Key facts
- Lot
- 82.59 acres
- Type
- Land · Unimproved Land
- MLS #
- 21894331
- County
- Putnam
- Subdivision
- No Subdivision
About this home
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.
Description provided by the listing brokerage.
Exterior
- Other structures
Lot and HOA
- Zoning
- commercial
Schools
- School district
- South Putnam Community Schools
Taxes
- Estimated annual tax
- $700 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2021
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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