- 3
- beds
- 3
- baths
- 4,425
- sqft
- 1998
- year built
- Status:
- Active
- MLS #:
- 22121291
- Neighborhood:
- No Subdivision
- County:
- Clay
- Listed By:
- Jeanne Hutcherson - CENTURY 21 Scheetz
- Agent Phone:
- (317) 997-0722
- Agent Email:
- jhutcherson@c21scheetz.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
Now offering.....A once in a lifetime opportunity!!!! Discover a lifestyle of expansive serenity at 1577 E State Road 42, CENTERPOINT, IN. Built in 1998, this residential property offers 3128 square feet of living space, situated on an impressive 230+ acres including a roughly 60 acre stocked lake. This remarkable estate presents a unique opportunity for those seeking significant acreage and a refined country living experience; hunting, fishing, or just enjoying total privacy! Morton barn to store all of the quads etc and campground hook-ups for friends and family to visit and stay in their RV's! The residence features three thoughtfully designed bedrooms, providing comfortable and private retreats. Complementing these are three full bathrooms, offering convenience and functionality for residents and guests alike. Although it needs work to bring it back to its glory, it is a masterpiece worth all the effort!!! Spanning 1.5 stories, this home thoughtfully integrates its living areas, creating a cohesive flow throughout. The design maximizes both privacy and shared living, catering to diverse needs. This exceptional property invites you to envision a life of tranquility and space; schedule your private viewing today.
Highlights
- Farm
- Farm
- Built in 1998
- 230.0 Acre Lot
- Waterfront
- 2 Car Garage
- 84 days on Market
-
- Bedrooms
- 3
-
- Bathrooms
- 3
-
- Year Built
- 1998
-
- Architectural Style
- Log
-
- Construction Materials
- Log
-
- Foundation
- See Remarks
-
- Garage Spaces
- 2.0
-
- Parking Features
- Detached
-
- Living Area
- 4425.0
-
- Interior Features
- Cathedral Ceiling(s), Eat-in Kitchen, Pantry
-
- Appliances
- Dryer, Dishwasher, Refrigerator, Washer
-
- Flooring
- Hardwood
-
- Patio And Porch
- Covered, Deck
-
- Cooling
- Central Air
-
- Heating
- Forced Air, Natural Gas
-
- Basement
- Finished, Walk-Out Access
-
- Acres
- 230.0
-
- Lot Features
- Wooded, Waterfront, Irregular Lot
-
- Water Front Features
- Lake Front, Waterfront
-
- Water Front
- Yes
-
- Utilities
- Natural Gas Connected, Electricity Connected
-
- Water
- Private, Well
-
- Area
- 1105 - Clay - Jackson
-
- County
- Clay
-
- City
- Centerpoint
-
- Neighborhood
- No Subdivision
-
- Zip Code
- 47840
-
- Middle School
- North Clay Middle School
-
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Price History
| 08/20/2026 | Listed | $4,100,000 |
| Source: MIBOR Broker Listing Cooperative #22121291 | ||
| 08/20/2026 | Listed | $4,100,000 |
| Source: MIBOR Broker Listing Cooperative #22119900 | ||
Source: MLS Data
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Frequently Asked Questions
How do I schedule a tour of 1577 E State Road 42?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1577 E State Road 42.
They know farms in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 1577 E State Road 42?
Click Ask a Question to talk with our team. You already know it is a 3 bed, 3 bath, listed for $4,100,000. We can talk through recent upgrades, potential seller motivation, how this farm compares to others in Centerpoint, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 1577 E State Road 42?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1577 E State Road 42 at around $23,332. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 1577 E State Road 42?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Clay County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 1577 E State Road 42?
In most cases, yes. Whether 1577 E State Road 42 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Centerpoint's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 1577 E State Road 42?
We can handle that for you. Our preferred local agent specializes in farms in Centerpoint and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $4,100,000 with 4,425 sqft of space—that comes out to approximately $927 per square foot.
How long has this property been on the market?
1577 E State Road 42 was listed on August 20, 2026, which means it's been on the market for 84 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1998, making it approximately 28 years old.
What is the lot size of this property?
1577 E State Road 42 sits on a 230.0-acre lot, which is 10,018,800 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Middle: North Clay Middle School
Want to see how these schools compare? Check out our Clay County School Guide to see ratings, reviews, and more for the schools in the area.
Is 1577 E State Road 42 still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Based on information submitted to the MLS GRID as of November 12, 2026 at 04:32PM. 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.
