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Baths
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Sq. Ft.
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per Sq. Ft.

Description

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....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.
  1. Listed by Jay Minor • Whitetail Properties
  2. Listed by William Minor • Whitetail Properties

Property Details for 0 Us 231

Subdivision Name
No Subdivision
Township
Warren
Zoning
commercial
LISTING UPDATED: 11/10/2025 11:01 AM

Property Details for 0 Us 231

StatusActive
MLS #21894331
Days on Market1144
Taxes$350 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass Type-
MLS Type-
Year Built-
Lot Size82.59 AC / 3,597,620 SF
CountyPutnam County

Location

Listing Courtesy of Whitetail Properties
Add your commute

Building Information for 0 Us 231

Stories-Residences-Year Built-Lot Size82.59 AC / 3,597,620 SF

Payment Calculator

$16,386 per month

30 year fixed, 6.15% Interest

Principal and Interest

$16,327

Property Taxes

$58

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 Us 231

Summary
Location and General Information
  • City: Cloverdale
  • County Or Parish: Putnam
  • 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.
  • Postal Code: 46120
  • Road Access: County Rd,Frontage Road,See Remarks
  • Road Frontage Type: FrontageRd, Highway
  • State Or Province: IN
  • Topography: Level,Sloping,Wooded
Taxes and HOA Information
  • Parcel Number: 671225100006001017
  • Semi Annual Property Tax Amt: 350
  • Tax Exemption: Other Tax Exemption/See Remarks
  • Tax Year: 2021
  • Additional Parcels Description: 67-12-25-100-006.002-017,
  • TaxLot: 82.59
School Information
  • School District: South Putnam Community Schools
Property
Lot Information
  • Acreage: >20 Acres
  • Land Characteristics: Wooded,See Remarks,Other
  • Lot Size Square Feet: 1026274.0
  • Lot Size Acres: 82.59
  • MLS: MIBOR
  • New Construction: False
  • Other Structures: Not Applicable
  • Soil Type: Other
  • Sq Ft Total: 0.0
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: Not Applicable
  • Divisible: No
  • DPRYN: No
  • Legal Subdivision: PT NE S25 T13 R4 23.56A, PT NE S25 T13 R4 20.28A, PT NE S25 T13 R4 38.75A
  • Photos Count: 19
  • Present Zoning: Agricultur,Commercial,Planned Development,Other
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Type: Agric Land,Multiple,Undeveloped
  • Transaction Type: Sale
Utilities
  • Facilities Near: Electric,Water
  • Facilities On: Not Applicable
  • Sewer: Other
  • Solid Waste: No
  • Water: Municipal Water Near By
Interior and Exterior Features
Exterior Features
  • Horse Amenities: None
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Total Rooms: 0
Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Count: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0

Property History for 0 Us 231

DateEvent & SourcePriceAppreciation
Nov 21, 2022

Listed (Active)

MIBORMLS #21894331

$3,350,000—
Nov 3, 2022

Expired

MIBORMLS #21750702

—
Nov 3, 2020

Listed (Active)

MIBORMLS #21750702

$3,350,000—
Sep 17, 2019

Expired

MIBORMLS #21551853

—
Mar 17, 2018

Listed (Active)

MIBORMLS #21551853

$150,000—
Mar 15, 2018

Expired

MIBORMLS #21544876

—
Feb 2, 2018

Listed (Active)

MIBORMLS #21544876

$150,000—
Feb 1, 2018

Expired

MIBORMLS #21470885

—
Mar 13, 2017

Listed (Active)

MIBORMLS #21470885

$150,000—
DateEvent & SourcePrice
11/21/2022

Listed (Active)

MIBORMLS #21894331

$3,350,000
11/03/2022

Expired

MIBORMLS #21750702

—
11/03/2020

Listed (Active)

MIBORMLS #21750702

$3,350,000
09/17/2019

Expired

MIBORMLS #21551853

—
03/17/2018

Listed (Active)

MIBORMLS #21551853

$150,000
03/15/2018

Expired

MIBORMLS #21544876

—
02/02/2018

Listed (Active)

MIBORMLS #21544876

$150,000
02/01/2018

Expired

MIBORMLS #21470885

—
03/13/2017

Listed (Active)

MIBORMLS #21470885

$150,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 Us 231

This home is within South Putnam Community Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Central Elementary School
PublicK to 5

South Putnam Middle School
Public6 to 8

South Putnam High School
Public9 to 12

Fillmore Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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0 Us 231 is for sale in Cloverdale, IN 46120. This property was listed for sale on November 21, 2022 by Whitetail Properties, it's currently listed at $3,350,000. This listing's school district is South Putnam Community Schools. Nearby schools include Central Elementary School, South Putnam Middle School and South Putnam High School. 0 Us 231 is a 0-bed, 0-bath, .

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Whitetail Properties

Based on information submitted to the MLS GRID as of 11/10/2025 11:01 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ 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 data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.