10580 S State Road 243, Cloverdale, IN 46120
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
Listed by: ashley wright
Office: highgarden real estate
MLS#:22116485
Source:IN_MIBOR
Price summary
- Price:$280,000
- Price per sq. ft.:$64.98
About this home
Discover the incredible potential of this one-of-a-kind opportunity situated on approximately 3.73 scenic acres just 3 minutes from Cataract Marina and only moments from Cataract Falls, Lieber State Recreation Area, and I-70. Whether you're an investor looking for your next profitable project or a homeowner ready to build instant sweat equity, this property is packed with possibilities. Offering over 4,300 square feet, 5 bedrooms, 5 bathrooms, and an attached 3-car garage, the spacious layout provides an outstanding foundation for your vision. The home is being sold as-is and is ready for renovation, making it an excellent candidate for a rehab loan or experienced buyer looking to customize a property while building equity. The standout feature is the fully separate apartment complete with its own private entrance, garage, kitchen, living area, bedroom, bathroom, and laundry-creating an exceptional opportunity for multigenerational living, guest accommodations, long-term rental income, Airbnb potential, or a private home office. The ability to generate additional income while renovating or living on-site makes this property truly unique. Enjoy the peaceful setting with room to roam, entertain, garden, or simply relax while remaining just minutes from boating, fishing, kayaking, hiking, and some of Indiana's most beautiful outdoor recreation. With Cataract Marina only a short 3-minute drive away, weekend adventures are practically at your doorstep. (Realtor) Properties offering this much square footage, acreage, income-producing potential, and recreational access rarely become available at this price point. Whether you're planning to renovate and resell, build your investment portfolio, or create your dream country home with built-in rental income, this is an opportunity you won't want to miss. Bring your ideas, your contractor, and your imagination-this property's next chapter is waiting to be written!...
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Home facts
- Year built:1999
- Subdivision & Development:No Subdivision
- Listing ID #:22116485
- Added:10 day(s) ago
- Updated:August 07, 2026 at 02:59 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:3
- Half bathrooms:2
- Dining Description:Dining Combo/Family Room, Dining Combo/Great Room, Dining Combo/Kitchen
- Kitchen Description:Dishwasher, Electric Cooktop, Electric Oven, Microwave, Oven, Range Hood
- Living area:4,309 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Baseboard, Electric
- Central air:Yes
Structure and exterior
- Year built:1999
- Building area:4,309 sq. ft.
- Lot area:3.73 Acres
- Construction Materials:Vinyl Siding
- Exterior Features:Storage Shed
- Foundation Description:Crawl Space
Utilities
- Water:Public Water
Finances and disclosures
- Price:$280,000
- Price per sq. ft.:$64.98
Features and amenities
- Appliances:Microwave, Water Heater
- Amenities:Attic Access
Parking
- Garage:Yes
- Garage spaces:3
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