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1577 E State Road 42

Center Point, IN 47840

ActiveListed Aug 20, 2026 · 1 day on market

Key facts

Beds
3
Baths
3 full
Living area
4,425 sqft
Lot
230 acres
Year built
1998
Type
Residential · Farm
Stories
One and one half
Garage
2 spaces
MLS #
22121291
County
Clay
Subdivision
No Subdivision

About this home

Now offering.....A once in a lifetime opportunity!!!! Discover a lifestyle of expansive serenity at 1577 E State Road 42, CENTERPOINT, IN. Built in 1998, this residential property offers 3128 square feet of living space, situated on an impressive 230+ acres including a roughly 60 acre stocked lake. This remarkable estate presents a unique opportunity for those seeking significant acreage and a refined country living experience; hunting, fishing, or just enjoying total privacy! Morton barn to store all of the quads etc and campground hook-ups for friends and family to visit and stay in their RV's! The residence features three thoughtfully designed bedrooms, providing comfortable and private retreats. Complementing these are three full bathrooms, offering convenience and functionality for residents and guests alike. Although it needs work to bring it back to its glory, it is a masterpiece worth all the effort!!! Spanning 1.5 stories, this home thoughtfully integrates its living areas, creating a cohesive flow throughout. The design maximizes both privacy and shared living, catering to diverse needs. This exceptional property invites you to envision a life of tranquility and space; schedule your private viewing today.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerRefrigeratorWasher
Interior features
Cathedral Ceiling(s)Paddle FanEat-in KitchenPantry
Flooring
Hardwood
Basement
Ceiling - 9+ feetEgress Window(s)FinishedWalk-Out Access
Fireplaces
2
Fireplace type
Great RoomHearth RoomWood Burning
Rooms
6
Main-level bedrooms
1

Exterior

Patio and porch
CoveredDeck
Construction
Log
Foundation
Poured ConcreteSee Remarks
Style
Log
Parking and garage
Detached
Waterfront
DockLake FrontWaterfront

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
WellPrivate
Utilities
Electricity ConnectedNatural Gas ConnectedSeptic System

Lot and HOA

Lot features
Irregular LotMature TreesWooded

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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