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15960 Old Highway 111 SE

Elizabeth, IN 47117

ActiveListed Jul 31, 2026 · 3 days on market

Key facts

Beds
3
Baths
1 full · 1 half
Living area
2,354 sqft
Lot
1.38 acres
Year built
1915
Type
Residential · Single Family Residence
Stories
Two
MLS #
22117726
County
Harrison
Subdivision
No Subdivision
Total building area
3,510 sqft

About this home

Step back in time with this once-in-a-lifetime opportunity to own two historic Lockmaster Houses originally constructed to serve the lockmaster and assistant lockmaster for nearby Lock & Dam No. 43. Built with impressive craftsmanship and timeless character, these massive brick homes were originally government-owned until being sold into private ownership following the decommissioning of the lock and dam in 1972. Being offered together, these nearly identical homes present endless possibilities for the next owner. Whether you envision creating a private family compound, an unforgettable short-term rental destination, a charming wedding or event venue, or restoring them into magnificent historic residences, this property offers a rare blank canvas with incredible potential. Each home features approximately the same spacious floor plan with three oversized bedrooms, 1.5 bathrooms, a formal dining room, generous living spaces, two full stories, and a full unfinished basement. An additional carriage house/barn provides even more storage, workshop space, or future possibilities. While these historic treasures are ready for restoration and modernization, their solid brick construction, rich history, and unique setting make them an exceptional investment for those looking to preserve a piece of Indiana history. Opportunities like this are few and far between-bring your vision and restore these remarkable homes to their former glory.

Description provided by the listing brokerage.

Interior

Appliances
Electric Oven
Interior features
Attic Access
Flooring
Hardwood
Basement
FullUnfinished
Fireplaces
1
Fireplace type
Living Room
Rooms
7
Main-level bedrooms
1
Condition
Fixer

Exterior

Construction
Brick
Foundation
Block

Systems

Heating
BaseboardElectric
Water
Public

Schools

Middle school
Corydon Central Jr High School
School district
South Harrison Com Schools

Taxes

Estimated annual tax
$310 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,103per month, estimated
Principal and interest $1,008Property tax $26Insurance $70
20% · $39,980
6.47%
Loan type
Loan term

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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Listed at$199,900
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