2 for 1

2 For 1 Indiana Historic Lockmaster Houses on 1.38 Acres $199,900

$199,900

Steeped in American history and masterfully built to stand the test of time, these grand brick 2 for 1 homes possess a story unlike any other. Originally constructed as official government quarters, they transitioned into private ownership following the 1972 lock and dam decommissioning—offering rare architectural craftsmanship and historic provenance.

Yard featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

Realtor Comments

Step back in time with this once-in-a-lifetime opportunity to own two historic Lockmaster Houses originally constructed to serve the lockmaster and assistant lockmaster for nearby Lock & Dam No. 43. Being offered together, these nearly identical homes present endless possibilities for the next owner. Whether you envision creating a private family compound, an unforgettable short-term rental destination, a charming wedding or event venue, or restoring them into magnificent historic residences, this property offers a rare blank canvas with incredible potential. Each home features approximately the same spacious floor plan with three oversized bedrooms, 1.5 bathrooms, a formal dining room, generous living spaces, two full stories, and a full unfinished basement. An additional carriage house/barn provides even more storage, workshop space, or future possibilities. While these historic treasures are ready for restoration and modernization, their solid brick construction, rich history, and unique setting make them an exceptional investment for those looking to preserve a piece of Indiana history. Opportunities like this are few and far between-bring your vision and restore these remarkable homes to their former glory.

  • 3bd
  • 1.5ba
  • 2,354sqft
  • 1.38 acres
  • Circa 1915

More Indiana Properties

Porch featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

15960 Old Highway 111 SE, Elizabeth, IN 47117 $199,900

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended. 

Contact Realtor: Andrew Flora

Brokered by 1 Percent Lists Indiana Real Estate

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Porch featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

The Pros

  • Ultra-Quiet Rural Living: It offers a true country environment with open farmland, dense forests, minimal light pollution, and almost no traffic congestion.

     

  • Affordable Housing & Land: Property prices and land are generally far more accessible than in major suburban centers, offering strong opportunities to buy acreage, build equity, or own a custom home.

     

  • Proximity to Louisville, KY: Sitting only about 25–35 minutes south of downtown Louisville, residents can easily commute to a major metropolitan area for corporate jobs, international flight access, dining, and healthcare.

  • Proximity to Horseshoe Southern Indiana (Caesars): Located just minutes from the riverfront casino and resort complex, which serves as a major regional economic anchor and entertainment venue.

  • Low Crime Rates: Like most sparsely populated rural pockets in southern Indiana, serious crime is minimal, fostering a safe, close-knit local feel.

     

The Cons

  • Severe Lack of Local Amenities: Within city limits, commerce is extremely sparse (limited to basic stores like Dollar General). A drive to Corydon or cross-river to Louisville is required for groceries, medical care, and shopping.

     

  • Spotty Utilities & Internet: Fiber or reliable high-speed internet infrastructure can be inconsistent depending on how far out into the township you settle. Satellite or rural wireless are often the primary options.

  • No Public Transit or Walkability: A personal vehicle is mandatory for day-to-day life.

  • Limited Local Job Opportunities: Outside of agriculture, local services, or casino-related hospitality jobs, almost all professional career options require a commute across county lines or into Kentucky.

  • Humid Summers & Winter Driving Hazards: Southern Indiana gets hot and sticky during the summer months, while winter brings icy roads along winding, unlit rural routes.

Porch featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Exterior featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Yard featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Yard featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Yard featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Yard featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Exterior featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Aerial View featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Yard featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Yard featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Yard featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Exterior featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Exterior featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Exterior featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Yard featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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House View featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Yard featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Yard featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Yard featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Yard featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Yard featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Living Room featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Living Room featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Living Room featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Dining Room featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Dining Room featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Living Room featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Oven featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Kitchen featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Kitchen featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Kitchen featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Bathroom featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Bathroom featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Bathroom featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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More featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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More featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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More featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Living Room featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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More featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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Bathroom featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117

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More featured at 15960 Old Highway 111 SE, Elizabeth, IN, 47117*

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