NOT LISTED FOR SALE

6568 E Riverview Rd Unit A & B Monticello, IN 47960

Estimated Value: $161,522 - $478,000

4 Beds
4 Baths
1,920 Sq Ft
$150/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $109,000 $57 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,587/month

5 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Lake, Pond or Stream
  • Forced Air Heating and Cooling System
  • Waterfront
  • Shed
  • Carpet

About This Home

As of December 2021

Fully rented duplex just outside of town with Lake Freeman Access. 2 story building. Each unit is 2 bedrooms and 1 1/2 bath. Each main level has living room, kitchen, dining room and 1/2 bath, with bedrooms and full bath on the upper level. Wood deck on the back and a storage shed for each unit. Roof new May 2020

Last Agent to Sell the Property

John Koppelmann

Koppelmann Real Estate Listed on: 11/05/2021

Last Buyer's Agent

Cole Kesling

Sue O'Brien - Titan RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1964

Lot Details

  • 2,800 Sq Ft Lot
  • Lot Dimensions are 50x56
  • Waterfront
  • Rural Setting
  • Sloped Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lake
  • Waterski or Wakeboard
  • Lake, Pond or Stream
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Shared Well
  • Well

Listing and Financial Details

  • Tenant pays for electric, fuel, heating
  • The owner pays for maintenance, sewer, tax, trash collection, water
  • Assessor Parcel Number 91-73-34-000-041.200-020

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $420
  • Insurance Expense $1,062
  • Trash Expense $270
  • Water Sewer Expense $1,746

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,064

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Waterfront: Yes
  • Year Built: 1964
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: Horseshoe Bend Sub Lot 3 & Tract B UND 1/3 & Tract A UND 1/5
  • Parcel Number ID: 91-73-34-000-041.200-020
  • Platted: Yes
  • Amenities: Off Street Parking, Deck Open, Detector-Smoke
  • Location: Rural
  • Zoning Description: Residential
  • County Zoning: R-2 Single & Two-family Residential District
  • Special Features: None

Interior Features

  • Total Sq Ft: 1920
  • Total Finished Sq Ft: 1920
  • Above Grade Finished Sq Ft: 1920
  • Basement Foundation: Slab
  • Flooring: Carpet, Vinyl
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Lake Type: Ski Lake
  • Water Features: Deeded, Walk to Lake Access
  • Water Name: Lake Freeman
  • Stories: 2
  • Outbuilding: Shed
  • Outbuilding Sq Ft: 80

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking: Gravel, Off Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Regional
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Shared
  • Annual Electric: 420
  • Annual Insurance Expense: 1062
  • Annual Trash Expense: 270
  • Annual Water Sewer Expense: 1746
  • Number Electric Meters: 2
  • Number Gas Meters: 2

Lot Info

  • Lot Description: Slope
  • Lot Dimensions: 50x56
  • Estimated Lot Sq Ft: 2800
  • Estimated Lot Size Acres: 0.0643
  • Lot Number: 3

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Maintenance, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Electric, Fuel, Heating

Multi Family

  • Water Access: Easement/Other
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Num Of2 Bedrooms: 2

Tax Info

  • Annual Property Tax: 1064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 22, 2021
Sold by
Kruger Kari S
Bought by
Job Acquisition Llc % Jonathan & Chamai
Seller's Agent
John Koppelmann
Koppelmann Real Estate
Buyer's Agent
Cole Kesling
Sue O'Brien - Titan RE
List Price
$109,000
Sold Price
$109,000
Current Estimated Value
$288,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,131
Avg. Annual Appreciation
28.72%

Purchase Details

Closed on
Mar 14, 2018
Sold by
Kreftmeyer Jimmy R and Kreftmeyer Kay E
Bought by
Kruger Byron K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
4.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Job Acquisition Llc % Jonathan & Chamai $109,000 White County Abstract & Title
Kruger Byron K $69,375 White Cnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kruger Byron K $55,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $109,000 0.0% $57 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $109,000 -- $57 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $912 $138,300 $5,800 $132,500
2023 $1,539 $133,600 $5,800 $127,800
2022 $1,437 $123,800 $5,800 $118,000
2021 $1,362 $114,600 $5,800 $108,800
2020 $1,064 $88,600 $5,800 $82,800
2019 $1,021 $88,600 $5,800 $82,800
2018 $1,062 $93,400 $5,800 $87,600
2017 $992 $93,100 $5,800 $87,300
2016 $963 $93,100 $5,800 $87,300
2014 $934 $89,500 $5,800 $83,700
Source: Public Records

Agents Affiliated with this Home

  • John Koppelmann

    Seller's Agent in 2021

    John Koppelmann

    Koppelmann Real Estate

    (574) 870-0688

    84 Total Sales

    John Koppelmann
    Section Image
  • Cole Kesling

    Buyer's Agent in 2021

    Cole Kesling

    Sue O'Brien - Titan RE

    (765) 414-4208

    30 Total Sales

    Cole Kesling
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202146682

Indiana Regional MLS

APN: 91-73-34-000-041.200-020

Indiana White County Monticello 47960

6568 E Riverview Rd Unit A & B, Monticello, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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