NOT LISTED FOR SALE

6125 E 200 N Monticello, IN 47960

21 Beds
17 Baths
24,000 Sq Ft
7 Acres

Last Sold July 07, 2020

Last sale price $220,000 $9 Per Sq Ft

3 Days on Market

Highlights

  • Partially Wooded Lot
  • Walk-In Pantry
  • Walk-In Closet
  • Whirlpool Bathtub
  • Skylights
  • Community Playground

About This Home

As of July 2020

Ready to make some money? Valley View Mobile Home Park features 20 total lots with 9 park owned trailers, 7 privately owned trailers, and 4 vacant lots. 7 of the 9 park owned trailers are rented and making between $650 and $750 each a month. All the privately owned trailers are occupied and paying $280 a month each for lot rent. Tenants pay their own electric and gas utilities. The park pays for water, sewer, and trash. The location is great with 7 wooded acres close to town and Indiana Beach. Several trailers have been fully remodeled with new flooring throughout, fresh paint, and new appliances. There is even room for expansion for more lots.

Last Agent to Sell the Property

Aaron Ruemler

Keller Williams Monticello Listed on: 06/03/2020

Keller Williams Monticello

Last Buyer's Agent

Jill Coble

REAL ESTATE NETWORK L.L.C

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1990

Lot Details

  • 7 Acre Lot
  • Lot Dimensions are 700x400
  • Rural Setting
  • Split Rail Fence
  • Wood Fence
  • Partially Wooded Lot

Home Design

  • Shingle Roof
  • Rubber Roof
  • Metal Roof
  • Metal Siding
  • Vinyl Construction Material

Interior Spaces

  • 24,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Crawl Space
  • Laundry in Utility Room

Kitchen

  • Walk-In Pantry
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 21 Bedrooms
  • Walk-In Closet
  • 17 Full Bathrooms
  • Whirlpool Bathtub
  • Garden Bath

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 20 Parking Spaces
  • Gravel Driveway
  • On-Street Parking

Outdoor Features

  • Shed

Schools

  • Oaklawn Elementary School
  • Roosevelt Middle School
  • Twin Lakes High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Private Water Source
  • Private Company Owned Well
  • Well
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooling, electric, heating, water softener
  • The owner pays for building insurance, lawn maintenance, maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 91-73-15-000-000.701-020

Community Details

Overview

  • 17 Buildings
  • 20 Units

Recreation

  • Community Playground

Building Details

  • 20 Separate Electric Meters
  • 20 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,400
  • Trash Expense $3,360
  • Water Sewer Expense $16,032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Year Built: 1990
  • Age: 30
  • Bedrooms: 21
  • Number Above Grade Bedrooms: 21
  • Total Bathrooms: 17
  • Total Full Bathrooms: 17
  • Legal Description: OUT SW SW 15-17-03 6.686 606
  • Parcel Number ID: 91-73-15-000-000.701-020
  • Platted: Yes
  • Amenities: Ceiling Fan, Skylights, Closet(s) Walk-in, Countertops-Laminate, Deck Open, Detector-Carbon Monoxide, Detector-Smoke, Jet Tub, Jet/Garden Tub, Pantry-Walk In, Water Heater Electric, Water Heater Gas
  • Location: Rural Subdivision, Rural
  • Road Surface: Gravel
  • Sp Lp Percent: 91.7
  • Monthly Gross Income: 6680
  • Year Taxes Payable: 2020
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 24000
  • Total Finished Sq Ft: 24000
  • Above Grade Finished Sq Ft: 24000
  • Price Per Sq Ft: 9.17
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl Tile, Vinyl
  • Number Of Disposals: 2
  • Number Of Ranges Ovens: 7

Exterior Features

  • Exterior: Metal, Vinyl
  • Roof Material: Metal, Rubber, Shingle
  • Fence: Split-Rail, Wood
  • Stories: 1
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 100

Garage/Parking

  • Driveway: Gravel
  • Number Of Parking Spaces: 20
  • Parking: Gravel, Street

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Private, Well
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Well Type: Private
  • Annual Electric: 2400
  • Annual Trash Expense: 3360
  • Annual Water Sewer Expense: 16032
  • Number Electric Meters: 20
  • Number Gas Meters: 20
  • Number Of W D Hookups: 16
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Playground

Schools

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

Lot Info

  • Lot Description: Partially Wooded, 6-9.999
  • Lot Dimensions: 700X400
  • Estimated Lot Sq Ft: 304920
  • Estimated Lot Size Acres: 7

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cooling, Electric, Heating, Water Softener

Multi Family

  • Gross Monthly Rent: 6680
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 7
  • Number Of Units: 20
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 4
  • Number Of 3 Bedrooms: 4
  • Num Of Units Rented: 14

Tax Info

  • Annual Property Tax: 1800

MLS Schools

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

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 Prior Sale
07/07/2020 07/07/20 Sold $220,000 -8.3% $9 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $239,900 +42.8% $10 / Sq Ft
02/24/2020 02/24/20 Sold $168,000 +1.8% $10 / Sq Ft View Prior Sale
12/17/2019 12/17/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $165,000 -- $10 / 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: 202020274

Indiana Regional MLS