Opportunity Zone! This property is located in an Opportunity Zone and may qualify for certain tax incentives/tax deferment. A very unique and rare investment opportunity in a prime area hungry for services! The interchange at I-70 and State Road 231 commonly known as the Cloverdale/Greencastle exit is a huge artery for traffic coming and going to Greencastle (DePauw University) and beyond from the north. Currently there are no amenities for food and fuel on the north side of this very busy interchange. This property has frontage right on 231 on the east side (north-bound) lane and is ideally located less than a 1/5 mile from I-70. There are currently city water and electricity utilities located at the road. Prime location for a business.
MORTGAGE CALCULATOR
$16,939
Estimate only — not a loan offer. Consult a lender for actual terms.
LISTING SNAPSHOT
Price$3,350,000
Bedrooms0
Full Baths0
Half Baths0
Inside Area (SqFt)N/A
Lot Size82.59 Acres
Year Built0
MLS® Number21894331
StatusActive
Property TaxN/A
HOA/Condo/Coop FeesN/A
GENERAL
Acres82.59
Property Sub TypeUnimproved Land
SewerOther
Zoningcommercial
EXTERIOR
Lot FeaturesLevel, Sloped, Wooded
Road FrontageHighway
COMMUNITY
Horse PropertyNone
MLS Area6718 - Putnam - Warren
RoadsAsphalt
School DistrictSouth Putnam Community Schools
TownshipWarren
SCHOOLS
School DistrictSouth Putnam Community Schools
RECENT ACTIVITY
November 10, 2025Active
November 21, 20223350000
Listing courtesy of Whitetail Properties
Listing courtesy of Whitetail Properties (317) 370-2422
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.
Based on information submitted to the MLS GRID as of 2026-07-17 08:58 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.
Based on information submitted to the MLS GRID as of 2026-07-17 08:58 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.
Comps
An estimate is not available for this listing.
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