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1577 E State Road 42

Center Point, IN 47840

ActiveListed Aug 20, 2026 · 1 day on market

Key facts

Lot
230 acres
Type
Land · Residential Lots
MLS #
22119900
County
Clay
Subdivision
No Subdivision

About this home

Exclusive! 230+ Acre Private Gated Recreational Estate More than a property. More than a home. this is a legacy. Enter through the private gated entrance and leave the outside world behind. Welcome to an extraordinary 230+ acre recreational estate where waterfront living, premier hunting, fishing, wildlife, and peaceful seclusion come together in one remarkable property. Thoughtfully developed over the years with family, a love for wildlife, and the future in mind, This property offers something increasingly difficult to find - substantial private acreage, beautiful water, established hunting grounds, recreational amenities, and a one-of-a-kind residence, all ready to enjoy from day one. At the heart of the estate stands an impressive three-story hand-hewn log home featuring 3 bedrooms and 3 baths. From the moment you enter, the craftsmanship and character are evident. A gorgeous tin-ceiling entryway welcomes you into the home, with a main-level bedroom conveniently located just off the foyer. Although it needs a bit of work, you will not be disappointed! What truly separates this from an ordinary recreational property is the thought, love, and preparation that have gone into creating it. This isn't simply acreage surrounding a home. The property has been intentionally developed with family, wildlife, recreation, and longevity in mind. It's a place where mornings can begin in a hunting blind and afternoons can be spent fishing the lake. Where family and friends can pull their campers in for the weekend. Where evenings can end around the fireplace or on the screened porch overlooking the water. It's a place to watch deer move through the property, hear turkeys in the woods, search for mushrooms in the spring, launch the boat in the summer, hunt in the fall, and gather around the fire when winter arrives. Few properties offer this combination of 230+ acres, gated privacy, waterfront recreation, established hunting infrastructure+!

Description provided by the listing brokerage.

Exterior

Waterfront
DockLake FrontWaterfront
Other structures
Barn(s)See Remarks

Systems

Sewer
Septic Tank

Lot and HOA

Lot features
Not In SubdivisionMature TreesWooded
Zoning
rural/ag

Schools

Middle school
North Clay Middle School
School district
Clay Community Schools

Taxes

Estimated annual tax
$3,654 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$22,407per month, estimated
Principal and interest $20,667Property tax $305Insurance $1,435
20% · $820,000
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$4,100,000
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