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3 Bed 2 Bath Single Section Plan
B Composite 71.27
Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Condition / age +4.8/5.0
  • Livability +3.8/5.0
  • Schools +2.7/10.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$50,900

3 Bed 2 Bath Single Section Plan · Clarksville, IN 47129
3 bd · 2.0 ba · 1,568 sqft · Manufactured · 337 Days on market
Excellent condition ↓ 44% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

Key facts

  • Easy access
  • Walmart nearby
  • Lapping park

Tags

PRIME LOCATIONEASY ACCESSWALMART NEARBYSAM'S CLUB NEARBYCLARKSVILLE COMMUNITY CENTERLAPPING PARK

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $51k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $745 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $51k).
  • Recommended offer: $45k (12.0% below list) — sets the bar for market timing.
  • Cap rate 23.9% vs local median 3.3% in Clarksville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 76/100 on livability (#46 in IN, #3,300 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, commute A-; Watch: crime D+, employment D+, amenities D.
  • Greater Clark County Schools (suburban): math 26% / reading 37% proficiency, ranked #224 of 301 in IN (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 29 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 47% of comp listings sitting > 30 days — soft ceiling on asking rent; 911 units permitted in Clark County in 2024 (133 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $352 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Clark County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 337 days — a 12% lower offer ($45k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts; this cycle's ask has dropped $35k (41%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $44,792 (12.0% below list)

Questions for the listing agent

  1. It's been on market 337 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
2.73%
Cap rate
23.86%
Cash-on-cash
62.75%
DSCR
3.79
GRM
3.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
61.7%
Equity multiple
3.75×
Total profit
$39,239
Equity at exit
$7,589
10-year hold
IRR
66.3%
Equity multiple
7.69×
Total profit
$95,374
Equity at exit
$4,401

Cash invested: $14,252 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State Indiana
90 Strongly Landlord-Friendly · R+11
County
— inherits STATE
City
— inherits STATE
10-day pay-or-quit; landlord-favorable; preempted.

ZIP-level market 47129

Home prices YoY
-30.9%
Active inventory
29
Price-to-rent
3.1×

Monthly cashflow live

Estimated rent
$1,389 high interval (Pro) →
Mortgage (P&I)
$267
Tax est. 1.5%
$64 /mo · $764/yr
Insurance
$21
HOA
$0
Vacancy / Maint / Mgmt
$292
Net cashflow
$745

Break-even live

Break-even rent $445
Max offer price $50,900
Occupancy floor 41%

Sensitivity live

Price -10% $780 -5% $763 +0% $745 +5% $728 +10% $710
Rent -10% $636 -5% $690 +0% $745 +5% $800 +10% $855
Rate -1.0pp $771 -0.5pp $758 base $745 +0.5pp $732 +1.0pp $719

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$12,725
Closing costs
$1,527
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 15 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2331 Wellington Green Dr Unit 66 Clarksville, IN 3.0 2.0 1088 $1,059 $0.97 44d 1 0.11mi
2304 Wellington Green Dr Unit 170 Clarksville, IN 3.0 2.0 1088 $1,169 $1.07 44d 1 0.14mi
2102 Bradford St Unit 94B Clarksville, IN 3.0 2.0 1568 $1,259 $0.80 4d 1 0.15mi
2132 Pacific Dr Unit 16B Clarksville, IN 3.0 2.0 1056 $1,299 $1.23 44d 1 0.22mi
2022 Greentree N Unit 1 Clarksville, IN 3.0 2.5 1635 $2,110 $1.29 44d 1 0.39mi
2424 Addmore Ln Clarksville, IN 3.0 2.0 1080 $1,250 $1.16 4d 1 0.54mi
4501 Town Center Blvd Jeffersonville, IN 1.0–3.0 1.0–2.0 1172 $1,930 $1.65 2d 62 0.73mi
4903 Hamburg Pike Jeffersonville, IN 1.0–3.0 1.0–2.0 1172 $1,820 $1.55 2d 21 0.90mi
1909 Greentree Blvd Clarksville, IN 1.0–3.0 1.0–2.0 980 $2,010 $2.05 2d 11 0.94mi
1815 Greentree Blvd Unit 1813-170 Clarksville, IN 3.0 2.0 1260 $1,307 $1.04 44d 1 1.02mi
1418 Marlowe Dr Clarksville, IN 1.0–3.0 1.0–2.0 954 $1,338 $1.40 2d 13 1.14mi
1201 Marlowe Dr Clarksville, IN 1.0–3.0 1.0–1.5 1127 $1,409 $1.25 2d 1 1.32mi
1527 Lynch Ln Unit B Clarksville, IN 3.0 1.5 1224 $1,325 $1.08 24d 1 1.39mi
2408 Blackiston Mill Rd Clarksville, IN 4.0 1.0 1456 $1,649 $1.13 44d 1 1.41mi
1534 Blackiston Mill Rd Unit 2 Clarksville, IN 3.0 1.0 1500 $1,650 $1.10 44d 1 1.49mi

