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.
Active
$199,900
15960 Old Highway 111 SE, Elizabeth, IN 47117
3beds
3,510sqft
Residential, Single Family Residence
Built in 1915
1.38 Acres Lot
$-- Zestimate®
$57/sqft
$-- HOA
What's special
- 70 days
- 1,688
- 168
Zillow last checked:
Listing updated:
Listed by:
Andrew Flora listwithflora@gmail.com,
1 Percent Lists Indiana Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22117726
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12x14
Bedroom 2
- Level: Upper
- Area: 188.5 Square Feet
- Dimensions: 13x14.5
Bedroom 3
- Level: Upper
- Area: 195.75 Square Feet
- Dimensions: 13.5x14.5
Dining room
- Level: Main
- Area: 175.5 Square Feet
- Dimensions: 13x13.5
Kitchen
- Level: Main
- Area: 189 Square Feet
- Dimensions: 13.5x14
Laundry
- Level: Main
- Area: 30 Square Feet
- Dimensions: 6x5
Living room
- Level: Main
- Area: 249.75 Square Feet
- Dimensions: 13.5x18.5
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Oven
Features
- Attic Access
- Basement: Full,Unfinished
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 3,510
- Total interior livable area: 3,510 sqft
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.38 Acres
Details
- Additional parcels included: 312207100013.000019
- Parcel number: 312207100014000019
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Block
Condition
- Fixer
- New construction: No
- Year built: 1915
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Elizabeth
Financial & listing details
- Price per square foot: $57/sqft
- Tax assessed value: $100,200
- Annual tax amount: $310
- Date on market: 8/1/2026
- Cumulative days on market: 26 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Listed for sale | $199,900$57/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $313 +9.4% | $100,200 +8.6% |
| 2024 | $286 +5.5% | $92,300 +3.5% |
| 2023 | $271 +13.7% | $89,200 +10.7% |
| 2022 | $238 +8.9% | $80,600 +10.6% |
| 2021 | $219 -3.8% | $72,900 +10.1% |
| 2020 | $227 -32.8% | $66,200 |
| 2019 | $338 +63.4% | $66,200 +4.3% |
| 2018 | $207 -64.5% | $63,500 +0.5% |
| 2017 | $583 +204.7% | $63,200 -6.1% |
| 2016 | $191 +0.1% | $67,300 +9.1% |
| 2014 | $191 0% | $61,700 +2.8% |
| 2013 | $191 +5.8% | $60,000 -0.7% |
| 2012 | $181 +20.1% | $60,400 +25.6% |
| 2011 | $150 +2.3% | $48,100 |
| 2010 | $147 +1.1% | $48,100 |
| 2009 | $145 | $48,100 +2.1% |
| 2007 | -- | $47,100 -8.5% |
| 2006 | -- | $51,500 +46.3% |
| 2005 | -- | $35,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 47117
Nearby schools
Schools provided by the listing agent
- Middle: Corydon Central Jr High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




