$325,562
SOLD APR 1, 2025

11115 N Us Highway 231 Cloverdale, IN 46120

38.62 Acres
$8,430 Price per Acre
1,682,287 Sq Ft Lot

Recently Sold

$331 Per Sq Ft

26% Below List Price

44 Days on Market

About This Lot

As of April 2025

Located in Owen and Putnam Counties, just south of Cloverdale and only 35 miles from Indianapolis are 2 tracts of desirable Indiana land. This tract has tillable and wooded land and includes a scenic building site along hwy 231. This tract also includes a 864 sq ft home and outbuildings sold in as-is condition. The other available tract is great hunting and recreational land with blend of tillable and wooded.

Last Agent to Sell the Property

Suzan Hageman

Hageman Realty Residential Listed on: 01/21/2025

Last Buyer's Agent

Suzan Hageman

Hageman Realty Residential Listed on: 01/21/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,434

Lot Details

  • 38.62 Acre Lot
  • Lot Dimensions are 1420 x 1460
  • Property fronts a state road
  • Finished Lot(s)

Parking

  • Driveway

Schools

  • Spencer Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Additional Features

  • Agricultural
  • Well

Listing and Financial Details

  • Assessor Parcel Number 60-02-29-100-120.000-026

Property Details

Property Type

Land

Est. Annual Taxes

$2,434

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: Part NE 1/4 Section 29, T12N R3W
  • Parcel Number ID: 60-02-29-100-120.000-026
  • Platted: Yes
  • Road Access: State
  • Road Surface: Asphalt
  • Sp Lp Percent: 81.8
  • Parcel Description: Partially Wooded, Tillable
  • Type of Sale: Traditional
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Agriculture, Residential
  • Year Taxes Payable: 2025
  • Special Features: None

Exterior Features

  • Road Frontage: State

Utilities

  • Water Utilities: Well
  • Electricity Type: Available
  • Fuel Type: Available

Schools

  • School District: Spencer-Owen Community Schools
  • Elementary School: Spencer
  • Middle School: Owen Valley
  • High School: Owen Valley
  • Elementary School: Spencer

Lot Info

  • Lot Dimensions: 1420 x 1460
  • Estimated Lot Sq Ft: 1682287
  • Estimated Lot Size Acres: 38.62

Tax Info

  • Annual Taxes: 2434

MLS Schools

  • High School: Owen Valley
  • Middle School: Owen Valley
  • School District: Spencer-Owen Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2025
Closed on
Mar 31, 2025
Sold by
James F Barnes Family Trust and First Financial Bank Na
Bought by
Mader Steven V and Mader Lynn A
Seller's Agent
Suzan Hageman
Hageman Realty Residential
Buyer's Agent
Suzan Hageman
Hageman Realty Residential
List Price
$440,130
Sold Price
$325,562
Premium/Discount to List
-$114,568
-26.03%
Views
52
Current Estimated Value
$335,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,114
Avg. Annual Appreciation
12.14%

Purchase Details

Closed on
Apr 7, 2006
Sold by
Jones Betty J
Bought by
Barnes James F
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $276,560 None Listed On Document
Deed $276,560 First American Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $51,300 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $325,562 -18.2% $331 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/20/2025 02/20/25 Price Changed $398,000 -9.6% $404 / Sq Ft
01/21/2025 01/21/25 For Sale $440,130 -- $447 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,468 $172,000 $79,900 $92,100
2023 $2,434 $153,000 $69,900 $83,100
2022 $2,161 $136,600 $59,400 $77,200
2021 $2,149 $117,700 $53,900 $63,800
2020 $2,207 $112,900 $53,600 $59,300
2019 $2,242 $112,000 $57,100 $54,900
2018 $2,232 $111,300 $56,400 $54,900
2017 $2,361 $117,800 $62,400 $55,400
2016 $2,386 $119,300 $65,200 $54,100
2014 $2,212 $115,100 $67,400 $47,700
2013 -- $107,300 $60,200 $47,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Suzan Hageman

    Hageman Realty Residential

    (219) 261-2658

    26 Total Sales

    Suzan Hageman
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202501968

Indiana Regional MLS

APN: 60-02-29-100-120.000-026

Indiana Owen County Cloverdale 46120

11115 N Us Highway 231, Cloverdale, IN

This home is located at 11115 N Us Highway 231, Cloverdale, IN 46120 and is currently priced at $325,562, approximately $330 per square foot. 11115 N Us Highway 231 is a home located in Owen County with nearby schools including Cloverdale Elementary School, Cloverdale Middle School, and Cloverdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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