NOT LISTED FOR SALE

529 Lamplighter Ln Monticello, IN 47960

24 Beds
12 Baths
8,592 Sq Ft
1.59 Acres

Last Sold November 03, 2020

Last sale price $385,000 $45 Per Sq Ft

58 Days on Market

Highlights

  • Basketball Court
  • 1 Car Attached Garage
  • Community Playground
  • Corner Lot
  • Exterior Bathhouse
  • Luxury Vinyl Tile Flooring

About This Home

As of November 2020

6 duplex's 12 rental units total for sale across the street from Lake Freeman. 2 duplex's have separate parcel #'s. 4 duplex's are on same parcel, have large backyard, basketball Ct. Clothes Washer & Dryer Building with coin laundry. Updated roofing, 2 units have gfa/central a/c. Updates performed to several units. Many units are leased on a month to month basis with rents ranging from $508-$550 per month. Currently 7 of 12 are leased. Units 100 & 102 Woodland Trail have garages.

Last Agent to Sell the Property

Gregory Vogel

VOGEL REAL ESTATE Listed on: 09/04/2020

Last Buyer's Agent

Christine Thayer

REAL ESTATE NETWORK L.L.C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,881

Year Built

  • Built in 1961

Lot Details

  • 1.59 Acre Lot
  • Rural Setting
  • Corner Lot
  • Level Lot
  • Property is zoned R-2 Single & Two-family Residential District, R-2 residential one/two family

Home Design

  • Shingle Roof

Interior Spaces

  • 8,592 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Full Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Basketball Court
  • Exterior Bathhouse

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Shared Well
  • Well

Listing and Financial Details

  • Tenant pays for electric, heating
  • The owner pays for sewer, trash collection
  • Assessor Parcel Number 91-73-34-000-036.502-020

Community Details

Overview

Recreation

  • Community Playground

Additional Features

  • Laundry Facilities
  • 12 Separate Gas Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,881

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1961
  • Age: 59
  • Style: Detached
  • Bedrooms: 24
  • Number Above Grade Bedrooms: 24
  • Total Bathrooms: 12
  • Total Full Bathrooms: 12
  • Legal Description: O'Connors Riverside Add lot 1 Plat A & 10' e/s Lot #2 Sickler Subdivision lot #1 O'Connors Riverside Add Tract B 34-27-03 1.094 acre
  • Parcel Number ID: 91-73-34-000-036.502-020
  • Platted: Yes
  • Amenities: Court-Basketball
  • Location: Rural
  • Parcel Id2: 917334000036500020, 917334000036600020
  • Sp Lp Percent: 90.59
  • Zoning Description: R-2 residential one/two family
  • Monthly Gross Income: 3681
  • County Zoning: R-2 Single & Two-family Residential District
  • Special Features: None

Interior Features

  • Total Sq Ft: 8592
  • Total Finished Sq Ft: 8592
  • Above Grade Finished Sq Ft: 8592
  • Price Per Sq Ft: 44.81
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl Tile, Vinyl
  • Number Of Ranges Ovens: 12

Exterior Features

  • Roof Material: Shingle
  • Stories: 1
  • Outbuilding: Bath House
  • Outbuilding Sq Ft: 150

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 12
  • Parking: Paved

Utilities

  • Cooling: Central Air, Wall AC
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Cable Company: Comcast
  • Well Type: Shared
  • Annual Insurance Expense: 7020
  • Annual Trash Expense: 1788
  • Annual Water Sewer Expense: 10468
  • Number Gas Meters: 12

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities, Playground

Schools

  • School District: Twin Lakes School Corp.
  • Elementary School: Oaklawn
  • Middle School: Roosevelt
  • High School: Twin Lakes

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: 1.59 acre
  • Estimated Lot Sq Ft: 69260
  • Estimated Lot Size Acres: 1.59

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Sewer, Trash Collection
  • Tenant Pays: Electric, Heating

Multi Family

  • Gross Monthly Rent: 3681
  • Number Of Refrigerators: 12
  • Number Of Units: 12
  • Num Of2 Bedrooms: 12
  • Num Of Units Rented: 7

Tax Info

  • Annual Property Tax: 3881

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2020 11/03/20 Sold $385,000 -9.4% $45 / Sq Ft
09/04/2020 09/04/20 For Sale $425,000 -- $49 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202035519

Indiana Regional MLS