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Pending
  • $240,000

    1587 E Us Highway 40, Cloverdale, IN 46120

    2beds
    768sqft
    : 
    $1,546/mo
    Get pre-qualified
    Unknown
    Built in 1960
    -- sqft lot
    $199,400 Zestimate®
    $313/sqft
    $-- HOA

    What's special

    Enclosed porchTwo sheds
    Selling AS IS! Two parcels side by side. One with house is 10.6100 acres and one without house that gives access to US 231 is 1.2670 acres. Totaling 11.8770 acres. Had some trees removed but still needs more work removing left over tops. Enclosed porch and garage. Two sheds and a larger one that is in rough shape. Needs work and time but I don't have enough time or money to fix it up for the amount of land to be worth it anymore.
    94 days
    |
    31
    |
    0
    |
    Listed by:

    Property Owner (765) 720-9314

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Other
      Features
      • Basement: Basement (not specified)
      Interior area
      • Total interior livable area: 768 sqft

      Property

      Parking
      • Parking features: Garage - Attached
      Lot
      • Size: 12 Acres
      Details
      • Parcel number: 671211500006000017

      Construction

      Type & style
      • Home type: Unknown
      Materials
      • Frame
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1960

      Community & HOA

      Location
      • Region: Cloverdale

      Financial & listing details

      • Price per square foot: $313/sqft
      • Tax assessed value: $91,900
      • Annual tax amount: $332
      • Date on market: 4/21/2026

        Estimated market value

        $199,400

        $164,000 - $241,000

        $1,253/mo

        Price history

        DateEventPrice
        5/21/2026Pending sale$240,000$313/sqft
        Source: Owner Report a problem
        4/21/2026Listed for sale$240,000$313/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$332 +29.2%$91,900 +10.3%
        2024$257 +19%$83,300 +31%
        2023$216 +11.3%$63,600 +0.6%
        2022$194 -4.1%$63,200 +7.1%
        2021$202 -2.3%$59,000 -2.5%
        2020$207 -4.9%$60,500 -0.5%
        2019$218 +10.9%$60,800 -0.5%
        2018$196 +14.9%$61,100 -0.7%
        2017$171 -81.6%$61,500 +2.8%
        2016$927 -5.8%$59,800 -1%
        2014$985 -6.3%$60,400 +0.5%
        2013$1,052 +14%$60,100 +1.2%
        2012$923 -11.4%$59,400
        2011$1,042 +14.5%$59,400 +0.5%
        2010$910 -14.8%$59,100 +0.2%
        2009$1,068 $59,000 +1.7%
        2006-- $58,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 46120

        Getting around

        2 / 100
        Car-Dependent
        6 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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