source: The Republican (Danville, Indiana) - issue of Thursday, March 20, 1958 - page 1, column 5:
According to a newspaper article, in March 1958 Liberty Township trustee Harry Ward paid $15,000 to purchase a 27 acre piece of land on the northeast corner of US 40 and Hazelwood Road (aka County Road 0) south of Clayton. This site, which was formerly the Dorothy Walker Wilson property, was to be used to build a new Liberty Township High School.
NOTE: Cascade High School opened in the fall of 1964 on a site north of the intersection of US 40 and County Road 200 West.
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