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0 E State Road 64, Marengo, IN 47170

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For Sale

$200,000

2 half baths • 1,440 sqft

Estimated Payment

$ 1,077 /mo. †

6.63% APR for 30 yrs.
$624 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $138.89
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

THE PLACE TO BE!!!!!!!! This is your opportunity to own and open your own well established restaurant formerly known as the Green Acres 'The Place To Be' restaurant. There is so much potential here with lots of parking for vehicles and semi trucks. There is still some restaurant equipment in the building and in working condition such as a food prep table, hood system, freezer and chairs and tables. Or you could turn it into a home with plenty of space to build a big barn to store all your toys. This property is in a great location and only minutes from Marengo Cave. It has been a hot spot Restaurant for locals for years and years and can be that again. Listed as Commercial MLS 2024012919 & Residential MLS 2024012915
MLS# 2024012915

Courtesy Of eXp Realty

(812) 734-6048

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Patio, Ceiling Fan
  • Appliances
    Dishwasher, Freezer, Range, Washer, Water - Softener
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    1.98 Acres
  • View Type
    Panorama

Home seller CENTURY 21 Breeden Realtors

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Breeden Realtors

(812) 372-3766
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,025
  • Property Taxes
    $52
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,077

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

We don't have all the school attendance zone information for this listing. Contact a local CENTURY 21 office for more information.

Local area information for Marengo, IN 47170

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Marengo, IN 47170

This community’s employment is highest in the food and administrative support industries. The area’s overall household expenses are below the national average.

88° July
Hottest Average Month
23° January
Coldest Average Month
6,293 Total Households in Area
0.8% Increase in population since the year 2010
29.5%
of households
have children
22 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Marengo, IN 47170

Marengo, IN 47170 has a population of 15,709 people in 6,293 households with a median age of 41.3 years old.

0.8%
Increase in population
since the year 2010
Population is Trending up
6,244
Total households as of 2010
2.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 41.3 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 94%
Hispanic 2%
Other <1%
Asian <1%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 94%, followed by Hispanic at 2%, Other at <1%, and Asian at <1%.

Economics
for Marengo, IN 47170

99 /sq mi
Population Density
$48,829 /yr
Median Household Income
$225,625
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $35-49,999k representing 16.1% of the households.

Transportation to Work

  • Drive 87%
  • Walk or Bike 7%
  • Work from Home 5%
  • Public Transit 0%

Occupancy by Type

Owned 4,079 59%
Rented 2,214 32%
Vacant 575 8%

White vs Blue Collar Jobs







White Collar 55%
Blue Collar 45%

Family & Education Facts
for Marengo, IN 47170

41.3 Median Age

Average Household Size

2.4
persons per
household

40.7%

Married Households

Community Population By Education

High School Graduate 41%
Some High School 21%
Some College 17%
Bachelors Degree 10%
Associates Degree 8%
Graduate Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 40.79% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
29.5% of households have children

Weather
for Marengo, IN 47170

The weather for this area ranges from a high of 88° F in July to a low of 23° F in January

88° July
Hottest Average Month
23° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
23°
41°
Feb
25°
45°
Mar
33°
55°
Apr
43°
67°
May
52°
76°
Jun
61°
84°
Jul
65°
88°
Aug
63°
87°
Sep
56°
81°
Oct
44°
70°
Nov
35°
55°
Dec
26°
44°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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