1. City of Cloverdale: Located in the northwest corner of the county, Cloverdale is a small city with a population of just over 2,000 people. The median home value in Cloverdale is $85,000, which is much lower than the statewide median home value of $131,000. There are many fixer-upper homes available in Cloverdale for investors to purchase and renovate. There are also several vacant lots available for investors to build new homes on.
2. City of Fillmore: Fillmore is located in the southwest corner of the county and has a population of around 1,200 people. The median home value in Fillmore is $79,000, which is even lower than the median home value in Cloverdale. There are many fixer-upper homes and vacant lots available for investors to purchase and develop in Fillmore.
3. City of Greencastle: Greencastle is located centrally within Putnam County and has a population of around 10,000 people. The median home value in Greencastle is $106,000, which is slightly higher than both Cloverdale and Fillmore but still lower than the statewide median home value. There are numerous fixer-upper homes and vacant lots available for investors to purchase and develop throughout Greencastle.
4. City of Roachdale: Roachdale is located northeast of Greencastle and has a population around 1,600 people. The median home value in Roachdale is $93,000 which makes it an affordable option for investors looking to purchase property within Putnam County . There are several fixer-upper homes as well as vacant lots available throughout Roachdale for investors to consider purchasing .
Price Index: Indianapolis-Carmel-Anderson, IN