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887 E State Road 42 E

Cloverdale, IN 46120

ActiveListed Aug 5, 2026 · 15 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,860 sqft
Lot
1.49 acres
Year built
2011
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22118388
County
Putnam
Subdivision
No Subdivision

About this home

Fixer-Upper Special! Looking for your next project? This 3-bedroom, 2-bathroom home sits on over an acre in a peaceful country setting, just minutes from Cataract Lake! Great opportunity to build equity and make it your own. Over 1 acre of land 3 bedrooms, 2 bathrooms Out of town with room to spread out Close to Cataract Lake for boating, fishing, and outdoor fun Bring your vision and turn this property into something special! Whether you're an investor, flipper, or someone looking for a home with potential, this one is worth a look.

Description provided by the listing brokerage.

Interior

Interior features
Hi-Speed Internet AvailblWalk-In Closet(s)
Rooms
7
Main-level bedrooms
3

Exterior

Construction
Vinyl Siding
Foundation
Crawl Space
Style
Modular
Parking and garage
DetachedGravel

Systems

Water
Public

Schools

School district
Cloverdale Community Schools

Taxes

Estimated annual tax
$962 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$404per month, estimated
Principal and interest $302Property tax $80Insurance $21
20% · $12,000
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$60,000
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