Located just West of Cloverdale and just a few minutes off Interstate 70, this 196+/-acre prime recreational tract offers a rare combination of seclusion, recreational opportunity, and development potential in a convenient West central Indiana location. The property is mostly wooded, consisting of mature hardwood timber with low-lying bottoms and natural drainages running throughout, along with an established network of interior trails. However, it also offers many existing open hay meadows and grassy pockets. A marshy lake bed on the west side of the property adds a unique natural character to the tract that sets it apart from typical wooded ground in the area. The land has not been hunted in years, creating habitat that consistently holds whitetail deer and wild turkey, making this an ideal recreational reset for the next owner. Frontage along S County Road 300 W on the west side that lends itself well to a future homesite or small-acreage development. With Terre Haute roughly 35 minutes to the West and Indianapolis less than an hour to the East, the Pearson Property offers buyers a large, private recreational tract within easy reach of two major Indiana markets - and with multiple paths to long-term value.
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Zillow last checked:
Listing updated:
Listed by:
Luke Schrader800-451-2709,
Schrader Real Estate and Auction Company, Inc.
Source: My State MLS,MLS#: 11798775
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 0
Bathrooms: 0
Features
Has basement: No
Has fireplace: No
Interior area
Total structure area: 0
Finished area above ground: 0
Property
Lot
Size: 78 Acres
Details
Parcel number: 671606200001000002
Lease amount: $0
Community & HOA
HOA
Has HOA: No
Location
Region: Cloverdale
Financial & listing details
Date on market: 6/1/2026
Date available: 06/01/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/17/2026
Sold
$180,000-74.1%
Source: MIBOR as distributed by MLS GRID #22075106Report a problem
Source: MIBOR as distributed by MLS GRID #22075106Report a problem
11/30/2025
Listed for sale
$181,685-21%
Source: MIBOR as distributed by MLS GRID #22075106Report a problem
10/30/2025
Sold
$229,970
Source: MIBOR as distributed by MLS GRID #22063857Report a problem
10/17/2025
Pending sale
$229,970
Source: MIBOR as distributed by MLS GRID #22063857Report a problem
10/13/2025
Price change
$229,970+5.7%
Source: MIBOR as distributed by MLS GRID #22063857Report a problem
9/21/2025
Listed for sale
$217,500
Source: MIBOR as distributed by MLS GRID #22063857Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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