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    Cloverdale, IN 46120

    For Sale
    $181,685

    Buildable 12-acre property with woods, privacy, and convenience.

    Lot size:
    12.53 Acres

    Property Features for

    General Information

    Lot size
    12.53 Acres

    Source: Better Homes and Gardens Real Estate Gold Key Agent Better Homes and Gardens Real Estate Gold Key

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    12 Acres Buildable Land

    This 12-acre buildable property offers a combination of privacy, beauty, and convenience. The wooded areas, untouched for years, present potential income and a serene natural setting suitable for hiking and exploring, with open spots available for building. Municipal water is accessible at the road for easy connection. The property is partially fenced, providing a start for creating a setup for animals or farming. Mature trees surround the land, offering peaceful seclusion. With no HOA restrictions, the property allows for various lifestyle choices, including keeping animals. The acreage is suitable for recreation, such as hunting and hiking. Located minutes from I-70 and approximately 35 minutes from the Indianapolis International Airport, the property provides convenient access to travel, commute, shopping, dining, and entertainment. This location offers peaceful country living with quick access to modern conveniences. This property is suited to building a dream home, starting a small hobby farm, or creating a private getaway.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Cloverdale
    County
    Putnam
    State
    Indiana
    Longitude
    -86.7779
    Latitude
    39.5431

    Nearby Similar for Sale

    • $259,000

      New Home on Spacious Lot

      New 3-bedroom home on almost 1.5 acres.
      202 Doe Creek Dr, Cloverdale, IN 46120
      View Details

    FAQs

    What type of property is this?
    Land - Buildable 12-acre property with woods, privacy, and convenience.
    Where is this land located?
    The property is located at Cloverdale, IN.
    What is the asking price?
    The asking price for this property is $181,685.
    What are key features of this property?
    This property features: - 12-acre buildable property offering privacy, beauty, and convenience.; - Municipal water available at the road for easy connection.; - Convenient location: minutes from I-70 and approximately 35 minutes from Indianapolis International Airport.
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    Cloverdale, IN 46120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Cloverdale, IN 46120
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