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$3,350,000

  • 82.59 Acres
EXPLORE TUCKER LUXURY

Property Description for 0 Us 231 Cloverdale, IN 46120

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.

Address:0 Us 231 Cloverdale IN 46120
Status:Active
on site: 36 days
Price:$3,350,000
Bathrooms:0
Lot Size:82.59
County: Putnam
Township: Warren
MLS #:21894331
Property Type:Commercial Land

Lot Dimensions:1026274
Road Frontage:FrontageRd, Highway
Road Access:County Rd, Frontage Road, See Remarks
Road Surface:Asphalt
Zoning:commercial
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.

Loan Price
$18,929
Price And Interest $17,475/month
Property Tax $58/month
MTG INS $0/month
HOME INS $1,396/month
Price
$3,350,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$58/month
Home Owner Insurance
$16,752 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$350
Tax Year:2021
Other Disclosures:Other
Mandatory HOA Fee:$

Area: 6718 - Putnam - Warren
Subdivision: No Subdivision
Zip Code:46120

EXPLORE TUCKER LUXURY
Michelle Skillern, REALTOR®/Broker, F. C. Tucker Company
Michelle Skillern
Additional Phone (765) 719-0877
F.C. Tucker Company

Listing provided courtesy of Jay Minor with Whitetail Properties from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/20/2022 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.





Cloverdale Market Report

223
Avg. DOM

The house prices in Cloverdale are not dropping at the moment. There has been a increase in price of $44,477.57. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Cloverdale are going Up. The average house price is $252,000.00 and the average price per square feet is $200.07 per square feet. At the moment, the amount of homes listed is exactly 90 houses, with 28 with active status, 14 with pending status and 48 sold in Cloverdale .

The most popular place to buy a home in Cloverdale is 6722 - Putnam - Cloverdale. 6722 - Putnam - Cloverdale is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Cloverdale .

The average amount of property taxes you would have to pay for a home in Cloverdale is $985.71. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Cloverdale are staying listed for an average of 62 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Cloverdale was 4470 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Cloverdale is $1,490,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Cloverdale is $39,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Cloverdale in year 1876 and the newest built house is in year 2024.

The average size of properties in Cloverdale is 1912.68 sq.ft. , the biggest one being 3958 sq.ft. and the smaller being 896 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.