South Putnam High School
1780 E US Highway 40
Distance between this listing and this school0.44 miles
Public District Grades 9-12
5
/10
Cloverdale High School
205 E Market St
Distance between this listing and this school4.67 miles
Public District Grades 9-12
5
/10
Greencastle Senior High School
910 E Washington St
Distance between this listing and this school4.79 miles
The neighbors living near this home have an average income of $58,602. Residents of Cloverdale, IN typically earn between $35k-100k each year. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 US-231
What is the listing price of this property?
The listing price of 0 US-231 property is $3,350,000.
What type of property is this?
The property 0 US-231 is land located in Cloverdale, Indiana, 46120.
Is this property for sale now?
Active Listing: 0 US-231 is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 0 US-231 in Cloverdale, IN and zip code 46120. This home sits on a 82.59 acre lot. It has been listed on Rocket Homes since November 21, 2022 and is currently priced at $3,350,000.
In October 2024, from all listings sold in Cloverdale, IN there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. The number of listings in Cloverdale, IN decreased by 17.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $235,000, while the average time on the real estate market was 24 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
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