Listing history 32 events

  1. 2026-06-21
    days on market $50,900 Active 337 DOM
  2. 2026-06-18
    days on market $50,900 Active 334 DOM
  3. 2026-06-17
    days on market $50,900 Active 333 DOM
  4. 2026-06-16
    days on market $50,900 Active 332 DOM
  5. 2026-06-15
    days on market $50,900 Active 331 DOM
  6. 2026-06-13
    days on market $50,900 Active 329 DOM
  7. 2026-06-13
    days on market $50,900 Active 328 DOM
  8. 2026-06-10
    days on market $50,900 Active 326 DOM
  9. 2026-06-09
    days on market $50,900 Active 325 DOM
  10. 2026-06-08
    days on market $50,900 Active 324 DOM
  11. 2026-06-07
    days on market $50,900 Active 323 DOM
  12. 2026-06-03
    days on market $50,900 Active 319 DOM
  13. 2026-06-02
    days on market $50,900 Active 318 DOM
  14. 2026-06-01
    days on market $50,900 Active 317 DOM
  15. 2026-05-31
    pricedays on market $50,900 Active 316 DOM
  16. 2026-04-02
    price $47,900 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  17. 2026-03-11
    status Active 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  18. 2026-03-11
    price $36,900 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  19. 2026-02-22
    historical 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  20. 2026-01-08
    price $68,900 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  21. 2026-01-06
    status Active 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  22. 2026-01-06
    price $69,900 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  23. 2025-12-21
    historical 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  24. 2025-12-12
    status Active 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  25. 2025-11-20
    historical 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  26. 2025-11-08
    price $28,900 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  27. 2025-10-29
    status Active 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  28. 2025-10-29
    price $30,900 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  29. 2025-10-24
    historical 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  30. 2025-10-03
    price $28,900 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  31. 2025-08-02
    price $87,900 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

  32. 2025-05-20
    listed $85,900 Active 1365-char remark
    Show marketing remark (1365 chars)

    Welcome to Wellington Green: Where Home Meets Heart! Our prime location offers the best of both worlds: the tranquility of community living and easy access to bustling amenities. Just minutes away, you'll find an array of top-notch restaurants, shops, and entertainment venues. Convenience is key, with a Walmart and Sam's Club nearby. Stay connected at the Clarksville Community Center, a hub for community gatherings, and a TARC bus stop just a mile from your door. For nature lovers, we're a stone's throw from the serene Lapping Park and offer easy access to the picturesque Lewis and Clark Bicentennial Park and Falls of the Ohio State Park. Our amenities include a fantastic barbecue area, a basketball court, a welcoming clubhouse, and a handy mail center. We're a pet-friendly community, so your furry friends are more than welcome. Families will love our playground and pool. We take pride in our caring community, where your needs are met by on-site management, maintenance services, an on-site office, and a friendly mail center. Our well-lit streets ensure safety and comfort, and during winter, we offer snow removal for worry-free living. Wellington Green is an all-age community with beautiful new homes in the heart of Louisville. We're excited to welcome you! Reach out today for availability or to schedule a private tour. Your dream home is here!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$16,664
− Mortgage interest
−$2,851
− Property taxes
−$764
− Insurance
−$254
− Repairs & maintenance
−$1,333
− Management
−$1,333
− Depreciation
−$1,481
Taxable income
$8,647
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,075
After-tax cash flow
$6,868/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 1 photo

Excellent 95/100 None rehab

This manufactured home is in excellent condition with no visible repairs needed. It offers a prime location and is move-in ready, making it an attractive investment for both resale and rental markets.

