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$217,900 $8,000on 11/18/2024

202 S Main Street Cloverdale, IN  46120

Property Description for 202 S Main Street Cloverdale, IN 46120

BACK ON MARKET - NO FAULT OF SELLER A TURN-KEY coffee shop with some history behind it. In 1920, a Sinclair gas station was built at 202 S. Main Street in Cloverdale. In the 1970’s Texaco bought the Sinclair station and it remained in business through the 1980’s. The building became many things after the gas tanks were removed (a car lot, offices for realtors and lawyers and storage for a local company). In 2022 transformation began for it to become a coffee shop. The office walls were taken down, ceilings returned to their original height and the building gutted. The electric service had already been upgraded by a previous owner, but a line was added to the existing panel for a hood vent and stove in the kitchen. A plumbing drain was added to the existing system in order to place a stainless steel 3-bay sink in the kitchen and water lines were added to the existing service for the sink, the espresso machine, and barista sink. The two existing bathrooms were remodeled to become ADA compliant. There is new insulation and drywall throughout, a beautiful ceiling fan in the center of the building helps circulate the heat and air conditioning. Upgraded lights create a cozy farmhouse feel and new Exit lights with battery back up power have been added above each of the self- closing doors. A top of the line espresso machine, coffee grinders and coffee brewers line the new counters in the barista area. An under counter cooler is placed for convenient drink preparation, ice maker, and an insta-hot water heater make the barista area well equipped for the daily operations. There is a hood vent hung in the kitchen and dual controls are wired into the kitchen. There is a forced exhaust unit for the hood in storage for the next owner to finish making the kitchen fully functioning. Heat reduction pipe is required to finish this install and would need to be done by the new owner and inspected per the building permit. New furnace was put in October 2019 and new A/C Unit in June 2020. All equipment, supplies, and furniture are being sold with the building and the building is being sold AS-IS.

Address:202 S Main Street Cloverdale IN 46120
Status:Active
on site: 146 days
Price:$217,900
Bathrooms:0
Year Built:1920
Lot Size:0.15
County: Putnam County
Township: Cloverdale
MLS #:202426971
Property Type:Retail

Lot Dimensions:6403
Directions:From I-70 Cloverdale Exit 41 take a left and onto US 231. Location is on the right hand sign past the Town Hall building.
Basement:No

Loan Price
$1,372
Price And Interest $1,137/month
Property Tax $144/month
MTG INS $0/month
HOME INS $91/month
Price
$217,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$144/month
Home Owner Insurance
$1,092 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/18/24 $225,900 $217,900 -3.54%

RoomSizeLevel
3rd Bedroom 2 x 1 Info Not Available
Den 1 x 1158 Info Not Available

Semi-Annual Property Tax:$864
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: None
Zip Code:46120

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

Listing provided courtesy of Bill Pursell with Area Realty Key Associates

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





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 2735 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.