Listing courtesy of Keller Williams - Indy Metro South LLC · Listing agent: Chris Price · chrisprice@indypropertysource.com

Virtual tour
ActiveSite-Built Home

11985 State Highway 243 Road

$119,900

$64.32 / sq ft

Est. $834/mo

Cloverdale, IN 46120-8014

Original price $129,900 · Price reduced on September 21, 2026

  • Bank owned
  • 1.9 acres
  • 2-car garage
  • Fireplace
  • Basement
Bedrooms
3
Bathrooms
3
Living area
1,864 sq ft
Lot
1.85 ac
Year built
1965
Type
Site-Built Home
Listed
August 21, 2026
MLS #
202634331

About this home

Discover the potential of this large property featuring two homes, offering space, versatility, and an opportunity to create something truly special. The main home features a spacious living area, a galley-style kitchen with plenty of built-in cabinetry, and a walk-out basement with a large family room and wood-burning fireplace. The additional home offers even more flexibility, including a spacious basement family room. Both homes need repairs and updates, providing an opportunity to bring your vision to life and make the property beautiful to your tastes. A great opportunity for those looking for added space, a multi-generational setup, or an investment project.

Monthly payment estimate

$834/mo

Principal & interest
$656
Property taxes
$143
Homeowners insurance
$35
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One
Total rooms
16
Total area
3,728 sq ft
Finished area above grade
1,864 sq ft
Unfinished area below grade
1,864 sq ft
Below grade total
1,864 sq ft
Bedrooms above grade
3
Full baths, main level
2
Full baths, below grade
1
Basement
Walk-Out Basement
Flooring
Carpet, Laminate
Heating
Forced Air
Cooling
Central Air, Window Unit(s)
Fireplaces
1
Fireplace features
Family Room, Wood Burning
Laundry
In Basement
Interior features
Ceiling Fan(s), Workshop

Exterior & parking

Style
A-Frame
Construction
Block, Brick, Wood Siding
Foundation
Block
Garage spaces
2
Attached garage
Yes
Garage type
Attached
Garage sq ft
576 sq ft
Private pool
No
Other structures
Outbuilding
Other structures (2)
Greenhouse
Outbuilding 1
560 sq ft
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Irregular Lot, Part Wooded
Lot size (acres)
1.85 ac
Lot dimensions
284 X 284
Location type
Rural
County
Owen County
Township
Jackson
Platted
Yes
Planned unit development
No
Directions
GPS Friendly

Schools

Elementary school
Cloverdale
Middle school
Cloverdale
High school
Cloverdale
School district
Cloverdale Community Schools

Taxes & terms

Annual taxes
$1,720
Tax year
2025
Assessed value
$191,800
Tax exemptions
Homestead
Possession
At closing
Parcel number
60-03-21-200-410.000-019

Included in the sale

Included in sale
Range-Electric

Utilities

Water
City

Location

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$119,900

3 beds · 3 baths