Value-add opportunities

  • Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics.
  • Both Landscaping improvements — Enhances curb appeal and adds value to the property.
  • Both New roof inspection — Ensures structural integrity and adds value to the property.
  • Both HVAC system maintenance — Ensures comfort and energy efficiency, attracting tenants and buyers.
  • Both Kitchen and bathroom updates — Modernizing these spaces can attract more buyers and renters, increasing value.
  • Both Landscaping and curb appeal — Enhances the property's curb appeal and adds value to the property.

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics.
  • Both Landscaping improvements — Enhances curb appeal and adds value to the property.
  • Both New roof inspection — Ensures structural integrity and adds value to the property.
  • Both HVAC system maintenance — Ensures comfort and energy efficiency, attracting tenants and buyers.
  • Both Kitchen and bathroom updates — Modernizing these spaces can attract more buyers and renters, increasing value.
  • Both Landscaping and curb appeal — Enhances the property's curb appeal and adds value to the property.

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Greater Clark County Schools
NCES district ID
1803940
Math proficiency
26% ▼ -15.00%
Reading proficiency
37% ▼ -13.00%
Median HH income
$47,838
Composite
27.2/100
National rank
#7020
State rank
#224 of 301 in IN

Livability — Clarksville

Score
76/100
State rank
#46
US rank
#3300

Category grades

Amenities D Commute A- Cost of living A+ Crime D+ Employment D+ Housing A+ Health & safety B User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Clarksville, IN
County
Clark County · 108,879 people
City population
19,582
Metro
Louisville/Jefferson County, KY-IN
Population (ZIP)
19,582
Household income
$56,185
Rent vs Own
42.5% rent · 57.5% own
Severe rent burden
774.0

Population outlook (Clark County) Hauer SSP2

Today (2025)
126,401 people
By 2030
131,455 · +4.0%
By 2040
140,471 · +11.1%
By 2050
147,677 · +16.8%
By 2075
161,702 · +27.9%
By 2100
164,078 · +29.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (70%)
Race & ethnicity
White 70% Hispanic / Latino 18% Black 8% Two or more races 7% Native American 2%
Hispanic origin (detail)
Mexican 15% Puerto Rican 2%
Common ancestry
Lithuanian 2% Slovak 2% Romanian 1%
Foreign-born
10% · Canada
Languages at home
84% English-only · Spanish 15%

Political lean MEDSL · Clark

2024 margin
Strong R (+20.4) · D 38.9% · R 59.3% · Other 1.8%
2008→2024 swing
-13.3pp toward R · 2008: -7.1pp · 2024: -20.4pp
All cycles
2024: R+20.4 2020: R+18.3 2016: R+22.0 2012: R+9.9 2008: R+7.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -104.33%
Current HPI
233.0094
Rent YoY
Metro
Louisville/Jefferson County, KY-IN
State GDP YoY
▲ 2.90%
F500 in state
18

Industry mix (Fortune 500 HQ in IN)

Industry F500 HQs Revenue

Price history

-44.2% since first listed
17 events — show timeline
  • 2026-04-02 Price Changed $47,900 Zillow
  • 2026-03-11 Relisted Zillow
  • 2026-03-11 Price Changed $36,900 Zillow
  • 2026-02-22 Delisted Zillow
  • 2026-01-08 Price Changed $68,900 Zillow
  • 2026-01-06 Price Changed $69,900 Zillow
  • 2026-01-06 Relisted Zillow
  • 2025-12-21 Delisted Zillow
  • 2025-12-12 Relisted Zillow
  • 2025-11-20 Delisted Zillow
  • 2025-11-08 Price Changed $28,900 Zillow
  • 2025-10-29 Price Changed $30,900 Zillow
  • 2025-10-29 Relisted Zillow
  • 2025-10-24 Delisted Zillow
  • 2025-10-03 Price Changed $28,900 Zillow
  • 2025-08-02 Price Changed $87,900 Zillow
  • 2025-05-20 Listed $85,900 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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